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Career Opportunities in Fintech in India in 2023?

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over 1 year ago

by Crescendo Global

Career Opportunities in Fintech in India in 2023?

India is one of the fastest-growing fintech markets in the world There are more than 6,636 fintech start-ups in India and industry is growing with a CAGR of 20% to reach a transaction value of $138 billion in 2023. It is estimated to reach $150 billion by 2025.

India’s digital economy is growing rapidly and the government’s push towards the growth of start-ups has helped accelerate growth in the digital space.

Nowadays, FinTech has become an industry buzzword. When financial products and services are delivered through the use of digital technology, it is called FinTech. The industry presents many Fintech Job opportunities for businesses to grow, innovate and expand.

It is the next big thing in India. This industry is growing at a very fast pace, so professionals need to know about the career opportunities in the FinTech industry. But with rapid growth comes a shortage of talent. Unfortunately, there are not enough qualified candidates to fill the positions. So, what are the top 10 Fintech career paths in India 2022? Here’s your answer!

 

Here is a list of the top 5 FintechCareer Opportunities in India
  1. Blockchain and Cryptocurrencies Developer

Cryptocurrencies are possible because of blockchain technology. This is just an electronic ledger that records all sorts of data and transactions more securely. It is very resilient to outside attacks. Payment management, land records management, contracts management, and more can all be done using it.

  • B.Tech Background

  • Coding in languages such as Python, C, C++, JavaScript and more.

  • Designing the customer experience with UI/UX concepts.

  • Establishing blockchain solutions with tech-based business models.

  • 2-10years (15- 50 LPA)

2.     Cybersecurity Analyst or Experts

Security is now a major concern for companies, and companies are willing to spend more to protect themselves. For fintech domains to combat malicious threats, there is a need for experts and specialists.

·       Incident investigation and response-ability

·       Governance, risk management, and compliance (GRC)

·       Tech Background

·       2-10 years

·       15- 50 LPA

3.     Quantitative Analyst

Business and financial decisions are made by quantitative analysts. To help them identify profitable investment opportunities and manage risk, investment banks, asset managers, hedge funds, private equity firms, and insurance companies all employ quantitative analysts. 

Applied mathematics and statistics aid quantitative analysts in solving financial and risk management problems. By developing and implementing complex models, they help firms make decisions related to investments, pricing and other business issues.

  • Knowledge of Machine Learning, Artificial Intelligence (AI) and Deep Learning

  • Proficiency in using query languages: SQL, Hive, Pig

  • MBA in Finance + Tech Background

  • 1-15 years

  • 10-35-70 LPA

4.     Risk and Compliance Officer

As regulatory, operational, and crime risks grow, financial companies need specialists to analyse, prevent, and mitigate them. A company’s Risk Compliance Manager is responsible for creating, reviewing, and implementing policies and procedures as determined by regulatory agencies. Audit and compliance managers are responsible for applying these requirements throughout a company. Their responsibilities will include working with external auditors to assess potential fraud activity, as well as developing fraud detection tools, and auditing the organization’s internal controls.

·       Bachelor’s degree in Finance/Economics/Accounting may be a minimum requirement for most FinTech firms

·       Desirable: Master’s degree in Compliance Management or Regulatory Compliance

·       Some US firms may ask for additional certifications such as Certified Compliance & Ethics Professional, Certified Risk and Compliance Management Professional or Certified Regulatory Compliance Manager

·       Knowledge of Anti-money Laundering (AML) andKnow Your Customer (KYC) may be required

·       2-15 years

·       15-60 LPA

5.     Financial Analyst or Advisor

As FinTech start-ups continue to grow, so will the demand for financial analysts who can manage and create budgets, assemble financial reports, run business studies, conduct analyses and make forecasts about future revenues and market trends. For some firms, they may also provide advisory inputs on areas such as stock splits and bond issues.

·       A Bachelor’s degree in Finance/Mathematics/Statistics/Economics/Accounting is usually the basic requirement

·       Desirable: Certified Financial Analyst (CFA) certification

·       1-10 Years

·       12-50 LPA

 

FinTech is already a trillion-dollar industry with a lot of investment going into it. So, is your dream job in Fintech? Find open opportunities on our website www.crescendo-global.com

About Crescendo Global

At Crescendo Global, we help people & organizations find a common purpose. We specialize in Senior level and Leadership hiring for our clients across India. We have built a culture of people passionate about changing other people’s lives. We focus on employee growth & learning and believe in the power of teamwork to do great things. Here, you have the opportunity to have a greater influence than many individuals do in their lifetime. Crescendo Global takes pride in uniting people through celebrations.

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