Financial Technology

Financial Technology

Selby Jennings: Your Leading recruiter for Financial Technology in Singapore

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

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

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

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

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

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


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Benefits of working with Selby Jennings

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

Experience

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

โ€‹Network

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

โ€‹Knowledge

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

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

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

Financial Technology Jobs

Python Developer

What You'll Do: Design, develop, and maintain high-performance trading systems and algorithms using Python Build tooling and infrastructure to enhance reliability and reduce overhead in production management Develop monitoring infrastructure and automated testing frameworks Work closely with cross-functional teams to understand business requirements and mentor junior team members Who You Are: Bachelor's degree in Computer Science or a related technical field Strong programming experience, particularly in Python Experience running code in containerized environments Familiarity with Ansible, Django, Flask, and Jenkins Ability to approach complex operational challenges Knowledge of the trading/finance industry

US$170000 - US$350000 per annum
Chicago
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Lead Windows Systems Engineer

Title: Lead Systems Engineer - Windows Position: Full time, Hybrid Location: Chicago, IL Compensation: $160-000 - $200,000+ An Elite proprietary trading firm is looking for a Lead Systems Engineer to join their Chicago office. In this role you will not only act as an expert in your space, but you will have direct influence of the design and implementation of the firm's systems while you lead your own team of systems engineers. Your responsibilities will span both leadership and hands-on activities. You will architect and implement physical, virtual, and database servers. As a lead you will be in charge of the management and leadership of all systems and infrastructure projects while maintaining and supporting the Microsoft Exchange Environment. What we're looking for in this role: -Must have 3-4 YOE as a team lead -7+ YOE in Windows Systems Engineering -Expertise in Microsoft Exchange along with strong architecting and configuring in Microsoft Windows OS Technology -Experience with VMware -Expertise in scripting in PowerShell and regular exposure to Python and Git Version Control *This role must sit in the firms Chicago office working in a hybrid model of 4 days on-site and 1 day remote per week

US$160000 - US$200000 per annum
Chicago
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Operations Analyst/Associate

Job Title: Operations Analyst/Associate Work Model: Hybrid based in Charleston, 3x a week in office (IF NOT LOCAL TO CHARLESTON MUST RELOCATE) Summary: An elite high frequency proprietary trading firm is seeking both an Analyst and Associate Operations specialist to join their Post Trade team. The role is based in Charleston, SC. You will get to work directly with their new Global Head of Operations. Qualifications: A degree in Finance, Economics, Computer Science, or other related fields. CFA a plus. Extensive knowledge base in FAS 1 level financial products Fundamental awareness of global markets 2-5+ years of experience in capital markets operations Extensive communication across trading teams and software development teams Interest in post trade infrastructure Desire for fast-paced environment and "to wear multiple hats" High level MS Excel knowledge is a must: Comfortable with Look-ups, Pivot Tables, and Conditional Statements Python, VBA, Tableau, or SQL experience a plus Buy Side experience is a plus Task Management via tracking software such as JIRA is a plus Responsibilities: Support clearing and settlement processes for millions of daily trades in the following asset classes: Equity, Fixed Income, Derivatives, FX, Commodities, and Crypto Affirmation of trades, minimizing operational risk and maximizing straight through processing Daily reconciliation of internal data to participating brokers via position, trades, cash, NAV, and fees Investigation of breaks raised by trading desks, other departments, and counterparties Building Business Intelligence reports via Tableau regarding operational activities for senior management Maintain and navigate data such as security master within our systems to help minimize and investigate breaks Maintain relationships with brokers to fix daily breaks, while continually improving processes long term Liaise with external software vendors to troubleshoot current processes and propose improvements Own and resolve specific inquiries and ensure timely resolution Ability to identify areas of improvement, scope requirements and assist in implementation of automation.

