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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 [...]
Private banking recruitment: 2010 will be better
Like so many sectors in 2009, private banking didn’t have much of a year to write home about. This year might have better things in store. Pete Millett, director of recruitment firm People Services International, says he expects to see hiring levels increase during 2010, predominantly in the lower level private banking services offered by [...]
Big Four a bore? Try banking in 2010
You couldn’t blame Big Four accountants for starting the new year with a resolution to get a more interesting job. But what are the chances of them landing something in the banking sector in 2010? Hiroyuki Takahashi, a consultant at Hays, says it is fairly easy for accountants to make the transition into banking if [...]
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 [...]
2009: a review of recruitment
Good(ish) year Corporate governance Yes, there were redundancies, but with weak corporate governance structures cited as one of the main causes of the financial crisis, it appeared that many companies were wary of laying off too many governance professionals to avoid the ire of shareholders, government regulators and investors. “Lay-offs were not as deep as [...]
The ups and downs of working hours in Japan
Long hours are part and parcel of banking – most of the time. While the financial crisis has seen many people in banking working even longer hours than normal, it appears that some have actually been working less. “Yes, some firms did impose ‘zero-overtime’ or ‘maximum-overtime’ policies during the worst part of this financial crisis,” [...]
Some snippets of good recruitment news
Good hiring news has been thin on the ground the past 18 months, but that might be about to change. Tokyo’s recruiters say there are some areas where hiring is starting to pick up. Samuel Griffiths, associate director of financial services at Robert Walters Japan, says two hiring trends have emerged across the industry in [...]
Asset management hiring remains flat
Funds appear to be showing signs of recovery, but is demand for asset managers following suit? Paul Guevara, an equities recruitment consultant at Boyd & Moore Executive Search, says fund performance has improved across the board from the start of the year, but most asset management firms still need to attract new investment before they [...]
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Why real estate isn’t great
Sumitomo Trust & Banking and French insurer AXA are set to launch a joint property fund that will target office buildings in prime areas of Tokyo. This comes on the back of what the firms say are signs of regained interest among major investors in Japan and abroad in resuming or starting medium to long-term [...]
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