Hong Kong's banking, financial sector on the lookout for risk management assets

Employers want to stem losses.

Candidates with strong skill sets in risk management are likely to be prized assets within Hong Kong’s banking and financial sector as employers seek to stem losses, bad debts and compliance fines.

According to a release from Hays, this is one key finding from the latest Hays Quarterly Report for the April to June quarter, which identifies key trends in the job market.

Dean Stallard, Regional Director of Hays in Hong Kong, commented, “Banking employers in Hong Kong are focusing on building their risk and compliance function following years of lacklustre corporate performance. We expect them to step up hiring to prevent new bad debts from arising.”

Here's more from Hays:

“Despite weaker sentiment overall that may result in less headcount creation for corporate or investment banking professionals, candidates with credit risk approval experience will continue to be in high demand as companies add more resources to tighten the provision of credit”, according to Dean.

According to the Hays Quarterly Report for April to June, some of the highly sought after professionals in Hong Kong include:

Accountancy & Finance: Risk Managers, Management Accounting professionals, Financial Planning Analysts

Banking and Financial Services: Credit Risk Approval Managers, Private Banking Credit Structuring Managers, AML Compliance Managers

Engineering: Tendering Engineers, Quantity Surveyors, Data Centre/Facility Engineers

Life Sciences: Consumer Regulatory Affairs Specialists, Technical Medical Affairs professionals

Information Technology: Business Intelligence Software Developers, SQL Experts, Net Programmers

Insurance: Medical Operation Managers, Compliance and Auditing Specialists, Bancassurance Sales Managers

Procurement: Category Management professionals, Commodity Managers, Direct Procurement professionals

Property: Data Centre Maintenance professionals, Facility Management Specialists, Technical Services Managers

Sales & Marketing: Content Marketing Managers, Search Engine Optimisation professionals

Supply Chain: Material Planners, Inventory Managers, Order Fulfilment Specialists