eFinancialCareers

Given that taxes and death are ineluctable certainties in any economic climate, jobs related to medicine and tax ‘massaging’ should be well placed to withstand any downturn. But while most bankers will struggle to quickly reinvent themselves as GPs, the secretive and lucrative world of tax structuring ought to be more accessible. Banks like Barclays Capital, Deutsche, and Morgan Stanley have some of the biggest tax teams in the... Read more

IT contractors may be feeling the pinch thanks to reductions in rates and the arbitrary termination of contracts, but accounting contractors are still said to be relatively desirable. Recruitment firm Joslin Rowe says rates for accountants working in temporary product control positions are robust at up to £500 a day, and that demand for them has been given a boost by the growing emphasis on risk and trade valuation. “The... Read more

It’s that time of year when newly qualified ACAs dump Big Four accountancy firms for the bigger phwoar of investment banks. This year’s batch will find their services considerably less desired than those of their predecessors. According to two recruitment firms specialising in moving ACAs into financial services (both of which wish to remain anonymous), the appetite for newly quals is down 50% or more on last year. “Last... Read more

Lehman CVs are trickling down into the Big Four accountancy firms and beyond. An ACA at a top 10 audit organisation says his team has been hit with various Lehman applications, not all of which have been viewed particularly favourably. “You have to wonder how they’d cope with the cultural differences,” he says. Deloitte seems more receptive to Lehman talent. “We’ve picked up a number of really good people from... Read more

Given the events of the past weeks and months, any self-respecting risk professional, trader or banking cleaner can now expect to be assailed by the same nasty question at interview: “What went wrong?” At least, this is what recruitment firm Robert Walters says in its latest market update. Paula Maidens, a director of financial services at the company, elaborates: “Banks want to know what controls candidates would put in... Read more

Dresdner Kleinwort bankers may be quaking in their Church's, but some people can still count on a relatively secure future. And they are... Finance and risk professionals While everyone was on the beach last month, Financial Services Authority chief exec Hector Sants called for banks not to slash too many middle and back office staff because “Firms' valuation processes and controls have become increasingly stretched and in some cases... Read more