Sector: Asset Management

NAMA is hiring 60 more staff by the end of Q3: here’s where

NAMA’s expansion since the beginning of last year has been big – it started with seven staff, increased headcount to 104 by year-end and now has 140 employees. Despite this, it still plans on recruiting 60 more before the end of the third quarter of 2011. The body has just released its first ever annual [...]

Where, exactly, will these 10,000 new IFSC jobs be?

As far as barnstorming announcements go, this was a pretty big one – the government wants to create 10,000 new jobs in the IFSC over the next five years. One of the first questions to ask is whether there’s a big enough skills-base locally for this sizable expansion plan. After all, a large proportion of [...]

Reasons to believe quants are becoming the new hot property in Dublin

BNY Mellon’s decision to create 50 new funds jobs in Dublin is reflective of a wider recruitment trend in the sector around the pricing and clearing of derivative products. The likes of BNY Mellon, HSBC, State Street and BNP Paribas are all creating asset servicing jobs around derivative products, according to various recruitment sources. In [...]

The new raft of property asset management roles in Ireland

Asset management hiring in Ireland is generally quiet, but more banks are looking to secure the services of money managers with expertise in property in a bid to get the most out of their tumbling portfolios. More banks in Ireland are recruiting fund managers in an attempt to maintain the market value of the commercial [...]

Questions to expect in asset management interviews, and answers employers want to hear

Coming up with model questions asked within asset management firms in Scotland is as difficult as coming up with a model answer that’s guaranteed to blow any potential employers’ socks off. Questions will vary by area of expertise, seniority and whether the firm you’re interviewing with is a boutique or a large investment house. However, [...]

Why more front offices roles are coming to Ireland

Irish financial services professionals may have one reason to thank the recession – the cheaper cost of business is attracting some international firms, which are creating front office jobs. Cantor Fitzgerald, the brokerage firm, is on the cusp of acquiring an as yet unnamed brokerage firm in Ireland as part of its equity trading expansion, [...]

Has Bank of Ireland really been deceptive over bonus payments?

Bank of Ireland has been paying bonuses. In fact, it may have been paying many millions of euros in bonuses since accepting state aid in 2008, much to the outrage of the Irish taxpayer. But has the bank been actively hiding this fact, or has the government just been slow in chasing up the details? [...]

Financial services professionals “genuinely excited” over NAMA opportunities

As we’ve alluded to previously, NAMA’s extra workload means it needs to staff up, and now it’s emerged that the body intends to bolster its headcount by 50 over the next four months. Perhaps not surprisingly, there’s no shortage of interest. NAMA is now tasked with managing the portfolios of some 150 developers in Ireland, [...]

Irish banks’ new pay quandary

With new EU rules on banker pay coming in to play next year, Irish banks could potentially raise base salaries in order to compensate for reduced bonuses, or risk losing key staff in profitable business areas to competitors overseas. Irish banks have been a little tardy when it comes to tightening up pay practices. As [...]

Is Irish Life & Permanent now the place to be?

Life is still far from entirely rosy at Irish Life & Permanent, but as the only domestic institution to escape any sort of state ownership, it looks a safer bet than most other banks. Should you therefore be considering a move there? In order to meet the Irish Central Bank’s new capital requirements of 12% [...]