luxemburg

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 [...]

Eli Lederman

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, [...]

Image via wikipedia

Seriously Ireland, don’t worry about the UK’s hard-line stance just yet

The UK government’s decision to opt out of the new fiscal rules in the eurozone has its fair share of critics locally (even if it has won cautious approval from the electorate), but in Ireland there are concerns that thousands of jobs could be at risk as a result of the move. If the UK [...]

Elaine-Liston

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) [...]

GUEST COMMENT: Why I turned down a role at NAMA

When I returned to Ireland this year, it was after ten years working abroad (latterly in the Middle East) within senior private equity and asset management roles focused on the real estate sector. It was clearly evident that, in terms of volume hiring, the National Asset Management Agency (NAMA) was just about the only gig [...]

Eoin-Blake

GUEST COMMENT: Irish financial services professionals need to get over their ‘safety first’ attitude

To say the least, Ireland has had it tough over the last three years. 2008 marked the start of the worst recession the country has ever seen and just when things look like improving, the eurozone is suddenly on the precipice. Understandably, therefore, the predominant emotion among many financial services professionals has been fear. Any [...]

Paul-Clarke

EDITOR’S TAKE: Even bailed out banks need to pay more than €500k

To most people, the prospect of a €500k salary is the stuff of dreams. To an experienced chief executive of a large bank, it’s something of a derisory offer. AIB’s search for somebody to take over the helm has been going on for almost a year. David Hodgkinson has filling the void in the meantime [...]

GUEST COMMENT: Why I left Ireland for Canada

In the current economic climate the concept of Irish professionals emigrating to foreign climes is not a new one. More and more finance employees (or should I say former employees) have moved on to bigger financial centres like London, Sydney and New York over the last couple of years as job opportunities dried up locally. [...]

erica_skelly

GUEST COMMENT: Irish candidates are realising the benefits of contracting

If there’s one thing that the latest iteration of the financial crisis has bred in Irish candidates looking for their next career move, it’s a willingness to take risks, and this is manifesting itself in a new-found desire for contract positions. Permanent positions do exist, but they’re becoming a minority. Long sign off periods, official [...]

Eoin-Blake

GUEST COMMENT: Seven tips to get yourself headhunted

If you’re a financial services professional in Ireland unfortunate enough to have been made redundant in the last year, you’re still likely to find a frosty job market. The industry is practically unrecognisable from its peak in 2007; European banks have put the brakes on (or in some cases ceased trading), the majority of domestic [...]