AU
Your search results:
The Inbetweener: When is the right time to tell your boss you’re looking for a new job?
About a month ago I was sitting at my desk when a young colleague asked if I had ever received an email solicitation about a job offer. I scooted over to see what she was on about. I had seen this before and asked her if she had ever applied for a job through any [...]
Low turnover dries up super vacancies in Melbourne; the sector is now so desirable that staff just want to stay put
Melbourne’s super funds are creating fewer jobs than this time last year as a lack of attrition puts replacement hiring on hold. Australian workers have about $1.3trn managed by superannuation funds, while the industry employs some 60,000 people in Australia, according to a report by the Allen Consulting Group. But it’s been a slow start [...]
PPP: A niche sector that actually offers a wide range of employment options
The growth of public private partnerships (PPP) in Australia has opened up a variety of jobs in different types of organisations for both local and foreign financial professionals. PPP is an end-to-end industry involving several stakeholders, including banks, funds management firms, superannuation funds, accounting firms and governments. “You can transfer your experience so much more [...]
The Insider: The reality of finding a new job in Australia – either take less money or have double the skills as the person you replace
There is little doubt that the non-mining-based sectors of Australia are struggling, with many economic commentators suggesting they are virtually in recession (or at best showing limited growth). This is no more apparent than in financial services, as illustrated by the raft of recent job cuts at major banks. Rumours of future redundancies at investment [...]
Blue Horseshoe: Three reasons why pride is ruining your job search
There is a hidden factor that often hinders a candidate’s chances of success. It has nothing to do with his tangible qualities, or the lack thereof. Rather it involves his pride, or the excess thereof. Here are some of the unfortunate ways that pride manifests itself during a job hunt and why it should be [...]
Candidate cheat sheet: Seven essential interview questions to ask employers who have recently made redundancies
We live in interesting times. It’s not uncommon to hear of financial firms who have begun to selectively hire again, mere months after retrenching staff. Given that redundancies have hit almost every organisation, job seekers need to take extra care in sussing out the longevity of each potential role before coming on board. Clem Cull, [...]
The Angry Accountant: I’ve had five employers in eight years, so I know a thing or two about what makes a bad (or a good) boss
In my relatively young career as an accountant in the financial services industry, I’ve worked for five different employers in less than eight years. I can perhaps attribute my spotty resume to an endemic restlessness among Generation Y, but I can proudly say I wear all of my experiences well. I’ve had the honour and [...]
The big picture: A look at 2011 bonuses for Australia’s finance professionals
In this latest post, we examine the results of the recent eFinancialCareers bonus survey in Australia. Here’s our take on the plausible reasons behind those figures, the trends and our predictions on post-bonus movement. To get the low-down, please click here to view the report.
Day in the Life: Investment banking analyst
Name: Carmen Chan Firm: UBS Title: Analyst Dept: Investment banking 7.30am – 9.00am It is always hard to describe a typical day at work because you never know when the markets or a transaction will take a sudden turn. That being said, I usually start my day around 7.30-8.00am from home. One of the first [...]
Nomura confirms it: M&A and capital markets businesses are just not very profitable. Macquarie pays head of risk twice head of M&A
If you work in M&A or capital markets (collectively known as IBD), you may be a loss leader. Don’t, therefore, expect to get paid anything like your colleagues in sales and trading roles. There have always been suspicions that M&A bankers aren’t great for the bottom line (RBS’s don’t appear to have been profitable, for [...]
