HK
Sector: Information Technology
Fancy a 20 per cent pay rise? Here is a sector where it might actually be worth moving from Hong Kong to…Tokyo
Japan isn’t immune to the dour global climate, especially with the impact of the March catastrophe still reverberating. Nevertheless, there are some bright spots in the country’s financial recruitment landscape. One of these is banking technology. Matthew Caddick, managing director, Aptitude Asia, says there has been “continued demand” for senior IT talent to replace people [...]
Forget the freeze: Here’s a job function in which three Asian banks are still hiring
Earlier this week, we highlighted M&A as an area which will potentially see more recruitment growth in Asia amid the dismal news of redundancies and headcount freezes in financial firms. And here’s more proof of life: the Singaporean banks DBS, UOB and OCBC are on a hiring drive in finance tech. Although there aren’t hundreds [...]
HSBC job cuts: Singapore saved; Hong Kong hit
Yes, we’ve all heard HSBC’s dramatic announcement that it will slash 30,000 jobs globally, mostly in the back office. But some light has now been shed on what this means for Asia Pacific. The Straits Times reports that the firm will not axe staff in Singapore and will instead hire up to 1,000 people in [...]
CV Sins: Seven mistakes that finance techies make
In the first of our CV Sins series, we focus on finance technology and reveal some of the most common resume blunders made by IT professionals. We’ll put other job functions under the microscope in the weeks to come. 1) Avoid being an IT generalist Georgina Parker, associate director, Nicoll Curtin Technology, sees many CVs [...]
Forget the golden rice bowl: It’s time to take on an IT contracting role
Once undesired and unloved, finance tech contract jobs have witnessed a recent resurgence in Singapore. Peter Noblet, regional director, Asia Pacific, Hays, saw an increase of 25 to 30 per cent in the last three months. Ambika Sinha, manager, IT, Morgan McKinley, has likewise seen a “substantial jump”. Sought-after jobs typically include project managers, infrastructure [...]
Is Asia stealing Australia’s best banking techies?
Banks in Australia continue to need senior IT professionals, but the lure of better compensation, lower tax and plentiful jobs means Asia, in particular Singapore, is becoming an attractive option for Aussie techies. “Banks in Australia realise that they don’t operate in isolation from what’s happening in the broader APAC region. They know they face [...]
Guest Comment: Sorry, but candidate salary expectations are just way too high in banking IT
We have seen IT vacancies in the banking sector in Singapore increase steadily in the past few months as the Asian economic outlook continues to improve. Areas that are seeing particularly strong demand are FX and equities. This is great for the industry, but as a result we are finding that the supply of candidates [...]
Editor’s Take: welcome to Mumbaipore
For IT roles, perhaps more than for any other, banks in Singapore are forced to go global with their job searches. Why? Singapore is an IT hub, so it needs a lot of techies. Banks often hire in the hundreds in one hit, so the scale and time pressure involved can be greater than when [...]
IT pay increments: revenge of the nerds?
After suffering a year of stuttering salaries, Singapore’s IT professionals might soon get their own back on the banks as rising recruitment levels push up pay increments for experienced developers. Credit Suisse and Merrill Lynch have recently joined RBS, Barclays and Standard Chartered as the city state’s main finance tech recruiters. Although they aren’t yet [...]
IT jobs: the contractors are coming
The proportion of banking IT roles which are offered on a contract basis is increasing in Asia. But while a few banks – most notably Barclays in Singapore – are still carrying out sizable IT hiring, overall recruitment levels are down as the financial crisis hits the tech world. “There has been a slight increase [...]
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