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 you’re interested in securing the very best Financial Technology talent in Singapore or you’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.

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

Submit your vacancy

request a call back

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.

Network

A vast, global network of the best, in-demand professionals, working with the world’s largest financial institutions to innovative fintech start-ups and beyond.

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

Junior ServiceNow Developer

As a ServiceNow Developer with this top trading firm, you will play a pivotal role in the configuration, development, and maintenance of our ServiceNow platform. This position is perfect for candidates with a keen interest in IT service management and ServiceNow, offering a chance to grow and learn within a dynamic IT environment. You will collaborate closely with senior administrators and developers to ensure the efficient operation of ServiceNow and contribute to improving our IT service delivery. You'll excel in this role if you: Hold a bachelor's degree in Information Technology, Computer Science, or a related field (or have equivalent experience). Have proven experience as a ServiceNow Developer, particularly if you have experience with Workspaces, Mobile, and UI Builder. Possess a strong understanding of ITIL concepts and principles. Are proficient in web development technologies, including JavaScript, HTML/CSS, and REST API. Have excellent problem-solving and analytical skills. Are an effective communicator with strong interpersonal skills. Are eager to learn and adapt to new technologies. Hold ServiceNow certifications such as Certified System Administrator and Certified Application Developer. Have experience working within Agile methodologies and frameworks and can meet tight or changing deadlines. Key responsibilities: Configuration and Customization: Assist in the configuration and customization of the ServiceNow platform to meet business requirements, including creating custom applications, forms, workflows, and UI enhancements. Incident and Problem Management: Collaborate with the Infrastructure and Operations teams to manage and resolve incidents and problems within ServiceNow, ensuring timely resolution and adherence to ITIL best practices. Service Catalog Management: Help maintain and improve the service catalog, including creating and updating service offerings, request forms, and associated workflows. Custom Application Development and Management: Contribute to the development and management of custom applications within the ServiceNow platform.

US$125000 - US$135000 per annum

Chicago

Apply

Senior ServiceNow Developer

US$125000 - US$200000 per annum

Chicago

Apply

Director, Finance/CFO

My client, a utilities company committed to providing reliable utility services dedicated to sustainable resources, is looking to bring on a Director of Finance/CFO to join their team in the beautiful, sunny east coast beach town of New Smyra, Florida. A stellar candidate will have a bachelor's degree in accounting or a related field, 10+ years of professional utility accounting experience, and 10+ years of supervisory experience. Responsibilities: Oversee accounting, budgeting, and procurement/warehouse functions Recommend changes to accounting procedures for efficiency and ensure compliance with any accounting standards Prepare reports on business activity and financial position Direct depreciation rates for capital assets Manage investment portfolio with the investment advisor Evaluate financial operations and software for process improvements Qualifications: Bachelor's degree in Accounting or related field 10+ years of professional utility accounting experience 10+ years of supervisory experience Preferred: CPA designation and annual CPE

Up to US$150000 per year

New Smyrna Beach

Apply

Senior Database Platform Engineer

Responsibilities Designs and automates the provisioning, configuration, monitoring, issue resolution, and security of database platforms. Utilizes expert knowledge to troubleshoot complex database systems. Develops, implements, and maintains best practice standards for code quality, deployment, security, architecture, and automation. Works collaboratively with business and technology teams to achieve engineering project objectives. Qualifications Bachelor's degree in Information Technology, Computer Science, Computer Engineering, or a related field. Over 7 years of experience in database engine engineering (e.g., SQL Server, PostgreSQL, MongoDB). More than 5 years of experience with various cloud platforms (e.g., Snowflake, BigQuery, Redshift, RDS, AWS, Azure, Google Cloud). Over 7 years of experience with SQL or NoSQL languages. More than 5 years of experience in programming with interpreted scripting languages (e.g., Python, PowerShell). Over 5 years of experience with configuration management tools and Infrastructure as Code principles (e.g., Terraform, Ansible, PowerShell DSC, Puppet, Chef, CloudFormation). In-depth knowledge of database platform engine internals, infrastructure, and concepts. Experience with REST APIs and other non-database direct interfaces. Familiarity with CI/CD and SDLC workflows (e.g., JIRA, Git, Bitbucket, GitHub, Liquibase, Jenkins, Octopus, DbUp). Maintains high standards for database platform architecture and security. Applies an engineering mindset to all aspects of the role. Excellent verbal and written communication skills, capable of explaining complex concepts to diverse audiences and advocating for technology solutions. Preferred Experience with containerized platforms (e.g., Docker, Kubernetes). Interest or experience in object-oriented programming languages (e.g., C#, Java, C++). Interest or experience in data distribution systems (e.g., Kafka).

