employment 4 students - The UK's most visited student jobsite


London Creates 2,500 Finance Jobs In The City

05 Dec 2013

London Creates 2,500 Finance Jobs In The City

Anyone hoping to land a graduate finance job in London might feel encouraged by news that the City created 2,500 new jobs during the month of November.

A mix of mergers in the corporate world, changing regulation leading to an increase in the importance of compliance staff, rising stock markets and other factors is leading to hundreds of new jobs for graduates in London in a season where there is traditionally a dip in the number of new jobs generated. Usually at this time of year, firms in the City place a drag on new recruitment until after Christmas and New Year bonuses have been paid out to existing employees.

According to Astbury Marsden, an international specialist in recruitment for the financial services industry, new job generation in the finance sector of London for the month was up almost 40% on a year ago. The November 2013 figure for new jobs in the City also showed a solid increase on the previous month, with October generating 6 per cent fewer jobs, with around 2,350 new vacancies.

Commenting on his firm’s jobs statistics, Chief Operating Officer at Astbury Martin, Mark Cameron, said: “There is normally a lull in hiring activity at this time of year, and this is the first time since 2010 that we have seen a reversal of that trend. This is the long-awaited positive indicator. We have seen more hiring to support growing activity in equities and equities derivatives trading.”

Mr Cameron singled out specialist equity derivative products and quantitative trading programs as specific areas where banks were increasing activity and driving jobs in the financial sector of London.

Astbury Marsden are not alone in thinking that there are positive indicators in the finance sector of the UK. The Association of Professional Staffing Companies (APSCo) has said that vacancies in the finance and accounting industry are up over 5 per cent on a year ago, which prompted chief executive Ann Swain to say: “It’s perhaps finally time to remove the word ‘cautiously’ from ‘optimistic’.”

Are you thinking about a career in the City? If you are looking for jobs in the financial services or banking industry after leaving university then London has more vacancies on offer than any other city in the UK. Start a search for your future career now on our page of Graduate Finance Jobs In London.

Find your perfect job now!

Register now to let employers find you and be notified about the latest relevant jobs