Close Menu
fintechbits
  • News
  • AI
  • Acquisitions
  • Trends
  • Insights
  • Rumors
  • Startups
  • finjobsly

Subscribe to Updates

Get the latest news from Fintechbits.

Trending Now

A rapidly expanding fintech amid high valuations and future profits

July 25, 2025

The surge towards digital currency and the looming presence of surveillance: finding your way through the complexities of Fintech.

July 25, 2025

Clowd9 encourages the development of Lagos fintech in London

July 25, 2025

Yandex Türkiye launches tools for travel and AI financing.

July 25, 2025
Facebook X (Twitter) Instagram
Trending
  • A rapidly expanding fintech amid high valuations and future profits
  • The surge towards digital currency and the looming presence of surveillance: finding your way through the complexities of Fintech.
  • Clowd9 encourages the development of Lagos fintech in London
  • Yandex Türkiye launches tools for travel and AI financing.
  • Alset AI commends Hénon’s introduction of the IA inauguration toolkit for finance
  • Intuit Inc. is introducing new AI features and financial management tools for its Enterprise division to boost growth for mid-market companies.
  • Tipalti’s Layoffs of Workers in Israel and Internationally
  • AI in finance: rapidity, scope, and personal connection
Facebook X (Twitter) Instagram Pinterest Vimeo
fintechbits
  • News

    This Week in Fintech: Biweekly News Summary for June 24

    July 19, 2025

    Fintech and Global Expansion as Russia’s National Center Hosts a Major Session at SPIEF 2025 in Salt Lake City News, Weather, and Sports Updates

    July 15, 2025

    Alona Shevtsova emphasizes the importance of connection at the recent London Fintech Club event – London Business News

    July 15, 2025

    Unicorn Bank Zero represents the final achievement of his fintech journey.

    July 9, 2025

    Fintech Company Pine Labs Submits Documents to SEBI for IPO Fundraising

    July 4, 2025
  • AI

    Yandex Türkiye launches tools for travel and AI financing.

    July 25, 2025

    Alset AI commends Hénon’s introduction of the IA inauguration toolkit for finance

    July 24, 2025

    Intuit Inc. is introducing new AI features and financial management tools for its Enterprise division to boost growth for mid-market companies.

    July 24, 2025

    AI in finance: rapidity, scope, and personal connection

    July 24, 2025

    AI Agents Present Awards for Financial Services While Upholding Human Values

    July 24, 2025
  • Acquisitions

    African fintech leaders are shaping the industry through worldwide acquisitions.

    June 30, 2025

    Acrisure obtains significant funding to enhance its fintech strategy.

    June 14, 2025

    $200 million IPO SPAC aims for acquisitions in fintech and AI sectors.

    June 1, 2025

    Wealthsimple hires multiple teams to enhance family financial management.

    May 31, 2025

    The HPS of Morocco plans to acquire a Fintech company by 2027, referred to as CEO – TradingView News.

    May 3, 2025
  • Trends

    European fintech company Tractial boosts its Bitcoin holdings to 25.03 BTC, highlighting trends in institutional cryptocurrency adoption.

    July 24, 2025

    Impacts of Q2 2025 Success for QCR Holdings Compared to Revenue Shortfall: A Disconnect in the Fintech Sector

    July 24, 2025

    Trends in Fintech and Key Safety Considerations

    July 22, 2025

    Market size, share, trends, and business profiles in the Fintech industry

    July 10, 2025

    Overview of the FINCH 2025 Market and Participant Profiles

    July 5, 2025
  • Insights

    Bruce Markets obtains strategic investment from Apex Fintech Solutions, Robinhood, and Tastytrade.

    July 23, 2025

    ICAPITAL Fintech Achieves a Valuation Exceeding $7.5 Billion in Recent Fundraising Amid Surge in Private Markets

    July 10, 2025

    Alphalésaka Technologies: The Potential Transformative Impact of Recent Fintech Acquisition

    July 9, 2025

    Surge Continuation Funds in Europe Prepared for the 2025 Records – Fintech Schweiz Digital Finance News

    July 7, 2025

    Schaeffer Investment Research Scholarships Break Through Significant Resistance Levels

    June 27, 2025
  • Rumors

    A rapidly expanding fintech amid high valuations and future profits

    July 25, 2025

    Fast Track Group refutes $37 million in direct supply allegations and responds to market speculation.

