It's just got a lot easier to quit banking and join Amazon in Singapore

eFC logo
It's just got a lot easier to quit banking and join Amazon in Singapore

If you’re a technologist at a bank in Singapore wanting to work for a tech firm, now may be an opportune time to apply to…AWS. Amazon’s cloud unit is increasingly hiring for roles that service clients in the finance sector – and developers currently working in financial services are more in demand there as a result, say recruiters. 

AWS has 11 Singapore-based vacancies with a finance-sector focus on its career site right now, most of which sit within its wider ‘worldwide financial services technology’ team. Many of these roles bluntly state that the tech giant is looking to poach people from banks and other financial institutions. For example, a solutions architect (financial services APAC) job demands experience of designing “large-scale solutions in the financial services industry” using finance-related applications such as core banking and payments systems, trading platforms, financial information systems, and big data analytics.

Unsurprisingly, your chances of securing an AWS job in Singapore are fairly high if you’re from a bank and you use AWS products at that bank. A senior cloud infrastructure architect (global financial services) role lists “implementing experience with primary AWS services (EC2, ELB, RDS, Route53 and S3)” as a key requirement.

Beware, however, that AWS technology jobs in Singapore typically require working with the company’s sales team and therefore come with a degree of revenue pressure. If you join AWS as a principal solutions architect (global financial services), for example, you will be collaborating with account management to “drive revenue growth across a small set of global customers” (presumably including large banks whose cloud services are partly run on AWS).

To be successful within AWS’s financial services tech team, you will likely also need to enjoy interacting with customers – perhaps even banks you worked for earlier in your career. Several job descriptions mention “customer facing skills”. Another solutions architect opening at AWS requires “engaging with customers to determine business needs, identify opportunities and issues, and develop related technical solutions”.

Some AWS tech jobs also warn of “extended travel to customer locations…to sell and deliver professional services”. So don’t expect to spend all your time at AWS’s Singapore hub – business trips across Asia are likely.

If you move from a bank to AWS in Singapore, you will be in good company. As we reported in April, Amazon’s cloud unit has plenty of former banking technologists within its ranks, and not just in the financial services team. They include Dipen Mehta, head of digital innovation and prototyping, who joined in 2017, having previously been global head of digital transformation and fintech strategy at Standard Chartered.

AWS is not your only option if you want to quit banking for a cloud business in Singapore. As noted last month, almost a quarter of Google’s vacancies in Singapore and Hong Kong are in its Google Cloud division.

If you’re choosing between a cloud job at a bank and a cloud job at a tech firm like Amazon or Google, you should be aware of the differences between them. “A technology firm provides opportunities to work on projects that create new solutions, and provides an environment where you can learn from your peers,” Clarence Quek, a senior client solutions director at recruiters Randstad in Singapore, told us previously. “A bank is more likely to draw applicants who are seeking better pay, and funding for large in-house technology projects,” he adds.

Image credit: Andrei Stanescu

Have a confidential story, tip, or comment you’d like to share? Email: smortlock@efinancialcareers.com or Telegram: @simonmortlock

We are on Telegram! Join us now 

Related articles

Popular job sectors

Loading...

Search jobs

Search articles

Close
Loading...