Latest articles
Those expecting an internship to be nine weeks of coffee runs will be pleasantly surprised
Over the past several weeks I have been working in the resources team at UBS in Perth. The office forms part of the wider UBS investment bank, and services the broad WA resources sector, providing advice primarily on M&A and capital raisings. After a week of training in Sydney and the opportunity to meet my [...]
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Five (somewhat) hot summer jobs for your post Australia Day search
We’re not saying it’s going to be a great summer (or year) to be looking for work, but some job functions will at least be a bit hotter than others… Financial modelling Professionals with experience developing detailed financial models are becoming more sought after, particularly within M&A, corporate finance advisory, project finance advisory, professional services, [...]
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Blog your career here: We want financial professionals to write for us
Fancy yourself as a bit of a blogger? Want to provide career insights or just vent your frustrations to Australia and the world? Well, we’re looking for people to write about what it’s really like working (and searching for work) in financial services these days: the good, the bad and the maddening aspects. Your blog [...]
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Hey boss: Your Gen Y staff probably hate you – here are five things you should do now to stop them quitting
I recently met a group of my ex-colleagues and I realised that there were more alumni represented than people who still work at the firm. You can imagine the conversation: we started with reminiscing about the happy and funny moments, but slowly somehow, it always turned to complaints and bitterness about missed opportunities and all [...]
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ANZ’s axe most likely to fall on the back office; analysts expect 7,000 roles will go across the industry
Roles in ANZ’s Australian back office are the most under threat as the firm plans a new round of redundancies. ANZ, which according to its 2011 annual report had just below 49,000 employees globally at September 30, has not announced exactly how many jobs will go, but the Finance Sector Union understands that the lay-offs [...]
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Three big, bold trends set to shake up the private banking sector in Australia
Recruitment in private banking is anything but boring. There will be some growth and a lot of change in the sector this year. 1) The big four want to become proper private banks The big four Australian banks are investing in their company-wide platforms and (among other benefits) this will help move them closer to [...]
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An interview with Robert Walters, chief executive of Robert Walters
What will 2012 hold for financial services hiring? Is RBS a precursor for disaster elsewhere? Will hiring in Asia really go the way of hiring in Europe? We asked Robert Walters, chief executive of the eponymous recruitment firm. This is what he said: Q: Is 2012 going to be a bad year for financial services [...]
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Intern Diary: Investment banking is like doing exams every day, but far more interesting
This summer I am working in the investment banking division of UBS in Sydney. More specifically, I am in the resources team and primarily dealing in equity-based transactions. The first week of my internship consisted of training, both external (Excel/Bloomberg) and business specific (IBD), and an introduction to the various aspects and divisions of the [...]
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The Inbetweener: In accounting, you can’t win. If you use your skills, you get put in your place. If you keep quiet, you don’t sell yourself enough
In the banking sector, the management structure is flat and straight forward. No one bothers you as long as you do your job and you are competent. It’s about being forward thinking and solution orientated, getting the work done within requirements and in the most efficient way possible. It’s about the outcome rather than the [...]
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A year to fear? Here’s our preview of the Australian job market in 2012
Job seekers get scared Candidates’ appetite for risk is at an all-time low, so taking the gamble on changing roles in the current climate is a hard decision to make, says Jeremy Paterson, general manager, Lloyd Morgan. “In the fourth quarter alone we have had a number of jobs offered and accepted by individuals only [...]
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