JP
Company: Robert Walters
No longer last on the list: Contracting in Japan’s financial sector is experiencing new-found popularity
Contracting has never been conventionally popular with Japan’s finance professionals, but increasingly this seems to be changing. There’s been a greater receptiveness to hiring contractors over the last two months, says a recruiter we spoke to. Demand poised to jump 20 per cent Contracting is becoming more popular largely because there are more hiring freezes [...]
After the donut bonus, now comes the donut pay rise
Japan’s professionals are having a truly glum year in terms of pay. A recent Robert Walters global poll says the country’s white collar workers are the most likely in Asia to get donuts for salary raises. Even if they do get an increase, it will be minimal (a paltry 5 per cent or less). According [...]
Three months on and recruitment in Tokyo is still slow
It’s been close to three months since the March 11 disaster in Japan. Much has happened since then, so we thought it timely to take stock of the country’s recruitment market in financial services. Recruiters are unanimous in declaring that new hiring has slowed down post-crisis as firms grapple with the double whammy of the [...]
Banks tell headhunters to find more female execs, while Nomura, Morgan Stanley, RBS and Citi appoint women to senior roles in Asia
We all know that female bankers at the top of the food chain aren’t all that common. A recent poll in Financial News found that less than 5 per cent of senior executives in investment banks are women. In Asia, however, a string of senior appointments and requests to recruiters to select more women for [...]
The reliance on compliance in finance
Here’s some good news. On the back of increasing external regulatory pressures and internal global compliance initiatives, there is growing demand among major financial institutions in Tokyo for bilingual compliance specialists. John McCrohon, director of financial services at Robert Walters Japan, says that has translated into an increased number of openings for market/trade surveillance and [...]
Are juniors doing better in the job market than seniors?
Senior level hiring at Japanese banks is in a bit of a slump. John McCrohon, director of financial services at Robert Walters Japan, says most of the current hiring is at AVP or VP level, with limited activity in the MD and above range. Mika Nomura, business director at Hays Banking, has also seen very [...]
How to assemble an English CV if you’re a Japanese banker
Forget interview skills and track records, the first hurdle facing Japanese bankers hoping to land a position at a foreign bank is putting together a compelling English CV. Fortunately, Tokyo’s recruiters have a few pointers that might help make the difference between the CV slush pile and getting a foot in the door. Kevin Naylor, [...]
The changing face of FX hiring
The world of FX is changing in Japan: hiring for institutional FX roles is on a downward path, online could be on the way up. Samuel Griffiths, associate director of financial services at Robert Walters Japan, says demand for FX professionals has remained quite patchy on the securities side of the business, largely due to [...]
Revenge of the nerds: IT jobs take off in Tokyo
After a mostly grim 2009, demand for candidates to fill IT banking roles in Tokyo has come back with a vengeance. James Kikuchi, associate director of information technology at Robert Walters Japan, says the recovery started in the latter part of 2009, with a surprisingly busy Q4. “That has continued this year. It has been [...]
2010: hot (and not so hot) jobs for the new year
Good year Bilingual candidates Being bilingual has always been an asset, but Japan-based bankers who’ve put in the effort to learn another language could well have an even greater edge in 2010. “The talent pool has been reduced by this crisis – as many candidates left Japan – and banks want the maximum bang for [...]
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