Demand for treasury professionals up 54% in the UK

female discusses demand for treasury professionals

The latest research from the Robert Walters UK Jobs Index has revealed that that the number of treasury jobs is up 54% in the second quarter of 2017.

This has resulted in a growth in demand for junior professionals with firms looking for specialists in international cash management.

Despite uncertainty caused by the General Election earlier this year, recruitment of treasury professionals remained high, with junior professionals particularly sought after.

“Even at this junior level, employers are keen to secure high calibre professionals, with many maintaining a rigid approach to their hiring criteria despite an ongoing skills shortage.”

“Demand for treasury professionals has been high throughout 2017 so far, with junior professionals being in highest demand, in particular, vacancies for treasury analysts and treasury dealers have been common,” said Lynley Hall, Manager at Robert Walters.

“Even at this junior level, employers are keen to secure high calibre professionals, with many maintaining a rigid approach to their hiring criteria despite an ongoing skills shortage.”

Falling value of the pound and its impact on businesses

The falling value of the British pound has encouraged many firms prioritising international cash management and risk management, with treasury teams focusing on ensuring assets are held in low risk currencies to ensure long term financial viability.

Whilst this has been a concern for many businesses, they are also aware that this could offer a potential opportunity. As a result, Treasury professionals who specialise in international cash and risk management are highly sought after to manage the distribution of assets.

“Even at the junior level, treasury professionals who can demonstrate expertise in these areas are in a strong position to command high salaries, with many firms also offering structured career progression to attract top talent,” concluded Lynley Hall.

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