HK
Company: Ambition
Sorry, but salary hikes in Asia won’t be as rosy as last year
It’s only the start of the year but already pundits are placing their bets on how 2012 will shape up salary-wise. Here are some predictions on what pay increments will look like for those switching jobs in Asia this year. Front office Saskia Van Dijk, associate director, Michael Page Financial Services Singapore, says: “There’s a [...]
Banker at the Top: Q&A with Standard Chartered’s commodities boss Arun Murthy
If university studies strictly dictated what you did for the rest of your life, Arun Murthy would have been an engineer. Instead he changed track and is now the global head of commodities trading, Standard Chartered Bank. Prior to joining the firm in 2008, Murthy headed the Asia Pacific commodities business at Lehman Brothers and [...]
Here’s a job with surging salaries in Asia…
Crystal ball gazing suggests good times ahead for the wallets of compliance professionals in Asia Pacific next year. As a consequence of an existing talent shortage and rising demands for their skills in a changing regulatory environment, base salaries for compliance professionals are predicted to increase in 2011, especially in investment banking and private banking. [...]
The China Column: Investment bankers in China are just as stressed as those in the West
“When there’s a big deal going on, it’s absolutely normal to work until 2am or even later. I started to hate this kind of lifestyle. I don’t get to see my parents that much. I don’t get to hang out with my friends because I cancel appointments all the time. I feel like I have [...]
Oh to be an accountant in Asia
Qualified accountants are creeping into a more diverse and interesting range of roles within banks in Asia these days, and the functions which require their skills are enjoying a steady flow of vacancies. But banks still have demanding recruitment requirements. Accountants can be found not just in core finance positions, but also in operations and [...]
China Career Update: calling all credit risk candidates
The recent business expansion of foreign banks in China has created an urgent need for recruiting more risk management professionals. Credit risk candidates are particular sought after because, as the economy recovers, international banks want to compete with Chinese commercial banks in lending to large local enterprises and multinational corporations. “In the last six to [...]
Product control: banks are so desperate that they’ll even hire expats
If you’re a product controller in Hong Kong or Singapore and want to move banks, employers and recruiters will be grovelling at your number-crunching feet. Your stroll to a new role will only be interrupted by the odd counter offer or two. There is a limited supply of professionals in this job function because the [...]
Forget the front office (again): hot jobs behind the scenes in Hong Kong
Singapore isn’t the only Asian city showing an increase in back and mid-office hiring. Here are some Hong Kong job sectors which are looking rather hot. Regional tax roles Hong Kong is still the regional hub for most finance functions for the majority of international banks. Regional tax business-heads are usually based there, rather than [...]
Forget the front office: hot jobs behind the scenes in Singapore
Our pick of some of the most active jobs outside the front office in Singapore… Product controllers with loads of qualifications Increased demand in this function is due to a number of factors, in particular minimum replacement hiring last year, which meant that teams who lost staff were short handed for several months. Other reasons [...]
Guest Comment: be warned, compensation negotiations in HK could get trickier
Andrea Williams, managing director of Ambition in Hong Kong, gives her assessment on how the new HKMA guideline might affect the employment market. Hong Kong’s banking industry has remained somewhat immune to the global furore about compensation packages in financial services, but the sector’s employment market has certainly experienced its fair share of turbulence during [...]
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