Category: Archive

Who’s Hiring: Fall frenzy for financials

February 17, 2011

By Staff Reporter

Factors affecting this include the unemployment rate, as measured by the household survey, dropping to a four-year low of 4.9 percent, and the presumption that in the wake of Hurricane Katrina the Fed might suspend its program of gradual rate hikes for a while.
Quite a few firms are openly hiring in relatively large numbers. Moodys Investors Services, for example, is advertising for corporate finance analysts, specialists in telecoms, local governments, residential mortgage-backed securities, and more. Mastercard is looking for several experienced executives at VP level.
Some companies, reluctant to say that they are going on a hiring drive for fear it will tip off competitors about what area of business they are about to target, use recruiting agencies and headhunters to quietly find the right people. Execu-Search, for example, listed more than 1,300 positions on its books in the New York Times this week.
Other firms have reached such a scale that they are hiring more or less all the time, for example PriceWaterhouseCoopers, Bear Stearns, or Merrill.
A spokeswoman for Lehman Brothers this week told the Irish Echo that the company was not expanding or building new units this month more than any other, and could not really be said to be on a hiring drive.
She added, however, that interested readers should check the company website for jobs. Here’s why: In the past 10 days, Lehman has advertised 28 new positions for its New York City operations alone. The firm needs Associates, Senior Associates and Vice-Presidents for its Finance division; developers, senior developers and auditors for its IT division, and various other project managers and analysts.

Heard who’s hiring or firing? Don’t hoard the info — tell the Echo! Quick: careers@irishecho.com

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