Tag: Risk Manager

GUEST COMMENT: Why I’m giving up my financial services career aged 35

This year, I’ve decided: I’m stopping. And it’s not just another empty New Year’s resolution. My decision is final. No, I’m not retiring – unfortunately. However, after more than 10 years working on the buyside, I’m throwing in the towel. I’m leaving for a hotter continent to launch my own business, thousands of miles from [...]

More cost-cutting to come at AIB, but jury still out on redundancies

Financially, the outlook at Allied Irish Banks could barely be bleaker, with the bank last week reporting a pre-tax loss of €2.66bn (2.4bn) for 2009 and a tripling of its bad debts. Yet, while managing director Colm Doherty has been bullish about continuing “aggressive cost-cutting”, recruiters are divided as to whether this well mean massive [...]

Salaries static, work life balance makes a comeback

Irish financial services workers have been staying put in 2008 and as a result the salary inflation that has been so common in recent years has stopped and pay has largely remained frozen. The latest salary survey by recruiters Premier Group paints a picture of caution and a renewed focus on sticking with what you [...]

Frozen pay and smaller bonuses for Irish financial sector

Irish financial sector workers will face a year of static salaries and shrinking bonuses in 2009, according a new salary survey. The survey, the latest from recruiters Brightwater, understandably paints a quite different picture to this time last year, when those in financial services were experiencing rapid pay hikes as firms tussled over a limited [...]