Jobs growth earmarked for financial services
Financial services has been included in a list of top five jobs areas likely to be pursued by school leavers this year.
The list, developed by research firm Ibisworld, pointed to employment opportunities in some segments of financial services including securitisation, share registry services, mortgage broking and superannuation fund management.
Ibisworld general manager Robert Bryant said that while overall employment growth figures for the financial services industry might not appear particularly strong at an annualised 1.8 per cent, a number of sub-sectors held opportunities.
“With the return of investors to the market, the big winner in finance is the securitisation sector with projected employment growth of 29 per cent between 2011 and 2016 and annualised wage growth of 20.8 per cent,” he said.
He said opportunities also existed with respect to share registry services, mortgage broking, foreign banking and superannuation fund management.
The other hot employment sectors noted in the Ibisworld research were child-care services, veterinary services, integrated logistics and health.
AUTHOR
Mike Taylor
Recommended for you
ASIC has permanently banned a financial adviser after he allegedly concealed information from clients and misused client funds, among other breaches.
Disgraced adviser Joshua Fuoco described himself as the “biggest monkey” at AFSL Group and provided financial advice via WhatsApp, all while being banned for 10 years, court documents show.
The Compensation Scheme of Last Resort has released the FY26 revised levy estimate, but the FAAA is concerned costs will be pushed into the following year.
Former Iress chief executive, Andrew Walsh, has been promoted to chair of a boutique Sydney advisory firm, having stepped down from the same position at Mason Stevens.
