Sector: Compliance / Legal
Electronic trading and regulatory functions to expand in 2011
Watch out for these two hot jobs in the new year. Electronic trading sales In 2011 you can expect to see higher demand in areas of electronic trading services. As investors look to reduce the cost of transactions, firms are offering innovative services in e-trading to ensure the best execution, transparency and liquidity. “Some of [...]
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 [...]
Lawyers are still suffering
Demand for in-house lawyers has been hit hard by the global economic crisis but could there be hope on the horizon for Tokyo’s swollen ranks of unemployed legal eagles? Matt Anderson, manager of the finance and banking team at Legal Futures, says in the wake of post-Lehman job cuts and hiring freezes, he has never [...]
Recovery for compliance jobs?
Japan has a new government and it might be about to get some new regulation. Just a few days after romping to a landslide victory, Japan’s new prime minister, Democratic Party of Japan leader Yukio Hatoyama, suggested his administration would be looking for more government oversight over the financial markets in an attempt to strike [...]
Don’t expect a boom in insolvency jobs
Japan set a new post-war record for bankruptcies by listed companies late last year when homebuilder Morimoto Co filed for protection. And across the board, bankruptcy numbers are up on 2007, according to figures from research firm Teikoku Databank. Could this then mean that some financial firms will be looking to strengthen their insolvency/restructuring teams? [...]
Japanese compliance hiring is not dead
Compliance recruitment may be sluggish in Japan, but Tokyo’s recruiters can still see opportunities out there for strong candidates. Alan Graves, division manager, Robert Half Financial Services Group, says although demand for compliance is not as strong as it was earlier in the year, compliance remains an area where firms are usually open to considering [...]
Severe slump in compliance market, but superstars still wanted
Compliance recruitment has come crashing down in Japan. Demand for compliance officers at the major international banks is much lower than even a month ago, says Matt Anderson, a manager at recruiters Legal Futures. It seems that compliance is not the recession-proof industry that some assumed it to be. “We’re only at about 20% of [...]
Lehman and Bear to draw blood in Asia?
Will the crisis at Bear Stearns, and Lehman’s plan to axe 5% of its global workforce, mean heads will roll in Asia? Lehman is making no formal comment on the plans but it’s understood that while cuts will be made across all businesses in all regions, the majority of the redundancies will bite in the [...]
JP
