With the impact of climate change now becoming an ever-present reality, it is now being recommended that internal auditors globally make assessing the risk part of their purview, and within the UK specifically. Nonetheless, activity has been muted so far in 2024, with vacancies slowing down by 19.7% compared to last year.
Insurance companies are facing a myriad of challenges at a time when there is deep uncertainty in the industry and the global economy. Similarly, transformation projects have changed and now require a far greater focus on data and analytics capabilities. The trend toward digitalisation has resulted in companies embracing the cloud, and with each wave of transformation, the level of cost and complexity has increased.
London is witnessing a substantial increase in fintech job vacancies, spurred by renewed investor interest and technological advancements.
Fintech is dominating the UK financial services sector in 2024, emerging as the top-performing category for job openings. London is at the forefront of this growth, experiencing a significant 61% year-on-year increase in fintech job vacancies from January to April.
Fintech has emerged as the top-performing segment in financial services this year. If the current recruitment trends persist, fintech job vacancies in 2024 are projected to be 37% higher nationwide compared to the previous year. Technology roles dominate the recruitment landscape within the fintech sector, making up 41% of all job vacancies this year.