Hiring for these banking & financial services roles remained robust in 2Q: Randstad

SINGAPORE (Aug 6): Randstad Singapore says 2Q hiring activities have increased for front- to middle-back office operations in the banking & financial services sector, following a quarter of strong economic growth that was partly driven by the finance and insurance sectors.

According to the Randstad Banking Market Outlook Q2 2018 report, the trend of increased hiring was especially so among retail and wealth management banks, while hiring also accelerated within the investment management and private equity (PE) space, especially in sector-focused areas such as technology and life sciences.

Banks and insurance companies in particular have made it their first priority to grow their frontline sales so as to expand their retail and wealth management businesses, where Randstad observes strong competition particularly in the case of bancassurance and investment products.  

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