The damage dealt with other industries by cybercriminals is equally staggering, meaning that a cybersecurity expert can easily expect to find a job in any of the spheres mentioned above.
Blockchain and distributed ledgers as the new trend for financial services
Probably the talk of the decade, blockchain is discussed by countless experts, yet much fewer can make it work for the particular environment.
An expert with blockchain knowledge will be asked to build platforms for money transfer (both crypto and fiat), smart contracts, advanced data management, and so forth. A skilled blockchain developer can secure a deal that pays from $100,000 to $250,000 annually, although we were unable to find a solid proof for the latter figure.
Jobs in Fintech startups
The number of Fintech startups is growing so the demand for Fintech professionals. Startups make it easier for those having Fintech certification to get their dream job.
Soft skills get more value for most IT jobs
While there's a substantial list of what you can do to succeed in financial technology jobs, the nature of the industry demands that you have your soft skills well-developed. Fintech originated from the spirit of innovation and versatility, brought to the business by startups, and the soft skills of the employees are given huge importance on a daily basis. Here are some that one would most likely encounter in most of the Fintech careers ads:
- Openness. As a manager, you have to be as open with other employees as possible. As a developer or engineer, the same thing is always preferable. An open person can communicate better, seek assistance faster, and thus deal with problems far more efficiently than a guy who likes to do everything by himself.
- Problem-solving. An employee solves a ton of issues on a daily basis, one may say. This concept, however, circulates the mentality. An employee must be proactive and seek opportunities to improve on existing results. Quick thinking is a crucial part of problem-solving, as it allows no time for hesitation or panic — only determination and cold analysis of the destination.
- Communication. A derivative of openness. It means how well the person integrates with the team both on and off the actual working process. Communication allows more efficient collaboration of the departments and teams, thus granting bigger benefits at the end. It is imperative to build strong bonds within the team, so each employee is ready to take on any challenge for themselves and for "that guy next to them."
- Transparency throughout the organization. A concept that applies more towards managerial staff. The age of startups made traditional management obsolete. Nobody will appreciate secrecy, or worse treatment just based on position. Today's mentality is about CEOs being equal to junior developers on a human level. When managers are openly discussing casual stuff or project details with everyone else despite their position, it creates a bond within the team that is highly beneficial for the company.
- Adaptability. The atmosphere and workflow of a Fintech startup inevitably mean issues that one will need to tackle regardless of their skill or position. Versatility and ability to adapt is critical for an employee to move further up the career ladder within startups or other highly digital environments.
Fintech salaries are rising due to the demand in Fintech jobs that is constantly growing. Indeed research shows that the most high-paying jobs in the Fintech industry embrace management roles, project owners, software engineers and architects, sales and obviously C-suite.
All in all, why should you strive to work in financial technology? The truth is that financial institutions, investment banks and other Fintech companies are in a hunt after professionals who are highly-skilled and valued. In our modern world it’s just crucial to be an expert in a peculiar, narrow field. If you want to get a job in Fintech, master both hard and soft skills we’ve talked about in this blog and go ahead!
If you are on another side — not looking for a job, but looking for someone to work for your startup — contact inVerita. We have component professionals who can help you with technological challenges you face right now.