Financial Technology

Financial Technology

Selby Jennings: Your Leading recruiter for Financial Technology in Singapore

Selby Jennings is a leading specialist talent partner for financial sciences & services. Our global Financial Technology team provides permanent, contract, and multi-hire FinTech recruitment from our office in Singapore.

For more than 15 years, clients and candidates have had peace of mind that their Financial Technology recruitment process is in safe hands. As the high use of mobile devices and technology-based applications increases demand for financial and banking solutions, now is the best time to team up with an experienced talent partner.

From streamlining processes and upskilling workforces to staying cutting edge by employing flexible work models, we advise enterprise leaders on when to strike and how. We also provide expert insight to Fintech professionals on benchmarking salaries in Singapore and assist them through their career moves.

If youโ€™re interested in securing the very best Financial Technology talent in Singapore or youโ€™re a professional looking for Fintech jobs, the Selby Jennings Financial Technology team connects exceptional talent to industry-leading clients.

If you are a candidate, please Register your CV and get discovered for all relevant roles.โ€‹

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โ€‹โ€‹If you are a client looking to source the best talent in Singapore, please Register Your Vacancy or Request a Call back.


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Benefits of working with Selby Jennings

We are a specialist talent/recruitment partner. Among the many benefits of working with Selby Jennings Financial Technology team located in Singapore:

Experience

We have nearly 20 years of experience as a leading recruiter in financial sciences & services.

โ€‹Network

A vast, global network of the best, in-demand professionals, working with the worldโ€™s largest financial institutions to innovative fintech start-ups and beyond.โ€‹

โ€‹Knowledge

Our award-winning talent specialists offer bespoke, tailored guidance on the latest hiring trends and industry news to help you achieve your goals.

At Selby Jennings, we believe in fostering long-term partnerships based on trust, integrity, and mutual success. We strive to provide personalized solutions tailored to your specific requirements, offering flexible options to accommodate your Financial Technology hiring preferences. Whether you need to fill critical positions quickly or are seeking strategic talent acquisition solutions, we have the resources and expertise to deliver results. Submit your vacancy to us today.

Take the first step towards overcoming your talent shortage today by completing the form. Our team looks forward to speaking with you to explore how we can partner with your organization to meet your Financial Technology recruitment needs in Singapore efficiently and effectively.

Financial Technology Jobs

Lead Software Engineer

We are seeking a highly skilled and experienced Lead Software Engineer with a strong background in C programming, Linux, and trading systems to join our team. The successful candidate will be responsible for designing, developing, and maintaining software systems for a high-performance trading platform, as well as leading a team of software engineers to ensure project success. Key Responsibilities: Design, develop, and maintain software systems for a high-performance trading platform using C programming and Linux Lead a team of software engineers and ensure project success Collaborate with cross-functional teams to identify and prioritize software needs Provide technical guidance and mentorship to junior engineers Keep up-to-date with the latest developments in trading systems and apply them to projects Ensure software quality through code reviews, testing, and debugging Monitor and troubleshoot trading system performance in real-time Ensure compliance with regulatory requirements Qualifications: Bachelor's or Master's degree in Computer Science or related field Strong experience in C programming and Linux Experience in the financial industry, specifically with trading systems Experience leading software development teams Strong problem-solving skills and ability to think creatively Excellent written and verbal communication skills Experience with Agile development methodologies is a plus This role offers competitive salary, benefits, and opportunities for professional growth. If you are a skilled and experienced software engineer with a background in trading systems, we encourage you to apply.

Negotiable
Boston
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Engineering Manager

Position Overview: We are looking for a highly skilled Engineering Manager with expertise in C programming and a strong background in high-performance computing. The successful candidate will be responsible for leading a team of engineers in designing, developing, and optimizing software solutions that leverage HPC techniques to achieve superior performance and scalability. The role requires both technical proficiency and strong leadership skills to drive innovation, mentor team members, and deliver successful projects. Responsibilities: Technical Leadership: Provide technical leadership and guidance to a team of engineers specializing in C programming and HPC. Lead the design and architecture of software solutions, ensuring they are optimized for high performance and scalability. Stay updated on the latest advancements in HPC technologies and industry best practices, and incorporate them into the team's work. Team Management: Manage a team of engineers, including recruitment, onboarding, performance evaluation, and career development. Foster a collaborative and inclusive team culture that encourages creativity, innovation, and continuous learning. Set clear goals and objectives for the team, and provide mentorship and support to help team members achieve them. Project Management: Oversee the planning, execution, and delivery of software projects, ensuring they are completed on time, within budget, and to the highest quality standards. Collaborate with product management and other stakeholders to define project requirements, priorities, and timelines. Identify and mitigate risks and dependencies, and communicate project status and updates to stakeholders regularly. Technical Expertise: Utilize expertise in C programming and HPC technologies to solve complex technical challenges and drive technical innovation. Provide guidance and support to the team in areas such as algorithm design, performance optimization, and parallel programming. Conduct code reviews, ensure adherence to coding standards and best practices, and promote a culture of technical excellence. Cross-Functional Collaboration: Collaborate with other teams, including software development, hardware engineering, and research, to integrate HPC solutions into broader product offerings. Work closely with customers and partners to understand their needs and requirements, and incorporate feedback into the development process. Communicate effectively with stakeholders to ensure alignment on project goals, priorities, and deliverables.

