12 Finance Tech Jobs (Plus Salaries and Duties)

The world of finance has transformed tremendously in recent years with the rapid evolution of technology birthing the new domain of fintech—the intersection where financial services and technology converge.

Technologies like peer-to-peer lending, robo-advisors, cryptocurrencies, investment management software, big data and online banking are taking the finance industry by storm.

Now, more than ever, business leaders need to focus on the customer journey. Companies today are seeking better ways to leverage technology to improve their products, services and processes. Through innovation, corporations can meet consumer and business expectations for convenience and personalization.

In the first half of 2018, companies invested $41.7 billion in fintech worldwide, surpassing the total record spend for 2017. Fintech is undeniably advantageous for organizations as technology continues to redefine our daily lives.

With the pressure to stay ahead of the competition and continually adapt, there’s a growing demand for STEM talent in finance who have the capabilities to manage disruptive technology. Fintech careers are emerging to help the industry reach new heights and drive organizational change.


What does fintech mean?

Fintech is a common industry abbreviation for finance technology. The career path focuses on creating new technology to advance and improve existing mechanisms within the finance industry. These services include personal banking, corporate investing, corporate accounting and individual wealth management. Its an emerging industry that focuses on technological innovation, the improvement of core operations and the delivery of financial services. Smartphones, cloud computing, artificial intelligence, machine learning and application programing are common elements of fintech innovation.

Sometimes, fintech organizations help financial institutions and technology companies that are seeking to innovative ways to update their existing financial services and abilities. Here are five major industries where you can find fintech jobs:


As access to technology expands, so does the need for data security. Finance technology jobs work to limit organizational and individual exposure to potential theft and fraud. For example, innovations in data security and advancements in app development can help secure contactless payment options and protect users from hacking and fraudulent charges. Fintech groups hire top-tier security professionals and aim to provide maximum data security for their clients.

Machine learning and artificial intelligence

Machine learning is part of an industry dedicated to building software applications that can adapt to become more efficient over time. This process involves programming that allows machines to interpret data and learn from those interpretations. The machines are highly advanced and designed to become more effective and accurate over time without the need for updates or reprogramming.

Machine learning in fintech has led to to the automation and streamlined effectiveness of traditional financial services. People in finance technology roles create and design machine learning systems to improve loan analysis and approval, fraud detection and prevention, regulatory change management and customer service interactions.

Product design

New software, smartphone applications and other technological interfaces are developing at a rapid pace. In response, demand for innovative approaches to the design, release and user experience for these products has also grown. For these reasons, product design is a critical component of many finance technology jobs.

User experience

User experience, also referred to as UX, focuses on how the end-user interacts with a company and its product and services. Positive user experience is critical to the adoption and success of new technology and emerging innovation. Fintech professionals strive to create apps and software that end-users can easily use without much instruction.


Using financial technology, companies can automate and improve operations in a variety of departments. Using financial technology, companies and organizations are able to automate crucial operational processes and provide faster services to their customers. This improves productivity speed and reduces the possibility of costly errors.

For example, banking operations generate massive amounts of data every day. To facilitate daily operations—like transactions, audits and investments—banks must first process this data. Making these operational changes increases productivity, improves speed and minimize errors, which are likely to increase customer loyalty and client retention.

12 lucrative finance tech jobs

Here are 12 high-paying fintech careers that might interest you:

Primary duties: A compliance specialist ensures financial organizations follow banking and trading requirements, including anti-money laundering, know-your-customer and anti-bribery and corruption. They manage the day-to-day oversight of an organizations compliance program and ensure adherence to legal and industry standard rules.

Primary duties: A cybersecurity specialist implements technologies to ensure secure consumer and client data. They protect people and companies by designing, communicating and implementing best practices and technological processes across business platforms. A cybersecurity specialist also participates in all security-led projects from start to finish and collaborate with various other departments and teams, including information technology, user experience, customer support and engineering.

