An unprecedented level of uncertainty caused by external occurrences has resulted in firms not committing to multi-year programmes. Subsequently, recruitment has largely reduced.
Trade wars between the U.S. and China, Brexit and the ongoing search for a new prime minister in the UK have all dented business confidence, so recruitment has reduced.
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.
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.
Organisations offer share options to Projects & Change Management professionals to promote greater investment in their company’s overall performance.
Professionals have had to adapt to tough market conditions and in some instances have reduced their rates in order to secure Compliance jobs.