US$190000 - US$225000 per annum + Bonus

Austin

Apply

Senior Associate, ServiceNow

What You'll Do: In this role, you'll provide expertise in implementing and supporting various third-party software packages to enhance clearing and enterprise business systems. You'll need to creatively solve problems, communicate effectively, and proactively offer technical recommendations to achieve objectives. Experience in Agile frameworks is essential, with practical experience at either the program or team levels, demonstrating the ability to adopt Agile principles, mindset, and methodologies. You'll coach team members and advise teams, product owners, and business stakeholders on Agile practices. Primary Duties and Responsibilities: To succeed in this role, you must be able to perform each primary duty satisfactorily: Embrace and advocate for Agile best practices in software development (stay true to the Agile Manifesto). Proactively identify and mitigate risks using Agile best practices and project data. Support daily stand-ups, facilitate story grooming, and coordinate sprint demos, planning, and retrospectives. Guide and coach delivery teams to self-organize and achieve objectives without assigning or dictating work. Assist with internal and external communication to improve transparency and information sharing. Implement and manage monitoring technologies for software, server, and network platforms. Resolve configuration-related problems. Assist production support and development staff in debugging application defects. Drive continuous improvement efforts by identifying and championing practical means of reducing time to market while maintaining high quality. Lead and facilitate technology improvements while partnering with business stakeholders to achieve expected outcomes. Assist Production Support by providing advice on system functionality and fixes as required. Supervisory Responsibilities: None Qualifications: The requirements listed are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the primary functions. Required: Foundational understanding of Agile and scaling Agile practices for multiple teams. Required: Demonstrated experience using planning and project management tools like Jira & Confluence. Required: 3 - 5 years' experience in roles that help deliver technology improvements, road mapping, and product development. Required: A creative, technical expert with business acumen to help create innovative and modern products for our users. Required: A leader who will develop customer-focused and innovative solutions to complex problems, inspiring stakeholders and supporting a robust product strategy. Required: Strong presentation and communication skills. Required: Strong analytical skills with an interest in designing innovative solutions. Required: Strong written and verbal communication skills, including the ability to discuss technical concepts with non-technical personnel. Technical Skills: Required: Project planning tools like MS Project, ServiceNow, or Jira Plans. Required: ServiceNow platform experience. Required: Confluence administration and Jira reporting are preferred. Required: Basic understanding of IT infrastructure and IT systems design. Preferred: Familiarity with a ticketing system such as ServiceNow. Required: Experience working as a Business Analyst on building Product teams or working with teams to move towards a Product mindset. Required: 1-3 years working in roles such as Software Developer, Product Owner, Project Manager, Business Analyst, Customer Service and Relationships, Agile Scrum Master, or Agile Coach. Required: 1-3 years working as a business or system analyst (BA/SA). Education and/or Experience: Required: BS degree in Computer Science, a similar technical field, or equivalent practical experience. Certificates or Licenses: Preferred: Other low-code/COTS implementation certifications are desired.

