The Safest Jobs in Finance

 

Financial services employees are concerned about their jobs lately – and rightfully so. However, there are still some jobs that are safe, according to a recent FINS article. FINS is a career resource for the finance, technology, sales and marketing industries and is affiliated with The Wall Street Journal. These safe jobs include:

  • Wealth management – Firms need professionals to handle the growing number of millionaires, according to the article. They will be looking for professionals with five or more years’ experiences as well as junior talent. Deutsche Bank, for example, plans to hire more than 30 relationship managers each year for 2011 and 2012, while Royal Bank of Canada plans to increase its private banking team to 100 to 120 by 2015, according to the article.
  • Accounting – Demand for accountants has steadily increased throughout 2011, Mike McNamara, regional director at global staffing firm Accounting Principals, a division of recruiting agency Adecco USA, says in the article. Positions are open for accounts payable/accounts receivable accountants, financial analysts, auditors, accountants and controllers, he says.
  • Top private equity firms – While many private equity firms aren’t hiring, the most successful are due to an increase in deals within hot sectors such as technology and energy, according to the article. For example, private equity firm Blackstone expects to hire at its normal rate this year and next, a spokesperson says in the article.

For more information and other “safe” jobs, read the full article by clicking here.