HUMAN RESOURCES MARKET DEVELOPMENT IN THE FINANCIAL TECHNOLOGY INDUSTRY

Abstract

The development of digital financial technology industry affects changes in needs of the labor market, in the context of increasing demand for qualified specialists in the field of fintech. The paper highlights the main features of the personnel market in this field and the problems that cause a shortage of professional personnel in the sphere of innovative financial technologies. It is emphasized that a modern employee of the financial technology industry should have a variety of competencies, combining technical and “soft” skills, including analytical skills, proficiency in programming languages, understanding of financial principles and standards, the ability to use artificial intelligence tools, while remaining flexible, adaptive, sociable and to be ready to work in cooperation with colleagues. The situation of personnel “hunger” of such specialists in Russia and the main reasons for the emergence of such a deficit are considered. Various professions and a list of competencies which are necessary for successful career growth in various in-demand positions in the domestic market are discussed.