Banking

The banking market in Asia has boomed in the past and could again. This is a result not only of relative economic stability, but also the increasing attractiveness of Asia as a region to the world's leading banks. This demand for banking professionals cuts across all the areas of banking - operations, mid office and front office.

Within Asia, Singapore has experienced particularly high demand for experienced bankers. Private banking continues to grow, with Singapore fast becoming the Switzerland of Asia, on the back of proven stability and an open market approach. Such stability has also encouraged banks worldwide to relocate banking operations and middle office functions to Singapore, as part of a drive to control costs, with significant savings to be made.

Looking to the longer term, the government is being very pro-active and is working with banks to increase the number of banking courses at Singapore universities and polytechnics. In the short term, Tomnay Noble has been sourcing banking professionals from countries right across the globe, including Malaysia, Indonesia, Hong Kong, Australia, Europe and the USA, as well as Singapore.

For more information on banking jobs and the banking recruitment market in Asia, please contact John Tomnay jtomnay@tomnaynoble.com .