Fintech bucks Covid-19 hiring trend says Robert Walters

While hiring across the economy as a whole has taken a severe hit during the coronavirus pandemic, the UK’s fintech sector is bucking the trend, according to international professional recruiter Robert Walters.

In a report ‘Fintech: Challenger to Competitor’, the company paints a picture of a sector in rude good health, highlighted by a 20% surge in demand for fintech talent during the lockdown. 

The report lists a number of roles that have seen a year-on-year increase. Talent hotspots include regulatory compliance, + 56.7%; KYC (Know Your Customer) +51.9%; computer vision, + 85.9%; and machine learning, + 59.4%.

Tom Chambers, senior manager – technology at Robert Walters, says: “Fintechs have done a tremendous job of creating an entrepreneurial culture – encompassing fast-thinking and implementation, cross-department collaboration, true flexi and agile working, and soft-benefits geared around wellbeing.

“In no other industry does the product design, tech, marketing and finance departments work as seamlessly together as they do in a successful fintech company.

“As a result, they have been able to attract the kind of professionals that every company is in need of now – those who are hyper-aware of how to maintain a good work-life balance, solid tech proficiency, and staff who are passionate and dedicated towards achieving company objectives.”

According to Robert Walters, just 2% of jobs within the fintech sector immediately under threat as a result of Covid-19, versus 22% of jobs in the wider high-growth economy. The Robert Walters UK Fintech Salary Survey 2020 shares insight into what the hotspot roles are within the fintech market.

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