As the working landscape changes, financial services firms wanting to fill IT jobs have to offer flexibility to compete with start-ups and FinTechs for IT and Tech professionals.
Internal Audit hiring has been focused on SME capability, whilst IT Audit recruitment has mostly been within the Change Assurance and Electro/Algo IT Audit area.
The ongoing political uncertainty has instilled a high level of caution in hiring organisations. Most HR recruitment has come from replacing leavers or for business critical projects.
The first half of 2019 has been slow for Financial Services Operations recruitment, with most of the vacancies coming available on the buy-side rather than sell-side.
After a slow start to 2019, hiring of compliance professionals has since improved. Medium to smaller sized institutions have been responsible for this boost in recruitment.
Recruitment of Accounting & Finance professionals into Commerce & Industry organisations, both on a permanent and temporary basis, has been positive so far this year.
Banks’ requirements have varied significantly in 2019, with smaller banks focusing on Financial Control and the larger banks hiring Regulatory Reporting jobs, Accounting Policy and Performance Management.
The recruitment market in the Thames Valley has become largely candidate led, resulting in hiring organisations having to pay above the odds to secure top finance and HR talent.
Across finance, HR and Office Support in Sussex, there is a general feeling of caution from hiring organisations as we move into the slower summer months of 2019.