Demand for risk managers returning to pre-crisis levels
The risk management recruitment market experienced a strong recovery in demand during the first half of 2010. The suddenness and the strength of the upturn took us by surprise.
There is little doubt that the highly accommodative monetary policy adopted by the Bank of England and other central banks was at least in part designed to assist the banks. Whilst always likely to create a certain level of political embarrassment, the rapid return to profitability and growth has been faster than we anticipated. This growth, which has spread to other sectors of the financial services industry, together with greater regulatory oversight, has substantially increased the demand for risk management expertise.
Redundancies have now returned to pre-crisis levels and salaries are recovering. Candidate shortages are emerging and there is strong competition within the financial sector not only to attract candidates with specialist skills, but to retain them.
We are optimistic that demand will continue in the second half of 2010. However, in spite of the rebound in the recruitment market, the economic environment remains fragile.
For more information on the risk management recruitment market and a comprehensive guide to the current risk management salaries visit: Risk Management Interim Market Report
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For a more detailed picture of the current risk recruitment market, please contact Matt Brown mb@barclaysimpson.com, Peter Whyte pwh@barclaysimpson.com, Antony Berou ab@barclaysimpson.com or Simon Bradbury sb@barclaysimpson.com on 020 7936 2601.
Barclay Simpson is committed to equality of opportunity and promotes diversity. All applications for positions advertised on behalf of our clients will be accepted and reviewed solely on merit. To view our Equal Opportunities & Diversity Policy, please click here.
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| Senior Credit Research Manager |
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| £70-£85,000 Tax Free + bens Kuwait |
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Our client is one of the largest financial institutions in the Gulf with an asset base of several billion US $. The Debt Capital Markets Division is expanding its focus and is seeking to appoint a Senior Credit Research Manager who will be viewed as .... more details |
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