Financial services vacancies continuing to rise rapidly

New research from the Association of Professional Staffing Companies (APSCo) shows that professional recruitment within the financial services sector in England and Wales continues to rise rapidly – with vacancies up 37.8% quarter-on-quarter.

This is a trend we are seeing mirrored across the Heads Resourcing Group of ourselves, Procurement Heads and our executive search brand Executive Heads.

APSCO’s data reveals that out of the top financial services organisations, JP Morgan leads the hiring table, with 2,246 new jobs this year – up 18.3% on last year. Citi follows in second with 1,552 opportunities – up 39.2% on last year’s total.

With hiring levels in the financial services space continuing to rise, now could be the perfect time to make that business-critical HR hire.

Jennifer Gaster, who leads our Professional and Financial Services practice sector, said, “As organisations navigate their way through post-Brexit and Covid issues, HR specialists will be key to change management and therefore it is no surprise that we are seeing a spike in demand for HR professionals within financial services as the sector bounces back strongly.

Ann Swain, CEO of APSCo said, “Our latest data shows that the recovery is well underway despite the challenges the pandemic has presented, and this is certainly echoed by our members operating within the financial services arena who are reporting huge demand for their services.

“While we expect to see this trend continue as we progress throughout the year, it can’t be forgotten that employers are contending with huge talent shortages which are only being exacerbated by the boom in hiring.

“Consequently, professional recruitment companies will have a huge part to play in assisting employers reach the talent they need to thrive and avoid hampering their recovery”.

For an informal conversation about how we can provide your organisation with the best HR talent, please get in contact with us here.

Alternatively, if you are looking for your next HR role, please click here to view all of the HR jobs we are recruiting.