Resources for Basel II Capital Accord (Basel II)

Labour supply short of skills

www.financejobs.ie

he supply of skilled professionals is still failing to meet demand in Ireland’s financial services industry. Top of the pile is a lack of skilled regulatory and compliance professionals. You can see the number of vacancies in any of these sectors on FinanceJobs.ie.
There is still a strong demand for a number of skilled positions in the financial services sector, according to a number of top recruitment firms. The areas of skills shortage are accounting, auditing, compliance and banking.

Yet, there are a number of issues affecting different areas of recruitment within the financial services sector. In many cases there is a general shortage of staff, but certain sectors are currently being affected by a number of circumstances specific to their particular needs.

Banking, finance a financial services accounting: In this sector there are currently candidate shortages as well as a huge demand for commercial lenders, compliance and risk professionals. According to Kate Thomas, manager of this sector for Premier recruitment, ‘Regulations within the market place are at an all time high attributing to the lack of skills and need for SOX and Basel II knowledge.’

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