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Best IT Certifications for Finance Careers

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If you’re an IT specialist who wants to work in finance, you most likely already possess the key competencies required for success. IT in finance and most other contexts are essentially the same.

Having said that, earning IT certifications specific to the finance sector could help advance your IT career plan. When applying for jobs and promotions, engineers who possess certifications that banks and other financial businesses value are likely to stand out from the competition.

However, specifically, what are those certifications? As we explore the top certifications for an IT career in finance, continue reading for advice.

IT Certifications for Finance: The Basics

First of all, it should be noted that there are no significant IT certifications specifically tailored to the finance sector. This is understandable given that the fundamental IT competencies required by financial enterprises are essentially the same as those required in any other context.

But the finance sector does have some unique priorities that affect IT, like:

  • Strict regulations necessitate that IT engineers be particularly skilled in tasks like supporting audits and proving compliance.
  • High risks to data security, necessitating a high level of skill in finding and protecting sensitive data.
  • There is a high frequency of cybersecurity attacks, so IT engineers need to be skilled in assisting with risk management.
  • a requirement to maintain large, intricate IT estates that frequently combine modern and legacy systems.

The most qualified IT engineers to succeed in IT positions in the financial industry are those with the expertise required to meet these priorities and the certifications to support them.

IT Certifications for Finance, Category-by-Category

The IT certifications that are related to each of the above-described areas of interest are broken down here.

Compliance certifications

An excellent method for IT engineers to demonstrate their understanding of compliance requirements is to obtain the Certified Information Privacy Professional (CIPP) certification, which attests to one’s mastery of privacy laws and policies. There are various concentrations available, each specifically designed for a different part of the globe.

Understanding risk and risk management, an essential aspect of compliance, is covered by the Certified in Risk and Information Systems Control (CRISC) certification.

Data security certifications

The ability to understand the technical steps necessary to secure sensitive data, including financial information, is demonstrated by the Certified Data Privacy Solutions Engineer (CDPSE).

A certification in data security and privacy that recognizes proficiency in both the technical and conceptual aspects is the Certified Information Privacy Technologist (CIPT).

The aforementioned CIPP certification can also serve as evidence of knowledge regarding data security best practices, particularly as they pertain to privacy legislation and policy.

Cybersecurity

There are too many cybersecurity certifications to mention them all here, but almost all of them will be appealing to financial companies looking to ensure that their IT personnel prioritizes and understands cybersecurity best practices. We’ll focus on a few of the most important products here.

  • CompTIA Security+. Suppose you’re an IT engineer who wants to demonstrate that they understand cybersecurity but don’t want to work in the field full-time. In that case, this certification is probably the best option available.
  • CompTIA Advanced Security Practitioner (CASP+) credential delves more deeply into cybersecurity subjects than the Security+ one. If all you want to demonstrate is that you understand the basics of cybersecurity, then CASP+ might be overkill, but it could give you an advantage when applying to banks or other finance companies where security is given top priority.
  • Another well-known certification that shows cybersecurity expertise among IT engineers is the Certified Information Security Manager (CISM).

Complex systems

There isn’t a single certification that can be used to prove that an IT professional can work in all of the different environments that a finance company may encounter. Rather, pick certifications that are compatible with the technologies that your business or a potential employer uses.

For example, credentials such as the IBM z/OS Mainframe Practitioner Professional Certificate are likely to be valuable to banks that run mainframes. Similarly, companies using SAP HANA might pay special attention to job applicants who have earned the SAP Certified Application Associate credential.

Regarding the more contemporary systems you might encounter in the finance industry, there are numerous certifications available for particular cloud computing platforms (such as AWS, Microsoft Azure, and Google Cloud Platform) and contemporary methodologies (like DevOps). Once more, ascertain which platforms or technologies are most crucial to the business you wish to work for, and then seek certifications that correspond with those needs.

Conclusion

Getting certified is not a guarantee of employment in finance for IT professionals. Having the appropriate credentials, however, can make IT engineers stand out—especially in a competitive job market. When developing a certification strategy, determine which IT skill sets are most important in the finance industry and select certifications in line with those needs.

Raeesa Sayyad

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