US$60000 - US$150000 per year
Charleston
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Senior Infrastructure Software Engineer

Senior Infrastructure Engineer - Python Development Salary: $175-250k base plus discretionary bonus Location: Chicago, IL - in person An elite Chicago based trading firm is seeking a Senior Infrastructure Engineer - with strong python development skills to join their team. They are seeking a skilled Python Developer who is passionate about both software development and infrastructure management. The ideal candidate will have strong Python programming skills and experience in developing and maintaining fast paced, low latency environments. What you'll do: Design, develop, and maintain the platforms on which the firms systems are run utilising Python. Conduct code reviews and ensure code quality, reliability, and maintainability. Implement and maintain CI/CD pipelines for automated testing, deployment, and monitoring. Troubleshoot and resolve issues related to infrastructure, deployment, and performance. Monitor system performance and proactively identify and address bottlenecks and performance issues. Optimise trading system latency and throughput to ensure maximum efficiency and reliability. Serve as a senior member of the team leading projects, and driving new technology initiatives. Qualifications: Bachelor's degree in Computer Science, Engineering, or related field. Strong proficiency in Python programming language. Experience with automated trading systems and financial markets is highly desirable. Experience with CI/CD pipelines, and version control systems (e.g., Git) Familiarity with monitoring and logging tools such as Prometheus, Grafana, ELK stack.

US$175000 - US$250000 per annum
Chicago
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Sales Director - Global Markets

We're working with a Financial Data Analytics company that is looking for a Senior Salesperson to help cover their Buy-side/Sell-side Sales franchises. The ideal candidate will develop and execute a strategy to expand the firm's coverage of Banks or Asset Managers/RM across EMEA and APAC. Key Responsibilities: * Develop and execute a client acquisition strategy for either Banks or Asset Managers/Insurance/Pension Funds/Structured Credit Investors. * Qualify viable prospects and prioritise resources on sales opportunities. Qualifications & Skills Required: * 5+ years' experience across Global Markets, or particularly within Structured Credit or Private Debt. * 5+ years' of experience in sales. An entrepreneurial track record in selling a new product/data set is highly preferred. * Experience with selling capital markets Credit Risk Solutions preferred. If you're qualified and interested, please apply to find out more about the position.

Negotiable
London
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Senior Software Engineer, Core Prime Brokerage

Senior Software Engineer, Core Prime Brokerage Digital Assets Prime Brokerage (Fintech) Office in London, UK (Remote flexible) A global fintech are currently seeking a talented and experienced SWE to join their team and play a crucial role in building the firm's real-time event processing system (ie clearing sub-ledger) Responsibilities Design, develop, and maintain the core infrastructure and systems for our prime brokerage platform, including trade execution, position management, risk monitoring, and reporting modules. Build robust systems for managing the entire trade lifecycle, from order routing and execution to settlement and reconciliation. Identify performance bottlenecks and optimise system components for maximum throughput, low latency, and high reliability. Be a thoughtful technical voice and support your team in making diligent and sound architectural decisions, upholding the highest bar for quality Maintain adherence to SLAs/SLOs Knowledge, Skills & Abilities At least 8 years of experience in software development/engineering Bachelor's degree in Computer Science, Engineering, Finance, or related field. Strong proficiency in programming languages such as Java, C++, or Python Familiarity with industry-standard technologies and protocols, including FIX protocol, market data feeds, and order management systems. Experience in building and managing distributed systems and high-throughput services Background in real-time transaction processing within trading, risk management, or web2.0 companies (large-scale transaction/event-processing systems: trading systems, risk management systems, pricing systems) Grit, drive and strong feeling of ownership coupled with collaboration and leadership Intuitive, focused, driven, organised, factual and productive; able to break through communication issues and effectively develop relationships with stakeholders across the firm Nice to have: Previous experience at a fast paced, high growth stage company Nice to have: Experience with digital Assets. Apply Now!

Negotiable
London
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Senior Software Engineer, Connectivity

Senior Software Engineer, Connectivity Digital Assets Prime Brokerage (Fintech) Office in London, UK (Remote flexible) A global fintech are currently seeking a talented and experienced Connectivity Software Engineer to join their team and play a crucial role in integrating new digital asset and traditional exchanges into their trading platform. The successful candidate will have an understanding of cryptocurrency exchange APIs and FIX protocol Responsibilities: Lead the integration of new exchanges into our trading platform, ensuring seamless connectivity and functionality. Collaborate with exchange partners and third-party vendors to implement and maintain API connections Develop custom solutions and tools to automate exchange integration processes and streamline trading operations. Test and validate exchange integrations, including order execution, order book management, and trade settlement, to ensure reliability and compliance with regulatory requirements. Monitor exchange API performance and reliability, identify and troubleshoot issues, and implement solutions to optimise trading efficiency. Work closely with internal teams, including software developers, product managers, and compliance officers, to prioritise and deliver integration projects on time and within budget. Knowledge, Skills & Abilities: 7+ years of Finance experience Bachelor's degree in Computer Science, Engineering, Finance, or related field. Proven experience working with exchange APIs and protocols, with a strong understanding of order execution, market data, and trade lifecycle management. Hands-on experience integrating digital asset exchanges into trading platforms, including API authentication, data normalisation, and error handling. Proficiency in programming languages such as Python, JavaScript, or Go for scripting and automation tasks. Previous experience working in the cryptocurrency or fintech industry is required. Strong problem-solving skills and attention to detail. Excellent communication and collaboration skills, with the ability to work effectively in a team environment. Apply Now!

