In the UK and many other larger economies across the globe, the financial services sector is a significant contributor to overall gross domestic product (GDP) and employment. According to a report by TheCityUK, which represents the financial services industry in the UK, banking and insurance contribute to more than 7% of employment and account for more than 10% of the United Kingdom’s GDP.
With the 2008 financial crisis firmly in the rear view mirror for many financial institutions, there’s a renewed need for hiring financial talent. According to a study performed by recruitment specialist Morgan McKinley, the market for available jobs in the financial services sector continues to increase at a monthly average of 14%. Procorre research has also shown that it is part of a long term upward trend. Individuals seeking new roles in the sector will not lack for opportunities, with many hiring managers seeking to plug a skills gap and nurture future talent.
While it is widely perceived that London is the financial capital, other cities like Leeds, Birmingham and Edinburgh are also burgeoning financial centres, so there’s no need for job seekers and graduates to restrict themselves to one location in their job hunt.
It is usual for financial companies to take applications from a variety of disciplines, although it’s crucial for applicants to have an above-average understanding of numbers and show desire to work in the financial sector. Additionally, individuals who demonstrate attention to detail, analytical skills, and the ability to work in high-pressure situations are desired by many employers.
No comments:
Post a Comment