City Recruitment Opportunities Surged In January

Recruitment opportunities in the City of London have more than doubled in just one month, with recruitment by many small and medium-sized banks being seen as the cause. 

Figures from financial recruiters, Astbury Martin, have shown that the number of jobs on offer in January this year was 4,050 – a staggering rise from the 1,490 that were on offer in December.

Astbury Martin’s chief operating officer, Mark Cameron, said that opportunities were being created by “nimble and ambitious” finance companies. He said they are seeing the current financial climate – and abundance of skilled financial operatives looking for work – as a good opportunity to build and expand their business. 

“With recent widespread redundancy programmes and many of the biggest banks withdrawing their horns, many firms have realised that there is now a wide pool of talented bankers that they may not have been able to recruit a year ago,” he explained. “Those employees that have stayed put for some time to see out the downturn will still be harbouring ambitions to move on.”

The figures were still 25 per cent down on the number of jobs available in January 2011. A Reuter’s tally showed that 130,000 financial jobs having been lost in the City since the middle of 2011.

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