In-House Bank Hacker

Usually, bank security guards keep the bad guys out. How about security guards hired to break in? Large financial institutions have long hired companies to hack into their systems and report back on weaknesses, a process called penetration testing, A big change that saw in recent years is that financial institutions are employing in-house penetration testers to continuously test their systems. People have figured out you can’t just do a test once a year. When you’re continuously writing code and you’re continuously deploying new infrastructure, you have to have a continuous penetration-testing process, It’s always been difficult to find talent.  Now, these jobs are even more in demand. Do we need more hackers?

NFT Appraiser

As our lives increasingly migrate to digital and virtual worlds, we’ll begin to acquire assets in those worlds,  At the same time, he foresees the “financialization of everything,” in which anything with intellectual-property value can become a unique digital asset that can be owned–music, games, even sneakers. Last year, collectors spent billions of dollars trading digital art and collectibles, most of which were attached to NFTs, or nonfungible tokens, which act as vouchers of authenticity on the blockchain for virtual goods. So how do assess the value of these virtual assets? Call in the NFT appraiser. Financial institutions will need to hire people from a broad range of industry sectors to help them understand how to properly evaluate digital collectibles.

Loan Officer as Financial Adviser

Technology developments and regulatory shifts could cut the time it takes to buy and sell a home from a couple of months to a couple of days, Relieved of that, the loan officer of the future could pursue higher-value parts of the job: acting as an adviser and counselor. They’ll have more time to help customers strategize, look for opportunities and prepare financially for their long-term goals. This already exists to a point, but it’s not nearly as widespread as it could be. Whenever technology makes things more efficient, it allows people to spend their time doing what they do best.

Chief Fintech Officer

What happens when the financial-services part of an online business takes on a life of its own? You may need a chief fintech officer. Housecall Pro, created as a platform to help plumbers, electricians, landscapers, and other home-services providers run their businesses, is one example of a development that is happening more often, It was started to help tradespeople do things like making appointments, creating estimates, send invoices and take payments. Today, the financial end is a huge part of the company’s business. As demand for financial services grew, It offers clients a suite of products to handle their financial needs, including payments, bank transfers, customer financing, payroll, and more. More companies built around a core product unrelated to finance will need people in roles responsible for providing financial services to customers.

Financial-Bot Supervisor

People are going to need a new kind of financial adviser if they want someone to help them manage their virtual portfolios of NFTs and other assets. This new financial-management role will best be filled by a bot, humans won’t be completely out of the picture, Humans will be needed to look over the bots’ shoulders to ensure that the recommendations they make are sound. A financial-bot supervisor, in other words. You will need somebody who would sit on top of everything, who would make sure that whatever those bots are proposing as an outcome to the consumers is always within the scope of the regulations.