The UK Faces A Shortage Of FinTech Experts

The UK Faces A Shortage Of FinTech Experts

While the financial technology sector is booming in the UK, the country struggles to recruit new talents in the field, as Business Insider (uk.busines

Barclays Opens Europe`s Biggest FinTech Site
UK And Hong Kong Watchdogs To Join Forces
The R3 Blockchain Consortium Gets A New Member

While the financial technology sector is booming in the UK, the country struggles to recruit new talents in the field, as Business Insider (uk.businessinsider.com) and cryptocoinnews.com reported.

Business Insider refers to data from job listings site Indeed.com, one of the world`s biggest recruitment websites. The stats show that mechanical and engineering project managers are on demand in British FinTech, with 31 percent vacancies going unfilled after 60 days, wrote Business Insider.

“Our data reveals that fintech firms are now engaged in a full-scale battle for talent. Despite offering attractive salaries, many fintech employers are struggling to recruit the people they need to grow.”, said Mariano Mamertino, EMEA Economist at Indeed in an interview with Business Insider.

“The fintech sector’s tightening labour market is a side-effect of its rapid growth. With stiff competition among recruiters, it’s a seller’s market for professionals with the most in-demand skills; they are now highly employable and can secure seize the opportunity to earn a big salary.”, explained Mamertino.

Business Insider lists the 10 hardest to fill positions in UK fintech, as per Indeed`s data:

Credit: Indeed; Business Insider

It remains to be seen how London will deal with talent shortage and the challenge of retaining its leading position as a financial technology hub after leaving the European Union, concluded cryptocoinnews.com.

Image Credits: Credit: Indeed; Business Insider

COMMENTS