Your Boston fintech recruitment specialists
Nexus IT Group recruits fintech professionals for Boston employers: payment systems and financial software engineers, quantitative developers, fraud and compliance engineers, data and platform engineers along with the CTOs and heads of engineering who run regulated products. We place contract, contract-to-hire and permanent staff across the sectors that make Boston an asset management and wealth technology market before anything else, from State Street at One Congress Street and Wellington Management at Atlantic Wharf to MFS on Huntington Avenue in the Back Bay, Putnam Investments on Federal Street and Fidelity Investments on Summer Street.
Our Boston candidate network has been built over years of searches for asset managers, custodians, payment companies and banks across the metro, out through Cambridge and Waltham to the insurance and lending platforms beyond. Every search runs outbound to passive engineers, with three calls before you see anyone and a shortlist within 4 days, the same fintech recruiting process we run for clients nationwide. Candidates are screened on the custody, payment or lending systems they have actually shipped, so the first interview is about fit rather than verification.
Companies that staff their fintech roles with Nexus IT Group
Nexus IT Group will quickly staff your open Boston fintech roles with high-quality committed candidates
81%
of our successful candidates are submitted within one week
92%
of our candidates will accept your offer
96%
of our candidates are employed with your firm after 12 months
Where Boston hires fintech talent
Four sectors carry most of the demand, and asset management and wealth technology dominates the others, because the custodians and fund managers here run the largest engineering organisations in the metro.
Asset management and wealth technology
The custodians and fund managers that anchor the market, with State Street reporting record assets under custody and administration of $57.9 trillion for the second quarter of 2026.
- Fidelity Investments
- State Street
- Wellington Management
- MFS
- Loomis Sayles
- Putnam Investments
Payments and commerce platforms
Restaurant, cross-border and orchestration payment platforms built here, with Toast running a 5,000-person business from its Boston headquarters.
- Toast
- Flywire
- BlueSnap
Bank and digital asset technology
Core banking, custody and digital asset engineering in the Financial District, where Fidelity Digital Assets runs custody, execution and its Fidelity Digital Dollar stablecoin from 245 Summer Street.
- Santander Bank
- Eastern Bank
- Fidelity Digital Assets
Insurance and lending marketplaces
Homeowner insurance, insurance comparison and small business funding platforms across Boston and Cambridge, with Forward Financing working from 53 State Street and more than 500 people across its offices.
- EverQuote
- Openly
- Forward Financing
What fintech roles pay in Boston
| Role | Low | Median | High | Source |
|---|---|---|---|---|
| Quantitative Researcher (total compensation) | $120,000 | $270,000 | $465,000 | Levels.fyi, Sept 2026 |
| Quantitative Developer (total compensation) | $200,000 | $214,000 | $270,000 | Levels.fyi, Sept 2026 |
| AI/ML Engineer | $178,200 | $227,100 | $257,000 | Robert Half 2026 Salary Guide |
| Market Risk Analyst | $112,100 | $135,300 | $160,300 | Robert Half 2026 Salary Guide |
| Credit Risk Analyst | $109,100 | $133,000 | $156,300 | Robert Half 2026 Salary Guide |
| Compliance Analyst | $106,100 | $134,300 | $152,000 | Robert Half 2026 Salary Guide |
| Fraud Investigator | $86,500 | $107,100 | $126,700 | Robert Half 2026 Salary Guide |
Figures are for the Boston metro in 2026. The Levels.fyi rows are self-reported total compensation including bonus and equity, shown as the 25th percentile, median and 75th percentile; the Robert Half rows are 2026 Salary Guide starting salary bands by experience level, shown as the band for a candidate new to the role, one with moderate experience and one with extensive experience. Treat these as ranges, not a benchmark to offer against.
What shapes a Boston fintech search right now
Stablecoin licensing lands in January
Treasury opened a rulemaking on 17 August 2026 implementing section 3 of the GENIUS Act with a 60 day comment window, the licensing requirements take effect on 18 January 2027 and the restriction on offering unlicensed payment stablecoins follows on 18 July 2028. Fidelity Digital Assets already lists custody, execution and the Fidelity Digital Dollar among the services it runs from 245 Summer Street. Custody, settlement, security and compliance engineering roles in Boston are being staffed against those dates now.
Big tech pay sets the ceiling
The median Boston software engineer reports $179,300 in total compensation, with the 25th percentile at $130,000 and the 75th at $240,000, while Meta averages $391,000, Google $300,000 and Datadog $298,750. A quantitative developer here has a median package of $214,000 and a quantitative researcher $270,000. An asset manager or payment platform hiring a senior engineer is bidding against that, so the brief has to lead with scope and product ownership.
State Street is working through an installation backlog
State Street reported record assets under custody and administration of $57.9 trillion on 16 July 2026, along with $2.9 trillion of client assets still to be installed in future periods and software services recurring revenue up roughly 14% on SaaS implementations and conversions. The same quarter added a tokenized fund servicing capability in Luxembourg. Conversion, data and platform engineering work at One Congress Street runs to client installation dates, and much of it is scoped as contract.
