Banking jobs on increase
Jobs vacancies in the Australian banking sector are on the increase in response to improving market conditions and the severe staffing cutbacks that took place during the downturn, according to a new survey.
The Hays Banking quarterly report has revealed that recruitment freezes are lifting and employers are starting to recruit staff for more permanent roles.
Senior regional director of Hays Banking, Jane McNeill, attributed this shift to the fact that many organisations “lack the headcount required to run their businesses effectively”.
According to the report, the occupations in demand include intermediate level financial planners and career paraplanners, funds administration staff and credit analysts with market experience in residential and commercial banking.
It also found that while the number of roles available has increased, so too has the number of experienced candidates.
It attributed this to the fact that those who kept their permanent role over the last year have now started to enter the job market, resulting in movement — particularly at the senior level.
Recommended for you
The month of April enjoyed four back-to-back weeks of growth in financial adviser numbers, with this past week seeing a net rise of five.
ASIC has permanently banned a former Perth adviser after he made “materially misleading” statements to induce investors.
The Financial Services and Credit Panel has made a written order to a relevant provider after it gave advice regarding non-concessional contributions.
With the election taking place on Saturday (3 May), Adviser Ratings examines how the two major parties could shape the advice industry in the future.
