Banking recruitment posts positive quarter despite economic fluctuations

Pockets of banking and financial services recruitment activity existed across the market in quarter three, according to the latest Banking Job Market Updates from specialist recruitment consultancy Robert Walters. Within banking operations, there were increases across the board.

The Update found hiring was driven by teams being rebuilt and consumers reinvesting after the global economic uncertainty experienced in the first half of the year. Wealth management and superannuation performed well, and was followed by increased hiring of front line sales/revenue generators, relationship managers, mortgage brokers, financial advisors and business development professionals.

Andrew Hanson, Sydney Director of banking and financial services recruitment adds, "The demand for banking and finance professionals varied but on the whole remained steady, which was impressive considering how the fluctuating economy influenced other sectors. Banking operations performed well, particularly in financial planning and lending. The outlook for quarter four is positive, with organisations continuing their focus on sales and revenue generating to see out the rest of the year."

The update also found that salaries remained stable, with most professionals seeking job stability and security rather than increased remuneration.

For a full report of quarter three trends, download the latest Banking and Financial Services and Banking Operations Job Market Updates.

For more information please contact Lillian Hafez on +61 2 8289 3237 or lillian.hafez@robertwalters.com.au.

About Robert Walters

Robert Walters is one of the world's leading global recruitment consultancies, specialising in the placement of permanent, contract and temporary positions across all levels of seniority. Our teams of professional consultants are renowned for their professionalism, integrity and exceptional recruitment consultancy services. Using a flexible approach to recruitment, we are committed to matching client needs to candidate aspirations to create mutual benefit for both. In Australia we have offices in Adelaide, Brisbane, Chatswood, Melbourne, Parramatta, Perth and Sydney.