IE
Sector: Corporate banking
Banks beginning to hire for SME lending teams
Ongoing governmental calls for Irish banks to increase their lending to the small and medium enterprises (SME) sector appears to have had some affect – firms are beginning to recruit in this area. According to recruitment sources close to the situation, Bank of Ireland and KBC Bank Ireland are currently making enquiries about the possibility [...]
Irish bankers take contract roles to secure salary increases
Bankers in Ireland are increasingly leaving the security of their full-time position for a long-term contract role in a bid to secure the pay rise and promotion that is proving so illusive in their current post. The ongoing permanent recruitment freeze within Irish banks means that the majority of jobs on offer are on 12-18 [...]
Ireland’s banking crisis laid bare
Excessive remuneration, a lack of skills in the financial regulator, irresponsible lending and a “national blind-spot” for property acquisition were all to blame for Ireland’s distinctly “home-made” banking crisis. By now, the reasons behind Ireland’s banking woes should be evident to most people locally, but international experts have just released a highly critical report – [...]
The rise of the temp
Domestic banks in Ireland are likely to be offering contract or temporary roles – sometimes as short as one month – instead of permanent positions for the medium to long-term and only exceptional candidates can gravitate towards a full-time place. The hiring freezes in place at Ireland’s large domestic banks are well-known, and the policy [...]
Would anyone now want to work for Irish Nationwide?
One of the options available to Irish Nationwide in its EU state-aid restructuring plan is simply a complete wind-down of the society. Despite the inevitable human cost, is this the preferential choice? At yesterday’s AGM, society member Brendan Burgess launched a scathing attack against Irish Nationwide, saying that it was just a “€2.4bn loan book” [...]
EDITOR’S TAKE: Ireland’s bankers should not be stigmatised
Yesterday evening, during which was supposed to be a peaceful protest against the bail out of Ireland’s banks by the Right to Work campaign, a breakaway group of 100 people charged the gates of Leinster House in an attempt to gain access to the grounds. The resulting melee was nothing to write home about – [...]
Ulster Bank has chopped staff costs by 24%
It’s fair to say that RBS employees in Ireland have been particularly badly affected by the bank’s ongoing cost-cutting exercise, with 1,000 redundancies hitting its Ulster Bank operations over the last 18 months. This is starkly illustrated in its Q1 report, which reveals staff costs have shrunk by 24% over the last year. Ulster Bank [...]
Why you may need to speak Danish to gain an Irish financial services role
Job opportunities within the Irish financial services sector are obviously thin on the ground currently. To make life a little more difficult, an increasing number of the roles that are available need people with relatively niche language skills. European language skills, such as French and German, are being sought after for roles within international banks [...]
Irish Nationwide still hiring in wake of €2.5bn loss
Proportionately, Irish Nationwide Building Society’s exposure to the commercial property sector is as big as Anglo’s. It’s also just reported a loss of nearly €2.5bn for 2009. Yet it is still looking to hire. The firm’s gargantuan losses are down to setting aside €2.8bn for loan losses, resulting from a period of reckless lending orchestrated [...]
Which Irish bank is currently the most attractive to work for?
In the current climate, it’s not a question many people would like to be asked: Which of the domestic Irish banks would you rather work for? It’s a bit of a moot point anyway – all of the banks currently have hiring freezes in place. Nonetheless, despite the backlash directed towards NAMA, it could prove [...]
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