Financial Services Salary Guide

Market Update Banking & Fintech

Phillip Bailey

phillip.bailey@thejssgroup.com

Josh Spoor

josh.spoor@thejssgroup.com

Over the past 12 months, SME-focused challenger banks and payments platforms have continued to scale, outpacing Tier 1 institutions through lean operating models and faster decision-making. While larger banks have remained focused on restructuring and cost control, SME specialists have invested in finance teams to support growth across lending and merchant services. Hiring slowed through much of last year as interest rate uncertainty drove a rise in fixed-term and interim solutions. As confidence returns in early 2026, many of these roles are now converting into permanent mandates — particularly for integration- focused accountants and systems-led finance professionals who can support growth with lean teams.

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