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GUEST COMMENT: How to rework your CV for roles outside the financial services industry
In the current environment, many of you may be thinking of broadening your job search so that it’s not restricted to financial services. If so, it is advisable to bear the following points in mind. 1. Research before you rush in Carefully research what your target companies(s) and target sector value – what skills do [...]
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This is good news for anyone hoping to work in risk in Edinburgh
Jobs for in risk management look set to grow in Edinburgh with the takeover of Barrie and Hibbert by Moody’s. John Hibbert, co-founder of the Edinburgh-based company, which provides risk management modelling tools for insurers, says: “I expect the Moody’s takeover to add to the number of jobs on offer here. “Moody’s is strong on [...]
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Just to clarify, RBS employs a quite crazy number of equity analysts
As we reported yesterday, RBS’s equities business may be being purchased, possibly by in the independent brokerage firm Cenkos, which claims to be underweight and has been struggling to recruit in the light of big sign-ons (once) offered by large banks. This is just as well, because RBS’s equities team appears substantially overweight. In particular, [...]
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All this sniffing around RBS’s equities business is inhibiting people’s chances of re-employment. Meanwhile: redundancies are revving up in credit
Who’s buying RBS’s equities business? The Telegraph reported today that, “all of the units up for sale had received indicative offers from potential buyers,” and that, “interest is understood to come from a range of Asian, US and Australian financial institutions, as well as at least one London-based independent broker.” Which are these institutions and [...]
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Scottish graduates still have ample opportunity to work in financial services, especially if they’ve studied computer science
Graduate recruits may be inexperienced, but they have a significant advantage: cost. This may be why, despite recent economic conditions, graduates remain highly sought after by Scotland’s financial services employers. ‘I’m hearing that graduates are the largest number of new recruits among our members,’ says Alan Thornburrow, chief executive of trade association Scottish Investment Operations [...]
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DAVID CHARTERS: I advocate that banks begin publishing details of their pay
Imagine how investment banking would work if not just board level people and a token handful of the highest earners had their pay disclosed, but everyone did, at least in any rump of an organisation where the taxpayer might ultimately foot the bill if things go wrong. At every bank, everyone would know what everyone [...]
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This risk qualification could considerably increase your chances of getting a job in Scotland in 2012
Are you based in Scotland? Do you want to ensure your continued employability in financial services this year? This could be the qualification for you. James Thorneley at Aberdeen Asset Management informs us that there’s: “Increasing demand for able people to join risk divisions of financial services companies in Scotland and worldwide.” Moreover, Thorneley suggests precisely [...]
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GUEST COMMENT: When it hits the fan at RBS
If you’re reading this, I guess you don’t care any more. So, what can you do? Firstly, don’t take it personally. As both a headhunter and someone who has had real banking jobs I can state for a fact that the correlation between your ability and being shafted is essentially random, but if you let [...]
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An interview with Robert Walters, chief executive of Robert Walters
What will 2012 hold for financial services hiring? Is RBS a precursor for disaster elsewhere? Will hiring in Asia really go the way of hiring in Europe? We asked Robert Walters, chief executive of the eponymous recruitment firm. This is what he said: Q: Is 2012 going to be a bad year for financial services [...]
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Late Lunchtime Links: RBS is actually reducing investment banking headcount 50% from the peak; MF Global staff can get re-employed at Lloyds
RBS’s job cuts may appear modest at the merest 3,500, but do not be deceived. Closer inspection reveals that the bank is actually reducing headcount 50% from its peak. In June 2009, RBS employed 26,900 people. By June 2011, this had fallen to 19,000. RBS then announced 2,000 job cuts, before the additional 3,500 today. [...]
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