With the traditional New Year New Start rush for jobs just around the corner, executives within the financial services sector are being urged to take steps to secure their next career move now rather than wait until January, in a bid to avoid the expected surge in competition for jobs and to capitalise on the recent wave of redundancies that have created new opportunities within the industry, according to the City’s leading executive recruitment website Executive-Jobs-London.co.uk.
Despite hiring activity slowing down across most sectors, the financial services industry is already recruiting ahead of the anticipated flurry of hiring activity in January. And those executives who start their career search now will be at a significant advantage over their competitors, says Nicole Ghiani, Managing Director, Executive-Jobs-London.
“Credit Suisse, Standard Bank and JP Morgan have all made redundancies in recent weeks which has made many people think that the financial sector continues to remain fragile. But it isn't. There are currently a number of senior executive job opportunities currently available within the City across a range of firms, from smaller private consultancies to large-scale multi-national organisations,” said Ms Ghiani.
In particular demand are those who have been made redundant during the recent cut-backs and those who are currently employed executives and are willing to forego their bonuses – which are due in January/February - in order to secure their next career move sooner rather than later.
According to Ms Ghiani, redundant finance professionals who have been living off their redundancy packages and are eager to get back to work in addition to those professionals looking to change jobs without the demanding that their bonuses are bought out by the company who will be hiring them, are an increasingly attractive proposition to employers.
“This puts them at a significant advantage over their fellow applicants,” she added. “Many executives are delaying switching jobs until after their annual bonuses are paid out in January and February, at which time everyone else will make their move to look for a new job. But for those prepared to make the move now, they will find that not only will employers be clambering over themselves to recruit them, but the whole transition from one job to another will run smoother and quicker than it will for those holding out for their bonus payments.
“There is still plenty of hiring taking place in the City as we move towards the end of the year,” says Ms Ghiani. “While the pace of hiring has slowed down in many sectors, the finance sector is recruiting once more. The time to make the change is now.”
Executive-Jobs-London provides high profile candidates with the best selection of executive career opportunities in the capital, including City of London, Canary Wharf incorporating other outlying business districts, and outer London, including the M4 corridor. Roles range from experienced management jobs to C-Level appointments, permanent jobs, interim manager jobs and non-executive director roles.
