OPERATIONS & MIDDLE OFFICE MARKET COMMENTARY, Q4 2022
INTRODUCTION Q4 was a mixed quarter, with concerns about the potential recession in 2023 becoming evident from the recruitment done by a range of firms. October was a slow month, as firms were determining their key hires that needed to be completed before the end of the calendar year, leading to a very busy November…
EUROPEAN (LUXEMBOURG) MARKET COMMENTARY, Q4 2022
ROLE PROFILES The UK’s exit from the EU saw many investment management houses with a strong London presence choosing to expand their offerings in Europe. Post-Brexit, this trend continues, with even more firms opening offices on the continent. Whilst big financial hubs in Europe have typically included Luxembourg, Dublin and Frankfurt, new hotspots are arising…
SALES & MARKETING MARKET COMMENTARY, Q4 2022
MARKET OVERVIEW The final quarter of 2022 concluded the year in a somewhat tame fashion. In a period dominated by economic and political uncertainty stemming from Liz Truss and Kwasi Kwarteng’s “mini-budget” back in September, it seemed as though companies wanted to err on the side of caution. We did see several organisations decide to…
REGIONAL MARKET COMMENTARY, Q4 2022
REGIONAL INFORMATION At the end of Q4, we are continuing to see a candidate-driven market across all regions including the North West and Scotland. We continue to see the demand for the hybrid working model along with full remote work. The cost of living crisis in the UK has meant that candidates are seeking higher…
FINANCE, BANKING, INSURANCE, PRACTICE & FINTECH, Q4 2022
INTRODUCTION “69% of CEO’s saying that availability of talent was their most pressing threat for the next 12-18 months ahead of political instability and recessionary fears” During Q4, candidate availability continued to turn from active to passive with candidates citing several reasons to stay put. As was expected we saw the first time economic instability…
COMPLIANCE MARKET COMMENTARY, Q4 2022
Role Profiles The interim Compliance market did not show signs of delay through Q4 in terms of staffing requirements in the sector. There were signs of a return to normal recruitment cycles as we saw perhaps the more traditional Christmas slowdown. This slowdown could be in part due to ominous recession clouds gathering over the…
LEGAL MARKET COMMENTARY, Q4 2022
The legal recruitment market continued to be very active through the end of Q4 and this level of activity continued into January. It remains a busy market for in-house roles. Private Practice has begun to see a cooling in demand across several areas due to the reduction in deal flow driven by the key primary…
HR & SECRETARIAL MARKET COMMENTARY, Q4 2022
OVERVIEW After what can only be described as an incredibly strong year for hiring as we close the door on 2022, it has brought many a question on what 2023 will bring after such peaks in hiring across the HR space for Financial Services clients both growing and established. Q4 brought a wave of concerns…
PROJECTS & CHANGE MARKET COMMENTARY, Q4 2022
From my research and engagement with employees/clients, I can confirm there is still a high demand for talent within the Investment Banking & Asset Management space. Multiple technologies are in demand for these companies and similar to last quarter Java was at the forefront. Last quarter we saw companies being a lot more flexible on…
CREDIT & RISK MANAGEMENT MARKET COMMENTARY, Q4 2022
As is often the case in Q4, we saw quite a polarized hiring ecosystem across Credit, Risk and Quant spaces. The buy side was where the overwhelming majority of the hiring activity took place, as large IBs on the sell side became more focused on the 2023 hiring plans. Any sell side hiring in Q4…