Local technology and banking hiring to persist in 2019

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IT savvy employees are in hot demand due to technological disruptions across all industries.

Local hiring for technology, banking, sales, marketing and change management professionals is expected to remain active in 2019 with competition for top talent forecasted to be fierce, according to Morgan McKinley’s 2019 salary guide for Singapore.

In the accounting and and finance sector, candidates experienced in regulatory reporting are in high demand, whilst banks are increasingly looking to hire trade finance operations specialists. Larger banks are expected to invest more in finance candidates that can engage with senior stakeholders, as well as juniors that show a forward thinking mindset, the firm highlighted.

Also read: Digitally-driven internal auditors to be in hot demand in 2019: report

According to Amy Wilson, finance & operations associate director for banking and financial services recruitment at Morgan McKinley, private equity and real estate firms have been outsourcing their fund accounting work to administrators since the beginning of 2018.

“There will still be fund accounting roles in fund services throughout 2019, however I expected a downturn in fund…

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