A review of financial services recruitment for the first quarter of 2018 including the best paying roles and the skills and qualifications in demand.
Due to exceptional demand for its services, we are seeing a huge increase in employers asking for applications with NAV calculation skills. Strong systems experience, especially in advanced Excel, is also at the top of the skill list for job seekers. Candidates that have a general knowledge of business and specifically an understanding of the financial services area into which they are applying to join. Commercial awareness is being cited as being essential to employability in financial services.
After the high hiring rates of Q4 2017, this year started hesitantly. Financial services recruitment has picked up as we move on from bonus period. The first quarter of the year people waiting to collect their bonuses before leaving or looking to leave. It is a natural time for professionals to consider their current situation after annual salary reviews in February or March.
The start of each year is tense for hiring managers as they wait for staff to review their bonuses and decide whether to stay or depart. On the flip side - given it’s the end of the financial year - it’s exciting for hiring managers as it is when budgets are being released and headcounts are approved for hiring throughout the rest of the year.