US$105000 - US$110000 per annum

Chicago

Apply

ServiceNow Senior Associate

We have a current opportunity for a ServiceNow Senior Associate on a permanent basis. The position will be based in Chicago. For further information about this position please apply. What You'll Do: This role provides expertise in implementing and supporting various third-party software packages. The candidate must be able to solve problems creatively, communicate effectively, and proactively engage in technical recommendations to help achieve objectives. This role requires some experience in Agile frameworks with practical experience in an Agile role at either the program or team levels with demonstrated ability to adopt agile principles, mindset, and methodologies. This role will coach team members and advise teams, product owners, and business stakeholders on agile practices. Primary Duties and Responsibilities: To perform this job successfully, an individual must be able to perform each primary duty satisfactorily. Embraces and advocates for Agile best practices for software development discipline (be true to Agile Manifesto) Proactively identify and mitigate risks using Agile best practices and project data Support daily stand-ups, facilitate story grooming, coordinate sprint demos, planning and retrospectives Support efforts to guide and coach delivery teams to self-organize and achieve objectives, without assigning or dictating the work Assist with internal and external communication, improving transparency, and information radiation Implement and manage monitoring technologies for software, server, and network platforms Resolve configuration-related problems Assist production support and development staff in debugging application defects Drives continuous improvement efforts by identifying and championing practical means of reducing time to market while maintaining high quality Lead/facilitate technology improvements while partnering with business stakeholders to achieve expected outcomes Assists Production Support by providing advice on system functionality and fixes as required Technical Skills: [Required] Project planning tools like MS Project, ServiceNow or Jira Plans [Required] ServiceNow platform experience [Required] Confluence administration and Jira reporting are preferred [Required] Basic understanding of IT infrastructure and IT systems design [Preferred] Familiarity within a ticketing system such as ServiceNow [Required] Experience working as Business Analyst on building Product teams or working with teams to move towards a Product mindset [Required] 1-3 years working in role as Software Developer, Product Owner, Project Manager, Business Analyst, Customer Service and Relationships, Agile Scrum Master or Agile Coach [Required] 1-3 years working as a business or system analyst (BA/SA)

Up to US$110000 per annum

Chicago

Apply

Full-Stack / Backend Engineer

An elite, unicorn, Series D start-up is looking for a talented Engineer to join a fast-growing company that's on a mission to reshape the financial landscape. Their focus is on leveraging advanced technologies to create smarter, more accessible financial products, and we're reinventing how things like credit cards and mortgages work. As part of a small, agile team, you'll have the opportunity to build innovative solutions that truly make a difference in people's lives. Your Role: Build Next-Gen Financial Products: You'll be responsible for developing cutting-edge financial tools, like credit cards and mortgages, powered by AI and machine learning to make them faster and more affordable. Design & Optimize Complex Systems: You'll be shaping the architecture of highly scalable systems and tackling challenges across both front-end and back-end. Collaborate with a Diverse Team: Work with a talented group of engineers, product managers, and designers to bring new ideas to life, influencing everything from product strategy to user experience. Lead & Mentor: Review code, guide junior team members, and help shape the technical direction of our projects. Troubleshoot & Debug: Dive deep into performance bottlenecks, solve difficult technical problems, and help improve the overall system's performance. Push the Envelope: Contribute to developing new technologies, such as high-precision systems and advanced video solutions. Who You Are: Experienced Problem Solver: You've worked on large-scale systems, with experience across the full stack, and have a strong ability to design, implement, and optimize complex systems. Hands-On Engineer: You're comfortable with writing and debugging code, making improvements, and finding the best solutions. Collaborative Leader: You enjoy working with others, sharing ideas, and making sure the whole team is aligned with the project vision. Self-Motivated: You can hit the ground running with minimal guidance and thrive in environments where you are trusted to take ownership. Creative Thinker: You're excited to work on challenging problems where the answers aren't always obvious, and you can figure things out as you go. Adaptable: As things change, you're ready to pivot and tackle new challenges head-on. Ideal Candidate: Strong Full-Stack Experience: You're comfortable working on both front-end and back-end technologies, and have experience with systems design. Tech Savvy: Proficient with AWS, PostgreSQL, TypeScript, Python, and VueJS. Any experience with machine learning is a plus. Production-Ready Code: You know how to build, test, and deploy applications that scale and perform well under pressure. Leadership & Mentorship: You've led teams before and enjoy helping others grow while providing solid technical direction. What they Offer: A fast-paced, dynamic work environment where innovation and collaboration are key. An opportunity to work with some of the brightest minds in tech and finance. A chance to make a real impact on products that change how people access and use financial services. Competitive salary, benefits, and an inclusive, growth-oriented culture.