Attendance rules split the candidate pool
State Street lists an onsite workplace with a typical five days a week on site, while Toast and BlueSnap run hybrid models and Flywire is remote first with no requirement to come in at all. Openly keeps a Boston headquarters and a remote workforce of 350. A search has to be scoped to the employer's own attendance rule, because those candidate pools barely overlap.
Searches we have completed for Boston employers
Google Cloud Architect
Our client creates balance between existing investments and cloud-driven innovation with a practical approach that prioritizes results. This particular client tasked our cloud recruiters with a challenging project. Being named Google Cloud Partner of the Year, this recognition required them to increase their Google Cloud Architect and Engineering resources. Google Cloud talent is quite a bit more scarce than AWS and demand more salary, so our cloud recruiters had to get creative with our sourcing strategy. Reach out to learn how we filled 13 Google Cloud professionals for this client.
Sr Software Architect
A leading wholesale provider of reinsurance, insurance and other insurance-based forms of risk transfer asked nexus IT group to find a Sr Software Architect to supplement their growing product suite. Our software development recruiters quickly sourced 256 candidates with expereince Java, Azure, and software architecture. The client interviewed 4 of the 7 candidates submitted and ended up hiring 1 individual.
Information Security Manager
Our client is a multinational financial services and asset management company headquartered in the UK. Its products and services include investment management, lifetime mortgages, pensions, annuities, and life assurance. Our client was referred to nexus IT group due to our prior experience with their VP of Talent. This Information Security Manager was their first internal cybersecurity hire in the US so it was important we got it right. Our cybersecurity recruiters quickly sourced 302 candidates, we submitted 6 candidates, and 1 candidate was hired.
Paid Social Specialist
Our client is an SEO, online media, and SEM agency focusing on brand building and customer acquisition to deliver measurable success. This particular client tapped our digital marketing recruiters to identify and hire a Paid Social Specialist that has direct experience managing paid social campaigns on Facebook and LinkedIn as primary focus. As top digital marketing recruiters we were quickly able to source 403 candidate, submit 6 candidates, leading to a quick hire for our client.
Full Stack Engineer
Our client has a portfolio of companies which specialize in energy and agriculture sales, trading, and capital investments. Our client purchased a piece of software that focuses on the pricing of energy and agriculture commodities. The application was written in Matlab and .NET. The client is looking for a Full Stack Engineer to re-plattform the applcationto C# and angular technologies. Due to the culture of the company we had to source 411 candidates, submitted 5 candidates and 1 candidate was ultimately hired.
DevOps Engineer
Our client is a digital insurance company, powering partners around the world to drive business growth and customer value with insurance. Our client asked us to help them find several DevOps Engineers with Azure experience. The ideal candidate will help build and scale a SaaS startup using repeatable processes. The biggest challenge was sifting through the hundreds of candidates that required sponsorship to work in the US. Our client was not willing to sponsor for this role so our DevOps staffing team used creative sourcing strategies to get infront of the right candidates. We ended up hiring 3 DevOps Engineers and sourced 232 candidates.
Data Scientist
A direct-to-consumer beauty, health and wellness incubator that recently launched its sixth brand reached out to nexus IT group to help them hire a Data Scientist for their growing analytics team. The ideal candidate would use their data and analytical skills to help analyze results and develop marketing strategies upon our current subscription and retention offerings. Essentially, this person would build predictive models to support key initiatives such as predictive churn, price elasticity, predictive LTV. Our Data Scientist recruiters screened 252 data professionals. We ended up submitting 5 candidates and received 2 offers.
Sr Full Stack Engineer
A leading management, technology, and strategy consulting firm that drives digital transformation across the federal government, education, healthcare, and nonprofit landscapes. As a new client we had to quickly learn their culture and expectations to be able to delivery a high quality candidate quickly and efficiently. The challenge is that candidates needed to be US Citizens and must be able to get a Top Secret Clearance. Our software development recruiters sourced 206 Full Stack Java Engineers leading to only 1 candidate submission which led to 1 candidate being hired. The client was very impressed with nexus IT group’s vetting and quality of candidate. The candidate is still there 2 years later and the manager is quoted by saying “he’s been the best full stack engineer hire.
Four ways to staff a Boston fintech team from a retained CTO search to contract build capacity
Executive Search (Retained)
We run retained searches for fintech leadership in Boston, including CTO, VP of Engineering, Head of Platform and the risk and compliance technology leaders that regulated products require. Investors frequently sit in on these processes, whether the company is a payment platform in the Seaport or a wealth technology business in the Financial District, so the shortlist has to survive a board conversation as well as a technical one. Our retained placements hold a 96% candidate retention rate.
Direct Hire
Fintech engineers in Boston are courted heavily and rarely answer adverts, so our recruiters work outbound into custody, asset management, payments and core banking depending on what the role actually touches. We deliver a vetted shortlist within 4 days of taking the requirement. One New York asset manager with $5.6BN under management had us screen 287 candidates and submit six inside two weeks, with the hire starting five weeks after kickoff.
