Sector: Operations
Five simple CV tweaks to make investment ops professionals more desirable to recruiters
Investment operations firms are hiring again, and people working in this sector have voluminous job opportunities within large firms in both Glasgow and Edinburgh. However, to assume that the sector is back to the job-hopping days of 2007, when skills were short and pay rises were frequent, would be wrong. Employers are still being fastidious [...]
If workout specialists are hot, manager level hires are hottest
It’s a sad irony, perhaps, that some of the roles most in demand within Ireland’s financial sector are directly related to salvaging the toxic assets that pulled the country into the current economic mire in the first place. Financial professionals employed to work out distressed property assets in Ireland have long-been hot property, but those [...]
Working in the public sector in Ireland is no longer an easy ride
The time was that getting a role in the civil service was something of a cushy number; a place to lay fallow until the inevitable presentation of a glass bowl upon retirement. Not so any more, at least within the institutions associated with Ireland’s financial sector. Both the Central Bank of Ireland and NAMA are [...]
Is no one leaving Anglo?
It’s been a brutal couple of days for Anglo Irish Bank – its €17.6bn full-year loss is not only the largest in Irish corporate history, but prompted its chairman Alan Dukes to suggest the Irish banking system needed a further €15bn capital injection (and placed it on CNN’s list of ‘world’s dumbest banks’). What’s more, [...]
Why back office roles within Irish banks are in the firing line
AIB’s sale of its Polish unit to Santander may be good news for its balance sheet (and indeed its share price), but it also underlines one rather harsh reality – working in a back office function in Ireland is a shaky position to be in. The sale adds €2.5bn to AIB’s coffers, as it attempts [...]
Expansion is on the cards for Ireland’s fund administrators
A return to the heady days of voluminous recruitment within Ireland’s fund administration sector is still some way off, but confidence has returned to the sector and (whisper it) jobs opportunities are back again. State Street and other large firms are starting to bolster their ranks within the fund administration arena again, says Gavin Nangle, [...]
Are things beginning to look up at State Street?
After paying back government bailout money, State Street posted a second quarter loss of $3,3bn, so it’d be optimistic to suggest that it’s about to start bolstering its Irish team again. However, some signs point to the fact that things are getting slightly better for the company. In December last year, State Street announced it [...]
Some fund administrators quietly recruiting
The previously frantic recruitment scene within Ireland’s funds industry has been something of a ghost town over the last nine months. However, there are signs that hiring is kick-starting once again, but mainly within multi-national firms. Speaking about the Irish funds industry in the annual Hedge Week special report on the country, William Slattery, head [...]
Regulation could boost Ireland’s funds industry
Ireland has ambitions to expand its role within the fund administration sector, and believes its reputation as a regulated funds centre will give it an advantage. However, jobs have yet to be created as a result. John Hamrock, a member of consultancy Kenetic’s regulatory consulting practice, says Irish fund administrators are already benefitting from a [...]
$200k to work for Goldman Sachs in Ireland?
Goldman Sachs Bank (Europe), the Dublin-based deposit taking and hedge fund admin arm of the US giant, has had a very good 2008 indeed. And, it seems, it pays very well to work there. In its first substantial trading period over the 57 weeks to December 2008, the bank managed to post revenue of over [...]
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