July 11, 2022

Financial Services in Ireland – Skills of the Future Report

Financial Services in Ireland – Skills of the Future

New skills needed to address rapid technological advancements and climate change challenge

Ireland’s financial services sector is fundamental to the growth and prosperity of the country. Our new report, Financial Services in Ireland – Skills of the Future, highlights a variety of news skills required in Ireland’s financial services sector, as it navigates an increasingly digital future and the challenges of climate change.

The main skills gaps identified in the survey within the report were data analytics and machine learning (18%), digital transformation (18%), and risk and compliance (18%).

The report makes a number of recommendations, including:

  • Extending existing talent initiatives that increase access to in-demand skills, such as the IFS Skillnet and IFS, Insurance and Accounting Apprenticeships to help students and employees build work-ready skills
  • Attract talent early through well thought out strategically planned processes
  • Attract transition talent by showcasing modern financial institutions as technology-centric, innovative, world-class employers
  • Broaden recruitment filters to ensure that they are responsive to the changing nature of skills and experience
  • Focus on upskilling and reskilling as an opportunity for mid-career employees

Please click here to download your copy Financial Services in Ireland – Skills of the Future

Latest News

25/10/22

Playback – Insights to the Future of Work in the Financial Services Sector Webinar – 24th October

The financial services sector in Ireland is a powerhouse for growth, underpinning and enabling all sectors of Ireland’s economy.  The sector contributes almost a one quarter of Ireland’s total 20

See more

21/10/22

Innovative Sustainable Finance Programme Opens for Registration

21 October 2022: Registration has opened today for an innovative new sustainable finance programme for compliance professionals in financial services developed and delivered by IOB. C

See more

14/10/22

Sustainable Finance What Role will the Compliance Professional Play?

For all our futures, a sustainable world is going to be ever more important. An important component to achieve a sustainable world is sustainable finance. The area of sustainable finance is evolving t

See more