Sector: Risk Management
Demand rising for back office superstars in the Gulf
Middle Eastern banks still need to get their houses in order. Technology needs to be upgraded, operations need to be administered and risk needs to be more closely monitored. The result is that experienced back and middle office staff are the new hot property. At the very senior end, more banks in the region are [...]
Six areas where there are more jobs than candidates
So far, 2011 has proven to be a little disheartening for those awaiting the great revival in fortunes of the Gulf financial sector jobs market. But while the overall picture is subdued, some roles remain a challenge to fill. Here are the six areas where you’re most likely to find success: Analyst and associates within [...]
How to create an amazing CV if you work in market risk
The profile of the market risk professional has seldom been higher, and after teetering on the precipice of a boom for over a year, it seems the mooted recruitment is finally happening. “It’s been a buoyant couple of months for market risk professionals across a wide range of asset classes,” says Priya Mariannie, consultant, banking [...]
Five roles facing a skills shortage in the City
Should you be considering a move to the City of London any time soon, it’s worth noting that the jobs market appears to have come full circle from this time last year and a skills shortage is looming. Certainly, that’s the suggestion of recruiters Astbury Marsden, which has concluded that the number of skilled candidates [...]
When bankers get trapped in the Gulf
The ordeal of David Proctor, a British banker held in Qatar for 14 months at the behest of his employer, finally came to an end last week. However, it provides a stark warning to expat financiers of the potential pitfalls of the Middle East’s employment law. Locally, Proctor’s story has gone relatively unreported. The full, [...]
New breed of sophisticated risk manager required within UAE banks
An appetite for more sophisticated risk management tools from Middle Eastern banks is driving them to poach the more experienced talent from within Western and Far East rivals. A recent study by the British University in Dubai argued that UAE banks needed to be using a more diverse range of risk management tools and practices [...]
Where are the best paid risk jobs in the GCC?
By its own admission, the Middle East risk management survey by recruiters GRS is meant as a rough guide rather than an absolute authority, but it seems there are massive discrepancies between the levels of pay you can bring in at different organisations. As the table below shows, the minimum salary for a head of [...]
Is risk really exciting now?
We’ve said before that risk management jobs are in demand in the Gulf, but now it seems it’s becoming an increasingly exciting area to work in. Whereas the demand for risk managers in the Gulf was previously driven by heightened standards of corporate governance in the region, now banks require their expertise to guide them [...]
Who said sovereign wealth funds aren’t hiring?
In spite of some slumping international investments, Middle East sovereign wealth funds still dominate the rankings in terms of assets under management, and they’re offering ample career opportunities across a range of functions. New fund rankings from the SWF Institute confirm that the Abu-Dhabi Investment Authority is the biggest in the world, with $627bn in [...]
Risk recruitment ramping up in the Gulf
Risk management has been thrust to the top of the GCC financial institutions’ agendas this year, and experts in this space are slowly being pulled out of the doldrums to become key figures – at least within some organisations. According to a study into Middle Eastern banks’ risk management practices, the profile of the humble [...]
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