Sector: compliance
Blankfein explains why Goldman won’t open a trading floor in Salt Lake City
Today is the day of the Goldman Sachs annual general meeting in Salt Lake City. This is the first time the bank has held its AGM in Utah, some 2,000 miles from Wall Street, and it may not be the last. Together with Dallas, Bangalore and Singapore, Salt Lake City has been identified as one […]
The demise of the banking elite and rise of the smug compliance person
So you want to have a banking job? And you want to have a banking job in the so-called ‘front office’, where you will be able to earn lots of money and make calls on the direction of asset prices? Good luck to you. While hundreds of thousands of people work in banking worldwide, the […]
Daily Dispatches: Asia in grip of compliance talent shortage
Earlier this month we reported that a shortage of compliance professionals in Singapore and Hong Kong was driving up salaries and forcing banks to look abroad for talent. Now a new survey by recruitment firm Robert Half has confirmed that middle-office and support roles are in demand globally, with accounting, compliance and risk staff particularly […]
Six job functions where you can still land a role in Asia
If you are looking for a financial services job in Hong Kong or Singapore, you’re probably applying for a role vacated by someone else. Firms in the region aren’t expanding their headcounts in most functions, recruiters said, especially in front-office investment banking. But there are vacancies created by employees who have left after collecting their […]
Asian compliance pay rockets by 25% as foreigners remain in demand
Senior compliance professionals in Singapore and Hong Kong can look forward to 25% salary hikes when they change employers. And the growing burden of global regulations means banks in Asia will consider overseas-based candidates. This will come as good news for Societe Generale compliance professionals in France, whose jobs are reportedly under threat. “The job […]
SocGen offers its bankers another bite at €300k voluntary redundancy packages
Good news for anyone who wants to leave SocGen and didn’t get a chance to claim the bank’s extremely generous voluntary redundancy packages in 2012: they’re allegedly on offer again. Michel Marchet, a representative of the French CGT union told us that SocGen’s bankers have negotiated the same terms as previously for what Reuters says are 600-700 […]
The Easter predictions of Matthew Hoyle in Hong Kong
“Everyone’s looking for compliance and control professionals. It’s all about compliance managers, risk managers and the odd COO. There’s very little going on here in terms of front office hiring – and that will continue. Banks in Asia are trying to get their houses in order and to sort out their controls before they start […]
Work in Chinese compliance, double your salary
Salaries are shooting up for compliance professionals in China as the regulatory burden rises and candidates remain hard to find. Chinese compliance pay was “going through the roof” this year for those moving between banks, said Alex Eymieu, a financial services partner at search firm CTPartners in Hong Kong. “The average raise this year is […]
Six skills that will help you secure a job in sunny Australia
Australia doesn’t just provide warm weather and beachside lifestyles; its financial sector is slowly starting to crank out jobs again after a long southern summer slumber. Many jobs are driven by regulatory change and not growth, but a domestic talent shortage means employers are still hiring globally. Here are six sought-after skills that could land […]
The Easiest Finance Jobs to Walk into Worldwide
If you’re looking for a job in finance and can’t find one, take heart: Hiring is still happening. Yes, the number of candidates exceeds the number of roles, but this is always so. And there are some areas where the ratio of candidates to the ratio of jobs is lower than others. Using data from […]
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