Developing the skills for FinTech growth

As banks and fintechs continue to morph into one another, the view of what a traditional ‘job in the bank’ means has changed

People used to think a job in the bank meant being a teller but increasingly you have really diverse and interesting careers within the sector.

The fintech sector is critically reliant on a supply of highly skilled people who combine financial services knowledge with technical expertise. While the tech sector has been laying off some of its people, fintech companies still experience a shortage of highly skilled talent.

Part of the talent challenge they face is the sheer breadth of fintech applications. “If you think of the type of organisations trying to enter into the financial services market as fintech companies, it includes all of the payment services, the peer-to-peer lenders, the digital wealth advisers and the trading platforms,” says Mark Jordan, chief strategy officer at Skillnet.