US$250000 - US$400000 per year

San Jose

Apply

Engineering Manager

Engineering Manager - FinTech Pioneer (Remote) Are you ready to help the technological advancements of a trailblazing Financial Technology company? With Series B funding secured, our client is on an exciting growth trajectory and requires a forward-thinking leader & engineering manager who is adept at guiding engineers through uncharted territories with precision. Key Responsibilities: - Implement lean Agile methodologies for heightened productivity. - Ensure delivery excellence balancing speed, sustainability, quality & scalability. - Lead cross-functional collaboration ensuring unity across product teams. People Leadership: - Cultivate engineering talent nurturing their professional development. - Champion team culture that's inclusive and performance-oriented - Spearhead collaborative initiatives aligning tech goals with business objectives Technical Mastery Required: Java Expertise - command over one of the most reliable programming languages used extensively in financial technology solutions providing robustness and versatility Technological Versatility - hands-on experience with modern tools such as Kubernetes or AWS ensures adaptability amidst evolving technical landscapes Continuous Integration/Continuous Deployment (CI/CD) Practices - proficiency in maintaining consistency while accelerating deployment cycles The right candidate will be proficiently experienced blending leadership prowess with agile execution. You'll have proven track records from previous senior roles demonstrating not just your capabilities but also your passion for innovating customer-first products. You can expect competitive compensation ($160k-$200k), equity participation, comprehensive health coverage alongside remote working flexibility-empowering you to make impactful decisions wherever inspiration strikes! If driving technical strategy excites you as much as it does us-we'd love to meet! Ready to lead into tomorrow's fintech revolution? Apply now!

US$150000 - US$200000 per year

United States of America

Apply

Senior Software Engineer

Selby Jennings is partnered with a multi-strat hedge fund that's looking to bring on a Senior Software Engineer. You will get the opportunity to work with extremely ambitious, like-minded individuals who view programming languages as "tools" to solve hard problems. Ideally, you're a "techie" who is interested in solving complex problems within the world of finance. This team sits on the equities division & has a knack for solving intense problems for investment professionals, allowing them to get their strategies to the market in real-time. Experience Required: 6+ years of experience in Java or Python BS, MS, or PhD in Computer Science, Operations Research, or another quantitative discipline Quick promotions & a degree from a top 25 computer science school This role is active & interviews have already started!

US$300000 - US$600000 per year

New York

Apply

Trade Support Engineer

Responsibilities: Providing efficient technical support for quantitative trading systems, working with exchanges, brokers, and other partners to troubleshoot production trading systems. Collaborating with trading, technology, and operations teams to ensure trades are executed and booked with brokers, and communicating the design requirements for pre-trade, at-trade, and post-trade risk control. Connecting with vendors to promptly address market data and trading-related technical issues. Coordinating cross-departmental requirements related to trading technology. Requirements: Bachelor's or Master's degree in Computer Science, Software Engineering, Information Technology, Finance, Statistics, or a related field. 1-3 years of work experience in trading, or relevant internship experience for undergraduates/graduates. Strong communication skills in both Chinese and English. Detail-oriented, team player with a strong capacity for implementation and responsibility. Passionate about securities and futures trading. Experience in supporting or maintaining low latency trading systems is a plus.

Negotiable

Hong Kong

Apply

Technical Business Analysis

Responsibilities: * Collaborate with clients to understand business needs and challenges. * Analyse existing systems, including data, architecture, and APIs. * Document and translate business requirements into clear technical specifications. * Coordinate with Developers and QA teams on design, development, and testing. * Use templates to create accurate and concise requirement documents. * Communicate complex technical concepts to non-technical stakeholders. * Present findings and project updates effectively. * Serve as a liaison between internal teams and clients, ensuring clear communication. * Maintain project documentation throughout the life-cycle. Requirements: * Proficiency in both English and Japanese (written and verbal). * Strong technical background in digital transformation, data structures, and system architecture. * Knowledge of SQL and basic iOS development. * Experience in requirement gathering, process modeling, and documentation. * Retail industry experience is a plus.

