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
Advice firm Apt Wealth Partners has appointed Andrew Dunbar to lead the firm in its next growth phase, while former CEO James McGregor will step up as executive chair to focus on M&A plans.
The use of offshore service providers could be exposing clients to potential risks around confidentiality, operational disruption, or effective supervision, ASIC has warned financial advice licensees.
With the adviser education pathway deadline less than three months away, Padua Wealth Data is predicting a “very unstable last quarter” after three months of solid net growth and new entrants.
ASIC has banned the former CEO of Lighthouse Partners from providing financial services for 10 years after failing to report fees-for-no-service conduct, the second individual banning from this firm.