Hiring Insights for the UK Financial Services Sector: October

October 2025 marked a decisive period for hiring across the UK financial services sector, with regional and functional trends revealing how digital transformation, regulation, and geopolitics continue to reshape workforce priorities.

From London’s insurers to Scotland’s fintech ecosystem and the North West’s risk and compliance hubs, recruitment momentum is shifting towards technical, data-driven and regulatory disciplines that underpin the sector’s long-term stability.

Then looking ahead, will the interplay between regulation, AI adoption and geopolitical risk continue to drive recruitment patterns into 2026?

Well here at Sanderson, we always have our finger on the pulse of the latest changes in the market so that we can help you better understand how new trends might impact your hiring plans and then support you to turn these into opportunities when it comes to your financial services recruitment.

So, with that in mind, we’re pleased to have produced this new Report with VacancySoft that sums up the latest trends we’ve been seeing in the UK Financial Services market during October.

Have a sneak peek at some of the highlights below and scroll down to grab your copy!

London Market Trend Highlights

• IT vacancies have risen 11% year on year reflecting renewed investment in digital transformation.
• Insurers are prioritising digital resilience, automation and data-centric decision making rather than cyclical hiring.
• IT management roles encompassing change, projects and transformation have overtaken traditional broking vacancies for the first time with IT security vacancies projected to be 20.9% higher than 2024.

North West Market Trend Highlights

• Hiring has gathered significant pace banking.
• Demand for credit risk specialists is spiking with vacancies here now 42% above 2024 levels.
• Operational roles have risen by 21% during the first 9 months of 2025 with financial crime vacancies already exceeding last years total.

Scotland Market Trend Highlights

• Fintech hiring has accelerated dramatically with vacancies already 84.8% higher than 2024.
• Banking is accounting for around 75-80% of Scotland’s total financial services vacancies.
• Total fintech vacancies in Scotland are up 50% year on year, with the country’s share of UK fintech hiring rising from 2.7% in 2023 to 4.4% in 2025.

If you would like a more detailed overview of these trends, including the latest market data, monthly vacancy totals and insight into the top job roles by sector, then please do download a copy of the full Report via the form below.

Have any further questions? Don’t hesitate to get in touch with us, we’re well placed to help.