- The number of projects roles grew 8% year-on-year
- The number of candidates also grew 9% compared to August 2014
The results of the Robert Walters City Jobs Index, which tracks the number of jobs available and candidates seeking jobs in the City of London month-by-month, show that in August the number of projects roles rose by 8% compared to August last year.
The number of candidates also grew by 9% over the same period, leaving demand for projects professionals outstripping supply with 1.6 roles per candidate.
James Murray, Robert Walters Associate Director, Projects, comments:
“Despite the usual summer lull, the demand for projects professionals has continued to grow throughout august, with both employers and candidates remaining active in the jobs market.”
“Pressure from regulators has played a significant role in driving this activity, as employers rush to mobilise for delivery of new programmes to comply with demands from national and multi-national regulators.”
“MiFID2, the fundamental review of the trading book (FRTB), bank ring fencing and front office controls projects have all driven demand for Assistant Vice President and President level professionals in business analyst and project manager roles.“
“As a result, experienced projects specialists who can demonstrate the ability to get results are in high demand to drive these changes.”
Background:
- The Robert Walters City Jobs Index uses figures from Robert Walters database of jobs and candidate registrations, extracted on a monthly basis. Statistics for the full market are derived using estimated market share.
- Robert Walters is one of the world's leading specialist professional recruitment consultancies and focuses on placing high calibre professionals into permanent, contract and temporary positions at all levels of seniority. The UK business recruits across the accountancy and finance, banking, HR, legal, IT, sales, marketing, risk, compliance, tax, treasury, procurement and supply chain and support fields. Established in 1985, the Group has built a global presence spanning 24 countries.