Tuesday, November 13, 2012

Newsletter: The world's best financial offices

eFC.com
Hiring and pay trends in banking, finance and securities 14 November 2012
TOP STORIES
The Top 10 Best Financial Services Offices to Work In
Which offices inspire envy among financial services professionals around the world, or go an extra mile to try and encourage employee engagement or well-being? Here's our list, compiled by our correspondents around the globe.
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Guest Comment: Critical things that you ought to know about the job market (some of which aren't exactly positive)
This last round of banking redundancies has hit hard; consistently throughout the year our clients have announced more and more cuts. The usual bottom 10 per cent of performers were let go, but this time so too were many experienced managers and directors. When retrenching senior candidates, the driver appears to have been salaries, which are extremely high. Singapore compensation has definitely increased to a level where it is no longer sustainable.
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How Westerners can help Shanghai tackle its talent shortage
Western candidates wanting to work in China's banking capital, Shanghai, should first get to grips with how deregulation is creating an increasing number of niche jobs for foreigners.
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Choose a buy-side employer as you would pick a fund to invest in - with extreme care
It's always best to work at a top-performing fund. First, if you're in institutional sales, it's much easier trying to sell a good product, especially at a time when the merits of active management are being questioned.
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Kelly's quota is a sign that banks are serious about senior-level gender diversity
Westpac chief executive Gail Kelly's push to boost the number of women in senior management roles will be music to the ears of HR professionals at financial institutions. The 16 HR people who attended the recent eFinancialCareers roundtable in Melbourne agreed that policies to redress the senior-level shortage of women in finance must be instigated by industry leaders like Kelly.
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TOP RECRUITERS
CIMB BANK
Ernst & Young Singapore
HSBC (Singapore)
Société Générale
UBS AG
More companies
TOP JOBS
Urgent Junior Private Bankers (Portfolio given)
Singapore
Basic 7000 upwards plus Bonus
Analyst/AVP Projects & Financial Control
Singapore
$6,000 - $8,000 per month
Senior Project Manager
Singapore
Excellent
Java Senior Technical Manager, VP Level for Global Bank
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SGD170000 - SGD220000 per annum
Personal Banker
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Confidential
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