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Investment banking briefing: economic outlook & talent market in focus

Looking into the future of investment banking, what are the talent trends shaping the global financial arena? Despite a backdrop of post-pandemic volatility and economic uncertainty in 2021, the global investment banking sector is poised on a slow but steady growth trajectory, forecasted to slowdown to  3.8% by 2023 . While many uncertainties remain, the overall economic outlook points to a consistent trend, albeit regionally uneven. According to the IMF October 2021 fiscal monitor report, the US witnessed a short-lived hit to its economy, with output already reaching pre-pandemic levels in Q1 of 2021. A closer look at Europe, in particular Germany, indicates a renewed fall in the fourth quarter of last year, but in China, the region went into sharp decline and came out earlier. Even after accounting for regional differences, the picture ahead for the global economy suggests strong recovery. In Deloitte’s recent survey of 400 banking and capital market professionals,  88% of r...

A new dawn for commodity trading and talent?

Global net-zero targets have altered the commodities landscape, which now sees the industry playing a defining role to supply essential materials, from copper to rare earth, that work towards a carbon neutral future. What’s more, commodities remain the best-performing asset class of 2022 and enjoyed healthy activity in Q1,  rising to nearly 30% as calculated by the S&P GSCI Index . The outlook ahead for commodities suggests strong growth, but to be able to capitalize on opportunities, commodities firms need the right people in place. Here we take an introspective look at the latest talent trends that you should be aware of to get ahead in this fast-moving industry. The year of counter offers  In today’s competitive landscape, with the brightest minds in commodities in ever-increasing demand, firms are opening their wallets to not only secure professionals but also as a retention tool. Since the beginning of this year, organizations found themselves in a candidate-driven ma...

The risk management landscape: industry & hiring trends

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T he complexity of today’s business landscape, from a global pandemic, supply chain disruptions, cyber attacks, to name but a few, are some of the main contributors to organizational risk exposure. But, with great complexity opportunities abound; and they are certainly exuberant for risk management professionals who are in higher demand than ever before. Our specialist risk management recruiters have revealed their latest thinking on the major talent trends impacting the industry, as well as the wider market at large. ​ Market risk Matthew Stehl , Vice President at Selby Jennings "In the market risk industry, we have witnessed a tug-of-war between the banks, hedge funds, trading firms, and financial technology firms to  attract and retain business-critical talent across market risk, model validation, or any model development verticals . Due to rampant hiring activity across hedge funds and asset managers, we are seeing candidates move easily from the sell-side to the buy-side, sub...

What does the future of life insurance look like?

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  As one of the top actuarial talent providers, Nicole Mahoney, VP Head of Life & Annuity Actuarial Recruitment has never seen the market this busy, and anticipates it only getting hotter. There are more jobs than physical actuaries to fill those gaps, so it is crucial that companies understand the key trends taking place, and how they can adapt and embrace to these challenges and changes. Nicole shares her industry insights here, as well as key takeaways after attending the Refocus Insurance Conference , where she once again saw the industry going from strength to strength. Talent shortages It seems as if every single industry is facing the same problem – a tight talent pool. And while a candidate-driven market is nothing new, what is interesting about the life insurance sector, is that there is also a tightening of potential sales. Nicole explains: “One point that was particularly interesting during the Refocus Insurance Conference was that lower birth rates creates a two-pro...

The battle for quant talent in crypto

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  How can crypto firms win over the most sought after talent in a highly competitive space? Ahead of  Bitcoin 2022 in Miami on Wednesday 6th April - Saturday 9th April, we caught up with  Ashton Morlote ,  Matthew Healy and  Chris Schwuchow to discuss the strategies firms could be using to help win over talent and the transferable skills to look out for. The award-winning team, who recently just won 'Best Exec Search North America - Quant (HFM) – 2022', are  experts  across quant & cryptocurrency and cover in the short interview below  how the industry could shape up over the next 12 months. 

Insurance Hiring Trends Set to Shape 2022

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The insurance industry, like many other financial services verticals, has been gripped by change. The global climate crisis, new entrants, flexible working structures, and candidate expectations, to name a few, are facets that have been a disruptive force for the insurance sector. Today,   opportunity could be a turning point for the industry,   and Selby Jennings expects to see insurance teams adapt to the everchanging market, yet again this year, to remain at the cutting edge. Our specialist insurance and actuarial consultants have identified key market factors that impacted hiring and what this means for the insurance industry in 2022. Through the lens of talent, let’s first glance back and examine the state of the insurance market in 2021 to determine if these trends will be set in motion this year. Property & Casualty Managing talent was undoubtedly a complex task, especially in the context of natural disasters across the US, environmental, social, and governance (ESG...

Market Report: A New Chapter for Financial Services

  How is the hiring landscape measuring up within the European financial space? Financial institutions have been gripped by a variety of challenges, as well as opportunities, such as post-Brexit clarity, market stability, rapid economic recovery across numerous verticals, and technology unequivocally changing ways to interact and transact. All could affect the future of financial service talent, and what remained a financial imperative last year might not be the mainstay of tomorrow. Discover our projections for talent acquisition and management, featuring interesting thought leadership on this year’s economic outlook and the concurrent hiring trends within this space.  About the Report Download our report to discover what trends are forecasted to change this year, covering insights on the following areas: Investment Banking  Quant  Financial Technology  Fintech Sales  Sales & Trading  Investment Management   Risk Management  Wealth Management   Audit     Flexibility, ED...