Negotiable
Massachusetts
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Verification Engineer

Position Overview: We are looking for a highly skilled FPGA Verification Engineer who will be responsible for verifying the functionality and performance of our FPGA designs. The ideal candidate will have a strong background in digital design, verification methodologies, and FPGA development. Key Responsibilities: Develop and execute comprehensive verification plans for FPGA designs to ensure functionality, performance, and compliance with specifications. Design and implement verification test benches using industry-standard tools and methodologies such as UVM, SystemVerilog, and VHDL. Develop reusable verification components and test cases to improve verification efficiency and coverage. Collaborate closely with the design team to understand design requirements and identify potential issues early in the development cycle. Debug and resolve verification failures, and work closely with the design team to implement necessary fixes. Perform functional simulations, timing simulations, and gate-level simulations to validate FPGA designs. Analyze and optimize verification methodologies to improve efficiency and reduce verification time. Stay current with the latest developments in FPGA technology, verification methodologies, and industry trends. Qualifications: Bachelor's degree in Electrical Engineering, Computer Engineering, or a related field. Master's degree preferred. Solid understanding of digital design fundamentals and FPGA architecture. Proficiency in verification methodologies such as UVM, SystemVerilog, and VHDL. Experience with FPGA development tools such as Vivado, Quartus, or Libero. Strong programming skills in languages such as Verilog, SystemVerilog, and C/C++. Experience with scripting languages such as Python, Tcl, or Perl for automation tasks. Excellent problem-solving and debugging skills. Strong communication and teamwork skills, with the ability to collaborate effectively with cross-functional teams.

Negotiable
Massachusetts
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Expert Regulatory Specialist - Information Technology (M/F/D)

My client is looking for a Expert Regulatory Specialist - Information Technology (M/F/D), to join them to be a vital link with the Audit team. Your Role: Serve as the primary point of contact for regulatory inquiries within your Key Area. Represent your Key Area in internal and external audits, penetration tests, and assessments, managing information flow and communication. Monitor Key Area findings and collaborate with colleagues to ensure timely and accurate task completion. Work closely with standard setters to integrate Key Area requirements into the group's Standard Framework of Operation (SfO). Foster a culture of security awareness among Key Area employees. Provide support in related areas such as Business Impact Analysis (BIA), Business Continuity Management (BCM), emergency testing, Internal Control System (IKS), Security Assessment Methodology (SecAM), and Operational Risk (OpRisk) as required. Contribute to both central and decentralized projects as necessary. Offer insights and suggestions for optimizing systems and processes. Facilitate networking beyond Key Area and ensuring regular information exchange. Your Profile: Comfortable navigating digital environments, taking pride in being the initial point of contact for your responsibilities, and excelling in independent work and direct communication. Exceptional communicator. Hold a Bachelor's degree in Business Informatics or equivalent qualification. Possess a deep understanding of regulatory requirements (DORA, MaRISK, BAIT). Knowledgeable about the 3 Lines of Defense (3LoD) concept with standard setters and global functional leads. Experience within Cyber Security. Fluent in German and English. Demonstrated strengths in initiative, flexibility, and resilience. Effective, decisive, and forward-thinking communication style. Ability to deliver high-quality results with precision. If you are interested in this role please reach out to me, Louise Bagge.

Negotiable
Hamburg
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Information Security Auditor (m/f/d)

My client is a traditional German Bank with offices in Munich and Hamburg and they are looking for a Information Security Auditor to join their team in either office. If you are interested please see below; Your Role: Conducting security analyses, defining requirements, and providing internal guidance across departments and divisions on information security matters in projects, IT projects, and changes in the IT landscape. Performing security assessments, gap analyses, and audits. Developing and reviewing security requirements. Assisting in establishing/evaluating sets of target measures for outsourcing and third-party ICT service providers. Reviewing contracts to ensure sufficient consideration of information security concerns. Enhancing our existing information security management system (ISMS) based on ISO27001. Supporting organizational units with methodologies such as identifying protection needs, comparing targets to actual performance, and conducting risk assessments and treatments. Monitoring the implementation of regulations as a second line of defense in a collaborative and practical approach with affected organizational units. Collaborating closely with auditors, IT service providers, and other second and third line units within the bank. Developing knowledge about regulatory changes, such as DORA and NIS2. Your Profile: Professional background in auditing and implementing/targeting measures evaluation. Fundamental understanding of Information Security standards, such as ISMS, ISO 27001/27002, or BSI-Grundschutz. Fluent in German and English. Extensive expertise in IT security, encompassing network technology, operating systems, application security/web technologies, and cloud concepts, including associated risks. Profound comprehension of intricate technical interrelationships. Capacity to work autonomously and eagerness to delve into new subjects. Analytical prowess, negotiation aptitude, and assertive demeanor. Methodical approach to tasks and innovative problem-solving skills. Effective communicator and analytical team player who actively cultivates and expands professional networks. High adaptability and proactive approach. If you are interested in this role please reach out to me Louise Bagge,

