Bank jobs, finance jobs, recruitment in the financial markets, accounting and investment banking. Find jobs, post resumes and browse job market news

Send Print

Comments (40)

• Oldest first
• Latest first
• Comments 1 - 10 of 40

• I wonder if all of those who compained about how "backward" and "unsophisticated" Australian banks are, still think the same in 2009 ?
  
  At least they are all still in business, while all those sophisticated US and European banks are all being nationalised.............

  Andrew 10 Mar 2009

  RECOMMEND Recommended 0 times | Alert Moderator

• Last week I heard that the NSW government wanted to make Sydney the financial centre of Asia Pacific.  I find it to be the Mother joke of all jokes!!  Here in Australia we don't value international experience and most of the local staff don't have much foreign experience. How can this country become a financial giant when most of the time exployers and recruiters talk about the need for local experience in recruiting new staff ?!.  Don't even mention about the poor infrastructure and primitive public transport system in Sydney.
  
  Compare Sydney to HK or Singapore - these 2 cities have great public transport systems, their people are more mobile / internationalised and they are already years ahead of Sydney.
  
  HELLO Sydney, please wake up and come to your senses, you have been dreaming for too long. Change your mindset before you have any grand international idea again !!

  International Person 06 Aug 2008

  RECOMMEND Recommended 0 times | Alert Moderator

• I can't believe you guys are complaining. Do you wonder why there is a brain drain in the first place? Its because Australia is a small crappy market with an inflated view of its own importance. Yes, the education system is good, and there are many wonderful things about Australian culture. But people - its not and never will be a major world financial centre! Thats why the pay is crap.

  Wylie 24 Jun 2008

  RECOMMEND Recommended 0 times | Alert Moderator

• These comments ring too true. I worked in London for over 7years at various VP/Assoc Directors level.
  
  After being back 1 year in Sydney it took me a solid 3 months to get a job - I had to accept a 40% pay cut & to drop 5 rungs back in the ladder as their simply are not the same level of jobs back in Australia as compared to that of NY,London or even Singapore.
  
  The local Banks are run by 50 year old plus ex GPS School who are INCREDIBLY scared of overseas experince, thinking outside the box and simply years behind in the banking industry - about 5 years so far I can work out-
  
  This notion of lack of local skills- and the banks are crying out for expats to return 'to the lcuky country' is just not true- the reality is stay in London, NY etc until we grow up and change our way of thinking

  brad 01 Apr 2008

  RECOMMEND Recommended 0 times | Alert Moderator

• The Australian finance market is 10 years behind the rest of the world in sophistication and a veritable steaming cauldron of politics and back-stabbing. I have found to my regret it's very much WHO you know, rather than WHAT you know. I was hunted from a great job back in the real world and will now be leaving this backwater as soon as I can, back to the real world. What a disappointment.

  Exec1 01 Apr 2008

  RECOMMEND Recommended 0 times | Alert Moderator

• And I thought it was just me :)  Any established professionals coming to Sydney from London should be really clear that it's a lifestyle move first and foremost - it's a parochial market and odds on your career will suffer if your standards are high or if you not particularly well connected.  Think very carefully before you jack it in just because the weather's better here - you can always come out for a holiday on your lovely London pounds.

  Josephine 31 Mar 2008

  RECOMMEND Recommended 0 times | Alert Moderator

• My comment relats to Apurv's complaint about the PwC interview. On reading his note, I now know why PwC would have rejected him. If he could make those many grammatical errors in a two-para note, I can not imagine how he would have come across in an interview. 
  
  
  
  Working for a Big 4 myself and having conducted numerous interviews over the last few years, I must say that communication skills is one of the most basic attributes that the Big 4 look for. Maybe an English speaking/ writing course may help.

  Anon 07 Aug 2007

  RECOMMEND Recommended 0 times | Alert Moderator

• Dear All,
  Please do not lose heart. Continue to persevere. This is a great country with good facilities to live in. As highlighted by one of the contributors, keep trying coz once the door opens, it will be worth it. Also, do not mind taking a step down coz if u are good, it will just be a temporary set back.
  
  
  
  About recruiters, no offence to them but try going into the Bank or potential website instead because after seeing many recruiters, i was really dissapointed at the non results and when i applied directly, I got the job! So, dont give up!
  
  
  
  Also, to the guy who suggested Today tonite, i think its a good idea. Please explore especially all those who are still looking. Group together and share the experiences with today tonite. See what can be done especially with election coming up!

  Katrina 04 Jul 2007

  RECOMMEND Recommended 0 times | Alert Moderator

• I absolutely agree with all the comments above. Since coming to Melbourne I have found finding THE job extremely difficult, tiring and very frustrating. My experience with recruiters is that a lot of promises will be made, but nothing is delivered. Coming from Europe and with over 9 years of experience in Marketing, fluent in 5 languages I had trouble landing a job, any job for the first few months. While in Europe I didnt have a problem, I never attended an interview, I was lucky to always been headhunted.
  
  
  
  
  Before embarking on my big adventure, I did my research - read lots and lots articles, subscribed to forums and tried to set up a network before I came here. My experience is that recruiters, colleagues and even employers might be envious or even intimidated by international experience and I have been advised to play it down. All I can say is that you have to keep on going, keep on emailing, writing and meeting people.
  
  
  
  
  p.s Sinatra's song should be changed ' Melbourne, Melbourne, if you can make it there, you'll make it anywhere'.

  Jamila 02 Jul 2007

  RECOMMEND Recommended 0 times | Alert Moderator

• Hello
  I am trying to get a graduate position in accounting and I am having a lot of trouble. I am an Australian citizen, just wondering if anyone else is having a similar experience.

  Nick 27 Jun 2007

  RECOMMEND Recommended 0 times | Alert Moderator