European Treasurers Enjoy Buoyant Jobs Market
Career opportunities for European treasury professionals are on the rise, according to data compiled by Robert Walters.
The recruitment firm’s Job Index tracker of vacancies posted to leading job boards in Belgium, France, Germany, Ireland, Luxembourg, The Netherlands, Spain, Switzerland and the UK contrasts the number of roles advertised between the first and third quarters of 2013 and 2014.
By the end of Q314, the Index found that the overall volume of treasury jobs had grown by 5% compared to the same period a year earlier.
“Several factors lie behind this increase, not least the introduction of regulatory frameworks such as single euro payments area (SEPA) that have had a lasting impact on institutions with a strong European footprint,” said Niamh Hourican, treasury recruitment consultant at Robert Walters. “As workloads build and competition emerges to attract treasury professionals with the right skills, the repercussions are being felt throughout the market.
“Implementation of new treasury management systems and upgrades to existing systems are also playing their part. Companies often have to deploy skilled permanent treasury staff to man these projects, leading to an increase in interim hiring to backfill the resulting shortfalls.
“Finally, the increasing strength of the economy is also driving an atmosphere of confidence among both candidates and employers, speeding up the rate at which treasury jobs are being created.”