Updated On: 11 January 2025
Top 10 FinTech Jobs | Highest Paid Careers in FinTech
Financial services firms make use of technology to complete transactions, store data, and relate to their customers. Fintech jobs create and refine such systems. Analysts, in some roles, use data to evaluate product performance and improve profitability.
You need to have a whole set of technical skills to work in this fast-growing industry and possess significant knowledge of the financial products. Apart from that, they will have to prove their mettle in soft skills to work with teams across the company and develop an understanding of evolving technology around changing regulations. They should also be adaptable and improvisational.
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There are educational qualification requirements to be met for each job, with software development experience giving a competitive edge. Employers also consider the candidate's experience in the profession, including internships. In some instances, the institution may require that applicants be trained or have the requisite experience in the finance sector, but usually, they can start with an entry-level position in finance and work their way up into more advanced positions.
In this article, we are going to look a bit deeper into what it would take to fill one of the manifestations of today's top 10 FinTech jobs. Read on to find out which jobs fit your skill set and level of experience. You may just discover the right job for yourself.
List of Top 10 FinTech jobs
1. Insurance Product Manager
Average salary: $97,828 per year
Product manager, one of the most rewarded FinTech jobs, takes up the charge of strategy and vision for insurance products and is accountable throughout the life- cycle of the product - beginning conception to launch. They manage the singular vision of the insurance product development keeping in mind customer- experience, determine pricing, forecast, and analyse future needs about external competition. By bordering the strategic role of any organization, they bring a tactical dimension to the organization to achieve business goals associable with product and maximize return on investment (ROI).
Qualifications :
- Bachelor's Degree in Business, Management or Related Field
- 5-7 years working in product management, business, or technology
Skills Required:
- Leadership
- Research and Analysis
- Coding
2. Accounting Manager
Average salary: $119,682 per year
An accounting manager, one of the highest paid FinTech jobs, organizes and manages all functions relating to the organization's accounting. They are in charge of all financial functions from developing and implementing accounting policies and procedures to analysing financial data and preparing statements. This employment role will perhaps include interacting with all departments and senior management, overseeing a team of accountants, ensuring compliance with regulations, and decision-making support.
Qualifications:
- Bachelor's qualification regarding accounting, finance, or some other equivalent field
- Apart from the certification of public accountant (CPA) credentials, some roles demand such.
- Five years of accounting or auditor experience in practice
Skills Required:
- Detail-orientated
- Time management
- Leadership
- Comprehension of GAAP and IFRS standards
- Expertise in government financial data and the accompanying taxation rules
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3. Blockchain Developer
Average salary: $129,179 per year
A blockchain is a digital ledger that is spread across numerous locations and institutions. These records or blocks link together in such a manner that it cannot be changed, thereby making it permanent. Blockchain technology has now been taken from the boundaries of cryptocurrency start-ups, grudgingly among other legal financial institutions.
Two types of blockchain developers are primarily considered- core developers and application developers. The architecture of blockchain systems is designed and maintained by core developers, who create system protocols, supervise the network, and develop its security patterns. Applications developers (software developers) create software applications to run on blockchain platforms.
Qualifications:
- Bachelor's degree in computer science, software engineering, information technology, or closely related field
Skills Required:
- Analytical and Problem Solving
- Communication
- Teamwork
- Programming languages such as Java or Python
- Networking concepts
- Experience with web application development networks
- Knowledge in DLT
4. Quantitative Analyst
Average salary: $133,352 per year
A quantitative analyst, one of the most in demand FinTech jobs around the world, employs information to facilitate business development within organizations. They identify lucrative investments and curtail risk. Such a role involves carrying out financial analysis for an investment bank, stock brokerage, or wealth management firm. Some quantitative analysts create algorithms that trigger action for electronic trading as an instruction to buy or sell stocks.
Qualifications:
- Master's degree in economics, finance, statistics, or math
Skills Required:
- Computer programming
- Analysis
- Mathematics
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5. DevOps Engineer
Average salary: $119,350 per year
DevOps development, and operations are terms that correspond to engineers and IT personnel ensuring the efficiency of a business's operations system. They work with teams in developing and operating software for updates and troubleshooting purposes to provide the best user experience possible. New graduates can take a beginning job, such as software developer, engineer, or computer programmer, and gain experience on their own to prepare them for this opportunity. It will also look great on your resume when you want to apply for a DevOps engineer position, don’t think twice if you genuinely want to see a successful career in FinTech.
