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Japanese firms in China face hiring hurdles
Sumitomo Mitsui Banking Corporation (SMBC) has acquired a 24 per cent share in China Post & Capital Fund Management, and has dispatched a non-executive director to the Chinese company. Jason Tan, director of financial services and banking, PSD Group, who spent five years in Tokyo doing financial services recruitment, says: “Historically, Japanese financial institutions are renown for [...]
Making sure you are a perfect fit
Demand is strong for the best talent, though it remains an extremely competitive market for senior financial executives because some companies are upgrading the roles of CFOs and other senior finance positions. Companies need exceptional leaders to help navigate the firm into the future. And they know the importance of hiring “smart” and what can happen when [...]
10 tips for getting hired when nobody seems to be hiring
For anyone who has been searching for a financial job for more than a few weeks, the dreary and continued drain on time, effort, energy and spirit make it sometimes difficult to stay with it. You begin to wonder if you’ll ever get a job. Is anyone even hiring? To break the spell, there are [...]
Being a boss of 2,000: Stewart Carmichael, MD and CTO, investment bank, Asia Pacific, J.P. Morgan, discusses retention, his career challenges and life as a “gypsy”
Q: Was banking what you always envisioned yourself doing? No it wasn’t, I originally joined a technology firm because I was looking to leverage on the education I had in computer science. Twenty five years ago, there wasn’t as much awareness of financial services, which is much more mainstream now. I worked for a couple [...]
GUEST COMMENT: How to send out three hundred job applications for an equity trading job, and still get nowhere
I have a friend who was a junior equities trader. He joined the bank straight out of university, worked there for a few years and was made redundant. Four months into his redundancy, we spoke and he mentioned to me that he’d submitted more than 300 job applications. I didn’t totally believe this and asked [...]
What happens when your resume sends the wrong message
Mixed messages in resumes usually derive from the writer’s own mind set and that rule applies to investment bankers, fund managers, private bankers, traders of any age or nationality. From my experience, I find there are usually two mind sets which create mixed messages: superhero and scarecrow. What are these and how can they be resolved? [...]
Fly on the wall: Here’s what it’s like to be a graduate trainee at UBS
If you’ve ever wondered what it would be like to be a bright young thing being groomed for greater things at a global bank (read: graduate trainee) – wonder no more. Last week, eFinancialCareers sat in on part of a business dynamics course for 26 UBS graduate trainees from across Asia Pacific. All hail from [...]
Tell us: Would you gladly give up your cosy cubicle for an “officeless office”?
Bid farewell to your own desk along with its comforting clutter – communal work stations, or hot desking, could be coming your way soon, if a recent Wall Street Journal report is anything to go by. Unassigned work areas seem to be a growing phenomenon as companies seek to cut costs. American Express is one [...]
Guest Comment: Be the first to volunteer and the last to complain – this and other tips for managing a career in financial services
Even in the current age of crisis, the financial industry remains an attractive proposition for many graduates. Whether it’s the investment banker lifestyle, the thrill of taking on the markets with someone else’s money, or even just the opportunity to work in a dynamic and prestigious sector, the choices you make throughout your career will [...]
How to handle talent retention after an acquisition: A dialogue with Nikko Asset Management’s Ken Cogger and DBS’ Tom Pederson
Last week eFinancialCareers attended a talent acquisition and retention conference organised by EDHEC Business School in Singapore. The event featured speakers including Tom Pederson, managing director, learning and talent development, DBS, and Ken Cogger, global head of talent management, human resources, Nikko Asset Management. Both men spoke about the challenges of keeping their workforce happy. [...]
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