Goldman Sachs intends to add 250 to 300 people in Poland – a 50% to 60% increase on current staffing levels in its Warsaw hub.
The news is due to be announced today at an event for local Polish students and media. Brent Watson, head of Goldman’s operations in Warsaw, says the new recruits are part of Goldman’s, “longstanding strategic focus on Poland and commitment to provide 24 hour coverage to our clients.”
Goldman Sachs opened a Warsaw office in 2011 and began to expand it rapidly in 2013, with a focus on technology and operations staff. As the office expands further, Watson says additional functions like risk, finance, human capital management and securities division strats will also be housed in Poland. As we noted previously, by housing securities strats jobs in Poland, Goldman is edging Warsaw away from being a purely middle office hub.
Goldman Sachs currently has around 60 job vacancies in Poland. This compares to around 100 job vacancies in London. As a centre for fast-growing technology and strats jobs, Warsaw stands to be one of the fastest growing Goldman offices in Europe – irrespective of Brexit.
Watson says Goldman’s Warsaw office is, “primarily focused on local hires,” and that the bank is, “active on campuses across Poland,” where it’s on the look out for candidates with, “a background in economics, computer science, and finance, but also liberal arts.” However, there will be openings for more experienced staff in Warsaw too, and here Stein says Goldman will, “offer opportunities to GS employees in other offices looking to develop their career through internal mobility.”
Last week, it was revealed that Goldman Sachs is creating 80 new jobs in Milan and that 40 jobs being shifted from London to mainland Europe.
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