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.

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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.

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

Technology Operations Engineer

Salary: $100,000 - $130,000 A proprietary trading firm is looking to bring on a Technology Operations Engineer. What you will be responsible for: - Oversee the trading system, diagnosing and troubleshooting issues to ensure continuous operation - Automate software deployment for Linux and Windows applications to accelerate roll outs - Develop and implement new tools to enhance system management, reduce manual efforts, and reduce errors Qualifications: - Bachelor's degree in Computer Science, Information Systems, or related field - Python proficiency - Experience with Linux systems - Comfortability with distributed version control - Familiar with configuration management systems and monitoring tools The role must sit in the firms Chicago office working a hybrid model of 3 days per week in office, 2 days remote.

US$100000 - US$130000 per annum

Chicago

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Sr Principal Engineer, Full Stack (GenAI)

Job Description We are seeking a highly skilled and innovative Senior Principal Software Engineer to lead the development of our cutting-edge Generative AI (GenAI) platform. This role combines strategic leadership and hands-on development to create scalable, efficient, and secure solutions using modern full-stack technologies. As a leader in the engineering team, you will oversee the design, implementation, and evolution of a GenAI platform leveraging Python, React, Microservices architecture, and AWS cloud infrastructure. Key Responsibilities Platform Leadership: Lead the architecture, design, and development of a scalable Generative AI platform. Drive the adoption of industry best practices in software development, including secure coding, testing, and CI/CD pipelines. Collaborate with cross-functional teams, including data scientists, product managers, and UX designers, to align the platform's capabilities with business objectives. Technical Execution: Develop and maintain full-stack solutions using Python (backend), React (frontend), and AWS-based microservices. Build modular, reusable, and testable code for efficient development and deployment. Ensure the platform's performance, scalability, and reliability to support AI-driven workloads and high traffic. Cloud & Infrastructure: Design and implement cloud-native solutions using AWS (e.g., Lambda, ECS, S3, DynamoDB, RDS, and SageMaker). Optimize system performance and cost by leveraging serverless and containerized solutions. Team Development: Mentor and guide junior and mid-level engineers, fostering technical growth within the team. Advocate for continuous learning and integration of new technologies and methodologies in AI and software development. Innovation & Strategy: Stay ahead of emerging trends in Generative AI and identify opportunities for the platform to incorporate advancements. Partner with leadership to define the long-term technical strategy for the platform. Qualifications Education & Experience: Bachelor's or Master's degree in Computer Science, Software Engineering, or a related field. 10+ years of experience in software engineering with at least 5 years in a leadership role. Technical Expertise: Advanced proficiency in Python and modern frontend frameworks like React. Strong experience designing and implementing Microservices with APIs (REST/GraphQL). Deep expertise in AWS cloud services and serverless architectures. Familiarity with AI/ML frameworks and technologies, such as TensorFlow, PyTorch, or Hugging Face, is a plus.

