Fintech
Remote fintech jobs that pay $200,000+
Are the days of high-paying remote jobs in the financial sector over? Not yet, but there are worrying signs. High-paying remote jobs are down 60% according to a study by the remote work site Ladders, but what effect has all this had? fintech?
Click here to subscribe to our fintech newsletter 🤖
Banks and hedge funds have always done this he gave priority to the officebut fintech does historically was the exception. Many of the largest, highest-paying companies work remotely first, while others have a high percentage of roles available for remote workers. We’ve looked at the top 21 on our list of fintechs that pay moreanalyzing the number of roles advertised as open to remote workers.
Remote-first software engineers will be happy to know that the two highest-paying fintechs for engineers are still remote-first. But while Plaid AND Offshore they might pay well, but there are only 41 jobs currently open in total, so getting in won’t be easy.
When we looked at these figures in August last yearjust under 50% of jobs Band they were available remotely. Now, while jobs skyrocket, that figure fell by nearly 10 percentage points. At Monzo, the highest-paid fintech in the UK, the share of remote jobs fell by more than 20 percentage points. Coinbase It’s hiring many more people, but, surprisingly, its remote work rate has dropped by 50 percentage points.
Fintechs that offer next-to-no work-from-home options include incumbent supporters of Robinhoodand the Carta equity management infrastructure platform. Carta has been adamant about its incumbency position since bringing staff back from covid, while Robinhood has accelerated its incumbency push in recent years. Robinhood staff generates a really high amount of revenue per employeeso maybe he can afford to pay for office space.
Beyond employee satisfaction, there are other reasons why employers might opt for remote work. For example, pay transparency laws in New York and San Francisco (where many of these fintechs are based) don’t necessarily apply to remote jobs, meaning employers can omit them and potentially offer lower pay. Many, like Stripe and ServiceTitan, post salary information anyway.
Ultimately, the value of a role, good or bad, goes far beyond whether it is remote. Glassdoor reviews for Robinhood in 2024 praise the “opportunity to learn” from “really solid people,” but criticize the work-life balance. Plaid reviews, meanwhile, say the work-life balance is “not crazy” with “lots of professional growth opportunities,” but collaborating with teams from different regions can be frustrating. Stripe guarantees its teams they are fully hybrid/on-premise or fully remote, to compensate for this.
Do you have a confidential story, tip or comment you’d like to share? Contact: +44 7537 182250 (SMS, Whatsapp or voicemail). Telegram: @SarahButcher. Click here to fill out our anonymous formor email editortips@efinancialcareers.com. Signal also available.
Please bear with us if you leave a comment at the bottom of this article: all our comments are moderated by humans. Sometimes these humans may be sleeping or away from their desks, so it may take a while for your comment to appear. Eventually it will, unless it is offensive or defamatory (in which case it won’t).