Skills for the future in the Scottish financial sector

In our sector, skills and people are the foundation of any company’s success. Across sub-sectors we rely heavily on expertise, precision, and the ability to adapt to a rapidly changing environment.

Furthermore, the ability to build and maintain strong people relationships is crucial, requiring a blend of technical knowledge and interpersonal skills.

Investing in people and their skills not only boosts individual career prospects but also strengthens the competitive edge of our sector in Scotland.

The changing skills landscape 

The financial services sector is evolving rapidly, driven by technology, AI, and changing customer needs. Whether you’re looking to develop technical skills like data analytics or behavioural skills like empathy, understanding these shifts is essential for securing a future-proof career.

Technological advancements, such as artificial intelligence, machine learning, and blockchain, have created a demand for new technical skills that were previously non-existent. Cybersecurity has become paramount, with a growing need for professionals who can safeguard sensitive financial data.

Moreover, the rise of digital banking and fintech innovations has reshaped traditional financial services, requiring a workforce proficient in digital tools and platforms. At the same time, there has been an increasing emphasis on behavioural skills such as adaptability, emotional intelligence, and empathy, which are essential for navigating the complexities of modern client interactions and team dynamics.

The shift towards remote work and hybrid models has also influenced the skills landscape, highlighting the importance of digital communication and virtual collaboration skills. To remain competitive, professionals and organisations must continually adapt and invest in upskilling and reskilling to meet the evolving demands of the industry.

Behavioural skills

Adaptability

Adapting involves the ability to quickly adjust to new technologies, market conditions, and regulatory changes is essential in today’s fast-paced… read more

Empathy

Empathy involves understanding and sharing the feelings of others, which is crucial for effective communication and relationship building. read more

Resilience

Resilience is the strength to remain focused and productive under pressure and to bounce back from setbacks. read more

Technical Skills

Digital skills

With the increasing reliance on technology, having strong digital skills is essential for navigating today’s work environments. read more

Data Analytics

Proficiency in data analysis tools such as Excel, SQL, Python, and advanced statistical methods is essential. Analysing financial data to… read more

Cybersecurity

Cybersecurity focuses on protecting computer systems, networks, and data from unauthorised access, attacks, or damage. It encompasses a range of… read more

AI-related roles in Financial Services

With the increasing integration of AI across the financial services sector, the demand for both technical and human-centred skills has grown. AI may automate tasks, but its true value lies in how people use it to enhance decision-making, drive innovation, and improve customer experiences.

Data Scientist / Engineer

Data scientists focus on turning raw data into useful information. Their role involves handling vast, often unstructured datasets to uncover… read more

AI Risk Manager

An AI Risk Manager is responsible for identifying, assessing, and mitigating the risks associated with implementing AI technologies in financial… read more

Machine Learning Engineer

A Machine Learning Engineer designs, develops, and implements machine learning models that automate and enhance processes in financial services, such… read more

Cognitive Skills

Critical thinking

Critical thinking is the ability to evaluate information, identify biases, and draw well-reasoned conclusions. read more

Problem solving

Problem-solving is the ability to identify, analyse, and find effective solutions for complex issues and challenges. read more

Creativity

Creativity involves the ability to think outside the box and develop new solutions to problems. read more

Areas of Expertise

Regulatory insights

Regulatory insights involve understanding and applying knowledge of laws, regulations, and guidelines relevant to a specific industry. read more

Risk management

Risk management as a skillset involves identifying, assessing, and controlling threats. read more

Green Skills

Green skills for a green future in the Scottish financial industry What is green finance? Green and sustainable finance encompasses… read more

Whether you’re just starting out, or as you develop further in your career, it’s very important that you continue to learn and develop your skills.

Developing knowledge and skills will help boost your confidence, pursue new opportunities and have an exciting and rewarding career journey.

Postgraduate 


Course:

Advanced Computer Science with Artificial Intelligence


Study:

In-Person

Postgraduate 


Course:

Advanced Computer Science with Data Science


Study:

In-Person

Digital Course 


Course:

Advanced Diploma in Banking and Leadership in a Digital Age


Study:

Online

Digital Course 


Course:

An introduction to sustainability for finance professionals


Study:

Online

Undergraduate 


Course:

BA Business Analysis & Technology


Study:

In-Person

Undergraduate 


Course:

BEng (Hons) Cyber security


Study:

In-Person

Undergraduate 


Course:

BEng (Hons) Cybersecurity & Forensics


Study:

Hybrid

Undergraduate 


Course:

BSc (Hons) Computer Science (Artificial Intelligence)


Study:

Online

Undergraduate 


Course:

BSc (Hons) Computer Science (Artificial Intelligence)


Study:

In-Person

Undergraduate 


Course:

BSc (Hons) Computer Science (Cyber Security)


Study:

In-Person

Undergraduate 


Course:

BSc (Hons) Computer Science (Data Science)


Study:

In-Person

Undergraduate 


Course:

BSc (Hons) Computer Science (Software Engineering)


Study:

In-Person

Post school education

Colleges and universities in Scotland offer a diverse array of programs focused on green finance and environmental sciences. These courses are designed to equip students with vital skills and in-depth knowledge essential for shaping the future of the financial sector.

With an emphasis on sustainability, these academic offerings prepare graduates to meet the increasing demand for sustainable financial practices.Discover the educational paths available and take the first step towards becoming a leader in the transformative field of sustainable finance.

Free resources

Many organisations recognise the importance of green skills for the evolution of our sector and offer free resources to help promote sustainability and climate literacy. These resources are open to everyone and often don’t require any prior experience in green and sustainable finance.

Digital Course 


Course:

Introduction to Sustainable Finance


Study:

Online

Digital Course 


Course:

TCFD Online Courses


Study:

Online

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