Retrenchments and a slowing economy have kept banking professionals in Singapore on their toes over the recent months. The year has been inundated with news of redundancies and job cuts from the banking industry, coupled with continued uncertainty in the horizon. With organisations under pressure to streamline operations, manage cost and protect their bottom line, it's only natural that businesses and individuals struggle to keep an optimistic outlook amid the sluggish climate.
Despite the gloomy forecast reported in the media, certain front office banking roles are still seeing a healthy hiring demand:
investment banking/M&A advisory
Impacted by slow growth and intense competition, mergers and acquisitions proved to be the next best strategy to boost operations, and companies are increasingly turning to consolidation to increase market share and expansion. We see hiring demands particularly at the Associate to AVP levels in investment banking units across regional and global banks. With the intensity of M&A activities, candidates are required to have strong financial modelling skills in addition to exposure to regional markets.
preferred candidate profile
- Industry and/or market coverage expertise
- CFA certification
- Ability to build complex financial models
- Three to six years’ relevant work experience
- Can hit the ground running quickly
S$80,000 to S$180,000 per annum with performance bonus