For professionals working within the financial services industry, developing critical skills for finance roles should be top of their resolutions list as we approach the new year. This rings particularly true for those looking to step into leadership roles.
By 2025, advances in technology and shifting business needs will place new demands on finance professionals. Therefore, as the finance industry evolves, candidates must continue to adapt and grow their skill sets.
Read on to learn more about the key skills required to thrive as a leader in this changing landscape.
Discovering the most sought-after future skills
The recent Skills of the Future report by IFS Skillnet identified the key future skills requirements as falling under four categories: Future Currency Skills, Human Experience Skills, Reimagination Skills and Pivoting Skills. There are numerous individual skills filed under each category. For example:
- Future Currency centres around technology, featuring skills like data and digital acumen, as well as capacity for innovation.
- Human Experience deals with attributes such as emotional intelligence, communication and teamwork.
- Reimagination involves essential skills like critical thinking and problem-solving.
- Finally, Pivoting incorporates adaptability, learning agility and change leadership, among others.
These findings provide valuable insights to candidates seeking a wide range of finance roles.
Critical skills for finance roles in 2025
While the aforementioned categories and their associated skills paint a clear picture of what employers are looking for in order to support the continuing shift to a digital platform, there are certain skills that are in high demand for 2025. Here is a rundown of the most desirable skills for those searching for roles in the finance sector in the coming year.
1. Data analysis and interpretation
With businesses generating and relying on more data than ever, finance leaders must know how to make sense of it. It’s not just about crunching numbers; it’s about using tools to uncover insights that guide decision-making.
Studies have indicated that between 60 and 73% of all data generated by enterprises goes unanalysed. A savvy employer will seek to avoid contributing to these figures by wasting valuable data. In this context, a candidate who showcases proficiency in analytics software and an understanding of how to turn data into actionable plans will stand out from the crowd.
2. Understanding technology and automation
Technology is reshaping how financial tasks are managed. For example, automation tools like Artificial Intelligence (AI) and Robotic Process Automation (RPA) can streamline processes such as payroll and reporting.
Leaders in finance don’t need to be IT experts, but they should understand how these tools work and how to implement them effectively in their teams.
3. Leading and managing teams
Leadership isn’t just about delegating tasks; it’s about motivating people, creating a positive team culture, and building trust. Strong interpersonal skills and emotional intelligence are essential for working effectively with a diverse range of people and ensuring everyone is focused on common goals.
4. Strategic thinking
The ability to think strategically has always been important for leaders. In today’s world, it involves looking beyond immediate issues to see the bigger picture. Whether it’s managing risks, exploring new opportunities, or aligning financial plans with long-term business goals, strategic thinking is a must-have skill.
5. Communication skills
Finance can be a complex field, but good leaders know how to explain things clearly. Whether it’s talking to clients, presenting to the board or working with non-finance colleagues, clear communication helps to build trust and ensures everyone is on the same page.
Other vital skills required for roles within the financial sector
The above critical skills may be among the list of those trending for 2025, but other vital attributes are equally as valuable to bring to the table. These include:
Cybersecurity awareness
Digital finance systems are undoubtedly convenient, but they unfortunately come with risks that can be devastating to businesses. Protecting sensitive data and staying compliant with regulations are now core parts of any finance role, and are essential to mitigating these risks.
An accomplished leader should ensure their teams understand cybersecurity basics and use secure practices to safeguard company assets.
Staying curious and adaptable
The finance industry is changing quickly, and leaders need to keep up. That means being open to learning new things, whether it’s understanding a new software tool, gaining a certification, or establishing a different way of doing things.
Continuous learning shows that you’re willing to grow, which is something any forward-thinking organisation values.
Problem-solving
Challenges come with the territory when working in the financial services industry, and being able to tackle them head-on is critical. Leaders should approach problems systematically, breaking them down into manageable parts and finding practical solutions.
This skill becomes even more important as businesses navigate uncertainties and rapid technological changes.
Integrity and ethics
Finance leaders are often the gatekeepers of trust within an organisation. Acting with integrity, being transparent and making ethical decisions are non-negotiable. These qualities inspire confidence from both internal and external stakeholders and protect the reputation of the business.
Understanding global perspectives
Many businesses in the digital age operate on a global scale. Knowing how markets work in different regions and being aware of cultural differences can therefore help finance leaders make better decisions and work more effectively with international teams or clients.
A balanced approach to leadership
Stepping into a leadership role in the financial services sector isn’t just about mastering one or two areas – it’s about building a broad set of skills. Being technically proficient is hugely important, but so is having strong people skills, the ability to think strategically, and a commitment to learning.
By focusing on these areas, finance professionals can prepare themselves for leadership roles in 2025 and beyond. It’s not about being perfect in every skill but about continually improving and staying adaptable in a fast-changing world. This practical, well-rounded approach will make a real difference as you take the next step in your career.
Showcase your critical skills for finance roles with the help of our recruitment specialists
At 360 Search, we work with each candidate to understand their unique skill set so that when the right role comes along, we’re ready to act. We constantly map the market and manage client relationships, so we’re always one step ahead in knowing the best job options available at any time.
Once we understand you and the qualities you can bring to a position, we make introductions that are productive, worthy of your time and in line with your career vision.
Contact us today to find out how we can help you utilise your skills within a role and a company that’s a perfect fit.