Negotiable
London
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Network Engineer

We're seeking a skilled Network and Security Engineer to join one of the most elite investment managers, based out of Connecticut. In this role, you'll be responsible for maintaining and optimizing our network systems, including Cisco firewalls, Palo Alto devices, and voice communication platforms. If you thrive in a dynamic environment and have experience with Cisco and Palo Alto technologies, we'd love to hear from you! This role is a hybrid opportunity, working in the office Monday-Thursday, and can offer a competitive compensation package! Responsibilities: Network Infrastructure Management: Configure and maintain Cisco firewalls, routers, Ethernet switches, and SAN switches. Monitor and troubleshoot Palo Alto firewalls, reviewing logs and ensuring seamless connectivity. Unified Communication Systems: Manage Cisco Call Manager and related applications, including Webex integration. Troubleshoot connectivity issues across LAN, VoIP, and circuits. Off-Hours Support: Install and upgrade equipment outside regular business hours to minimize disruptions. Collaboration and Issue Resolution: Communicate effectively with IT staff and end users to resolve network-related issues. Requirements: Bachelor's degree in Computer Science, Computer/Electrical Engineering, Information Technology, or a related field. Minimum of 4 years of industry experience in network engineering. Proficiency in implementing and supporting various network technologies, with a focus on Cisco and Palo Alto solutions. Experience working with Telcos for circuit installations and troubleshooting. Strong troubleshooting skills and the ability to collaborate with vendor support for issue resolution. Excellent verbal and written communication skills to interact with end-users and understand their needs. Organizational and documentation skills to independently solve problems and manage time effectively Preferred: Familiarity with Cisco Identity Services Engine, Multi-Factor Authentication, SAML, Mobile Device Management, and cloud vendors (especially AWS). Understanding of network interactions with other IT systems. Previous experience in an MSP or Financial Firm. If you are interested in an exploratory conversation, please apply using the link!

US$130000 - US$160000 per year + + Bonus
Connecticut
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Trading Systems Engineer

Title; Global Support Trading Systems Engineer Compensation: $130k - 225k+ An elite high frequency trading firm is looking to bring on a Trade Support Engineer to their global support team for their Chicago based office. You'll be responsible for supporting and troubleshooting their proprietary trading systems along with their front, middle, and back-office systems. You will support multiple different trading teams across departments and the globe, as well as being involved heavily in application deployment, optimization, and system monitoring. As a Trading Systems Engineer you will responsible for: Providing technical troubleshooting assistance services globally and across departments Automating, establishing, and deploying efficient software and further monitoring and optimizing recovery and availability in trading systems. Troubleshooting incidents reported from users around the world such as identifying root causes promptly and providing resolution plans accordingly Developing proprietary process automation and monitoring tools while supporting core market connectivity Required Qualifications: 3+ YOE as a Trade Support Engineer or similar role Expertise in FIX protocol SQL; Python knowledge preferred. Linux & Windows Systems; Background with supporting large-scale electronic trading systems B.S. in Computer Science or equivalent degree If you match this profile and have an interest in the role then don't hesitate to apply.

