Subscribe to RSS
- RA Now
Job opportunities in the financial services sector in London increased by 8% between August and September, according to the Morgan McKinley London Employment Monitor.
In September 7,371 vacancies were recorded, up from 6,804 in August. This follows a slight dip during the previous month.
Professionals looking for new positions numbered 7,082 in September from 5,816 in August – a 21% increase. Additionally, the year-on-year figure for those actively seeking new career opportunities shows an increase of 86%.
“September 2013 marked five years since the collapse of Lehman Brothers which arguably led to the worst global recession in recent times,” said Hakan Enver, operations director, Morgan McKinley Financial Services. “The positive news however, is that the financial services sector is now on a noticeable road to recovery.”
There is a strong demand for advisory compliance professionals, and many firms are looking to recruit at the senior vice president, director, executive director and managing director level.
“The current economic environment, coupled with heightened regulatory pressures, has increased the need for hires who can ‘hit the ground running’ with minimal time spent on training and development,” Enver added.
The average salary increase for those securing new jobs in September was 15%.
Print
Email
