Employers of treasury professionals to face skills shortage

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Research from Robert Walters has found 38% of employers anticipate facing skills shortages when looking to recruit treasury professionals in the second half of 2016.

A further 24% of employers believe that these shortages will be intensified by the result of the EU referendum.

“With the value of the pound declining, treasury professionals are likely to become highly sought after as businesses look to optimise their treasury function,” said Lynley Hall, Senior Consultant at Robert Walters.

Need for mid-level professionals

74% of employers plan to recruit mid-level professionals into treasury functions during the second half of 2016.

This is a result of businesses recognising the value of treasury departments and as such, seeking professionals at a mid-management level who possess the technical and management skills to oversee projects relating to changes in legislation.

“In the past, strong technical skills were the main quality employers sought in treasury professionals. However, now employers are seeking out specialists who can demonstrate strong commercial awareness and insight as well as technical proficiency,” continued Hall.

Key hiring areas

Businesses are seeking professionals at a mid-management level who possess the technical and management skills to oversee projects relating to changes in legislation.

We have seen high demand for mid-level professionals as employers look to replace staff who are being promoted from middle management roles into more senior positions.

"Recruitment for interim treasury managers are increased while permanent staff are seconded to other areas to gain experience,” said Hall.

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