US$140000 - US$225000 per annum
England
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Software Engineer (Python) | Quant Trading

Quant Developer/ Software Engineer (Python), Monetisation Technology Quantitative Trading and Investment Firm London, UK We are working closely with a quantitative trading and investment firm who have recently launched their London office, and are looking to expand their front office technology team. As a Quant Developer/ Software Engineer (Python), you will work closely with the quantitative, portfolio researchers and monetisation researchers to develop and improve the cutting-edge research and development platform, uncluttered by legacy platforms and processes. Role Details: Working closely with Monetisation researchers Develop and manage high quality, robust and efficient data and model pipelines Improve capabilities, performance, reliability, scalability and throughput of machine learning systems in a trading environment. Build automated tools to evaluate model performance Work closely with quantitative, portfolio researchers to improve the profitability of trading tactics Qualifications: 5+ years of experience in Machine Learning or Quant Finance Strong Python expertise is required, and C++ expertise is a plus. Quantitative background (eg: statistics, linear algebra, or calculus) and/or Pandas and Numpy expertise that allows close collaboration with researchers a strong plus Experience with data driven python pipelines, data/ML platform design production model evaluation, and/or MLOps a strong plus Portfolio optimisation / market impact models / optimal execution / transaction cost analysis a strong plus Experience with production front office trading systems is a plus but not required Industry Experience: no preference Non-compete: 6 or less is best but will consider up to 12 months Apply now for more information!

Negotiable
London
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Senior Network Architect

Qualifications: Minimum of 8 years' experience as a network engineer, with a proven track record of designing and building high-performance networks. Experience with building IDC from scratch. Strong understanding of hybrid cloud networking, including both public and private cloud environments. In-depth knowledge of networking protocols, including TCP/IP, MPLS, OSPF, BGPv4, and VRF. Familiarity with network security technologies, including firewalls, VPNs, and IDS/IPS. Responsibilities: Designing and building robust datacenter architectures that meet business requirements. Proficiency in network protocols and technologies, including TCP/IP, BGP, OSPF, VLAN, MPLS, QoS, and Multicast. Building resilient Internet connectivity solutions that are highly available and fault-tolerant. Proficient in using Python, Go and other development network automation tools, able to use advanced tools or systems to improve efficiency. Monitoring system performance using industry-standard tools such as SolarWinds, Nagios, or Cacti. Collaborating with cross-functional teams to troubleshoot and resolve network-related issues.

Negotiable
China
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Senior Data Modeller

Working environment: You will be part of The Finance & Risk Data Domain, and play an active role for all Finance and Risk departments. We do this by improving the data itself, data systems, and data processes. We work with an agile operating model. Our Finance and Risk Data Domain consists of 5 departments where the atmosphere is dynamic, open and informal. You will work in the Data Model and Control team as part of the Data Modelling team. The team consists of professionals with diverse backgrounds who are driven to take the Data Model to a structurally higher level. The atmosphere is open. We work hard, but there's plenty of room for enjoyment! Your profile: * You've successfully completed a higher professional education (Bsc.) or degree (Msc.) and you have 5 to 10 years of relevant work experience. * You are skilled and experienced in data modelling, at business, conceptual and logical levels, preferably also at a physical level. You have worked with and preferably created ER data models, or object-oriented models. * You are experienced in defining terms for a data lexicon. * You can explain the difference and relationship between a data dictionary and a conceptual or logical data model. * You are experienced in comparing and mapping data models. * You are experienced in information analysis, e.g. requirements engineering, and translating requirements into a conceptual data model. * Leadership and persuasion skills for building consensus across stakeholders. * You are able to understand complicated topics, and you can explain/present complicated topics in a structured and insightful way. * You have an excellent command of the English language both verbally and in writing. * You have demonstrable experience in the Financial Services Sector preferably in Banking. * You embrace the agile way of working. Benefits: * The ability to work flexible hours. * A good salary and an excellent pension scheme. * A hybrid-working environment. * A supplementary benefit budget of 11% with which you can buy flexible fringe benefits such as extra days off, a subsidy to cover the costs of a phone or an (electric) bicycle, and salary top-ups. * A personal development budget of โ‚ฌ1,000 per year. * Each year you receive 5 Banking for Better days which you can spend on personal development or someone else in society. * An annual public transport pass with free public transportation throughout the Netherlands. * The opportunity to proactively work on your vitality and fitness.

Negotiable
Amsterdam
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Financial Technology News & Insight

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

Best Cities for Fintech Jobs: Global Hubs Driving Financial Innovation

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

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

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

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

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APAC Financial Technology Salary Guide Image
financial-technology

APAC Financial Technology Salary Guide

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

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insurance-and-actuarial

Southeast Asia Salary Guide 2023

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

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

Market Report: Financial Technology (Mar 2020)

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

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

How Making the Right Fintech Sales Hire Impacts Your Bottom Line

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

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

Fintech Market Overview: Developments in North America

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

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