    July 21, 2025

    Pro-Ripple attorney addresses XRP and Circle speculation on TradingView News

    July 19, 2025

    Exploring the Enigmatic Surge of 7.5% in Semiconductors: An In-Depth Technical Analysis

    July 18, 2025

    The dollar is affected by speculation about Powell in the markets.

    July 17, 2025
  • Startups

    Clowd9 encourages the development of Lagos fintech in London

    July 25, 2025

    Tipalti’s Layoffs of Workers in Israel and Internationally

    July 24, 2025

    Abu Dhabi-based Fintech Company Synervest Secures $4 Million in Series A Funding

    July 24, 2025

    The London-based Fintech Platform Secures Significant Funding for Currency Exchange Solutions

    July 23, 2025

    CSUF Business Graduate Launches Finch Startup

    July 23, 2025
  • finjobsly
fintechbits
Home » Trends, challenges and the future of talent recruitment
Jobs Market News

Trends, challenges and the future of talent recruitment

5 Mins Read
Facebook Twitter Pinterest Telegram LinkedIn Tumblr Email Reddit
Img 6314.jpg
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link

CXOTtoday engaged in an exclusive interview with Deepraditya Datta, Founder, Venator Search Partners

  1. What trends are you currently seeing in the recruitment of CXOs and board members in the banking sector? How do these trends differ between traditional banks and FinTech companies?
    1. Recent trends are very much aligned with the digitalization of the sector.
    2. Before, we applied for a loan. Today you have a pre-approved loan based on analytics. The “Risk” function has been completely overhauled. Traditional skills are obsolete, for all practical purposes the core work will be done by AI, you won’t need a human.
    3. Likewise, a certain number of functions are redefined.
    4. These are indeed very different from traditional recruitment. New age skills do not exist and are not a sunrise phenomenon. You often have to rely on the closest partner or a different vertical such as insurance, FMCG or technology companies to find talent.
  1. How has the emergence of FinTech changed the landscape of executive recruitment in the banking sector?
    1. The age ranges in FinTech are alarming and I use the word “alarming” consciously as financial services is a regulated industry. With the exception of a few large, well-formed organizations, most of them have fairly young founders and a very young team underneath. Executive Search has a limited role to play. However, most of these organizations are funded and often investors determine some key hires.
    2. A large part of FinTech works in payment solutions and banks had much of this talent pool. We have seen many bankers turn to FinTech for the excitement of working on something new, coupled with high cash flow and wealth creation opportunities.
  1. In your experience, what are the key qualities that banks and FinTechs look for in their management teams?

Skill sets may be very different from those sought, while leadership qualities are often common. It revolves around the quality of leadership, the ability to play as a team, stakeholder management, strategic thinking, the ability to work with ambiguity, the ability to evolve, orientation towards processes, which would be key traits apart from core traits like integrity, self-motivation, etc. A visible difference in approach. Banks will look for talent who has “been there and done that”, while FinTechs will look for someone “who can do it”.

  1. As Venator looks to tap into the FinTech segment, what specific challenges do you expect in recruiting top talent for these companies?
    1. All senior hires are a challenge, simply because they are different in nature. We exist because there are challenges!
    2. When it comes to attracting credible talent to the sector, one of the main challenges remains FinTech. Banking industry achievers feel comfortable in a stable industry like banking, while Fintech has gone through some ups and downs. It’s a small percentage of Fintech that ultimately makes it successful.
    3. Age range is another barrier we often face when hiring Fintechs. An overly old individual is unlikely to have full experience with limited years of experience and will not adapt to young people.
  1. How do you assess cultural fit when placing leaders in the fast-paced FinTech business environment?

Culture is subjective. It’s not necessarily measurable. We call it our secret sauce. We have our means of evaluating based on parameters that differ on a case-by-case basis. We have rarely been wrong on this point.

