Robert Walters’ Hiring Intentions Survey, which surveyed over 1,200 Australian hiring managers on their recruitment strategies, found 73 per cent of banking and financial services hiring managers will be looking to recruit mid-level professionals in the next six months.
Forty-four per cent of banking and financial services hiring managers expect their hiring levels to remain the same; 32 per cent are less likely to hire in the next six months; and 21 per cent were more likely to hire.
The concurrent Robert Walters Job Market Update found banks will be looking for experienced financial planners and analysis candidates, and those with business partner experience who will support revenue-generating activities.
The report also found changes to regulations and reporting standards will also lead to increased hiring of candidates with process improvement, project management and risk and compliance-based skills.
Robert Walters manager of banking accounting and finance Kevin Fitzgerald said “The market is still cautious, but we have seen positive signs from the major banks, national insurance providers and wealth management organisations.”
“Hiring managers will be looking to replace talent that is leaving, as well as into growth areas following periods of restructure over the past six to 12 months,” he added.