Thursday, April 25, 2013

How to get headhunted

eFC.com
Hiring and pay trends in banking, finance and securities 25 April 2013
TOP STORIES
Unemployed bankers accept contracts on 25% less pay
If you're unemployed in Asia, now may be the time to swallow your pride and consider a fixed-term contract role. Your compensation could be cut by a quarter compared with your last permanent job, but with banks not hiring much right now, a contract may be your best bet of finding work.
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Eleven expert tips to get yourself headhunted in Asia
It's always better to be the recipient of a headhunter's call than badger them yourself, particularly if you're trying to make a first move into Asia. Banks increasingly want to hire locals, not foreigners. Here's how to get on the radar of a search firm in Asia.
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You can still move from corporate to investment banking, says DBS MD
If you're a star corporate banker, a career change into investment banking could still be on the cards, said Clifford Lee, managing director and head of fixed income at DBS in Singapore. Lee should know. After graduating from the National University of Singapore, he started his career as a corporate banker at Citibank in 1991, but switched to investment banking five years late
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Singapore recruitment rises by up to 35% as banks replace staff
Banks in Singapore expect double-digit hiring growth this year and aren't planning any large-scale layoffs, according to 13 senior human resources professionals from international and local banks who attended an eFinancialCareers round table in Singapore yesterday. New hiring, however, is limited to certain jobs and is driven not by business growth but by filling existing vacancies.
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Few i-banking jobs in Singapore now, but watch out for second-half pickup
Front-office hiring at investment banks in Singapore is now largely confined to Indonesian coverage bankers and senior leaders. But the long-term career prospects for investment bankers in the city-state look bright.
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