Many Hot Jobs in Singapore are Behind the Front Office
Ambition’s Sam Belcher recently commented on the increase in demand for skilled back office professionals in Singapore. This uptick in recruitment is being fueled by companies seeking to bring their staff back to full strength after operating shorthanded for much of the last year. Singapore’s status an international finance hub, with relatively low costs of doing business, is also contributing to the increased demand. From a recent article at efinancialcareers.sg:
“Why are there more vacancies? ‘This is mainly driven by the increasingly stringent regulatory requirements in foreign countries. With many banks now maintaining regional or global hubs in Singapore, they need candidates with a solid understanding of international regulatory requirements,’ explains Sam Belcher, manager of banking and financial services, Ambition Singapore.
British banks, for example, want candidates with UK Financial Services Authority experience.’This is also because there are parallels with the basic requirements set out by MAS. There has also been a fair amount of turnover in local reporting functions, so there is a definite demand for more senior candidates in this area,’ adds Belcher.”
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“Candidates with accounting and operations line experience, who are keen to move into change management, are in demand, says Belcher. ‘As the market picks up in 2010, we expect this to increase even further as banks try to gain market share.’”
Read the full article HERE
To find open positions in Singapore, please visit www.ambition.com.sg
