Around the World: Foreigners and returnee Australians face a tough job market

Why you don’t want to be a returnee or a foreigner in this jittery job market

Foreign nationals and returnee Australians aren’t facing the easiest of employment markets as firms fall out of love with expensive talent, according to delegates at the recent eFinancialCareers roundtable in Sydney. [Australia]

These are the roles a CFA can help you attain in the Middle East

Since the financial crisis of 2008, the number of people in the Middle East seeking the security of a professional qualification has risen dramatically. More people are taking MBAs and finance-related MScs, but there’s also been a proliferation of financial professionals undertaking the Chartered Financial Analyst qualification. [Middle East]

Most banks are questioning the value of offshoring to India, so why is RBS moving more than 100 Scottish jobs there?

It’s not a good day to be working for RBS at Gogaburn. As has been widely reported, the bank is scrapping 120 posts at its Edinburgh head office (and 95 elsewhere) while creating 250 new jobs in India. A further 83 temporary staff in the UK are having their contracts terminated. The move will mostly affect accountants working in the finance division, including Edinburgh-based accountants providing finance services to RBS’s investment bank. [Scotland]

Here are seven job sectors in which firms are still hiring in Asia

We’ve asked a few recruitment experts about which jobs in Asia are (comparatively) thriving in the face of recent layoffs, hiring freezes and falling profits. Factors including Basel III, the growth of the Chinese economy and the rising number of wealthy individuals in Asia continue to prop up an otherwise sagging recruitment market. [Hong Kong]

This is how you can earn £100k+ working in HR for an investment bank

Things aren’t looking very good for recruiters at investment banks. At last week’s roundtable for heads of recruitment, there was a lot of talk of shifting banks’ recruitment staff into internal mobility functions until hiring picks up again. [UK]

The M&A job market in Japan seems strong in the long term, but finding a job as a foreigner now is tough

The M&A outlook seems positive in Japan as local businesses are expected to take advantage of an appreciating yen by acquiring more companies overseas. There were 800 cross-border takeovers in Japan last year, valued at US$89 billion – the highest number of these transactions since 2000, according to Bloomberg. Its report last month also cited both Citigroup and Nomura as being eager to boost their cross-border M&A teams, although no further details were given. [Japan]