UK Finance Hiring Shifted Toward AI, Data, and Compliance Skills
In 2025, UK financial firms posted 12% more job openings, reflecting a significant shift in hiring trends toward roles focused on artificial intelligence, data, and compliance. According to recent findings from Morgan McKinley, this trend indicates that London’s finance job market is increasingly resembling the technology sector.
Rise of Tech Roles in Finance
Notably, software and computer services accounted for over 16% of financial services vacancies, surpassing traditional sectors such as investment management and banking, which both stood at approximately 15% each. This transition illustrates a growing investment in automation, reporting, and data infrastructure, particularly as regulatory standards remain stringent.
However, while vacancies are rising, roles most susceptible to automation—especially clerical and administrative positions—have declined. Openings in these areas dropped by 16%, while broking roles fell by 20% year-over-year, marking a significant shift in industry needs.
Market Volatility and Hiring Trends
Despite a slowdown in hiring during the fourth quarter due to global volatility and uncertainty surrounding the UK government’s budget, demand for tech-savvy roles may remain robust into the first quarter of the following year. With the unemployment rate at 5% and inflation at 3.2%, the landscape suggests cautious optimism for job seekers.
Efficiency Through Technology and Compliance
The increasing number of vacancies does not necessarily equate to rising costs for firms. The trend toward software, data, and compliance indicates that organizations are actively working to automate processes and reduce operational risks. This is particularly crucial for UK-listed banks, insurers, and exchanges, as enhanced systems can improve productivity and mitigate risks associated with compliance failures.
However, the transition comes with challenges. Firms face execution risks; spending on technology is only beneficial if projects are completed on time and align with regulatory requirements.
The Importance of Hybrid Skills
In this evolving job market, the demand for hybrid skills—where finance intersects with technology and regulation—is becoming increasingly pronounced. For professionals in roles characterized by repetitive processes, the notable declines in clerical and broking vacancies serve as a reminder that workflows are undergoing significant redesigns.
Enhancing skills in data literacy, automation, or compliance can provide job seekers with greater flexibility across teams, especially in a climate where unemployment remains relatively low.
