China is on the cutting edge of the fintech industry and promises great opportunities for fintech talent, fuelled by a rising demand for financial services and technology professionals, according to Hays plc, a global professional recruiting group.

Hays said fintech professionals who possess both technical expertise as well as an understanding of finance will be highly sought after.

"In China there are opportunities for skilled candidates across a wide range of fintech businesses, including banking, insurance, wealth management and payment services," said Simon Lance, managing director of Hays China.

He added the industry risks losing valuable momentum given the shortage of skills and the overwhelming demand for experienced professionals.

"For those already in the fintech industry, China offers great potential. And for those in banking and financial services – or with relevant technology skills – now is a good time to consider what your career could be in the fintech industry," Lance said.

According to Hays, large-scale commercial banks are accelerating the establishment of fintech subsidiaries across the country. It said the roles in demand in the banking sector include data security, data scientists, user experience and user interface engineers, and full stack developers for mobile and web applications.

"Fintech offers career opportunities to people with experience in almost every area of banking and financial services, as well as experts in artificial intelligence, biometrics, cloud and big data," Lance said.

"China is on the cutting edge of the fintech industry and will provide a robust and exciting career for many years to come," Lance said. "Fintech also provides opportunities for those in related technology fields."