Veteran-focused fintech operations

Fintechs and other companies committed to hiring and retaining veterans tend to see serious benefits from these efforts. Corporate leaders often hire veterans for their demonstrated leadership skills, work ethic, problem solving, and integrity.

Fintech leaders can build out their operations to best support veterans and the talents by solving for the three following variables:

Community engagement

A comprehensive network of hiring programs strive to provide veterans with relevant and promising career opportunities. For example, Regional Veterans' Employment Coordinators (RVECs) connect employers with federal, state, and local resources to successfully hire veterans. American Job Centers and Veterans Affairs programs further buttress these efforts.

Although it may require some legwork to establish these connections—a slightly heavier lift than simply publishing a LinkedIn job post—they can create a steady pipeline of promising veteran candidates once they’re up and running. What’s more, consistent engagement with and employment of veteran communities can come with public recognition, such as through the HIRE Vets Medallion awards program.

Skill development

As with recruitment efforts, an active ecosystem exists to support veterans in skill development. The Department of Labor, for instance, helps employers build out and register apprenticeship programs that may be useful for veterans, and offers a blueprint for hiring and retaining employees from veteran communities.

Especially when employing veterans for relatively common positions within a fintech’s structure—working in customer support or engineering, for example, over a C-suite position—hiring teams may see greater training success by intentionally placing veterans in charge of their peers’ training. This may help companies structure training programs more productively, framing skill applications in familiar and effective terms.

Ongoing support

Fintechs establishing themselves as reliable veteran employers can build out substantive support for veterans beyond symbolic engagements on relevant holidays.

Benefits such as comprehensive healthcare and mental healthcare programs, mentorship opportunities, and family care can center veteran needs while also benefiting employees who did not previously serve in the military, further buoying the fintech’s retention efforts across communities.