HK
Sector: Compliance / Legal
Wanted: Filipinos, Malaysians and Thais
Recruiters are doubling their efforts to recruit foreign talent for the financial sector in Singapore and Hong Kong. “Banks are expanding in areas of their business such as Basel II, operational risk, compliance and regulatory reporting, and the local labour pool is just not enough to fill the jobs,” says a banker, who adds that [...]
Compliance no longer the forgotten area of banking
In the days before regulators grew teeth, being a compliance officer was a thankless task. Now that regulators bite, those days are long gone. As is the case elsewhere, getting in line with the Basel II Accord is a top goal for local and foreign banks in Singapore. At the same time, regulators have become [...]
Singapore pays down for compliance, risk pros
A new salary survey points to low pay for risk and compliance workers in Singapore compared to Hong Kong and Sydney. The annual salary survey from recruitment firm Robert Walters underscores the relatively low pay received by financial services staff working in Singapore. At US$37,000, average salaries for Singaporean credit risk analysts with more than [...]
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