The Singapore Fintech Association introduced on Monday, July 20th, the creation of a jobs and grants portal to help jobseekers and employers within the fintech area.
According to the Business Times, a Singaporean information outlet, the portal at the moment lists over 500 job vacancies which might be unfold throughout six classes.
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These embrace info know-how, enterprise improvement, information analytics, administration and enterprise, account and finance, in addition to advertising and public relations.
The portal additionally contains details about grants which might be obtainable to firms and people within the fintech area, in addition to coaching alternatives for people working within the fintech sector. The portal
The Association launched the portal in an try and stability instabilities within the job market brought on by the coronavirus
The portal was reportedly launched in an effort to counteract the instability in job markets which have occurred because of the COVID-19 pandemic, in addition to to assist the obvious progress of the fintech sector that has resulted from the pandemic.
The affiliation mentioned in a media assertion on Monday that “amid the uncertainties and disruption from Covid-19, the FinTech sector in Singapore has shown resilience and is poised to bounce back quickly post-pandemic as financial institutions accelerate their digital transformation journey and as more customers adopt digital solutions.”
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Indeed, citing a June 2020 report by the Boston Consulting Group, the affiliation mentioned that the pandemic might have created extra job alternatives for fintech staff in the long run: investments in Singapore-based fintech corporations rose to S$650 million all through the primary half of the yr, representing a 19 p.c enhance.
This is probably going as a result of as banks and different conventional monetary establishments have confronted difficulties because of the pandemic, fintech corporations appear to be growing their numbers of purchasers.
Indranee Rajah, the Second Minister for Finance and Education, spoke in regards to the rising significance of the fintech sector in an announcement on the portal’s launch.
“Despite current challenges, FinTech has an essential role in ensuring digital acceleration for stakeholders both in and beyond the financial industry,” Rajah mentioned.
“We should not miss this once-in-a-generation chance to transform, so that Singapore businesses can emerge stronger in the post-Covid-19 world, and remain viable for years to come.”
The portal is obtainable the Singapore Fintech Association’s official web site.