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Market Talk Banking & Financial Services - Issue 9
From Badenoch & Clark for MT Reader
www.badenochandclark.com
Market Talk Banking & Financial Services February 2010
Market commentary and analysis from recruitment consultants Badenoch & Clark
The audit stepping stone - Is the grass really greener?
February 2010
Audit. Often singled out as the least exciting of the financial disciplines. And often operated by staff yearning for seemingly more exciting opportunities in commercial specialisms.
But for some auditors, the prospects of moving to a new and more exciting career path in equities, corporate finance and mergers is being overshadowed by high competition and unrealistic candidate demands.  »» Continue
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New roles created as structural change gains pace
While the world's media kept the public enthralled with stories of the banking crisis, behind the scenes the globe's largest financial institutions were frantically undergoing perhaps the largest scale review of their operations to date.  »» Continue
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Who's in demand?
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.
»» Read full report
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Relocations surge as operations cut costs
Restructuring programmes and a continued focus on cost control has led many financial services organisations to revisit outsourcing and new shoring back office functions.  »» Continue
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Where there's caution, there's always risk
As the saying goes for every action there is an equal and opposite reaction. Could this be the case for the asset management sector, as the world's largest investment banks reduce their trading of distressed assets?  »» Continue
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In this issue:
The audit stepping stone - Is the grass really greener?
New roles created as structural change gains pace
Who's in demand?
Relocations surge as operations cut costs
Where there's caution, there's always risk
Browse Banking & Financial Services jobs
Read Connections magazine
Read the Winter 2010 edition of Badenoch & Clark's Connections magazine
More from Badenoch & Clark:
The Happiness at Work Index
Public Sector HR Recruiters' Forum
LifeConnections
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