Negotiable

Japan

Apply

Production Support Engineer

Production Support Engineer - Singapore Join an elite team at the forefront of electronic trading platforms! We're on the hunt for a driven Production Support Engineer to become part of our dynamic Technology Team. If you have what it takes, read on and discover your next career move. Location: Singapore --- As a pivotal member of our esteemed Infrastructure Technology unit, expect to dive into responsibilities such as: Spearheading API integrations across various fixed income products. Crafting detailed technical documentation with precision. Collaborating closely with business analysts and developers to tailor features based upon client needs. Ensuring swift issue resolution by working alongside multiple internal teams. What's more? Your expertise will be vital in building robust relationships within IT departments among dealers and clients while actively participating in developing new tech solutions! Your skill set should include: FIX Protocol: Essential knowledge required for trade support functions involving communication standards used widely within financial services. API Knowledge: Critical for facilitating smooth integration between systems-your role involves ensuring seamless connectivity between Fixed Income trading system and customer applications through APIs. Unix/Linux Proficiency: Command over Unix-based operating systems is non-negotiable; we count on scripting skills that keep servers running efficiently without hiccups. Control-M & GENEOS Awareness: Familiarity here would mean being adept at batch scheduling along with monitoring software-a key aspect towards maintaining operational stability Thriving under pressure isn't just welcomed-it's expected. An analytical mindset combined with excellent verbal/written English communications makes up the backbone of this position (Mandarin proficiency adds brownie points!). A recognised degree evidences your foundations capabilities but remember: attitude determines altitude!

Negotiable

Singapore

Apply

Financial Technology News & Insight

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 FranciscoSan 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 FCA’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 Singapore’s’ sandbox, grants, and digital banking licenses. Singapore is a leader in fintech sectors such as payments, robo-advisory, and blockchain, and also hosts the world’s largest fintech event, the Singapore Fintech Festival, solidifying Singapore as the place to tap into the fintech opportunities.São PauloSão 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 over 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. São 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 a 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. Don’t miss this chance to explore fintech opportunities in these amazing cities. Visit our job search page and find your dream role today. Or, you can upload your CV and we will contact you as soon as we have a role that matches your qualifications and experience.

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 Asia’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 world’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. The World Economic Forum 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, APAC’s wealthtech industry is predicted to grow by approximately 25-30% per year, according to McKinsey’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 back

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 Jennings’ 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.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. Experience-level breakdown: Explore salary differentials based on experience, from management level to senior leadership positions. Sector insights: Discover how salaries compare across various sectors of Financial Technology. 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. 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".

insurance-and-actuarial

Southeast Asia Salary Guide 2023

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:Investment BankingInvestment ManagementWealth ManagementQuantitative Analytics, Research & TradingRisk ManagementFinancial TechnologySales & Trading

financial-technology

Market Report: Financial Technology (Mar 2020)

Financial technology is leading the market in 2020. 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, submit a vacancy and a member of our fintech team will be in touch.

financial-technology

How Making the Right Fintech Sales Hire Impacts Your Bottom Line

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 individual’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, it’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, “How 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 we’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.”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. Contact us to find out how Selby Jennings can help you.

financial-technology

Fintech Market Overview: Developments in North America

What’s happening in fintech? Ian Pollari, Global Co-Leader of Fintech at KMPG International and Partner at KPMG Australia, says: “We are seeing a continued diversification across many dimensions of fintech – 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.”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 Q2’16 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 Q2’16. 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, it’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. 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. 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 Q2’16In North America, deal activity reached a 5-quarter low in Q2’16. There were 130 deals in Q1’16, falling to 97 deals in Q2’16; Q2’16 was down 26% compared to Q2’15.Despite this, corporate participation in North American fintech deals reached a quarterly high. Participation was up 23% between Q1 and Q2’16, with corporates now being involved in 30% of all fintech deals. California took the lead in Q2’16 fintech funding, beating contender New York by 200% that quarter.Early stage deals in North America reached a 5-quarter high in Q2’16, with median early-stage deals reaching $4.6m that quarter, a 53% increase over Q1’16.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 Q2’16 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: “Most 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.”----------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.

Financial Technology

Selby Jennings: Your Leading recruiter for Financial Technology in Singapore

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

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