IT jobs outlook improves
The economy is picking up, if a bit unevenly. Many banks, notably the largest banks, are showing strong signs of recovery. And many think there may be some pent-up IT demand building in the industry. All of which points to some signs of hope when it comes to bank IT hiring.
Claymore Partners, an executive search firm, says things are definitely picking up, though we're far from the heady, pre-financial crisis days. Claymore's most recent survey found that 30 percent of firms are expecting "strong" or "major" IT hiring. That's up only two percent from the spring of 2009.
One area of job growth: risk management, which in many places is still IT-dependent. It ranks as the third greatest hiring area, behind sales and professional services. Data expertise is also in heavy demand. This is good news, as any hiring at all is an improvement. But getting a job may still be difficult, notes Bank Technology News. Banks are being extremely selective.
Apart from banks, however, there are other financial services firms that are likely to start hiring earlier. Hedge funds for example continue to face some compliance risk-management challenges.
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