eFinancialCareers

Answer the following multiple choice question. Psychometric assessment is: a) torture b) used if the hiring manager has concerns about a candidate’s mental stability c) already used for both graduate and lateral recruitment and increasingly becoming standard practice in banking recruitment. According to the two key providers of psychometric testing, SHL and Chandler Macleod, the correct answer is c). Of course, in Australia Macquarie Bank is synonymous with pysch testing candidates for... Read more

Most people employed in banking have experienced the anxiety of returning to work after a holiday of more than three days: it feels like a whole year’s worth of activity has taken place in the time you were away and you have to pedal extremely hard just to catch up. Can you imagine then how it would feel if you have been out of the financial markets raising children... Read more

Local firms versus international investment banks. This topic certainly polarises banking enthusiasts. Historically, the global banks have been perceived as a more prestigious, glamorous career choice, with higher earnings potential than the big four domestics – ANZ, CBA, NAB and Westpac. However, during the last five to 10 years I have seen an increasing number of bulge-bracket executives and jobseekers making the switch to the domestics. And the current... Read more

Contrary to general expectations, most of the global investment banks have confirmed that they are still hiring, albeit selectively. The difference between now and 12 months ago is that it is no longer a candidate-driven market. The recruitment bar has risen and it is definitely harder to leap over. IB recruiters are still conducting searches for key roles. Their targets are key talent that is now more likely to consider... Read more