Contract Staffing
Regulatory deadlines, migrations and client installations arrive with dates attached and often need capacity rather than headcount, as the $2.9 trillion of assets State Street still had to install at the end of June 2026 shows. We serve as both the recruiter and the W2 employer for the contract term, which keeps co-employment risk off your side and gives you a clean way to convert the engineer if the work becomes permanent. Our contract placements hold a 94.3% quality of hire ratio.
Recruitment as a Service
A Boston fintech scaling after a funding round is usually hiring across engineering, data and product at the same time, which is where per-placement fees stop making sense. Our Recruitment as a Service subscription handles candidate marketing, sourcing, screening and delivery for the whole plan, leaving your Boston engineers the technical assessment. We generate an engaged pipeline for a named fintech role in under 7 days.
What our fintech clients have said about working with Nexus IT Group
The great thing about nexus IT group is that it has a smaller family feel, but they are able to deliver IT candidates better than the largest IT staffing suppliers that we work with. They have delivered high quality cybersecurity professionals for several years to our firm.
I’ve been in Talent Acquisition for 15 years and have used many IT staffing firms over the years. I highly recommend Nick and nexus IT group over any other IT staffing services. nexus’ commitment to quality and delivery is top tier. They take the time to understand your needs, provide thorough screening, and make sure that candidates have a positive on-boarding experience.
Working with nexus IT group has made my job much easier. Having a recruiting firm who specializes in IT and within my industry, and who understands our specific culture and hiring needs has been instrumental in our talent acquisition talent strategy.
Capital One has used nexus IT group’s recruitment services for a number of IT positions at varying levels, over the past 4 years. We’ve had a high success rate working with nexus IT group which is a testament to the caliber of their work and their internal sourcing and vetting practices.
I’ve dealt with a lot of hiring firms in my 18 years in the investment banking profession, and the majority of them have been awful to mediocre at best. Dealing with Nexus IT Group, on the other hand, was a breath of fresh air. After only one one opening, I was blown away by the quality and quantity of resumes I received. Nexus IT Group pays close attention to my demands and requirements. As a result, the individuals who were referred to me were excellent fits for our open positions. I appreciate the personal and professional expertise you offer to the process.
SAIC provides government services to several federal agencies across the US. We needed to recruit several new cybersecurity talent for our growing practice area. Travis quickly understood our business and the requirements of each cybersecurity need. nexus IT group showed patience, flexibility, and expertise in the search process. If you’re looking for good cybersecurity recruiters then you can’t go wrong with nexus IT group.
It is hard to put into words what nexus IT group has done for our organization. nexus IT group knows exactly what we look for and they get the right candidates 99% of the time. Anyone looking to hire tech talent would be lucky to have nexus IT group on their side. They have great work ethic, responsive, and a wide array of market knowledge.
We’ve enlisted the help of a number of IT recruiting firms in the past. Nexus IT Group has contributed to the success of many great hires by working professionally, diligently, and efficiently. We contacted Nexus IT Group after being introduced to them, and we were instantly impressed by their promptness and ability to focus on our needs. We received 3 resumes the same day and 3 more the next day, and we were able to hire four people in less than a week. We added an additional individual through Nexus IT Group a few weeks later as a result of vast network, service and professionalism. I highly recommend working with Nexus IT Group.
Frequently asked questions about fintech recruiting in Boston
It starts with a discovery call to define the role, the stack, the regulatory context and the onsite expectation. From there our recruiters run an outbound campaign to passive engineers in the Boston market and hold three calls with each candidate before you see them, then deliver a shortlist of two or three. We stay in touch with every placed candidate for two years, and we travel for retained leadership searches.
Mostly the asset managers and custodians in the Financial District and the Back Bay, the payment and commerce platforms, the bank technology and digital asset teams and the insurance and lending marketplaces in Boston and Cambridge. Those are the employers running platforms large enough to need specialist engineers, which is where an outside recruiter earns its fee. We also take searches from smaller Boston fintechs hiring their first payments or compliance engineer.
It depends on the role and on how far the compensation sits from the market. A payments engineer or data engineer search typically produces a shortlist within a week, while a quantitative developer or CTO search takes longer. Current Boston salary bands are a reasonable first check on whether a budget is in range, and where we have an active pipeline we can deliver candidates the day the contract is signed.
Both, and the mix follows the work. Contract and contract-to-hire is common for client installations, platform migrations and regulatory remediation at Boston custodians, asset managers and banks, while permanent placement and retained search cover the standing engineering and product teams. We are the W2 employer for the length of any contract, so the engineer can be converted later if the work proves ongoing.
Ask how many fintech roles they filled in the last twelve months and what their twelve-month retention is, then ask whether the recruiter on your search has placed the same role before. Our own figures are 96% of placed candidates still employed after twelve months and a 92% offer acceptance rate. A recruiter who cannot answer those questions for Boston specifically is guessing at the market.