Sector: Asset Management

NAV employees prove hard to hold onto

To the uninitiated, a NAV may sound like a piece of exciting new getting-directions technology for the car or an emergent social phenomenon, but the reality is more mundane. Recruiters say it’s one reason for Ireland’s current skills shortage. Ireland’s financial services sector is focused on the business of fund administration, and to a large [...]

Will Dublin catch up to London-style bonuses?

At this time of the year, the City of London is overflowing with cheery souls preparing to spend money. Why? End-of-year bonuses are about to be paid. Dublin may be equally full of cheerful faces, but spending power in the city is considerably less. While London’s bankers can clock up bonuses equal to many multiples [...]

IT business analysts in demand, command more pay

Financial technology companies in the Republic of Ireland are suffering from a shortage of experienced of business analysts. “There’s a real shortage of good people,” says Jarlath Dooley, head of operations at Dublin-based Fineos, a financial services software provider. “Analysts are especially hard to find here: there’s a lot of demand and it’s a skill [...]

Dublin short of hedge fund admin help

Last August, BISYS, the financial services multinational, revealed plans to create 250 jobs in Waterford, in the south east. In doing so, the company is following in the footsteps of International Fund Services (IFS), which opened an office in Naas Country Kildare last summer, and PFPC, which opened a Wexford office in 2002 and will [...]

Dublin front office wave still offshore

Chris Manfield, a headhunter at Whitney Group ‘s London office, sources talent for investment management businesses in Ireland. He says many of Ireland’s largest funds look for staff from abroad: “There isn’t necessarily the quality of people in Dublin, and big funds like Pioneer have the ability to source staff from anywhere given their fundamental [...]

Job wrap: Heavyweights bow out, banks expand

Derek Walker, chairman of Morgan Stanley Europe, and Sir John Bond, chairman of HSBC, announced their retirements last week. Walker, who will stay on as a senior advisor, was replaced by Jonathan Chenevix-Trench, chairman of Morgan Stanley’s institutional securities business and of the European management committee. Sir John Bond announced he will retire as HSBC [...]

Double-digit pay rises for Dublin fund workers

Financial services staff based in Dublin are in the grips of a pay and hiring boom. A new study by middle and back office recruiter Joslin Rowe suggests Ireland’s finance staff, many of whom work in fund administration and fund accounting roles, have seen salaries leap 16% in the first six months of 2005. The [...]