Man leaves top Standard Chartered job to join Softbank-backed Singapore startup

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Jared Goldberg, Standard Chartered’s head of business integration and analytics in its COO unit, has left the bank to join Singaporean fintech firm Funding Societies. Goldberg is now head of data at Funding Societies, which was founded in 2015 and is Southeast Asia’s largest peer-to-peer lending platform, having funded loans of more than S$680m.

Data analytics jobs are in high demand at banks in Singapore – Standard Chartered alone currently has 13 local data analytics vacancies on its careers website. But fintech firms also need senior data specialists to help them identify new products and customers, and Goldberg’s move shows that they can hold their own in a competitive job market. Candidates are typically lured to startups by promises of equity shares, better technology, and flatter hierarchies, say recruiters.

Goldberg, who describes himself in his LinkedIn profile as a “data nerd”, was in his most recent Standard Chartered job for about a year and was an executive director. He previously spent two years and eight months as a director-level business architect, also in the Singapore-based COO team.

The Berkeley graduate transitioned into data-focused jobs having started his career in a series of project manager/business analyst roles at UBS (2005 to 2008), Societe Generale (2008 to 2009) and DBS (2009 to 2010). He then did an initial three-year stint in consumer bank strategy at Stan Chart in Singapore before joining ICAP in 2014 as head of business initiatives for APAC.

Goldberg will be in good company at his new firm Funding Societies, which raised a $25m Series B investment led by Softbank Ventures Korea last year. Many of the firm’s 300 employees have previously worked at banks, according to LinkedIn. These include senior relationship manager Angel Ng, who was previously an RM at Stan Chart, and Joseph Koh, who joined from DBS in 2017 as a senior business development manager.

If you want to work at Funding Societies, the company has 40 vacancies on its careers site in Singapore, Jakarta and Kuala Lumpur. These include a junior data analyst job, in which Goldberg will presumably be your ultimate boss.

Funding Societies was founded by Kelvin Teo (ex- Accenture and McKinsey) and Reynold Wijaya (from Indonesian company United Family Food) while they were studying for their MBAs at Harvard Business School.

Image credit: greenleaf123, Getty

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