Steady, steady, steady: Why there’s always work in superannuation
Overall employment growth remains steady in the Melbourne superannuation market as mergers, MySuper and self-managed funds help drive demand for jobs. Mergers and the job market Industry fund mergers – such as AustralianSuper and AGEST Super; Equipsuper and Vision Super; and First State Super and Health Super – are creating niche recruitment activity. “Superannuation funds [...]
All is not lost: Retrenched back-office bank staff should consider insurance and other industries
Operations employees who are being axed at the big four should widen their job search beyond banking. ANZ’s redundancies have so far generated most of the headlines. “Australian-based technology, retail, business banking, SME and institutional roles are set to be trimmed in 2012. Some roles will be offshored to Asia where the bank can decrease [...]
The state we’re in: An infographic of global financial recruitment trends from eFinancialCareers
Sometimes it’s best to let the pictures (and the numbers) do the talking, so below we present an enlightening infographic of eFinancialCareers’ global data from last year. From an Asia Pacific perspective, you can see that Singapore and Hong Kong are popular choices for international financial professionals. Click on image to view full-size infographic
Five (somewhat) hot summer jobs for your post Australia Day search
We’re not saying it’s going to be a great summer (or year) to be looking for work, but some job functions will at least be a bit hotter than others… Financial modelling Professionals with experience developing detailed financial models are becoming more sought after, particularly within M&A, corporate finance advisory, project finance advisory, professional services, [...]
Blog your career here: We want financial professionals to write for us
Fancy yourself as a bit of a blogger? Want to provide career insights or just vent your frustrations to Australia and the world? Well, we’re looking for people to write about what it’s really like working (and searching for work) in financial services these days: the good, the bad and the maddening aspects. Your blog [...]
Hey boss: Your Gen Y staff probably hate you – here are five things you should do now to stop them quitting
I recently met a group of my ex-colleagues and I realised that there were more alumni represented than people who still work at the firm. You can imagine the conversation: we started with reminiscing about the happy and funny moments, but slowly somehow, it always turned to complaints and bitterness about missed opportunities and all [...]
ANZ’s axe most likely to fall on the back office; analysts expect 7,000 roles will go across the industry
Roles in ANZ’s Australian back office are the most under threat as the firm plans a new round of redundancies. ANZ, which according to its 2011 annual report had just below 49,000 employees globally at September 30, has not announced exactly how many jobs will go, but the Finance Sector Union understands that the lay-offs [...]
Three big, bold trends set to shake up the private banking sector in Australia
Recruitment in private banking is anything but boring. There will be some growth and a lot of change in the sector this year. 1) The big four want to become proper private banks The big four Australian banks are investing in their company-wide platforms and (among other benefits) this will help move them closer to [...]
An interview with Robert Walters, chief executive of Robert Walters
What will 2012 hold for financial services hiring? Is RBS a precursor for disaster elsewhere? Will hiring in Asia really go the way of hiring in Europe? We asked Robert Walters, chief executive of the eponymous recruitment firm. This is what he said: Q: Is 2012 going to be a bad year for financial services [...]
A year to fear? Here’s our preview of the Australian job market in 2012
Job seekers get scared Candidates’ appetite for risk is at an all-time low, so taking the gamble on changing roles in the current climate is a hard decision to make, says Jeremy Paterson, general manager, Lloyd Morgan. “In the fourth quarter alone we have had a number of jobs offered and accepted by individuals only [...]
AU
