Banking and financial services recruitment update July 2013

From a recruiter’s perspective, market conditions in 2013 have been markedly improved compared to 2012. The volume of new assignments has been consistent during the first half of this year, but conversion into placements has been improved, as more firms secure sign off for hiring. Some firms have prioritised direct hiring whilst volumes are lower, but generally speaking the more technical roles are released to external recruiters. There has been reluctance by many firms to pay retainers, resulting in more mid-senior level hiring being done by contingency recruitment firms. Our market report looks at these topics amongst others, and looks at the market in the areas of front office, infrastructure/support functions, and temp/contract.