Demand for banking internal auditors has stalled
Against expectations demand for internal auditors held up throughout 2008. That has changed and while internal audit is still a politically sensitive area demand has fallen and redundancies have risen. Senior members of audit staff appear to have been particularly badly hit at a time when the number of vacancies at this level have fallen disproportionately.
Often redundancy packages are offered which employees feel obliged to take as the threat of being made redundant shortly afterwards with a less generous offer is real. Vacancies are presently concentrated in a limited number of major banks.
There will always be potential options for strong candidates particularly if they are professionally qualified and have deep technical banking knowledge. Capital markets and investment banking knowledge are still in demand not only for investment banking audit roles but also because such people are considered to have very transferable skills for other banking areas.
The banking internal audit market is set to remain problematic for the rest of 2009. Whilst it is too soon to predict when more comprehensive demand will return, we are hopeful for the first quarter of 2010.
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| Head of Audit Market & Liquidity Risk |
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| £80-100,000 + Bens London |
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Following a restructuring within Audit, this major international banking group, has a position for a technical specialist in Market/Liquidity Risk. You should have strong experience of working in these areas including traded market risk measurement .... more details |
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| 3 x Operational Risk Analyst roles - London or Northampton |
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| Up to £42,000 (dependant upon experience) + London weighting London, South East, Northampton, Northamptonshire, East Midlands |
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This leading European financial services firm are actively looking for 3 established operational risk professionals to join their group risk function in their London or Northampton HQs. These roles which will offer the successful candidates significa.... more details |
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| Director - Investment banking |
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| Six figure base London |
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One of the leading International Investment banks has a Director level vacancy within Internal Audit. You should have extensive Investment banking audit experience ideally within a similar organisation. Experience within primary markets ie debt and.... more details |
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| Head of Internal Audit |
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| To US$150,000 Tax Free + Ex Pat Benefits Qatar |
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This is an excellent opportunity to develop the audit function of a national bank of a major Middle East banking group. The bank is involved in a wide range of commercial and retail banking activities, with branches throughout Qatar.
Reporting to.... more details |
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