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Banking & Financial Services

Financial services jobs could benefit from new skills report

People looking for financial services jobs may be encouraged by a new report on skills suggesting that Britain needs to increase its number of available apprenticeships.
With in-house finance job training a necessity for most positions in the industry, a rise in accessibility could help more potential employees gain…

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EU review examines potential fluctuations in finance jobs market

A stress testing exercise has found that only seven out of 91 banks surveyed would see a fall in Tier 1 capital ratios below a six per cent limit set for their resilience to financial shocks.
This is according to a study by the Committee of European Banking Supervisors…

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Apprenticeships for banking jobs encouraged

The creation of apprenticeships in specialist professions, perhaps including banking jobs, has been encouraged.
The Recruitment Society has suggested that it would be a good idea for both the government and businesses to create a greater number of opportunities for apprenticeships in specialist professions.
Steve Huxham, chairman of the…

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Women in financial services jobs ‘hit hard’ by recession

Women in financial services jobs have been hit harder by the recession, it has been suggested.
India Gary-Martin, president of the City Women’s Network, believes that women in such jobs have faced difficulty juggling work and family matters at a time when businesses are struggling with the effects of the…

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Casual absence by those in banking jobs should not be tolerated

Employers should not tolerate casual absence from their workforce, including those in banking jobs.
That is according to the Institute for Employment Studies (IES), which reveals that companies which allow casual absence are likely to suffer from employees taking dubious sick-days.
It is suggested that this is particularly important at…

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Poor finance sector recruitment practices ‘can damage brands’

Banking professionals who get treated poorly when applying for financial services jobs could turn away from a particular bank, it has been claimed.
Warning of the risks of poor recruitment practices, newly-published research has revealed that around one in five employers still do not give any detailed feedback to unsuccessful…

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Who’s in demand – June 2010

The jobs market remains buoyant across the banking and financial services sector, and almost all those organisations who had hiring freezes last year are now actively recruiting. The beginning of the year saw the most opportunities in change management, finance and risk but the net is now spreading wider.
Compliance…

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The retention timebomb

The recession has resulted in a disengaged workforce waiting to change jobs at the first opportunity. Over three-fifths (62%) of employees are looking to change jobs, and most of these (86%) are intending to do so in the next 6-12 months.
While most employers recognise retention as a key challenge…

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Change management limited by their small pool

As the need to restructure continues to affect many organisations in the financial services sector, change management professionals remain in high demand. There are numerous temporary and permanent opportunities, but organisations are struggling to fill vacancies as there are only a limited number of professionals with change management experience on…

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The recruitment landscape toughens up

Although the job market continues to thrive, the competition for jobs is as high as ever. Employers are becoming more particular in their requirements and in this climate, jobseekers will need to match all the job requirements if they are to be successful.
The banking sector has faced immense media…

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