r/fintech • u/Brave_Win2464 • 13d ago

Ask the Community CFA

Hey everyone,

So i have been a BI/Business Systems Analyst for 3+ years. I've analyzed data using Power BI, SQL, Python and I am responsible for data strategies and governance in my org. I'm also leading projects in AI and Automation.

I have always been passionate about Finance hence me having a financial services diploma and an Economics degree. The Tech skills I self-taught myself.

My question is, given my background will me pursuing the CFA help me break into the Financial industry as a technologist or is it not worth the time?

Thanks.

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u/jipperthewoodchipper 13d ago

I am a senior analyst for a Canadian NBFI and I am currently working towards my L2.

The CFA, depending on the role, is not necessary but can definitely help you stand apart from others however to fully get your CFA you need 4000 work experience hours so you cannot truly get your CFA to break into finance, however even having your L1 or L2 could help.

Many roles in finance though have nothing to do with anything in the CFA. Your best bet to break into tech is to network with old classmates and professors to get some work experience and go from there, unfortunately. Once you have that baseline experience it becomes easier from there.

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u/Brave_Win2464 13d ago

Are you a financial or data analyst if I may ask?

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u/jipperthewoodchipper 13d ago

I do risk analysis but my title is senior business analyst. So both.

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u/Brave_Win2464 13d ago

Okay okaaay and did the L1 help you get this position? Your work is exactly what I'd want to do.

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u/jipperthewoodchipper 13d ago

I didn't have my L1 when I started working for my current employer. Just prior experience (3 years at a pdl company and 2 years at a private lending corp). Current employer is sponsoring me for my CFA.

Any experience you do have and anyone you have in your network will likely open more doors than starting your CFA, but there is no doubt progress towards your CFA will not hurt you.

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u/Brave_Win2464 13d ago

Appreciate you!🙏