Financial services

Industry Sector

Overview

Think working in financial services is all about knowing the ins and outs of banking? Think again. 

Scotland’s financial services industry offers a wide range of career opportunities. You could be working as an insurance claims handler, an accountant or financial advisor. There are also roles in supply chain management, marketing and ICT.

Scotland is renowned for its strength in financial services and offers fantastic opportunities for people with all levels of experience and education. Whether you’re fresh out of school, a university graduate or considering a career change, you could find your dream job in finance.

Watch Lorena's story below, to see how a Modern Apprenticeship helped kick-start her career in financial services.

The industry now

  • Almost 100,000 people are employed in the industry in Scotland
  • Scotland is recognised as the most important UK financial centre outside London and the South East
  • Manages over £800 billion of funds overall
  • Generates around £8 billion for the Scottish economy, which is more than 8% of Scottish onshore economic activity.​​​​​​​

*Scottish Financial Enterprise

The future

  • Digital skills will be in demand as changes in technology lead to new ways of interacting with customers and analysing the market
  • Customer service roles will continue to be important, especially with the development of new technology like banking apps
  • Risk management and compliance will be increasingly in demand​​​​​​​

*Skills Investment Plan for Scotland's Financial Services Sector​​​​​​​