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| An in-depth look at why Credit Suisse and its rivals are relocating back-office roles out of Singapore |
| Credit Suisse is just the latest in what is now a roll-call of international banks to relocate back-office roles from Singapore to cheaper locations. The need to save money as deal-flow falls and the Republic becomes more expensive is driving the trend. But it isn't the only reason. |
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| Guest comment: My buy-side bliss - you can come to work in a T-shirt, shorts and Crocs |
| In my buy-side firm, work ends strictly before 7pm and then they go home to spend time with their families, or dogs for that matter. It's no problem coming into the office in a T-shirt, shorts and Crocs. You can work from home two days a week because money can always be managed from a computer anywhere |
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| Operational risk: Yes, overseas-based candidates can apply |
| There aren't many Asian roles that welcome Western-based candidates with open arms these days: operational risk is an exception, all be it a niche one. The position has the four vital ingredients needed for banks in Singapore and Hong Kong to contemplate hiring from abroad: real growth; tough recruitment requirements; a local talent shortage; and internationally transferrable product skills. |
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| Guest Comment: Collaborative and easy-going Australian offices are a myth. Frankly, I preferred working in Hong Kong |
| As a returnee to Australia, and having spent time working both domestically and in Hong Kong, coming back was much more of a cultural shock than my initial trip to the city of the fragrant harbour and neon lights. Ironically, the second shock was not the cultural elements of my home city, but the working ethos and the lack of camaraderie that has become so pervasive in Australian corporate culture. |
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| If you work in risk, a 30 per cent salary rise is entirely possible in Asian emerging markets |
| Risk may be fairly established in Asia's more sophisticated financial centres but it's still fairly uncharted territory in countries like Indonesia and Vietnam. Keen on jumping on board the emerging markets bandwagon? Peter Chong, managing consultant, risk, MRIC, speaks with eFinancialCareers about the rapidly growing appetite for risk jobs in these countries. |
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