The year of 2016 has seen the banking industry overwhelmed with news of redundancies and job cuts and analysts continue to warn of weakening economic conditions and uncertainty in the horizon. Despite this, technology professionals continue to be in demand as the banking industry rushes to adapt to digital transformation.
top 3 most in-demand banking technology jobs:
1. cyber security and technology risk
News of large scale fraud and cyber-attacks happening around the globe have spurred organisations to invest into safeguarding their digital assets. Institutions in the banking industry are turning to cyber security experts and demand for such talent continues to rise. Talent in technology risk management is also highly sought after due to increasing regulation that banks must be in compliance with.
- S$120,000 to S$240,000 per annum, excluding bonuses.
2. project managers and business analysts
Ever evolving consumer demands and needs are driving banks to undergo digital transformations to stay relevant in the industry. A massive surge of internal projects, both on technology and business functions, are driving banks to seek out capable Project Managers and Business Analysts to handle these regional, and sometimes global, projects.
- S$96,000 to S$180,000 per annum, excluding bonuses.
3. application developers
Rapidly evolving technology has been driving the banking industry to quickly adapt and make use of more efficient digital methods and processes to ensure they maintain a competitive edge. Moving away from legacy systems that are one-dimensional, banks are adopting new platforms and services that can work cohesively with each other to push out best-in-class products to market.
- S$72,000 to S$180,000 per annum, excluding bonuses.