Negotiable

Georgia

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Senior Software Engineer

About the Company: Selby Jennings is working with a leading global investment firm focused on systematic trading. Working with their highest revenue generating team that team that specializes in systematic trading, deploying cutting-edge quantitative models to trade across multiple asset classes. They leverage advanced algorithms, cutting-edge data science, and low-latency systems to drive decision-making and execution at scale. Their low-latency trading platform underpins everything they do, supporting the full range of quantitative and algorithmic strategies deployed by the firm. They are constantly innovating and enhancing their systems to stay ahead of market dynamics and deliver competitive advantages in real-time trading. Position Overview: We are looking for a Software Engineer to join this dynamic team and contribute to the development and optimization of our low-latency trading platform. You will play an integral role in building and maintaining systems that power their global trading strategies. This is a high-impact position that offers the opportunity to work on cutting-edge technology and directly influence the firm's trading performance. You will collaborate with a small but highly talented team of engineers and work across the entire tech stack-from execution systems and research infrastructure to real-time market data processing and simulation. This role provides an exciting chance to build high-performance systems that drive one of the most innovative and influential quantitative platforms in the industry. Responsibilities: Low Latency System Development: Design and build high-performance systems to support global trading strategies with a focus on ultra-low latency and scalability. Platform Enhancement: Contribute to various components of the trading platform, including execution systems, research infrastructure, and simulation tools. Cross-functional Collaboration: Work closely with quantitative researchers, traders, and other engineers to ensure seamless integration of trading algorithms with technology infrastructure. Ownership & Impact: Take ownership of critical areas of the platform, helping to drive improvements in performance, scalability, and overall system efficiency. Performance Tuning: Optimize systems for minimal latency and maximum throughput, ensuring our systems operate with precision in real-time market environments. Full-stack Development: Develop across multiple layers of the stack, from data feeds and order routing to execution and system monitoring. Continuous Innovation: Continuously enhance the platform by integrating the latest advances in trading algorithms, machine learning, and high-performance computing. Qualifications: Technical Expertise: Strong experience in C++, with expertise in developing low-latency, high-performance systems. Algorithmic Problem Solving: Deep understanding of algorithms and data structures, particularly in the context of real-time processing and latency-sensitive systems. Market Systems Experience: Experience with financial systems such as execution platforms, order routing, or market data processing is beneficial but not required. Real-time Systems: Proven experience building systems that require real-time, low-latency data processing, ideally in high-frequency trading or similar environments. Collaborative Mindset: Ability to work effectively with cross-functional teams, including quantitative researchers, traders, and engineers, in a highly collaborative environment. Experience: 3+ years of relevant experience, ideally in trading, finance, or other performance-critical computing environments. Education: Bachelor's or Master's degree in Computer Science, Engineering, or a related field from a top university. Nice to Have: Experience with execution algorithms, simulation platforms, and research infrastructure in the context of quantitative trading. Strong understanding of networking and concurrency in real-time systems. Familiarity with multithreading and distributed computing principles. Why Join Us? Impactful Work: Work on projects that have a direct and measurable impact on the success of global trading strategies. Technological Excellence: Access to cutting-edge technology and the opportunity to innovate within a world-class trading platform. Collaboration: Collaborate with a high-caliber team of engineers, traders, and quantitative researchers who are leaders in their fields. Competitive Compensation: Highly competitive compensation package, including base salary and performance-based bonuses. Total compensation can range from $600,000 to $1.5M based on experience and performance. Career Growth: Join a firm where personal and professional growth is prioritized, and where you'll have ample opportunities to evolve your skills and responsibilities over time. To Apply: If you're passionate about building low-latency systems and working on cutting-edge technologies in a fast-paced environment, we want to hear from you.

US$200000 - US$300000 per year

New York

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Sales Director - AI Investment Research Platform

We are seeking a candidate with strong hunter and farming capabilities, a proven entrepreneurial mindset, and a successful track record in direct new business sales. The role is ideal for someone who thrives in a fast-paced, results-oriented environment and excels at leading by example. Key Responsibilities: Drive new business sales, identifying and securing high-value opportunities in global markets. Build and maintain strong client relationships, focusing on upselling and cross-selling to expand existing accounts. Lead, mentor, and develop a team of four sales professionals in a player/coach capacity. Develop and execute strategic sales plans to achieve revenue targets and business growth. Collaborate with cross-functional teams to align sales initiatives with company objectives. Analyze market trends and competitor activity to identify opportunities for competitive advantage. Key Qualifications: 8+ years of experience in direct new business sales, with a strong track record of hitting and exceeding targets. Demonstrated ability to operate as both a hunter (new business acquisition) and farmer (account management and expansion). Proven leadership experience, including mentoring and managing sales teams. Excellent communication, negotiation, and relationship-building skills. Strong analytical and strategic thinking abilities. Experience in financial technology, research, or related industries is a plus.

