Reskilling and Upskilling for the Finance Industry: What Matters Now? (Insights)

The two buzzwords in the finance and asset management industry in Singapore these days: sustainability and digitalisation.

But these two forefronts also need new skills, and some in the industry, or those looking to join it, may find it hard to figure out what's the best way forward in terms of reskilling and upskilling, to stay relevant and employable

Some key questions Singaporean workers have asked include:

• What are the new skillsets and mindsets that matter for those working in the finance industry?
• "Sustainable Finance"- what's the 101?
• Digitalisation and artificial intelligence in the finance industry- are our jobs in peril?
• Mid-career switcher- how to get a foothold into the finance industry?

To find out more, CareersCompass by MyCareersFuture spoke to Chiew Chun Wee, the regional head of policy at the Association of Chartered Certified Accountants (ACCA), who shared why upskilling and reskilling matters for long-term planning in the finance industry, and some key things to understand on key topics such as sustainable finance and digitalisation.

Key highlights to listen to: 

• (1:20) How technological change affects everyone in the finance industry, and why fighting it leads to "dinosaurs"

• (5:00) Generative artificial intelligence will be a game-changer for the finance industry at all levels

• (8:29) Quantifying sustainability has to go beyond greenwashing

• (9:00) Why Career Conversion Programmes (CCPs) will help mid-careerists who are keen to join the finance industry

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