The number of vacancies for treasury professionals across the UK is up 10% in Q3 year-on-year, as employers look to invest in treasury departments in light of the economic recovery.
“Steady growth in the UK economy has seen employers decide to invest in treasury functions, looking to heighten efficiency to make the most of the opportunities afforded by the buoyant market," said Lynley Hall, Senior Consultant - treasury recruitment.
“Cash pooling and treasury management system projects have been abundant, calling for treasury staff on a contract basis, while more organic growth in treasury departments has also seen a healthy increase in the number of permanent positions.”
“Demand has been highest for junior and mid-level staff, with employers facing a skills shortage among these professionals as a consequence of the decline in entry-level hiring that characterised the recession.”
North West leads growth
The figures, taken from the latest Robert Walters UK Jobs Index, show that the North West leads the growth in the rise in treasury vacancies, with the number of jobs listed up 11% compared to Q3 last year, spurred in particular by major financial firms relocating back and middle office functions to the region. Steady growth in the UK economy has seen employers look to heighten efficiency to make the most of the opportunities afforded by the buoyant market
About the UK Job Index
The Robert Walters UK Job Index tracks job advertisement volumes over leading job boards across the UK in sectors such as accounting and finance, legal, human resources, marketing, treasury, supply chain and secretarial and support.
Released on a quarterly basis, the report provides an indicative summary of recruitment activity being experienced across major national markets as well as key industry comparisons.
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