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7 Ways Women Can Find Banking Jobs in the Industry: wfh banking jobs

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Women currently make up a small percentage of the banking workforce, with just 18% of industry roles occupied by women. There are plenty of exciting entry-level opportunities in the world of banking, but it can be difficult for women to find them. The old boys network still prevails in many industries and that’s why we’ve put together this list of tips for women looking for a career in banking.

Network, network, network

The old adage ‘it’s not what you know, it’s who you know’ is especially true in banking and financial services. If you don’t know anyone in the industry, it can be incredibly difficult to break into banking. The best way to find a job in banking and financial services is through networking. Make sure you join various industry-related networks, and attend events and conferences where you can make industry connections. Make sure you are always putting your name out there and getting yourself known in the industry.

Get a certification in digital technologies

Banking is a rapidly changing industry which has been heavily disrupted by new technologies. The banking sector is currently worth $1.6 Trillion globally, and around $350 Billion of that is generated by digital services. However, women are significantly underrepresented in the digital side of the industry. If you want to break into the world of digital banking, it’s worth getting a relevant certification such as a Certified Digital Transformation Practitioner. These certifications show banks that you are invested in digital transformation and willing to learn more about new technologies.

Find the right fit before you apply

It’s important to understand the different banking sectors before you start applying for jobs. You don’t want to apply for a role in a sector that isn’t a good fit for you. Banking jobs in the investment sector, for example, require a very different skill set from the retail sector. Before you start applying for jobs, make sure you understand the different sectors in banking. Research the skills and characteristics needed for each sector and use these to identify the best fit for you.

Don’t be afraid to negotiate your salary

If you’ve been offered a job with a bank, it’s definitely worth asking about the salary. You might be offered a salary that is lower than the market rate, especially if you are early in your career. Don’t be afraid to negotiate your salary. If you don’t ask, you won’t receive.

Be proud of your capabilities and don’t apologize for them

Banking is an extremely competitive industry, and unfortunately, it is also an industry that is dominated by men. If you want to stand out from the crowd, it’s important to be confident in your abilities and not apologize for your gender. As we mentioned, many banks are run by old boys’ networks, so breaking into the industry can be difficult for women. You can help combat the bias against women in the industry by being proud of your capabilities and not apologizing for them.

Conclusion

Women currently make up a small percentage of the banking workforce, with just 18% of industry roles occupied by women. There are plenty of exciting entry-level opportunities in the world of banking, but it can be difficult for women to find them. The old boys network still prevails in many industries, and it can be difficult for women to find banks that are actively hiring. The best way to find a job in banking is through networking, getting a certification in digital technologies, finding the right fit before you apply, and not being afraid to negotiate your salary.

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