Over the past decade or so, particularly after the general proliferation of smartphones at the consumer level, the global banking industry has been disrupted by startups implementing innovative and sometimes revolutionary financial technology platforms. These applications have transformed the way many consumers use banking and financial services, to the point where some traditional banking has become outdated and practically obsolete.

Developing the fintech used by these new banking platforms requires the services of specialized software developers and engineers. Fintech engineers combine the sophisticated skills of a software developer with the insight of dedicated data analysts to create user experiences that transcend the traditional conventions of an outdated, autocratic banking system.

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From the hiring kit:

SALARY RANGE

According to ZipRecruiter, the salary for a fintech software engineer in the United States ranges from about $41,500 per year to around $201,000 per year. The average salary is approximately $117,000 per year.

DETERMINING FACTORS, DESIRABLE PERSONALITY TRAITS AND SKILLSETS

At its core, the job of a fintech engineer is essentially that of a specialized software engineer. The most successful fintech engineers will have excellent software development skills and experience, be well-versed in industry standard programming languages (C++, C#, Java, Python, Ruby, etc.) and have experience creating intuitive and interactive user interfaces. Experience developing fintech platforms will be a plus, but may not be a realistic expectation for many candidates.

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