Primary duties: An application developer designs and improves application features and functions based on client requirements. People in this career collaborate with the development team and other IT staff to define the specifications for new applications, code programs and complete projects on schedule.

Primary duties: An automation engineer delivers highly efficient solutions for software processes. People in these roles work identify and correct issues within implementation or automation. Their work regularly involves reviewing and improving hardware and software, and they often automate services and other business processes.

Primary duties: UX designers, also known as user experience designers, measure and optimize applications. They often work with web- and cloud-based systems to improve ease of use. They aim to create the best user experience possible by exploring different approaches to solve end-users problems. UX designers work closely with users to understand their usage and behavior regarding mobile, computer and cloud based applications. They also refine those programs for optimal end-user adoption and satisfaction.

Primary duties: A full stack developer is a computer programing professional who is proficient in both front- and back-end coding. They design interactive tools on customer-facing websites and develop servers and databases using computer coding languages. Primarily, they work to ensure the functionality of websites and mobile apps. Full stack developers design entire projects and work with various team members to see that the correct configurations and programming methods are used to complete each stage of development within a project.

Primary duties: A Salesforce developer manages the technical implementation of Salesforce products within an organization. They often hold meetings with project managers to develop and analyze project goals and objectives, and they design and deliver Salesforce applications to help resolve or respond to those goals and objectives.

Primary duties: A risk management specialist assesses data and statistics to make recommendations for managing and mitigating an organizations operational risks. They analyze metrics, review financial data and read other information and reports relating operations and compliance. Risk managers often work with other staff members to assess and interpret potential internal and external risks. Their jobs also include drafting and delivering reports and presentations outlining their findings and recommending solutions regarding those potential financial risks.

Primary duties: A cloud engineer is an IT professional who designs cloud-based systems for businesses. They develop and implement cloud applications and troubleshoot or debug potential problems. Cloud engineers design unique cloud solutions for companies. Additionally, their jobs may include consulting on new cloud technology and innovation can help improve productivity and efficiency.

Primary duties: Salesforce technical leads are responsible for the delivery of Salesforce solutions for outside clients and client companies. They are test product designs and collaborate with clients to ensure that the Salesforce product meets their needs and the functionality of the product is a good fit for those using it within the client company.

Primary duties: A machine learning engineer develops self-running artificial intelligence software to automate predictive machines. They design mathematic algorithms and create adaptive software to resolve global or organizational challenges.

Primary duties: An AI strategy director is responsible for advising clients and offering technological guidance. They provide high-level strategies and use artificial intelligence to improve multiple aspects of business and operations. AI strategy directors also help design their companys artificial intelligence strategy regarding managing risk, assisting employees, storing data and protecting confidentiality.

Please note that none of the companies mentioned in this article are affiliated with Indeed.


What does a finance Tech do?

Finance technicians complete detailed tasks that help support an organization’s accounting system. They perform activities related to accounting, auditing, budgeting and record-keeping for a company’s financial department. An accountant or analyst oversees the financial technician’s work.

Is FinTech a good career?

A 2020 report from Research and Markets found that the global fintech market is expected to grow at a compound annual growth rate (CAGR) of around 20 percent between 2020 to 2025, reaching a whopping $305 billion in value by the end of that period.

Does FinTech pay well?

How much does a Fintech make in USA? The average fintech salary in the USA is $125,006 per year or $64.11 per hour. Entry level positions start at $92,460 per year while most experienced workers make up to $183,873 per year.

What is the most high paying job in finance?

Highest paying finance jobs
  1. Investment banker. National average salary: $66,784 per year. …
  2. Information technology auditor. National average salary: $101,751 per year. …
  3. Compliance analyst. National average salary: $59,016 per year. …
  4. Financial advisor. …
  5. Insurance advisor. …
  6. Financial analyst. …
  7. Senior accountant. …
  8. Hedge fund manager.

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