We’re often asked to identify recruitment trends within our sectors, such as in IT and Regulatory Change. Our FS team have identified several trends through conversations with our network of senior candidates and our key clients.
Many Financial Services firms in London are increasingly prioritising their Technology functions’ capacity to adapt and respond to change in order to maintain ‘business as usual’.
In June 2021, Bloomberg reported a recent tripling of London-based Financial Services roles, with the total number of vacancies up by 193% since last year.
Whilst the beginning of 2020 was characterised by a reluctance to invest in new systems and infrastructure in favour of staying afloat, we’re now experiencing a well-received rebound in the market, with a drastic increase in the number of vacancies (both contract and permanent) to address these issues and meet these elevated industry standards.
As well as an increase in the frequency of hiring, our Financial Services team is now noticing a set of distinctly different priorities across the FS industry, which can largely be attributed to firms’ familiarity with new ways of working, the shift in mindset from maintenance to growth, and a recognition of the importance of robust yet flexible Technology departments.
Three main areas we have noticed increased attention in are:
Windows Engineering & Migration
Cybersecurity & Operational Resilience
To discuss these trends, your job search, or any upcoming recruitment plans, please call or message Alexander David on firstname.lastname@example.org or 020 7557 7667.