  1. What unique challenges do private banks and NBFCs face in attracting high caliber executives compared to large financial institutions?

The big one always attracts while the small one is beautiful as they say. It takes time to climb the ladder in a large organization. It takes more than exceptional performance to reach the top. Whereas in a smaller organization, one can think about a bigger role much earlier in their career. This is exciting for young aspirants. High achievers are often impatient and have high aspirations that lead them to pursue positions in smaller, larger, strategic organizations.

  1. How do you see the role of private banks evolving in the fintech era, and what implications does this have for recruiting?
    1. There is no conflict between banks and FinTech. They are certainly not threatened by each other. Banks will partner with FinTechs. Talents will move between the two entities and see movement in both directions.
    2. One of the impacts we have seen and hope to see in the future is the increase in compensation. In order to attract and retain talent, FinTechs pay higher salaries. This comes in the form of higher cash compensation and stock options. This will continue to drive compensation levels higher until the markets correct at a later date.
  1. In your opinion, which technological advances will have the greatest impact on the recruitment process for banking and FinTech executives in the years to come?

AI is expected to be a game changer in recruiting. The basic work should be taken over by AI, which will bring more efficiency. This can be up to 70% of the hiring process depending on the processes. Balance requires human intervention. When it comes to leadership, the personal touch remains key. This is essential for the level of engagement. At the beginner and intermediate level, recruitment will necessarily be largely automated.

  1. How is Venator adapting its recruiting strategies to align with the rapidly evolving fintech landscape?

We have completely moved to the SalesForce platform since 2018. We are adopting more and more of it. We use AI in various parts of our process without compromising the quality of delivery. In the future, we will adopt technology where our clients and candidates will see us very differently. We will share these plans in the future.

  1. How important do you think diversity in leadership is to the success of traditional banks and fintech companies?

I firmly believe in letting the best get the job. When we say “diversity and inclusion,” we accept that something is missing. This is no longer true. We were going through a period of socio-economic change when women began to work. Today it is a norm. Performance should be the factor and no longer gender.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Transitioning to Content Creation After Leaving My FinTech Job

July 24, 2025

The field of fintech engineering is a fast-growing profession that values curiosity.

July 23, 2025

DBS Expands Career Coaching Access in Labor Market

July 22, 2025
Leave A Reply Cancel Reply

Latest news

A rapidly expanding fintech amid high valuations and future profits

July 25, 2025

The surge towards digital currency and the looming presence of surveillance: finding your way through the complexities of Fintech.

July 25, 2025

Clowd9 encourages the development of Lagos fintech in London

July 25, 2025
News
  • AI in Finance (1,396)
  • Breaking News (158)
  • Corporate Acquisitions (65)
  • Industry Trends (181)
  • Jobs Market News (295)
  • Market Insights (192)
  • Market Rumors (254)
  • Regulatory Updates (152)
  • Startup News (935)
  • Technology Innovations (155)
  • X Feed (1)
About US
About US

FintechBits is a blog delivering the latest news and insights in fintech, finance, and technology. We cover breaking news, market trends, innovations, and expert opinions to keep you informed about the future of finance

Facebook X (Twitter) Instagram Pinterest Reddit TikTok
News
  • AI in Finance (1,396)
  • Breaking News (158)
  • Corporate Acquisitions (65)
  • Industry Trends (181)
  • Jobs Market News (295)
  • Market Insights (192)
  • Market Rumors (254)
  • Regulatory Updates (152)
  • Startup News (935)
  • Technology Innovations (155)
  • X Feed (1)
Happening Now

November 28, 2024

“ Intentionally collaborative ”: how the Rotman school of U of T leads Innovation Fintech

February 6, 2025

‘1957 Ventures’ to Drive FinTech Innovation in Saudi Arabia

September 10, 2024
  • About FintechBits
  • Advertise With us
  • Contact us
  • Disclaimer
  • Privacy Policy
  • Terms and services
  • BUY OUR EBOOK GUIDE
© 2025 Designed by Fintechbits

Type above and press Enter to search. Press Esc to cancel.