Discover the top 5 fintech jobs in fintech, their requirements, skill level and whose hiring your next job might fingertip away.
Sometimes you must wonder what happens when you split bills during a dinner date from Venmo or Cash app. How are these payments processed? That makes it easy to make payments quickly and send money to your friends and family within seconds. These payment services are made possible by fintech experts.
Fintech stands for finance technology. Financial services firms employ technology to perform transactions, store data, and communicate with customers. These systems are developed and improved by fintech jobs. Analysts use data to assess product performance and raise profitability in some positions.
The world is evolving with technologies making life seamlessly easy for everyone, including the finance industry. Working as a Fintech expert requires a high level of technical skills and financial and product dedication knowledge. Suppose you are interested in choosing a career in this fast-growing industry. Additionally, you’ll need soft skills to collaborate with team workers across the organization, stay current with technological advancements, and meet changing regulatory standards. The capacity for improvisation and adaptability are additional crucial traits.
While each profession has different educational requirements, having experience in software development will offer you an advantage. Employers also value internships as professional experience. Although you can frequently start with an entry-level finance position and develop into a more sophisticated one later, some roles may also demand a financial background or experience working in finance.
This article looks at today’s Top Fintech jobs, including requirements. Ensure to Read through to find out which job match your skill set level, and you might be an inch away from your dream career job.
Software Developer/Engineer
Average Salary: $88,385 per year
At the heart of every fintech innovation is software development. Fintech companies heavily rely on skilled software developers and engineers to design, build, and maintain cutting-edge platforms, applications, and systems. These professionals create user-friendly interfaces for mobile banking apps, implement secure payment gateways, and develop algorithms for robo-advisors and automated trading platforms. The demand for software developers in Fintech is high, making it an essential and sought-after role in the industry.
Qualification
1. Computer science or engineering bachelor’s degree or certificates in coding programs relevant to the position
2. 3-5 years of expertise in designing and executing software projects.
Skills
1. Attention to details
2. being able to multitask
3. Collaboration and Innovation
4. Communication
Cybersecurity Specialist
Average Salary: $125,920
Strong cybersecurity measures are now more critical than ever as Fintech disrupts conventional financial services. Cybersecurity specialists safeguard sensitive customer information, prevent data breaches, and ensure regulatory compliance. With the increasing frequency of cyber threats, fintech companies require skilled professionals who can anticipate vulnerabilities, implement robust security protocols, and respond swiftly to potential breaches.
Qualifications
- Bachelor’s degree in information technology, information assurance, or cybersecurity or related field; master’s degree in cybersecurity or information systems preferred.
- Preferred 5+ years of experience in the information security field.
Skills
- Knowledge of Security Across Various Platforms
- Problem-solving skills
- Communication
- Technical Aptitude
- An understanding of hacking
Product Manager
Average Salary: $97,828 per year
Fintech products and services often involve a blend of financial expertise and technological innovation. Product managers bridge the gap between these domains by overseeing the development, launch, and enhancement of fintech offerings.
They collaborate with various fields to create product strategy, rank features, and ensure the finished product complies with market trends and consumer demands.
Qualifications
- Five to seven years of experience in product management, business, or technology.
- A bachelor’s degree in business, management, or a closely connected field
Skills
- Coding
- Analysis
- Research
- Leadership
Data Scientist/Analyst
Average Salary: 130,000$
The abundance of financial data generated daily is a goldmine waiting to be explored. Data scientists and analysts play a crucial role in Fintech by harnessing this data to gain insights, detect patterns, and make informed business decisions. From credit risk assessment to fraud detection and personalized financial recommendations, these experts enable fintech companies to provide tailored solutions that enhance user experiences and optimize operations.
Qualifications
- Bachelor’s degree in Data Science, economics/finance, and management information systems (MIS).
- Three to five years of experience as a data analyst.
Skills
- SQL
- Statistical programming
- Machine learning
- Data management
- Econometrics
Blockchain Developer
Average Salary: $129,179 per year
Blockchain is a decentralized database that stores records of increasing blocks or organized data entries. Cryptography is used to join these blocks. Each block includes the timestamp, a cryptographic hash of the previous block, and transaction information.
Blockchain developers often fall into one of two categories: application developers or core developers. While app developers (software developers) build apps that interact with blockchain platforms, core developers design and maintain the architecture of blockchain systems, implement system protocols, manage the network, and define security patterns.
Qualifications
- Bachelor’s degree in computer science, software engineering, information technology, or a related field
Skills
- Problem-solving and analysis
- Communication
- Teamwork
- Programming languages like Java or Python
- Networking concepts
- Experience with web application development networks
- Distributed Ledger Technology (DLT) expertise
Final thoughts
The rapid growth and innovation of the fintech industry have unlocked many exciting career opportunities. Whether you’re a software developer crafting the next-generation mobile banking app, a data scientist unravelling financial insights, a cybersecurity specialist safeguarding sensitive information, a product manager orchestrating the launch of a game-changing product, or a digital marketer driving user engagement, Fintech offers a diverse array of roles at the forefront of technological advancement.
Which fintech companies are hiring?
Most fintech jobs don’t require living in major cities like Los Angeles, New York, Boston, or London to get a career job in Fintech. Most Fintech jobs are remote and also on-site. And the most beautiful thing is that they are increasingly demanding jobs like blockchain development, which is expanding for full-time and part-time work.
It would help if you were on your way to becoming that world-class fintech professional. Get those skills set and kick start your fintech career.
Article sources:
https://www.cyberdegrees.org/jobs/security-specialist
https://online.champlain.edu/blog/top-cybersecurity-skills-in-high-demand
https://www.coursera.org/articles/what-degree-do-i-need-to-become-a-data-analyst
https://www.coursera.org/articles/in-demand-data-analyst-skills-to-get-hired
https://www.ziprecruiter.com/Salaries/Blockchain-Developer-Salary
https://www.glassdoor.com/Salaries/insurance-product-manager-salary
