The second half of the year is more about winding down recruitment than stepping up any significant expansion. And yet, despite this, investment banks’ websites are brimming with new positions, suggesting the remainder of 2015 will still offer opportunities.
Some roles have been open for a number of months, demonstrating that firms are struggling to hire for these jobs. We scoured the websites of Goldman Sachs, UBS, Barclays, Citigroup and Deutsche Bank to give you an idea of which roles banks just can't seem to fill.
The usual disclaimer applies here – it may be that the vacancies no longer exist and have simply not been taken off the banks' websites. We leave that to you to judge.
Equity technology developer, New York
Live since: 31 July 2014
By volume, technology is by far the biggest business area Goldman Sachs is recruiting for across the Americas, so perhaps it’s no surprise that an IT role is the one that’s remained open for the longest period of time. Goldman is hiring for its ‘equities engineers’ team a role that requires knowledge of both C++ and Java programming languages. Goldman also has 14 US tech jobs that have been open since March.
Investment banking analyst, China
Live since: 12 December 2014
Like most parts of the world, China is a difficult place to find junior investment banking analysts. UBS is looking for an analyst with two years’ experience and a focus on the consumer and retail sectors. Predictably, it wants both good English language skills as well as fluent Mandarin – increasingly a requirement among bankers in Hong Kong and Mainland China alike.
TMT vice president, New York
Live since: 10 April 2015
Barclays is looking for a ‘team leader’ for its analysts and associates within the technology, media and telecoms in New York. TMT remains a hot, and therefore difficult to recruit for, area and Barclays is on the hunt for associates and another VP in San Mateo, California. The focus of the role appears to be tech companies.
Associate, IB, healthcare
Live since: 28 January 2015
Citi says that it’s looking for an associate in its healthcare investment banking team with ‘substantial’ financial services work experience and an MBA would be ‘highly advantageous’. However, knowledge of the healthcare sector is not essential, suggesting that the junior recruitment spree is ensuring these roles are difficult to fill.
Head of Europe, Middle East and Africa controls and conduct
Live since: 16 April 2015
As grand as the title above sounds, it’s still a VP or director level post. The right individual needs to be able to design and implement new controls to deal with impending regulatory requirements and liaise across all the different business functions to make sure that everyone buys into what needs to change. Tough job.