With the rise of fintech companies in recent years, jobs in the financial network investment industry have become increasingly popular. Major tech firms like Google, Facebook, Amazon, etc have established dedicated fintech business units, while new startups focusing purely on fintech innovations have also emerged. As a result, compensation levels in fintech have seen robust growth. In this article, we will analyze the salary levels of various roles in financial network investment corporations.
Software engineers earn the highest salaries in fintech firms
According to industry data, software engineering roles command the highest salaries in fintech companies. This includes front-end, back-end, full-stack, and mobile engineers. With median base salaries exceeding $150,000 and total compensation crossing $250,000, engineering is the most lucrative function in fintech.
Quantitative analysts are also compensated at premium levels
Along with engineers, quantitative analysts or quants are also paid at premium levels by fintech employers. Their median salaries exceed $150,000. Quants build complex mathematical models, implement trading algorithms, and analyze huge volumes of data to drive business insights.
Product managers enjoy competitive fintech salaries
Product management is a critical role in tech companies and fintech is no exception. Strong product intuition coupled with business acumen is valued here. The median salary for fintech product managers is around $150,000.
Commercial roles also see healthy fintech pay packages
Sales, business development, partnership, and other commercial roles report median salaries in the range of $120,000-$150,000 in fintech firms. Candidates with prior experience in banking, consulting, or tech sales tend to fit such positions.
Operations and marketing roles lag behind in compensation
When compared to technology, product, and quantitative positions, supporting functions like marketing, program management, and operations tend to pay relatively lower in fintech. Median salaries for these roles center around $100,000.
In summary, software engineering, quantitative analysis, and product management are today among the highest paying fintech jobs, with median salaries exceeding $150,000. Commercial roles also command $120,000-$150,000 in median compensation. Support functions lag slightly behind.