Financial Services
The Financial Services sector is amidst rapid change driven by factors such as advances in technology, globalization and competition. Employers are facing increased competition from outside the traditional sector and change in the digital behaviors of consumers, which has been exacerbated by the pandemic. This has seen job roles in the sector changing, with some jobs converging or disappearing and new ones being created.
The Financial Services Sector Skills research was conducted with the guidance of the Central Bank of Bahrain (CBB) and was overseen by an industry-representative Steering Committee consisting of ten employers in the sector, along with key government and regulatory stakeholders.
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13,737
Employees working in the Financial Services sector
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67%
Bahrainization rate
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33%
Female representation of employees in the sector
According to Skills Bahrain Survey
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0%
of the large majority of Bachelor Degree holders in the sector studied Business Administration, including Banking and Finance
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0%
of those working in the sector have a degree in ICT
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0%
entered the sector directly from higher education
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0%
entered the sector previously worked in retail, ICT or Telecommunications sectors
Jobs that are anticipated to be in high demand in the future
According to findings from the World Economic Forum
- Data Analytics
- Data Science
- Machine Learning/AI Specialist
- UX/UI Designer
- Software Developers
- ESG Specialist
- Blockchain Specialist
Reports
Below is a series of evidence-based reports as well as supplementary publications to provide an in-depth analysis of the skills gap and highlight valuable insights into the trends, challenges, and opportunities in the sector.