Financial services sector 'is booming'

The financial service sector is currently enjoying a boom period, according to one sector expert, which bodes well for those looking for sales recruitment opportunities in the industry.

Stephen Pearce, a director of KennedyPearce, told Recruiter that double the number of candidates are currently entering the sector compared with a year ago, with one of the biggest challenges currently finding the right people for the job.

According to the expert, most of the banks scaled back their teams "significantly" during the credit crunch and recession and now need to recruit.

His statement is backed up by recent eFinancialCareers.com research which showed that all but one of the 22 sectors spanning the UK financial services industry saw vacancies increase by at least 23 per cent in the last year.

"Banks are turning to recruitment agencies to fill senior positions in London because this is the only way to secure the right talent," Mr Kennedy told the website.

As a recruitment provider to many of the UK's major banks, mortgage lenders and building societies Aaron Wallis have a deserved reputation within Financial Services recruitment. Their dedicated FS consultants recruit sales professionals across Retail Banking and Financial Services including IFA’s and Mortgage Broking.

Posted by Wayne Bly

Filed: 07-12-2010