Negotiable
Mรผnchendorf
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Portfolio Manager

Overview: I am working with one of the largest cryptocurrency funds in the world seeking a skilled Quantitative Portfolio Manager with expertise in market making within the cryptocurrency space. As a Portfolio Manager focused on cryptocurrency market making, you will be responsible for designing and executing trading strategies across digital assets. This role demands a deep understanding of cryptocurrency markets and exceptional quantitative skills. Responsibilities: Develop Trading Strategy: Develop and refine algorithmic trading strategies tailored to cryptocurrencies markets. Execution Management: Execute trading strategies across multiple cryptocurrency exchanges, ensuring timely and efficient execution. Quantitative Research: Actively research new trading opportunities with in cryptocurrency markets. Requirements: At least 3 years of experience trading in cryptocurrency markets. Built out strategies or the ability to build strategies across crytpo markets. At least a Masters preferred, but not required.

US$150000 - US$250000 per year + +bonus or PnL split (on target $400k+)
New York
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Vice President - Investor Relations

We are currently working with a real assets firm with over $2.5bn AUM. They are looking to add a Vice President to lead their Investor Relations team in Dallas or New York. Responsibilities: Create presentations, pitch decks, RFPs and DDQs Attend meetings and calls with existing clients Serve as the primary point of contact for any investor inquiries and requests Manage a team of 5 and act as a player coach Qualifications Bachelor's degree from an accredited university (MBA/CFA/Masters preferred) 10-15 years of experience in Investor Relations and Marketing Real assets experience preferred

Negotiable
New York
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Director, Marketing

We are seeking an experienced Marketing Director with a proven track record in the fintech industry, preferably targeting SMBs and with a knowledge of the lending space. As the Director of Marketing Strategy, you will play a pivotal role in driving revenue growth for a newly introduced automated lending product. This product targets the rapidly expanding Small-Medium Business (SMB) marketplace and emphasizes seamless online experiences, real-time decisioning, and customer success. Your responsibilities will include optimizing loan volume, credit line utilization, product engagement, and overall customer lifetime value. Responsibilities: Strategic Leadership: Develop and execute marketing strategies to drive revenue growth for our automated lending product targeting the SMB marketplace. Customer Optimization: Optimize loan volume, credit line utilization, and product engagement to enhance customer lifetime value. Data-Driven Insights: Leverage data analytics to inform marketing decisions and identify opportunities for improvement. Market Research: Stay informed about industry trends, competitor activities, and customer preferences. Team Management: Lead and mentor a team of marketing professionals. Qualifications: Experience: Proven track record as a Marketing Director in the SMB lending industry. Industry Knowledge: Familiarity with fintech, lending products, and digital marketing. Strategic Thinker: Ability to develop and execute innovative marketing strategies. Analytical Skills: Comfortable using data to drive decision-making. Leadership: Strong leadership and team management skills. Location: New York, NY

US$130000 - US$190000 per year
New York
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Sales Director

A start-up fintech software platform is looking to add a Sales Director to lead their team of Account Executives and BDRs. Ideal candidate has 4 + years of sales experience into financial services and at least 2 years of sales management. Please apply if you have a strong background of SaaS sales into financial services. Responsibilities: Lead by example: Motivate your team to achieve monthly and annual sales goals. Maintain and grow your high-performing team: Provide regular coaching, structured training, and daily feedback to focus each team member on overcoming roadblocks to outperformance. Create and manage territories for your team: Evolve targets as the Ideal Customer Profile expands. Contribute heavily to overall sales strategy: Work with other leaders to anticipate and plan for the needs of the team and the business. Become a voice of customer for your segment: Develop senior decision-maker relationships across the territory. Collaborate with customer success, marketing, and product management teams: Provide input to our company's development. Qualifications: Know our market segments: Have a track record of individual success selling into investment banking, private equity, venture, and alternative investment spaces. Successfully led a team of AE's and BDR's: Achieve consistent results in a high-growth environment. Understand SaaS and rapid sales cycles: Leverage a GTM approach. Have 4+ years of sales experience: Including 2 years in sales management. Believe in our product: Excited about joining an early-stage, rapidly expanding company. Trust your ability to succeed: Motivated by substantial rewards for outperformance. Create accountability in a structured, high-velocity sales environment: Be process-oriented. Be thoughtful, responsive, and selfless: Celebrate wins and maintain an optimistic attitude. Be local to NYC: Comfortable with the flexible hybrid in-office environment (Mondays, Tuesdays, Thursdays in-office days).

