Company: Robert Half

The two accounting roles in investment banks which have recently become very prestigious

Finding accountants to work on regulatory reporting issues in investment banks has traditionally been something of an uphill struggle for recruiters. Similarly, management accountants have never been among the most well-regarded individuals within the organisation. Times are changing. In recent months demand for regulatory accountants has spiralled, while the role of management accountants working on [...]

Increasingly, change management contractors are being coerced into permanent roles

Change management professionals working on IT projects may be in a relative position of safety in the current climate. However, even they are subject to the new era of austerity – banks are increasingly trying to persuade this largely contract workforce to take a permanent position and those that refuse are often being ushered out [...]

Slowly but surely, investment banks are hiring techies to develop iPad apps

With every man and his dog offering some sort of mobile or tablet application, it’s safe to say that – outside of the retail space – the financial sector has lagged behind. This is changing, and some investment banks are even taking on techies to develop them. The iPad is increasingly the gadget of choice [...]

Lunchtime Links: Has BarCap increased pay by 20%?

Confusion reigns. Barclays has released its fourth quarter results and they seem to say some strange things about pay at BarCap. Moreover, BarCap appears to be endeavouring to sweep this strangeness under the carpet. BarCap compensation figures aren’t actually broken out – the bank just provides a compensation ratio. This, it said today, increased from [...]

ACA, ACCA or CIMA – which is best if you want to break into investment banking?

Back in the day, it was a sad fact of life that ACAs were given preferential treatment by investment banks recruiting accountants over those armed with competing qualifications, such as the ACCA and CIMA. But has the playing field slowly become more level? The cold, hard facts The employment figures we’ve obtained from the ICAEW, [...]

Three simple steps to improve your relations with recruiters

1) Only deal with experts You must limit the amount of recruiters you work with and make sure the ones you choose are specialists in your field, says Scott Stacey, MD Australia, Marks Sattin. “Replace them if you’re not getting the advice or honesty that you need. Good recruiters focus on managing your expectations, which [...]

Five roles surviving the summer lull

We’ve just entered August, a month when financial services recruitment is traditionally quieter than a church mouse convention. But some roles remain in demand. Based on conversations with various financial services recruiters, here’s five roles that are still particularly active. 1) Equity research Equities generally remains an area a number of banks are looking to [...]

Covering letters: 10 classic mistakes

Last week we speculated about the necessity or not of cover letters. This week, here’s some globally relevant advice from our Australian site on where cover letters most frequently go wrong. 1) What was that job again? Banks are back in hiring mode and some of them have hundreds of roles open across several departments. [...]

A nice new niche: regulatory capital expertise

Not long ago, regulatory reporting was boring. Ranked on a par with watching paint dry or interacting with gerbils, it was not sexy. A high proportion of its practitioners were contract workers, able to offset the tedium with the thought of lucrative day rates. This is no longer so. Suddenly regulatory reporting, and the subset [...]

Investment banks want interim accountants to keep tabs on costs

In spite of improved performance in the first half of this year, investment banks are still keeping a close eye on costs. The upside of this is that it’s creating an increase in demand for accountants on contract basis. Recruiters tell us that the first quarter of 2009 was a tough time for temporary accountants [...]