£70000 - £80000 per annum + £100,000 OTC (Uncapped commission)

London

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Sales Director - Front/Back Outsourced Solutions - EMEA

The ideal candidate will be a dynamic and results-oriented professional with a proven track record in business development, a deep understanding of private assets and asset management, and the ability to manage and grow strategic client relationships. This role will require a mix of hunter and account management skills to drive new client acquisition and retain high-value accounts. Key Responsibilities 1. Business Development & Strategy Identify and develop new business opportunities within the private assets and asset management sectors, with a focus on expanding the client base across EMEA. Lead strategic market analysis to uncover growth opportunities and tailor the go-to-market approach. Build, execute, and own the regional business development plan. 2. Client Acquisition (Hunter Focus) Proactively approach potential clients (private equity firms, asset managers, family offices, and institutional investors) to pitch tailored solutions. Design and deliver compelling proposals aligned with client needs. Establish a strong pipeline of opportunities and convert them into long-term partnerships. 3. Relationship Management (Account Management Focus) Serve as the primary relationship manager for key EMEA-based clients, ensuring high satisfaction and retention. Identify opportunities to cross-sell and up-sell the suite of services. Act as a trusted advisor by understanding client pain points and providing solutions that drive value. 4. Market Expertise Stay abreast of trends and developments in the private assets and asset management industries, particularly within EMEA. Represent the organization at industry conferences, networking events, and thought-leadership forums. Qualifications & Skills Required: Minimum of 12 years of experience in business development, sales, or account management roles, with a focus on private assets and/or asset management sectors. Demonstrated ability to generate and close large deals while maintaining long-term relationships. Exceptional communication, negotiation, and presentation skills. Fluency in English is mandatory. Preferred: Fluency in German or French is a strong advantage. Established network within the EMEA region's private assets and asset management landscape. Experience working in a client-centric, solutions-oriented environment. Key Competencies: Proven track record as a hunter with strong prospecting and closing skills. Ability to act as a strategic advisor, building trust and credibility with C-level executives. Strong analytical and problem-solving skills to identify and address client needs effectively. Entrepreneurial mindset with the ability to work independently and collaboratively.

£120000 - £140000 per annum + $100,000 OTC (Uncapped commission)

London

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Front Office Developer

Why You'll Love This Job: You're a trailblazer, excited to dive into the innovative and disruptive world of cryptocurrency. You thrive on full-cycle application development, from gathering requirements to providing production support. Automating trading processes and peripherals to maximize efficiency with minimal manual intervention is your passion. You're eager to expand your knowledge in both financial and technical domains. You have a strong work ethic and aim for high performance in a fast-paced trading environment. As a Developer, You Will: Assist in developing applications and tools to support front office trading. Help maintain and enhance our proprietary algorithmic trading engine, connectivity to over 60 exchanges, peripheral applications, and user interfaces using the latest .NET and C++ technologies to support our 24/7 trading activities. Investigate production issues, identify root causes, and propose solutions. Work in an international team of like-minded professionals in an agile and autonomous environment. Collaborate with senior teammates to explore the latest technologies and industry best practices. When appropriate, design and integrate changes to expand our system's capabilities, lower latency, and improve performance. Participate in an on-call rotation to ensure our global operations run smoothly around the clock. Required Skillset: A university degree in Computer Science, Software Engineering, or related disciplines. Proficiency in writing clean and efficient code in Rust or C#, or any other object-oriented programming language (e.g., Java). A strong interest in trading, financial markets, and blockchain technologies. A commitment to the reliability, scalability, and maintainability of your deliverables. Enjoyment in analyzing and solving complex problems with elegant solutions. Experience with multithreading, web protocols (e.g., WebSocket, RESTful), or high throughput/low latency design (a plus). An understanding of the dynamic nature of the cryptocurrency business and a willingness to go beyond the traditional 9-6 work schedule.

Up to HK$48000 per annum

Hong Kong

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Software Engineer

An established global hedge fund is looking to bring on software engineers to help enhance its research and technology capabilities. This role is ideal for candidates with a strong software engineering background, either from the financial industry or with a strong interest in applying their skills within the dynamic capital management sector to drive innovative technology solutions. What you will do: Contribute to building systems, tools, and platforms that support new strategies and products Work closely with senior staff to enhance and develop software solutions for trading and risk management systems Research and prototype new technologies to improve research and trading capabilities Qualifications: Proficiency in Python 3+ years of post-grad experience in related role Relational database and SQL experience B.S. or M.S. in Computer Science or other STEM field