US$180000 - US$225000 per year
New York
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Senior Software Engineer

Selby Jennings is working with a leading hedge fund in New York City. They are worldwide leader in finance that uses next-generation technology and alpha- driven strategies to transform the global economy. They tackle some of the toughest problems in the industry by pushing themselves to be the best. They offer demanding work for the brightest minds, and wouldn't have it any other way. They are looking to bring exception software engineers in their Equities Quantative Research team which provides portfolio construction, risk management, and execution services for their equities business. The Engineering team is responsible for providing consistent, highly scaled services, environments, curated datasets, and libraries, to deliver a robust platform upon which users from several key Citadel businesses can efficiently research, trade, and run analytics. By building analysis tools into a common platform, we empower our colleagues to work more effectively and to easily share their research and collaborate on ideas. In addition to providing shared frameworks, we also help to make research and ideas production-ready and scalable, so they can be applied in their systematic trading environment. Responsibilities: The Research Engineering team is responsible for research systems and productivity across the entire EQR model stack (from data analysis to portfolio construction and trade optimization): Build a unified system that allows EQR's researchers to access and look at data, and to build, fit, and backtest models in a production-ready environment Work directly with the researchers and traders to identify pain points to resolve and new functionality required to support modeling efforts Qualifications: BS or MS in a relevant and highly-technical field (computer science, math, physics, etc.) 4-6 years professional experience (finance industry experience not required), open to candidates coming from big tech or fintech startups! Strong Python development skills required, additional experience with C++ or KDB/Q preferred Strong interest in the research process and understanding business needs Ability to own end to end engineering processes Previous experience building things from 0-1, scratch or end to end. Commercial mindset and understanding of how your work impacts the business.

US$500000 - US$800000 per year
New York
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Lead Python Developer

Responsibilities Establish and enforce Python best practices in the firm, defining the strategic direction for Python development Work cross-functionally to translate business requirements into robust, scalable technical solutions Providing technical leadership and mentoring to the development team, conducting code reviews and encouraging continuous improvement Demonstrate your technical expertise and innovative thinking by solving problems and coding Qualifications 10+ years of professional Python Experience Experience in the Financial industry Experience designing and developing distributed systems M.S in Computer Science or a related field

US$150000 - US$250000 per year
Boca Raton
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C++/ Java Software Engineer

Requirements: Bachelor's or Master's degree in Computer Science, Software Engineering, or a related field from a Top-25 CS program Proven experience as a Front-Office developer working on electronic trading platforms with specific exposure to SOR, DMA, Dark Pool Liquidity, and algorithmic execution. Proficiency in a wide range of web development technologies and languages, including JavaScript, React, Node.js, and Python in addition to professional experience in C++ OR JAVA Experience working at a reputable HFT/Proprietary Trading firm Responsibilities: Platform Development: Collaborate with the development team to conceive, develop, and enhance our specialized AI-driven research platform. Front-End Development: Construct and maintain user-friendly, responsive web interfaces, dashboards, and data visualization tools for quantitative analysts and traders. Back-End Development: Build robust, scalable, and high-performance server-side components supporting the trading platform's execution, data processing, and analytics. AI Integration: Contribute to the integration of AI and machine learning algorithms into the platform, providing data-driven insights and predictive analytics. Data Management: Implement solutions for efficient data storage, retrieval, and management to handle substantial volumes of financial data. Collaboration: Work closely with quantitative analysts, traders, and data engineers to understand their requirements and translate them into technical solutions.

US$200000 - US$650000 per annum + + bonus
New York
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Financial Technology News & Insight

Best Cities for Fintech Jobs: Global Hubs Driving Financial Innovation Image
financial-technology

