An Assessment of Future Skills Requirements in High Potential Sub-sectors of Ireland’s International Financial Services Sector to 2027

 A new report from the Expert Group on Future Skills Needs highlights the strategic importance of the International Financial Services sector to Ireland’s economy. The report forecasts that the sector will need to recruit between 6,000 and 9,000 between now and 2027, which will result in an estimated skills gap in the sector of more than 4,000 people if the stronger growth scenario outlined in the report is realised.

Beyond these headline employment figures, Skills for International Financial Services: An Assessment of Future Skills Requirements in High Potential Sub-sectors of Ireland’s International Financial Services Sector to 2027 sets out a detailed analyses of the skills required by each of the seven high-potential sub-sectors identified in the study:

• Fintech and Payments
• Asset Management
• Investment Funds and Securities Services
• Insurance and Reinsurance
• International Banking
• Wholesale Capital Markets
• Aircraft Leasing and Finance

 Nine recommendations have been set out to meet the skills needs identified in the report, and a National Oversight and Implementation Group has been established to coordinate their implementation.

 Read the full report here: Skills for International Financial Services.pdf (size 13.2 MB)

Read the press release here: https://enterprise.gov.ie/djei/en/news-and-events/department-news/2024/may/03052024.html