The latest Robert Walters UK Jobs Index has revealed that treasury vacancies have risen across the UK, with the number of jobs available in the third quarter of 2017 up 4% compared to the same time last year.
As employers look to upskill their internal teams, demand has been highest at the junior end of the market for professionals who can support day-to-day operations.
Within treasury teams, employers are favouring seconding senior professionals to other departments to upskill internally and share their specialist knowledge.
“As a result, demand is high for junior professionals to provide support with strong technical skills in cash management and treasury operations,” commented Daniel Connors, Director at Robert Walters.
Employers face skills shortages for junior specialists
“As a result, demand is high for junior professionals to provide support with strong technical skills in cash management and treasury operations.”
A lack of graduate recruitment into treasury functions has created a talent bottleneck, with employers struggling to source junior professionals.
When looking to attract junior candidates, employers will need to emphasise the potential a role has to help them gain more diverse experience.
“Promoting the opportunity to engage in project work as well as the more routine aspect of the role will help employers gain an edge over competitors,” concluded Daniel Connors.
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