Best Cities for Fintech Jobs: Global Hubs Driving Financial Innovation

Fintech is transforming the world of finance, and some cities are at the forefront of this revolution. These are the places where you can discover the most cutting-edge and impactful fintech solutions, careers, and opportunities. Whether you are looking for a new challenge, a smart investment, or a learning experience, these are the cities you need to explore. What makes these cities so special? What are the trends and challenges they face? How can you get involved in their fintech ecosystems? Find out the answers to these questions and more as you read on to discover the top 6 fintech hubs in the world, according to your financial technology talent partner.San Franciscoโ€‹San Francisco, especially Silicon Valley, is the undisputed fintech capital of the world. It is the birthplace of many groundbreaking fintech innovations, such as PayPal, Stripe, and Coinbase. It has the highest fintech funding and some of the best fintech talent in the world. San Francisco is also the hub of the tech industry, where fintech startups can collaborate with giants like Google, Facebook, and Apple. It has a culture of entrepreneurship, creativity, and risk-taking, as well as a network of mentors, investors, and partners. San Francisco is the ultimate destination for anyone who wants to pursue a fintech career.LondonLondon is one of the leading fintech hubs in the world, with a unique combination of advantages. London has a strong financial heritage, being the home of many established banks, insurers, and asset managers. London has a supportive regulatory framework, with initiatives such as the FCAโ€™s sandbox and open banking, that enable fintech companies to test and launch their products in a safe and competitive environment. London also has a rich and diverse talent pool, with access to skilled professionals, entrepreneurs, and investors from all over the world. London is the place to be if you want to be part of a highly competitive and well-funded fintech environment. New YorkNew York is a top fintech hub, with a legacy of being a global financial center. It has over 1500 fintech companies, from startups to unicorns, in various segments of the financial industry. It also has a large and active fintech community, with events, accelerators, and investors. A growing trend in New York is the rise of fintech platforms that enable other fintech's to scale and offer their services more efficiently and securely. These platforms provide APIs and infrastructure for identity verification, data aggregation, and payment processing. They are creating a more interconnected and seamless fintech ecosystem in New York.SingaporeSingapore is a top fintech hub, with a unique position as a gateway to Southeast Asia. It has a mature and sophisticated financial sector, with over 100 banks and 200 insurers. It also has a supportive and progressive regulatory environment, with initiatives such as the Monetary Authority of Singaporeโ€™sโ€™ sandbox, grants, and digital banking licenses. Singapore is a leader in fintech sectors such as payments, robo-advisory, and blockchain, and also hosts the worldโ€™s largest fintech event, the Singapore Fintech Festival, solidifying Singapore as the place to tap into the fintech opportunities.Sรฃo PauloSรฃo Paulo is a prominent fintech hub in Latin America, with a thriving and diverse ecosystem of fintech companies, investors, and regulators. It is one of the largest fintech ecosystem in the world. It has overย 500 fintech companies, offering innovative solutions in payments, lending, insurance, wealth management, and crypto. It also has a supportive and collaborative regulatory environment and a rich talent pool of fintech professionals, with access to education, training, and networking opportunities. Sรฃo Paulo is the place to be if you want to excel in the fintech industry.DubaiDubai is a fast-growing fintech hub, with a strategic location, a visionary leadership, and a supportive ecosystem. It has over 200 fintech companies, operating in various segments of the financial industry. It also has a conducive and collaborative regulatory environment. Dubai also has aย competitive and attractive tax system, with no corporate or personal income tax, no withholding tax, no capital gains tax, and no VAT on most financial services. Dubai is the place to be if you want to benefit from opportunities in the Middle East.Are you ready to take your fintech career to the next level?Whether you are interested in payments, lending, insurance, wealth management, or crypto, you will find a company that suits your skills and passions. Donโ€™t miss this chance to explore fintech opportunities in these amazing cities. Visit ourย job search pageย and find your dream role today. Or, youย can upload your CVย and we will contact you as soon as we have a role that matches your qualifications and experience.

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Singapore's Rise as Asia's Fintech Hub: A Deep Dive into Fintech Investment, Crypto, and Beyond Image
industry insights

Singapore's Rise as Asia's Fintech Hub: A Deep Dive into Fintech Investment, Crypto, and Beyond

Singapore has emerged as a prominent player in the global fintech landscape, solidifying its position as Asia's fintech hub. The city-state's success in this sector can be attributed to various factors, ranging from regulatory support to robust infrastructure. In this article, we explore why Singapore is an ideal destination for fintech, its current ranking in the fintech space, and cover key areas such as crypto, blockchain, wealthtech, and the role of fintech recruitment solutions. Why Singapore is Good for FintechSingapore's strategic location, coupled with its well-established financial ecosystem, makes it a conducive environment for fintech innovation. Geographically, its location in the heart of Southeast Asia positions it as a gateway to one of the world's fastest-growing economic regions. The city-state has also embraced technological advancements and created a regulatory framework that fosters financial development while ensuring stability. The Monetary Authority of Singapore (MAS) has been at the forefront, implementing policies that encourage experimentation and collaboration within the fintech industry. Additionally, Singapore's commitment to becoming a Smart Nation has played a pivotal role. The government's initiatives in digitalization, coupled with a tech-savvy population, provide a fertile ground for fintech companies to thrive. The nation's strong legal system and political stability further contribute to creating a secure and reliable environment for financial technology to flourish. Singapore as Asiaโ€™s Fintech Hub Singapore has rightfully earned its reputation as one of Asia's leading fintech hubs. It's government's proactive approach in facilitating fintech investment has attracted a myriad of international companies looking to establish a presence in Asia, such as OKX, Blockchain.com, Airwallex and Wise.Singapore's Ranking in FintechSingapore consistently ranks high in various global fintech indices. According to 2023 Tech Cities Index published by Savills World Research, Singapore has solidified its status as the premier fintech hub in Asia, claiming the fourth spot globally. Singapore fintechs attracted the highest level of venture capital investment from 2019 to 2022, at US$34b, and also hosts the worldโ€™s largest fintech festival.Its proactive regulatory environment, coupled with a strong commitment to innovation, has propelled it to the forefront of the global fintech scene. Theย World Economic Forumย and other reputable institutions frequently acknowledge Singapore's leadership in fintech, highlighting the nation's resilience and adaptability in a rapidly evolving industry.Market Share of Fintech in SingaporeWith increasing investment in Fintech solutions, the sector has witnessed significant expansion across various segments, including payments, lending, and wealth management. The growing adoption of Fintech services among consumers and businesses further solidifies Singapore's position as a fintech powerhouse in the region. New data from the RFI Global demonstrates that the adoption of digital banking has been faster and stronger in Singapore than other Asian countries, as local consumers have shown a greater usage level and eagerness to embrace these new fintech solutions. Exploring Key Fintech Segments: Crypto, Blockchain, and WealthTechSingapore's influence in Fintech extends beyond traditional financial services. The city-state has become a focal point for developments in cryptocurrency and blockchain technology. The government's open-minded approach to these innovations, supported by clear regulatory guidelines, has attracted numerous crypto and blockchain companies, such as Labrys, App Maisters Inc and /slash, to set up operations in Singapore. Wealthtech, another burgeoning segment, is experiencing rapid growth in Singapore. By 2027, APACโ€™s wealthtech industry is predicted to grow by approximately 25-30% per year, according to McKinseyโ€™s wealthtech report. This would result in a USD 2.05-2.25 trillion valuation by 2027, up from a USD 600-700 billion valuation in 2022.Singapore's financial institutions and fintech startups are actively exploring wealthtech opportunities, contributing to the overall diversification of the fintech landscape. The Role of Fintech Talent SolutionsIn the dynamic world of fintech, attracting and retaining top talent is crucial for sustained success. Fintech talent partners such as Selby Jennings play a pivotal role in connecting organizations with skilled professionals considering new career opportunities in the industry. Singapore's vibrant fintech ecosystem means that many top fintech and financial sciences & services professionals have relocated or are considering Singapore to base themselves. However the increase in demand means competition for the best talent is tight, which could threaten the sector's ability and shape the future of finance. The right talent partner can guide companies on how to best attract and retain professionals required to take their firm to the next level. In conclusion, as the Fintech landscape continues to evolve, Singapore remains at the forefront, shaping the future of finance through investments, technological advancements, and a business environment that fosters collaboration and growth. If you are looking to hire the best Fintech talent in Singapore, we are keen to share our insights with you.Request a call backโ€‹

