With job opportunities drying up in other areas, many financial services professionals are eying jobs in compliance and risk management - areas where banks are consistently adding talent to help them navigate the highly complex regulatory environment. For the year ended Sept. 1, the number of postings for jobs in compliance on eFinancialCareers rose 32%.
Having trouble finding work in the banking industry? Try taking a look at retail and wholesale firms, which plan on making net adds of 3% and 4%, respectively, in their finance and accounting departments in the fourth quarter.
Pack your skis: JPMorgan Switzerland is calling. The firm plans to hire 350 employees for its private banking business in Geneva by 2012. In Zurich, the company will double its wealth management, commodities trading and industry-financing employees to 120 in the same time frame.