Qualifications:
- B. Tech./B.E./M.C.A. in computer science, information technology, computer engineering, or information systems
Skills Required:
- Critical thinking
- Active listening
- Collaborating
- Leading
- Communicating
6. Software Developer
Average salary: $88,385 per year
One of the most traditional, yet most in demand jobs in FinTech is Software Developer. Software development includes building code for software applications, which are transformed into applications that we use on smart devices and computers. They also test and monitor these applications and may design improvements. Software developers may also write an operating system such as Windows or macOS, which is responsible for carrying out another hardware and software.
Tasks would involve back-end developments (concerning servers and databases) and front-end developments (like creating user interfaces or working on websites). Software developers also require some technical skills as well as those related to creative thinking, especially if the app made will be both lovely and easy to use.
Qualifications:
- Bachelor's degree in computer science or computer engineering or certification in coding programs
- Three to five years of experience creating and implementing software projects.
Skills Required:
- Attention to detail
- Ability to multitask
- Creativity
- Collaboration
- Communication
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7. User Experience (UX) Designer
Average salary: $95,548 per year
Besides acquiring knowledge of customer behaviour, UX designers should enable technology to be easy and enjoyable for the customer. They may also have to keep financial services and regulations in mind in their jobs so that they can design user interfaces for activities such as online banking, cryptocurrency trading, and insurance applications.
Qualifications:
- Associate degree in web or graphic design,
- bachelor’s degree in technology discipline, or
- completion of a UX boot camp
Skills Required:
- Knowledge of financial products and regulations
- Understanding of user-oriented design/UX or UI design principles
- Creative problem-solving
- Design software, such as Adobe Creative Suite or Adobe XD
- Creating wireframes.
8. Sales Representative
Average salary: $94,184 per year
Fintech sales representatives are mandated to market financial technologies to either individuals or corporations. A few of the FinTech products that they will sell might be mobile banking apps through which you can take a picture of your check and deposit it, or software that allows you to pay for things by using your phone. This position, for example, includes the sale of software as a service (SaaS) tools such as Microsoft Office.
Sales reps connect to clients online or in person, making strong communication skills important. They also seek out new sales leads, schedule meetings, and give presentations about company products. Strong interpersonal skills help sales reps maintain positive relationships with current and potential customers, and an entrepreneurial mind-set will help them independently drive sales.
Qualifications:
- A bachelor's degree in finance, business, or economics is preferred
Skills Required:
- Entrepreneurial mind
- Inter-personal
- Selling
- Communication
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9. Finance Manager
Average salary: $128,324 per year
One of the most rewarded FinTech jobs include Finance Manager. The finance manager makes sure that the company remains in good health by managing the financial departments of the company. The finance manager keeps a check on the different financial reporting and checks compliance to the relevant laws governing finance. The management status is not an entry-level one. New graduates can work their way up to such a position from lower-level jobs for finance majors, such as accountant, securities sales agent, or loan officer.
Qualifications:
- Bachelor's in Accounting, Finance, or related field
- Five years or more experience in a financial position, such as an accountant or financial analyst
Skills Required:
- Attention to detail
- Knowledge of financial strategy
- Interpersonal skills
10. Information Security Analyst
Average salary: $88,390 per year
An information security analyst works to protect an organization against computer networks and their relevant data. Such work also includes security risk assessment, installation of controls to ensure security, and updates of the virus protection system.
Employment of information security analysts is projected to increase by 35 percent from 2021 to 2031, according to the Bureau of Labour Statistics. This will be faster than average, meaning that the job demand for this profession will not decrease anytime soon.
Typically, such a position requires a bachelor’s degree, although sometimes a person with an associate degree may qualify. In addition, to better chances, you might consider standardized qualification such as a Certified Information Systems Security Professional- CISSP, Certified Information Systems Auditor-CISA, or Certified Information Security Manager-CISM may give you an edge.
Qualifications:
- A degree in Computer science, information system, or Information technology or any related field.
Skills Required:
- Teamwork
- Communication
- Analysis
- Problem Solving
- Risk Assessment
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Conclusion
Reach out to SIEC for Application inquiries and assistance.
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