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APAC Financial Technology Salary Guide Image
financial-technology

APAC Financial Technology Salary Guide

Compensation guidance to support your hiring strategy or next career moveAre you curious about your earning potential in the thriving world of Financial Technology? Are you a hiring manager seeking to attract top talent in Singapore's competitive market? Look no further than the Selby Jenningsโ€™ APAC Financial Technology Salary Guide, your definitive resource for understanding salaries and compensation trends in the dynamic Financial Technology sector.Why This Guide MattersIn an era where technology is reshaping the financial landscape, the demand for skilled professionals in Financial Technology is at an all-time high. Whether you're an experienced job seeker or a strategic hiring manager, having access to accurate salary data is paramount. Key Features of the Salary GuideComprehensive Data: Backed by our experienced specialist talent partner and meticulous data collection, our guide presents a comprehensive overview of salary ranges across various roles and experience levels.โ€‹What You'll Find InsideRole-specific salary ranges: Whether you are looking to hire, or are yourself a Software Engineer, Site Reliability Engineer, Data Analyst, or any other Financial Technology professional, discover the compensation guidance you need to help make informed decisions. โ€‹Experience-level breakdown: Explore salary differentials based on experience, from management level to senior leadership positions. โ€‹Sector insights: Discover how salaries compare across various sectors of Financial Technology. โ€‹Get Your Exclusive CopyReady to gain a competitive edge in your Financial Technology career journey or hiring strategy? Secure your exclusive copy of the APAC Financial Technology Salary Guide now. โ€‹FAQsQ: How frequently is the Salary Guide updated?A: The APAC Financial Technology Salary Guide is updated annually to ensure that you have the most current and relevant salary information at your fingertips.Q: Can I use this guide for hiring purposes?A: Yes, indeed! If you're a hiring manager looking to make competitive offers and attract top talent, our Salary Guide is an indispensable resource for crafting effective compensation packages.Q: Is there a salary guide available for other sectors?A: Certainly, please refer to "The Future of Financial Services in APAC".โ€‹

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insurance-and-actuarial

Southeast Asia Salary Guide 2023

โ€‹Stay Ahead in Southeast AsiaDiscover the 2023 Salary Guide for Hiring and Job HuntingDetermine what you should be paying your employees, or how much you could be earning.Stay ahead of the competition with valuable insights into salary trends, bonus structures, and compensation benchmarks across various roles and sectors within the Southeast Asia region. Our comprehensive 2023 Salary Guide is specifically tailored to provide you with the information you need for successful hiring and job hunting in Southeast Asia.Whether you're a professional seeking to understand your remuneration better or an employer looking to attract and retain top talent, our salary guide is your essential resource. With in-depth analysis and up-to-date data, you can make informed decisions that maximize your financial success.Our latest salary guide covers the following sectors:โ€‹Investment BankingInvestment ManagementWealth ManagementQuantitative Analytics, Research & TradingRisk ManagementFinancial TechnologySales & Trading

