January is traditionally a quiet month as the banking and financial services sector finalise their annual budgets. But despite this, the increase in available roles across the market has remained a continuing trend.
Product controllers with a mixture of complex products as well as strong systems skills are in demand at the moment, with commodities being of particular interest.
Business analysts remain hot commodities as the demand for roles continues to outstrip candidate numbers.
With an ever increasing gap appearing between change and operational departments new hybrid roles for accounting controllers are being created to cover business as usual tasks.
Financial accountants and financial controllers with instrument experience, specifically Basel 2, IFRS and IAS, are in demand at many investment banks.
Candidates from an audit background are keen to move away from more traditional reporting roles into commercial analytical roles. But candidate’s aspirations to move into investment analyst and business analyst roles are at odds with employers skill demands.
A continuing need for sales associates, finance managers and middle office managers consistently boost headcount in front office departments.
The recent surge in cash equity volumes of up to 80% is resulting in a greater demand for operational specialists.
Compliance managers are sought after throughout the investment banking world as firms focus on desk based reviews to sure up risks.
The impending legislation expected to be published by the FSA at any time is looming in the back of bankers minds. As a result the number of risk managers and equity derivative controllers are on the increase as organisations gear up for the potential impact.
Links in blue go to current vacancies on the Badenoch & Clark website and are live and up to date as of 8 February 2010
