Careers and Jobs

Banking & Finance Salary Survey for Ireland

If you are working in the Banking & Finance sector in Ireland or you are hoping to secure a job in the sector below is some valuable information about salary. Perhaps you are negotiating a salary review or you are interviewing for a new job. This salary survey will offer information for Fund Services, Shareholder Services, Trustee, Corporate Actions, Custody, Client Services and Compliance.

FUND SERVICES
Senior Fund Accounting Manager = 68-85k
Fund Administration Manager = 54-65k
Fund Accounting Supervisor = 46-54k
Senior Fund Accountant = 36-46k
Fund Accountant = 30-35k
Fund Administrator = 26-30k

SHAREHOLDER SERVICES
Head of Shareholder Services = 90-115k
Shareholder Services Manager = 55-73k
Senior Shareholder Services Administrator = 35-45k
Shareholder Services Administrator = 27-35k

TRUSTEE
Head of Trustee = 95-115k
Manager Level = 57-70k
Senior Trustee Officer = 30-40k
Trustee Administrator = 27-36k

CORPORATE ACTIONS / MARKET DATA
Manager = 50-62k
Senior Administrator = 35-44k
Administrator = 26-33k

CUSTODY
Head of Custody = 90-105k
Custody Manager = 62-78
Custody Supervisor = 41-52k
Senior Custody Administrator = 33-40k
Custody Administrator = 28-32k

CLIENT SERVICES
Manager = 75-110k
Supervisor = 50-65k
Client Services Administrator = 30-35k

COMPLIANCE
Compliance Manager = 70-85k
Assistant Manager = 60-70k
Compliance Officer = 30-45k

For more information on Banking & Finance sector and employers in Ireland check out the following posts. Treasury Jobs – Trustee & Custody Jobs – Mutual Funds Jobs

Do you want to work in Treasury in Ireland. The IFSC houses some of the biggest financial companies in the world. I have listed some of the companies to approach if you want a job in Treasury.

Direct applications or speculative approaches to companies is something of a lost profession. Most jobseekers will register with a recruitment agency or view job boards online.

If you are struggling to find a job and want to work in the IFSC why not approach these companies directly. Need help with this then check out this blog.

The Irish funds industry has grown substantially since the creation of the IFSC and now directly employs thousands of staff. If you want a job in Mutual Funds I have listed some companies based in the IFSC in Dublin that you can approach.

We have also posted some Hedge Fund companies and information on how to apply to companies on spec. Read this article as it will provide valuable advice for jobseekers in Ireland.

For CV advice in Ireland check out this blog with loads of free CV advice.

The Banking & Finance sector is buoyant in Ireland dispite recent turmoil in the Global Markets. Over the next few weeks I will outine some key employers in the Sector especially in the IFSC.

Over 430 international operations have approval to trade in the IFSC in Dublin. Another 700 managed entities are approved to do business under the IFSC programme.

Recruitment Agencies and Job Boards in Ireland will have various opportunities and vacancies in Hedge Funds in the IFSC but here is a list of Hedge Funds companies you can approach directly.

Remember if you need help approaching companies directly you can read this article.

Two of Ireland’s biggest banks have put up the “not hiring” signs. This is largely due to the difficult market conditions and property situation. These efforts to control staff cost has come about after sharp cuts in the share prices of both banks. What does this signal for the banking sector in Ireland?

I wrote yesterday about the great news released that PAYE workers had reclaimed 1.5bn in tax over the last 4 years BUT guess what!! Abuse and health scandals have just wiped this out. When you sit the cost of the Tribunals on top of this we are actually worse off.

So any good jobs news stories today?

FINANCIAL SERVICES – Cork was once known for its strong Pharmaceutical Sector (and GAA strikes) BUT now it seems that it is building its own little IFSC. Citco has announced that it is creating 150 new jobs. The company already employs 145 in Cork. The majority of the new roles will require 3rd level business/accountancy. Ireland is now has over 40 companies employing over 9000 staff in the funds administration sector.

INFORMATION TECHNOLOGY (IT) - More than half of senior technology executives are confident about the sector in 2008. Many see increases in employment in the sector. Over half believe that it is getting difficult to recruit IT staff.