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Market Report: Financial Technology (Mar 2020) Image
financial-technology

Market Report: Financial Technology (Mar 2020)

Financial technology is leading the market in 2020. โ€‹With the growth of data, digital banking, and insuretech, we see potential for a lot of new teams being built, and new headcount to be added at the mid to senior level throughout our clients. We predict that there will be a demand at the mid to senior level as firms look to stay competitive in their field, and hire with the intent that the person can value-add to them.Emerging Financial Technology & Trends in 2020One of the hottest topics in the disruption of technology is the rise of block-chain and distributed ledger systems (DLTs). Beyond its association with crypto currencies such as Bitcoin and Ethereum, block-chain or distributed ledger technologies has continued to be a key focus of disruptive technology in 2019. We saw the small and mid sized banks make their first few hires in cyber security space as there is an increasing need to have on site cyber security and IT risk talent in Singapore. Monetary Authority of Singapore (MAS) issued new guidelines and rules to enhance and strengthen cyber resilience within the financial institutions made hires in Q4 2019 in view of this upcoming change as companies had 12 months before these requirements come into effect. In-Demand Technology SkillsOne of the first step of hiring the best talent is to identify the skill sets needed for the role. Machine learning, AWS, Git and Python are a few of the other skills which have seen a higher percentage increment in, whereas skills such as Unix and Oracle have a noticeable decrease in demand. This report provides an overview and forecast for the fintech job market in Asia-Pacific. If you need support in securing fintech talent for your team,ย submit a vacancyย and a member of our fintech team will be in touch.

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How Making the Right Fintech Sales Hire Impacts Your Bottom Line Image
financial-technology

How Making the Right Fintech Sales Hire Impacts Your Bottom Line

โ€‹โ€‹With the end of the year rapidly approaching, we are all looking towards 2019 for ways that we can grow and be better in the New Year, and the same goes for Fintech Sales teams looking to grow their headcount.Ensuring you make the right hire for your team can have a significant impact on the bottom line of the business. According to research from Parker & Lynch, the U.S. Department of Labor estimates that the average cost of a bad hire can equal 30 percent of that individualโ€™s annual earnings. For a mid-senior level sales hire, which Selby Jennings primarily focuses on, that means that one bad hire can cost your business upwards of $130,000. With an opportunity cost like that, itโ€™s no wonder that businesses place so much emphasis on vetting, acquiring, and ultimately keeping their top performers.In addition, when it comes to your bottom line, speed is everything. Many of the potential clients we speak to have seats that sit vacantly for stints of 8-12 weeks or more, while they wait for the best candidates in a niche market to apply in to the jobs they post on LinkedIn, or other job boards. Some clients are fortunate enough to have a talented Human Resources department that diligently sources talent for every arm of the business, which can be an effective, albeit painstaking, process as well. But in an economy with the lowest unemployment rate since the Clinton administration, no matter the methods, 8-12 weeks to fill can negatively impact the bottom line.This is where working with a specialist recruitment firm, like Selby Jennings, can add value to your business by leveraging our extensive network to source top candidates, cutting time to hire, and reducing opportunity cost for our clients. On average, it takes us 4-6 weeks to fill a vacancy. When it comes to a revenue producing sales seat, those extra 4-8 weeks can really impact your budget and your wallet. Take your standard mid-level Account Executive, responsible for a $500,000 new business quota per annum. While that seat sits collecting dust, you are actually losing an average of $41,600 per month, which is almost $10,000 per week of production that you and your business are missing out on.Beyond the lost revenue potential, there is also a time cost associated with a longer hiring process. Senior Recruitment Consultant at Selby Jennings, Scott DeAngelis, comments, โ€œHow many times this year did you set aside an hour of your day to interview a candidate, only to find out that they were unqualified for the job? The number is probably higher than weโ€™d like to admit, and the frustration of that lost productivity is something that is difficult to put a price on. Working with specialist recruiters, like those at Selby Jennings, can reduce this time cost by making sure your time is spent interviewing high caliber candidates, who are qualified for the role.โ€If those numbers make you think a bit differently about how you approached your recruitment process this year, it is definitely worth having a conversation with our team about how we can help you streamline your recruitment process, and secure top candidates for your organization. Get in touch with Selby Jennings today to learn more.---------------About UsSelby Jennings is a leading specialist recruitment agency for banking and financial services. For more than 15 years, we have given clients and candidates peace of mind that the recruitment process is in expert hands. Our continual investment in best-in-class technologies and consultant training enables us to recruit with speed, precision and accuracy. Today, Selby Jennings provides contingency and retained search recruitment across 11 offices in 6 countries.ย Contact usย to find out how Selby Jennings can help you.

