Slowly, structured credit hiring may be looking up in Ireland
It seems unlikely, and yet – there are some signs that structured credit jobs are making a comeback in Ireland. Needless to say, most investors and banks pulled back from the structured credit after 2008. In the bad old days Anglo had a structured credit business packaging structured credit products, and a ‘credit investments division,’ [...]
Needless to say, it no longer pays to be made redundant by AIB or Bank of Ireland
There was a time when voluntary redundancy was a good bet in Ireland. AIB’s voluntary redundancy programme last year was oversubscribed when the bank allegedly offered generous terms for those leaving. Last June, we were told AIB was offering eight weeks pay per year of service, with a maximum of 2.75 years’ taken into consideration, [...]
GUEST COMMENT: There are lots of benefits to working in Luxembourg – it’s a mystery why more people don’t give it a shot.
Months before finishing my Masters degree in Investments at the University of Birmingham, I applied for jobs in all the usual places – the big investment banks and the major financial cities, London,New York and Hong Kong. During this process, I came across an advertisement for a role in Luxembourg and decided to give the [...]
What to do if you are about to lose your job at Ulster Bank
Ulster Bank is making big cuts, but if you lose your job there, it need not be totally terminal: quite a few places are still hiring in Ireland and it’s not as bleak as in 2009. In fact, Paul McClatchie at Careers Register says that December 2011 was their “highest revenue since mid-2008”. The key [...]
A Q&A with the COO of FCA, the seeding business of FRM Capital Advisors, on what it will take to get your hedge fund seeded by them this year
Last week, hedge fund research and investment specialist Financial Risk Management (FRM) and Deutsche Bank, announced the formation of a new hedge fund seeding platform. We asked Patric de Gentile-Williams, COO of FRM’s seeding business, FCA, what kinds of fund they envisage investing in. Here’s the full interview: Q: How many hedge funds you [...]
An interview with Robert Walters, chief executive of Robert Walters
What will 2012 hold for financial services hiring? Is RBS a precursor for disaster elsewhere? Will hiring in Asia really go the way of hiring in Europe? We asked Robert Walters, chief executive of the eponymous recruitment firm. This is what he said: Q: Is 2012 going to be a bad year for financial services [...]
Forget Ulster Bank, there WILL be hiring in Ireland in 2012 and 2011 wasn’t that bad
Even as Ulster Bank prepares to cut 950 jobs, it’s not all bleak for hiring inIreland. A new survey by finance-focused recruitment firm Morgan McKinley has found that 65% of ‘professional employers’ intend to hire people in 2012. Nor was 2011 as bad as it may have seemed: last year, professional job opportunities inIrelandrose 34% [...]
Why you’re more likely to be hired, rather than fired, in 2012
Redundancies in Ireland’s financial sector have become a regular fixture of the past three years, but in a sign that confidence is returning to the job market, HR professionals are more concerned with attracting and retaining staff than letting them go. Ireland’s financial sector is in the relatively unique position globally of having a stronger [...]
ELI LEDERMAN: The end of rewarding careers in finance? Not so fast
For a generation now, jobs in finance have topped the wish lists of young people at universities around the world. When word spread that financial firms would visit campus on recruiting missions, eager applicants jostled to secure coveted interview slots. Perceived as wealth-creation machines that stamped tickets to some lavish lifestyle, the global investment banks, [...]
Salaries you should expect in Ireland’s financial services industry (and why you’re still more likely to find contract work)
We’ve now drawn a line under 2011, so we’re approaching the season when most recruitment firms are producing their review of the year and accompanying salary guides. First out of the blocks is Brightwater, which has produced and extensive list of salary figures which we’ve reproduced below. Salaries have remained largely static over the past [...]
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