Tip: Japanese Finance Firms on the Hunt for Talent
Most Asian hiring stories haven't tended to focus on Japan -- until now. Sumitomo Mitsui Financial Group, Japan's second-largest bank by market cap, will expand its brokerage business outside Japan. It will expand to 70 from 27 in New York and to 120 employees from 33 in London. Meanwhile, Mizuho Financial Group, the country's third largest bank by market cap, will expand its advisory services in Asia. It plans to hire 170 through March.
Tools to get the job:
How to Apply for a Finance Job in Asia
Living and Working in Asia
Tip: Microinsurance Growth to Create Emerging Markets Jobs
You've heard of microfinance, but microinsurance? Say hello to the new micro on the block. For new growth, insurance companies are turning to emerging markets, where they can bundle microinsurance and microfinance loans together to sell to low-income populations. The market is mostly untapped thus far, but as it gains traction the industry will have to hire those who can cater to emerging markets.
Tools to get the job:
The Perfect Insurance Resume
Life Insurance Hiring is Reborn
Tip: Mining Companies May Hire to Comply with Dodd-Frank
Dodd-Frank has put a premium on transparency and companies are hiring in response. New SEC rules would require mining companies to reveal what taxes, royalties and fees they pay to other governments. As a result, mining companies will need finance pros who can navigate disclosure paperwork and understand the nuisances of operating in foreign countries. Compliance is set to be one of the hottest hiring areas for finance pros in 2011.
Tools to get the job:
How to Get a Job in Compliance
Finance Firms Hiring for Compliance
Tip: Jefferies Buoyed by New Workers, Still Hiring
2010 was a good year for personnel at Jefferies. The firm added 456 positions in the first 11 months on the year, and is continuing to scout for new talent. The company wants to bring on investment bankers in Asia and Latin America and has capital markets work piling up in its pipeline. Investment banking sales increased 51% from last year, a green light to add more staffers in the business.
Tools to get the job:
The Perfect Investment Banking Resume
What to Wear to a Finance Interview
Nailing Your Interview