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Fintech Market Overview: Developments in North America Image
financial-technology

Fintech Market Overview: Developments in North America

โ€‹โ€‹Whatโ€™s happening in fintech? Ian Pollari, Global Co-Leader of Fintech at KMPG International and Partner at KPMG Australia, says: โ€œWe are seeing a continued diversification across many dimensions of fintech โ€“ the growth of different subsectors, the size of organizations participating, the geographic location of fintech companies attracting investment and increasing levels of activity from companies outside of the traditional finance services industry.โ€So how have these trends played in recent figures, and what future developments should we watch out for?Are VC investors getting the jitters?2016 is seeing some major events that could disrupt investor confidence: the forthcoming US presidential election, the UK vote for Brexit, and worries about valuations along with challenging lending conditions. Will this reduce VC investment in fintech?Although global funding issued to VC-backed fintechs reduced significantly in Q2โ€™16 from $1.8bn to $1.3bn, the pace has now picked up again and investment is now on course to exceed 2015 levels. However, VC investors are concerned about the impact of current events. We may see reluctance to commit to investments in coming months, particularly in terms of mega-deals, as investors wait to see what develops.Some subsectors within fintech have seen particular interest, such as InsurTech and blockchain distributed ledger technologies. These were highly popular funding options in Q2โ€™16. Market confidence has been less buoyant in other sectors, partly due to news about problems at LendingClub and announcements of shutdowns, redundancies, and poor performance.What are the main trends in fintech right now?Before we discuss current movements in fintech VC funding, itโ€™s worth pausing to consider the main strands of activity in this sector. The definition of fintech is continuing to evolve, particularly as companies reach out to the underbanked in areas such as Asia.ย There is, of course, lending tech, whether through peer-to-peer platforms or underwriting. Fintechs are deploying machine learning and algorithms to speed up credit checking in this area. Equity crowdfunding is also doing well, as fintechs build platforms for individuals to contribute to company projects and proposals.Payments, billing and money transfer technologies are also big news.ย  Personal wealth management software is increasingly popular, as fintechs help people conduct their day-to-day finances and outgoings as well as assisting with longer-term asset management.Solutions for large financial organizations such as banks, hedge funds and mutual funds are also doing well. Fintechs are providing tools for anything from alternative trading systems to financial modelling and analysis software.Blockchain technology is maturing in the market, with many global banks and institutions focusing on proof-of-concept initiatives such as a $60m Circle Internet project looking at expansion into China.InsurTech is also showing success. Companies like AIA are driving change; for example, AIA is using wearable tech to help people become healthier, with rewards based on the resulting data.$1.3bn in 97 deals to VC-backed companies in Q2โ€™16In North America, deal activity reached a 5-quarter low in Q2โ€™16. There were 130 deals in Q1โ€™16, falling to 97 deals in Q2โ€™16; Q2โ€™16 was down 26% compared to Q2โ€™15.Despite this, corporate participation in North American fintech deals reached a quarterly high. Participation was up 23% between Q1 and Q2โ€™16, with corporates now being involved in 30% of all fintech deals. California took the lead in Q2โ€™16 fintech funding, beating contender New York by 200% that quarter.Early stage deals in North America reached a 5-quarter high in Q2โ€™16, with median early-stage deals reaching $4.6m that quarter, a 53% increase over Q1โ€™16.VC funding was hugely popular in 2015, with a plethora of emerging business models, revenue streams, products and services proving exciting for VC investors. Investment from alternative lenders also helped drive up private company valuations.This year, investors have been more cautious, opting for more established companies with proven technologies and business models. This could lead to a market shakeout, particularly in the lending space, as less stable online lenders fall by the wayside.Top deals in Q2โ€™16 VC investment activityThis quarter has seen some remarkable deals. The top deals were all series C: Affirm for $100m, Mobikwik for $50m and Remitly for $38.5m. The top countries for investment were the United States with 26 deals worth $251m; Germany with 5 deals worth $64.9m and the United Kingdom with 3 deals worth $42.4m.Insurance and fintech: friends or foes?There is a mixed relationship between insurance and fintech, with some insurance companies utilising fintechs to build solutions for customer service and delivering better value.In other areas, however, InsurTechs are seeking to compete with insurance companies. Small, nimble fintechs can help deliver tailored solutions while traditional companies struggle with issues like low consumer trust, IT legacy problems, low interest rates and reducing profitability.Combined with this, insurance customers also have greater expectations of more personalized, tailored service. In this environment, InsurTech is proving attractive for VC investors and corporates.Martin Blake, Subject Matter Expert in InsurTech at KPMG Australia, has noted that insurers have data challenges: โ€œMost insurers struggle to leverage existing data to deliver deeper insights. Fintech companies that have behavioral analytics capabilities can help these insurers gain a deeper understanding of behavioural trend and insights into individuals, allowing for the development and creation of much more customized solutions or fast-tracking customer service.โ€----------About UsSelby Jennings is a leading specialist recruitment agency for banking and financial services. For more than 15 years, we have given clients and candidates peace of mind that the recruitment process is in expert hands. Our continual investment in best-in-class technologies and consultant training enables us to recruit with speed, precision and accuracy. Today, Selby Jennings provides contingency and retained search recruitment across 11 offices in 6 countries. Contact us to find out how Selby Jennings can help you.โ€‹

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