US$120000 - US$150000 per annum

Minneapolis

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Tech Lead

A leading financial institution in the greater Philadelphia area is looking to hire a tech lead to their Trading Analytics group. This will be a key role as the firm looks to modernize all front office trading technology. This role will report directly to the Head of Trading Analytics and will be responsible for mentoring and guiding junior level engineers for a range of projects. The ideal candidate will have 7+ years of experience in financial technology, strong Python development skills, experience with financial data (market data, TCA data, etc.), a proven track record as a team lead, knowledge of the financial markets, and professional experience with KDB would be a plus. Responsibilities: Provide hands-on engineering leadership to drive projects focused on designing, developing, and innovating market data infrastructure platforms and systems Partner with quant researchers, product owners, and other stakeholders to learn their requirements and implement solutions Manage and support a team of developers and data engineers Build a new market data database for equities and multi-asset PMs Partner closely with architects on the design of new infrastructure Qualifications: 7+ years of experience in software engineering Specific experiences in financial services is required Expert Python coding ability Professional experience with KDB is a plus Working experience with SQL Professional experience leading projects Strong understanding of market data

Negotiable

Philadelphia

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Fund Accountant

Selby Jennings is partnered with a Private Equity firm NYC/CT that's looking to build out their Fund Accounting team: Responsibilities Include: Manage day to day fund operations Coordinate and liaise with administrators/external partners Assist with tax & audit processes Prepare ad hoc strategic analyses with the business team Assist with quarterly NAV and financial statement prep Preferred Qualifications: Bachelor's degree in accounting or related field 2-5 years of experience - Prior fund admin or PE experience a plus CPA or progress towards attainment a plus

US$80000 - US$110000 per year

Manhattan

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Manager of Network Engineering

Network Engineering Manager Job Description: An elite high frequency trading firm is seeking a Network Engineering Manager to lead our network team in delivering ultra-low latency infrastructure for their trading operations. In this role, you'll be responsible for architecting, optimizing, and managing high-performance networks to support critical trading activities. Key responsibilities include overseeing network design and deployment, minimizing latency, and ensuring reliability. You will lead and mentor a team of engineers, develop network automation tools using Python, and collaborate with other technology teams to drive performance enhancements. Requirements: Proven experience in low latency networking in the financial/trading industry Strong hands-on expertise with network protocols and hardware tuning for minimal latency Proficiency in Python for network automation and scripting Demonstrated experience leading and mentoring engineering teams Familiarity with high-performance trading systems and regulatory standards

Negotiable

Chicago

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Technology Operations Engineer

An elite proprietary trading firm is looking to bring on a Technology Operations Engineer to their Chicago team. What you'll do: Monitor trading systems and troubleshoot and resolve outages. Work closely with Trading and Risk desks to drive day to day activity Automate software deployments for Windows and Linux applications to ensure faster, and more reliable application deployment. Develop new tools to enhance system management and reduce errors What you'll need Bachelor's degree in Computer Science, Information Systems, or a related field 1-3 years of experience using, managing, or developing on Linux systems Proficiency in Windows and Linux platforms Strong scripting skills, in Python or Bash Familiarity with monitoring tools such as SolarWinds, Nagios, Cacti, etc. This role will work in the firms Chicago office, in person. At this time they are unable to provide visa sponsorship.

US$100000 - US$130000 per annum

Chicago

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Database Engineer

Responsibilities: Manage and optimize PostgreSQL and Oracle databases. Tune performance and queries for efficiency. Implement and maintain backups, restores, replication, and disaster recovery. Collaborate with system engineers on installations, configurations, and capacity planning. Work with development teams on database design and optimization. Troubleshoot and resolve production issues quickly. Requirements: 5+ years of experience with Oracle and PostgreSQL databases in production. Strong UNIX/Linux skills and experience with T-SQL or PL/SQL. Knowledge of database clustering, replication, and SAN storage. Experience with MS SQL Server, InfluxDB, or MySQL is a plus. Strong problem-solving and troubleshooting skills. Ability to thrive in a fast-paced, agile environment. Excellent communication and collaboration skills.

US$200000 - US$300000 per annum

Chicago

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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

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