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Q&A: The head of Hymans Robertson in Edinburgh explains what it takes to become an actuary
You need to show you can adapt to change if you want to impress Martin Potter, head of the Edinburgh office of independent actuarial consultancy Hymans Robertson. Potter, who came to Hymans via a stint in Trinidad, set up the Edinburgh office in 2009 and interviewed most of the 40 people it now employs. Hymans [...]
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Q&A: JPMorgan’s Asia Pac CTO says JPMorgan is hiring 100 technologists in Singapore and that people like working there so much that only 3% leave
We spoke to Stewart Carmichael, chief technology officer of JPMorgan in Asia Pac. This is what he told us. Q: Did you always want to work in financial services? No, I originally joined a technology firm because I was looking to leverage on the education I had in computer science. Twenty five years ago, there [...]
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The unspoken nightmare faced by non-EU nationals working in the City of London today
Many non-EU nationals working in the City of London are being heavily penalised under new immigration rules which came into force in April. Most notably, a high proportion of non-EU nationals who lose their jobs in the City of London are now obliged to leave the country for a year before they can come back [...]
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Lunchtime Links: Pay for Carlyle’s Limited Partners fell 68% in the first quarter; SocGen declined to grant voluntary redundancy to 70% of its applicants
As we observed earlier this week, private equity pay isn’t what it used to be and Guy Hands has been obliged to put his hand into his own pocket to make amends. Nevertheless, you might have thought that Carlyle’s partners would be doing ok. And yet it appears they’re not. Carlyle released its first ever [...]
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Goldman’s global head of growth markets succinctly explains how investment bankers can ensure they’re never without work in future
Goldman Sachs has been making videos and placing them on YouTube. They don’t appear particularly popular: some only have a handful of hits. Some appear to have none at all. However, this one, featuring J. Michael Evans, its global head of ‘Growth Markets’, deserves some attention. In it, J. Michael volunteers a perspective on what [...]
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Are banks giving preferential treatment to female technologists?
The shortage of senior females in banking technology roles is well-documented and, across the IT sector, their numbers appear to be dwindling. In the financial sector, however, firms are taking an under-the-radar approach to bolstering the ranks of women. Our own figures suggest that there are currently women comprise just 19% of candidates working in [...]
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GUEST COMMENT: Here’s how product controllers can escape investment banking
In the mid- late 2000’s product control was typically seen as the entry point into investment banking for most qualified accountants. It was usually viewed as a springboard for a career in finance or sometimes, more optimistically, as a stepping stone to a trading position. Those that stuck with it could eventually make VP or [...]
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Heads of recruitment at investment banks and fund managers give their verdicts on pay and hiring for 2012
This morning we held our quarterly roundtable in London for heads of recruitment at financial services firms. Numerous investment banks’ heads of recruitment were present. So were some fund managers’. The event was confidential, so we’re not at liberty to disclose who exactly was there, nor what was discussed on a bank-specific basis. Generically, however, [...]
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Lunchtime Links: Pity Ina Drew – she may simply have been politically outfoxed
Ina Drew’s departure was reportedly a tearful affair. She’d worked at JPMorgan for 30 years, kept her head down, and – until April – been widely admired. We’ve already looked at Ina Drew’s profile in the eyes of her former HR managers. Now Bloomberg has spoken to some of Drew’s former bosses and investment colleagues [...]
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How to ensure your CV is read by the robots
Recruiters report that due to the overwhelming supply of talent today, desperate job seekers are flooding every position—but that 50% or more of applicants are unqualified for the position to which they are applying. To save companies time and money, the hiring process has been almost entirely automated. Most large firms will now use software [...]
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