IE
Company: Hudson
If you want to get a job in Irish financial services in future, you will probably need to be qualified
A change is underway in Irish financial services recruitment. As of last month, the Central Bank of Ireland has begun implementing new fitness and probity regulations that will affect the way firms hire staff. The regulations won’t be fully implemented until December 2012, but with 11 months to go, it’s worth preparing for their arrival. Under [...]
GUEST COMMENT: Why the new competency requirements will make financial sector recruitment decidedly more drawn out
Next year, job-seekers in Ireland’s financial services industry don’t just have to worry about the buoyancy of the market, they will also have to deal with employers’ increasing stringency when it comes to recruiting new staff. From December, the vast majority of people working in the financial services (with the exception of call centre staff) [...]
Loan workout specialists will be hot in Irish banks for years to come
With Irish banks wrestling with a large book of underwater loans, demand for workout specialists has been ongoing over the last 18 months – whether that be for Nama, asset recovery vehicles or just making best of existing arrangements. The bad news is that the frenzied level of recruitment seen back in 2008 is showing [...]
Irish fund administrators may soon be moving to New Zealand
If Irish fund administration professionals find the prospect of stunning scenery, a close proximity to the All Blacks and being outnumbered 13 to one by sheep an appealing prospect, good news is on the horizon. New Zealand is making a play to become a bigger player in the sector. The New Zealand government has this [...]
The ‘Newcits’ jobs boom for Ireland’s fund administrators
The administrative burden of the increasingly popular Ucits funds being rolled out by European hedge funds (often termed ‘Newcits’ because they replace existing strategies) means firms in Ireland are being required to staff up. Ireland’s fund administrators have reasons to be thankful for the impending EU-driven Alternative Investment Fund Management Directive. Ucits, European funds called [...]
The renewed appeal of working in the IFSC
With employment opportunities within domestic banks obviously rather scarce, firms in the IFSC are currently providing the bulk of the Irish financial services jobs. Not surprisingly, they’re proving rather popular. The hiring freeze continues within Ireland’s big banks, but after a difficult period it’s the international firms in the IFSC that are creating jobs again. [...]
GUEST COMMENT: Irish bankers are optimistic, but not naive
In the current market conditions, optimism within Ireland’s banking sector is hard to come by. But, while the situation does not look like drastically improving in 2010, the majority of financial services professionals we surveyed in January believe the worst is behind us. Nearly half (48%) of respondents to our survey said they were confident [...]
Why Irish financial services redundancies don’t appear to be getting any better (or much worse)
Despite the increased sense of optimism around the Irish financial services jobs market, official figures suggest that the number of people being made redundant remains in line with this time last year. So, have things really improved? Figures from the Department of Enterprise, Trade and Employment (DETE) show that 228 people lost their job within [...]
Ex-Anglo staff’s best bet is looking for contract work
In a trend counter to Irish bankers’ reluctance to accept voluntary redundancy, Anglo Irish Bank has found itself over-subscribed by staff wanting to opt for its job cut programme announced at the tail end of 2009. So does this mean they’re right to be more optimistic of finding alternative employment now? Anglo is seeking 230 [...]
Our predictions for Irish financial services hiring in 2010
After a torrid 2009 for Ireland’s financial services industry, it’s still slightly difficult to see a light at the end of the tunnel. However, here’s our considered opinion on which sectors will fare better than others next year. 2010 could be a good year for: Fund administration: Arguably one of the largest employers within Ireland’s [...]
Follow eFinancialCareers
What is RSS?
Advice
