IE
Sector: Credit
Workout specialists are now receiving pay rises of up to 20%
Three years’ ago, if you were a corporate banker forced into a property loan workout role just to remain in employment you’d have probably considered yourself a little hard done by. Now, as a seasoned professional in this niche yet in demand area, you’re likely to be the subject of a bidding war. Pay is [...]
Why NAMA’s appeal as a place to work has just increased
Irish banks are getting smaller, but Ireland’s ‘bad’ bank NAMA is about to grow larger. Although it only has a relatively diminutive team currently, NAMA is hiring and its appeal as a place to work has just increased. One of the less-noticed elements of the €85bn EU-IMF bailout is that NAMA is set to take [...]
Some Irish financial services professionals are securing pay rises
As last week’s news demonstrated, there have been few positives to take from the onset of NAMA. However, one up side is that credit analysts have found themselves in increased demand and (amazingly in this market) managed to secure pay rises. According to a study from Irish financial headhunters Lincoln Search & Selection, demand from [...]
Anglo’s ex-head of credit investment re-emerges in MD role at Nigerian bank
The former head of credit investments at Anglo Irish Bank has resurfaced at the local subsidiary of Nigerian firm, Afribank, making him one of the few senior members of the beleaguered institution to find gainful employment elsewhere. Andrew Curtin moved to the post of managing director at ANP International (ANPI) – an IFSC-based subsidiary of [...]
Big cuts coming because of “bad bank”?
While the National Asset Management Agency (Nama) is likely to create some jobs, ironically it might also be responsible for spurring the first widespread redundancies within Ireland’s domestic banks. The Irish Bank Officials Association (IBOA), the bankers’ union, has said it wants to get involved in the negotiations around the government’s plans to make a [...]
Job cuts expected as property tumbles further
New research suggests slumping investments in commercial property will hit Irish banks so hard that they’ll now be forced to make redundancies. Research from Davy stockbrokers suggests the ‘golden age’ of commercial property is skidding to a halt, and that banks and developers are staring at a €30bn ‘black hole’. Davy estimates that commercial property [...]
Crazy about credit analysts
“We have over a dozen vacancies. Dozens of banks and financial services operations are hiring at the moment,” says Alan Bluett, banking and financial services recruitment manager at The Panel. Anglo Irish Bank recently announced that its lending activity surged by 18% for the six months until the end of March. It currently has a [...]
Credit where credit analysts are due
Dublin credit market growth is leaving some risk recruiters breathlessly trying to keep up with demand. James Hayes, manager for banking and financial services at Robert Walters, reports the traditional corporate lending market is “growing and growing”, both domestically and internationally. Meanwhile, the structured credit market is being spurred by Dublin-based German institutions. It’s a [...]
Global custody hiring surging ahead
It may not be a repository of the most exciting and well paid jobs in financial services, but when it comes to sheer appetite for staff, there is little to rival the global custody industry. As things stand, the custody industry already employs tens of thousands of people globally. At the end of last year, [...]
Follow eFinancialCareers
What is RSS?
Advice
