Hot market for planners

18 January 2008
| By Mike Taylor |

Competition continues to be intense for the best candidates in the financial services employment arena, according to the latest data published by recruitment company Hays Banking.

The January Hays Quarterly Forecast released this week has revealed what the company describes as a definite upswing in permanent vacancies.

“The shortage of experienced skills means solid candidates will be snapped up with speed in 2008, and provided job seekers know what they want and why they want it, it is a year that will provide prime opportunities to advance your career,” Hays Banking director Nick Deligiannis said.

Within the wealth management arena, the Hays analysis suggests financial planning graduates, client and investment administrators and planning support personnel will be in demand.

“Meanwhile, within senior banking, business development managers and relationship managers are in demand across corporate, commercial and property finance,” it said.

The company said that those with property investment banking and mergers and acquisitions experience were in particular demand.

However, it said that, conversely, the demand for business development managers in the mortgage/consumer area had declined due to the general slowdown in the market and problems associated with the sub-prime crisis in the US.

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