What’s it like to work in the FinTech industry?

Posted on 14 December 2021 • Business, management and finance, Career planning, Jobs, internships and work experience, Labour Market Information

Still discovering where your OU study may take you or are you already exploring career pathways? Ever thought about the rapidly-expanding world of the technology-driven innovative financial sector, or ‘FinTech’ for short? We asked the NatWest Rapid Cash‘s CEO, Julie Ashmore Dann, to give us the low-down on careers in this exciting growth sector:

Find out more about careers in business, IT, engineering, design and technology on Careers with your OU subject and check OpportunityHub regularly for new opportunities. You can also explore the wide range of graduate programmes, internships and opportunities offered by NatWest.

Many people think that careers in finance are for maths or economics graduates. This simply isn’t true.

Julie Ashmore Dann, CEO at NatWest Rapid Cash

Innovative careers

A career in FinTech means you’ll get a chance to work in a fast-paced environment that’s constantly changing, where no two days will ever be the same. FinTech companies offer customers innovative solutions using cutting-edge technologies such as Machine Learning (ML), Artificial Intelligence (AI), Big Data and Robotic Process Automation. This had led to a huge demand for graduates with skills and know-how in digital technology, marketing, and communication.

Diversity and agile career growth

Thrive in fast-paced environments? Looking to gain new skills quickly? Growing FinTech firms look for ambitious graduate candidates who can bring new ideas to the table. Teams of people with diverse backgrounds, as well as skills, are more productive. That means FinTech companies are known for recruiting a wide range of people who can bring a range of experiences and perspectives to the team. In the agile world of FinTech, you’ll get to experience many different, exciting areas outside of your core job role. Many FinTech companies are quick to reward employees with promotions and career development opportunities.

Wide range of job prospects

FinTech companies need a broad range of skills from data analysis to cybersecurity, banking to accounting, business management to marketing. Roles include:
– FinTech Developers code and build core products and services.
– Business Development Managers oversee business growth from product launch through identifying new customer bases to marketing and finding ways to increase profitability.
– Data Analysts collate and analyse customer data to improve the product and service quality and provide the best customer experience.
– Cybersecurity Specialists ensure that all data is protected by identifying and eliminating security threats and vulnerabilities.
– Risk Managers oversee all risk areas such as IT security, disaster recovery, fraud, and more, creating strategies to manage these risks in a safe and streamlined process.
– UI/UX Designers make products user-friendly, easy to navigate and attractive.