The Standard: London fintech firms recruit thousands more staff

The Standard highlighted Vacancysoft’s recent report on UK Finance Labour Market Trends, created in collaboration with Morgan McKinley.

Over three thousand job vacancies in fintech were advertised during the first quarter of 2024. As the industry has matured, roles in risk and compliance have experienced the most significant increase in recruitment, rising by over 85% in London. Risk Management is the fastest-growing role, with vacancies surging by 135% compared to 2023.

Victoria Walmsley, Managing Director at Morgan McKinley, said:

“As we navigate through 2024, the fintech sector is experiencing dynamic shifts in recruitment, driven by technological advancements, regulatory changes, and evolving consumer behaviours.

The continuous push towards digital banking and heightened cybersecurity threats are key drivers of these trends. The fintech sector is poised for sustained growth, with opportunities for remote and internationally diverse talent.”

Read the full article in The Standard.

The labour market data used in this press coverage was extracted from Vacancysoft Analytics. For more information or to book an interactive workshop, click here.

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