Sector: Compliance / Legal

Energy Traders Face Rocky Road, On and Off the Street

If you’re an energy trader, it’s a safe bet that you’re a bit worried about your job. Overall, due to tech and the big players taking over, there’s fewer jobs. Plus, the Commodity Futures Trading Commission is just about ready to announce position limits for physical commodity derivatives as mandated by Dodd-Frank. That, and expected [...]

By Myra Thomas, December 14 2010 • 1 Comment

Compliance Experience Pushes IT Auditors Up

If you’re a hybrid technology specialist – a fancy way of saying IT auditor – you can just about write your own ticket. As long as you have compliance experience. The “hybrid” comes from the notion of being a tech specialist who can audit technology systems. Toss compliance into the mix, and financial firms want [...]

By Judy Radler Cohen, November 1 2010 • 0 Comments

Banks Paying Up For Risk Specialists

Firming demand for financial risk managers in Canada is pushing up base salaries more than for any other finance specialty, a new survey indicates. Among dozens of titles and seniority levels broken out in Robert Half International’s 2010 salary survey, this year’s estimated 3.1 percent average increase for financial risk managers in Canada is the [...]

By Janet Aschkenasy, May 4 2010 • 0 Comments

Compliance Jobs and Bonuses Resilient

At least one sector of finance is experiencing continued demand and relative security in total compensation: compliance. In tough times, firms need to retain professionals who are overseeing critical legal and regulatory functions. Not only will some firms be adding in this area, insiders say, but they expect bonuses will reward compliance officers and analysts [...]

By Suzanna de Baca, November 3 2008 • 0 Comments

Financial Firms Pull Back on IT Outsourcing

The financial sector may be rethinking the idea of IT outsourcing as a long-term strategy. Computer Economics, a research firm based in Irvine, Calif., believes the financial industry is pulling back on outsourcing projects and bringing many IT operations in-house. The firm conducts an annual survey that benchmarks IT operations trends, staffing trends and salary [...]

By Sonia Lelii, July 21 2008 • 0 Comments

Little Compliance Hiring in Chicago

While compliance jobs at all levels abound in New York, San Francisco and other parts of the U.S., in Chicago the market remains sluggish. “Some (financial) firms are adding on the compliance side, but things are moving slower in Chicago,” says Stuart Rosenthal of Legend Global Search, a New York-based recruiting firm which specializes in [...]

By Suzanna de Baca, July 14 2008 • 0 Comments

OSC Chairman Wants ‘Specialized’ Teams of Prosecutors

There may be more opportunities coming for securities attorneys interested in government service. Ontario Securities Commission Chairman David Wilson says Canada should create specialized teams of prosecutors from securities law experts so more cases can be successfully prosecuted. Speaking to the Economic Club of Toronto, Wilson said the government needs to bolster its enforcement record, [...]

By Mark Feffer, April 17 2008 • 0 Comments

White House Race Said to Aid Deal Activity

Their usual financial sponsors sidelined by the credit crunch, merger bankers are getting a lift from an unexpected direction – the presidential election contest. The looming leadership transition in Washington is sparking a flurry of corporate M&A deals, Business Week reports. The burst of activity will keep bankers busy for awhile, and may cushion 2008 [...]

By eFinancialCareers News, February 25 2008 • 0 Comments

Tightrope to Front Office Snipped By SocGen?

The wall that stands between control and compliance professionals and trading roles just got higher. Middle-office and back-office professionals will find it harder than ever to get promoted to the trading floor in the way of SocGen’s so-called “rogue trader,” Jerome Kerviel. Citing recruiters and government officials in Paris and London, Bloomberg News reports Kerviel’s [...]

By Jon Jacobs, February 13 2008 • 2 Comments

Rogue Trader May Foster Opportunities

The trading debacle at Societe Generale could give a boost to Wall Street’s internal watchdogs, the risk and compliance professionals who populate back- and middle offices. In a world of increasingly complex trading vehicles and demanding regulators, compensation, stature and headcounts within departments that oversee trading activity are already on the upswing. The latest events [...]

By Jon Jacobs, January 28 2008 • 4 Comments