1H 2023 Tech Job Report
Finance and Banking
Analyzing Tech Job Postings January–June 2023
Key Trends
Overall, tech hiring in finance and banking is a mixed bag, with some sectors seeing modest to significant growth, even as others faced modest drops so far in 2023.
With increased focus on data privacy and fraud protection, competition is still fierce for tech professionals with artificial intelligence (AI) and machine learning (ML) experience.
The collapse of Silicon Valley Bank (SVB) didn’t make a dent in tech hiring at banks; finance and banking at large continues to drive strong demand for tech talent — the fourth-highest of all industries during the January–June period.
Finance and Banking Tech Hiring Tips
1
In regulatory situations where you may not be able to offer remote or hybrid work, you can still attract candidates with benefits such as strong health insurance plans, highly competitive 401(k) programs and the stability of working in an extremely well-established industry.
2
Begin building out a list of tech professionals who combine a finance background with cybersecurity expertise, as these candidates are particularly high-value within highly regulated environments that depend on sensitive data.
3
With companies looking to upgrade to seamless, high-quality website and product experiences, seeking out tech professionals who have mastered UI/UX design alongside other skills can set you up for success.
4
Tech professionals who are skilled in popular programming languages instrumental for data analysis and cloud services such as Amazon Web Services (AWS) and Microsoft Azure will continue to hold major value for finance and banking companies.
We hope you enjoy reading through our 2023 Tech Jobs in Finance and Banking Report and, more importantly, that you’re able to attract and win the tech talent your organization needs.
And remember, when you’re ready for some expert help with your tech recruiting, Dice is here. Fill out the contact form and we'll be in touch.