Financial services recruitment on the up: Hays

financial planning

12 April 2012
| By Staff |
image
image
expand image

Senior financial planners and paraplanners are in high demand by domestic banks, according to the latest report by recruitment firm Hays.

After a relatively subdued first quarter, the big banks have finalised their recruitment strategies and are ramping up for the second quarter, said the report.

"While banks are still watching costs closely, a number of the large Australian and international banks are still seeking strong senior leaders for permanent vacancies," said the report.

Boutique financial planning firms that are looking to expand their businesses are also keen to recruit new staff, according to the report.

Hays predicted business development managers would be in high demand during the second quarter of 2012 "in the corporate and top tier space".

The investments industry has also seen account manager, performance analytics and FX and payments operation vacancies open up, said Hays.

In addition, the prospect of regulatory changes and a greater focus on operational risk has seen a number of auditors move into financial services roles, said Hays.

"As the use of technology increases, candidates with a strong appreciation for management information systems or business intelligence tools will be in greater demand as organisations seek to drive process improvement and efficiencies within their business," said the report.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

1 month 3 weeks ago

This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...

2 months ago

Interesting. Would be good to know the details of the StrategyOne deal....

2 months ago

SuperRatings has shared the median estimated return for balanced superannuation funds for the calendar year 2024, finding the year achieved “strong and consistent positiv...

2 weeks 3 days ago

Original bidder Bain Capital, which saw its first offer rejected in December, has returned with a revised bid for Insignia Financial....

1 week 3 days ago

The FAAA has secured CSLR-related documents under the FOI process, after an extended four-month wait, which show little analysis was done on how the scheme’s cost would a...

1 week 1 day ago

TOP PERFORMING FUNDS