Despite UK fintech funding dropping 8 per cent in 2022, the sector is still in good health and remains ahead of rival hubs in Europe and Asia, says industry body Innovate Finance. London’s firms attracted $10.2bn of investment funds last year, only a 5 per cent drop from 2021’s figure – and there are still plenty of fintech roles available.
The UK’s fintech industry continues to grow thanks to a combination of many factors, including London’s existing standing as a centre of financial excellence, globally respected regulatory frameworks, as well as good education and infrastructure.
Financial services contributed £132bn to the economy in 2019, which equated to 6.9 per cent of total economic output, and, according to Deloitte, the UK’s particular strengths include wealthtech (including PFM and cryptocurrencies) and payment technology, which account for more than 50 per cent of all firms.
What really marks the UK out from the rest of the world is the dispersal of opportunity. While London remains a superhub within the sector, one third of all fintech roles exist outside the capital, making the UK a true global innovator.
Opportunity knocks
Experts predict that growth rates within the sector will see the existing 1,600 companies already located within the UK double by 2030, creating opportunities across all levels in areas such as blockchain, compliance, financial management and software engineering.
The Growth Business job board is full of open fintech roles for those looking to progress within the sector. Below are five great leadership positions currently hiring across the UK.
Finance Director, Liberty Global, Leeds
As finance director with Liberty Global you’ll drive the business plan in an accelerated growth environment and be responsible for the finance function, organisation, processes and tools to ensure proactive, open, fact-based control of all financial aspects of the business. These include accounting, finance, tax, forecasting, cash management, risk management and strategic planning.
To apply, you will need a solid track record in running core finance related initiatives while driving positive growth and change, coupled with strong leadership skills and a tight cultural fit. Apply here.
Senior Software Engineer, S&P Global, Manchester
The senior software engineer at S&P Global plays a key role in the design, development and testing of world class loan applications, to include researching, designing, documenting, and modifying software specifications throughout the production life cycle.
You will be responsible for gathering and analysing business requirements and transforming them into innovative web application solutions that effectively facilitate and enhance product delivery in a service-based development environment.
To be considered for this role, you’ll need at least seven years’ in a Microsoft-centric development environment, with a proven track record of SOA and/or event-driven architecture and cloud technology. Interested? Get more information here.
Associate Director: Embedded Finance Sales, Lloyds Banking Group, London
As associate director of embedded finance sales with Lloyds Banking Group you will work in partnership with colleagues across the bank network to nurture and build a pipeline of opportunities as well as crafting opportunities in the market both in person and online.
You’ll be responsible for segmenting customer groups by target customer type, product offering, geography and operating model, developing go-to-market approaches appropriate to each.
You’ll need at least five years’ experience in embedded finance, and a proven experience in developing compelling sales propositions for, and establishing effective commercial relationships with channel and strategic partners to apply. Get all the requirements for this job here.
Senior Risk and Compliance Analyst, Global Payments, York
The senior risk and compliance analyst at Global Payments will serve as Deutsche Bank’s primary point of contact for all functions and processes within the client assurance team, oversee and drive coordination of all Deutsche Bank’s assurance requirements from responses to client queries, assessments and policy reviews, and be the primary subject matter expert on all questions relating to this client. As such, you’ll need to have at least three years’ experience in a similar role and have a strong understanding of emerging trends within the payments industry and issuer clients. Apply for this job here.
Senior Data Engineer, Spendesk, London
As a senior data engineer with Spendesk, you’ll write reliable ETL and data models to support reporting, product and operations needs, taking responsibility for identifying and driving projects with your teammates so that they can achieve their objectives as the company and the team grows.
To be considered, you’ll need at least five years’ experience as a data engineer and strong experience with data modelling, ETL processes, and data warehousing. Apply for this data engineering role here.
To discover more fintech roles from entry to senior level, check out the Growth Business job board.