Best Remote Entry-Level FinTech Jobs in 2022

by James · August 30, 2022

FinTech is a mixed term that refers to technological advances that help streamline traditional financial processes with more agile digital processes. As you may have noticed, traditional finance has ground to a halt, but the new FinTech boom is now taking root. This rapid expansion of the FinTech sector is made possible by the young entrepreneurs with a more liberal mindset than their traditional counterparts. To compete effectively with FinTech startups, traditional firms need to change their thinking and structure their institutions to encourage innovation.

You have probably encountered FinTech services as a bank customer or a mobile banking platform. These companies range from banks to insurance companies that recognize technology as more than just a supporting infrastructure. To remain competitive and on the cutting edge of change, finance organizations are spending more than ever before to attract tech-savvy candidates who have an interest in finance.

Enrolling in the right financial technology program can equip you with greater understanding and advanced knowledge of the FinTech Ecosystem and Industry Insights, helping you break into the FinTech industry. Below are some entry-level remote jobs that can help jump-start your career in the FinTech industry:

Table of Contents

1. Blockchain developer

Blockchain technology is taking center stage as fintech companies continue to look for ways to remain competitive by reducing digital transaction fees. Blockchain and smart contract technologies have the potential to significantly increase user privacy while reducing the relevant enforcement costs. Financial institutions want to replace their existing financial market infrastructure with blockchain to improve the efficiency of settlement, settlement and transaction management.

You need strong hands-on technical skills to land a role in blockchain and smart contract engineering. For example, you will be responsible for developing, deploying and managing new EVM blockchains. You can also be responsible for developing and deploying smart contract solutions on already existing blockchain infrastructures such as Ethereum and Polkadot.

2. Artificial intelligence expert

Artificial intelligence plays a critical role in helping FinTech firms automate routine procedures and significantly improve results that would be impossible for human intelligence. This ultimately leads to increased efficiency and thus higher profits. As an artificial intelligence expert, you will help FinTech companies automate daily tasks, prevent fraud, identify threats and improve the overall quality of service.

3. Data scientist

As a data scientist in a FinTech firm, you should expect to use machine learning, statistical models and visualization techniques to help model complex analytical challenges and discover insights to identify new opportunities. You will work closely with financial analysts, data engineers and machine learning experts to build basic data models and investigate new algorithms that help improve financial forecasting. Not only will you work with business leaders to fix business challenges using a scientific approach, but you will also work with software engineers to put the new algorithms and data models to the test.

Final note

Although some employers may require you to have a technology-related degree to qualify for a FinTech role, this is not always the case. For example, if you’ve learned a few programming languages and can easily prove your competence, you’re good to go. Even if you have little knowledge of finance, your ability to keep learning and add new skills to your resume will be important, as most FinTech companies will provide you with additional training once you get the job.