Industry Guide: Banking & Finance
Industry Guide: Banking & Finance | Regulars

Banking & Finance

So your resume made a splash and you've been shortlisted for an interview – now it's time to make a solid impression that'll make you stand out from your peers, while avoiding any accidental interview faux pas.
Industry Guide: Banking & Finance
Fast Facts
150
There are over 150 deposit-taking institutions in Singapore
US$2 Tn
The banking sector has a total asset size of almost US$2 trillion
3rd
Singapore's Financial Technology (fintech) industry has risen to become the third busiest in the region
Industry Guide: Banking & Finance
Industry Outlook
With the industry increasingly adopting new technologies such as Robotic Process Automation (RPA), Chatbots, Mobile Banking, and Data Analytics, jobs in the financial sector are expected to evolve. Enhancing your digital and soft skills is essential to future-proof your career.
Key Skills
  • Resourcefulness & innovation
  • Resilience
  • Analytical ability
  • Financial reporting
  • Keen eye for detail
Relevant Jobs

Accountant

  • Diploma and above
  • 1-3 years' experience
  • $2,500 - $4,500
  • As an Accountant, you will be tasked to maintain the company's financial records, accounts, and tax information. Depending on the organisation, your responsibilities can also extend to preparing payments by verifying documentation and requesting disbursements.

Accounts Receivable Executive

  • Diploma and above
  • 1-4 years' experience
  • $2,500 - $4,500
  • The key role of an Accounts Receivable Executive is to ensure that your company receives payments for goods and services provided, keeping a record of these transactions. You will also find yourself verifying, posting receipts, and resolving any discrepancies that occur.

Auditor

  • Degree and above
  • 3-6 years' experience
  • $4,000 - $5,000
  • Auditors are responsible for detecting fraud and clerical errors in the accounts of companies and organisation. Auditors might also fulfil an advisory role to recommend possible cost savings measures that could be implemented.

Claims Executive

  • Degree and above
  • 2-6 years' experience
  • $3,000 - $4,200
  • Claims Executives will need to maintain current knowledge of insurance guidelines, and any policy changes and modifications. You should be prepared to maintain good relationships with the insured, agents, and other partners, and should respond to requests according to the organisation's service standards.

Risk Analyst (Market/Liquidity Risk)

  • Diploma and above
  • 4-7 years' experience
  • $5,000 - $9,000
  • As a Risk Analyst, you will ensure that market risks are properly assessed and that risk/return decisions are made transparently based on these assessments. You will also ensure compliance with regulatory requirements and be tasked with following up on market risk related issues.

Treasury Analyst

  • Degree and above
  • 3-6 years' experience
  • $5,000 - $8,000
  • Treasury Analysts are responsible for managing and analysing their employer's financial activity. These can include managing cash flow, income, and assets.