Hong Kong employers plan to rent extra relationship managers, knowledge analysts subsequent yr

Relationship managers, buyer due diligence managers and knowledge analysts are among the many hottest jobs in Hong Kong within the coming yr, based on HR professionals.

In as we speak’s enterprise atmosphere, relationship managers can be one of many “sizzling jobs” within the monetary providers business, based on Betty Lam, head of human assets at DBS Bank in Hong Kong.

Outdoors of personal banking, relationship managers additionally help small and medium-sized companies. Relationship managers are notably useful in guiding these companies by the challenges of Hong Kong’s present financial atmosphere, Lam stated.

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The Singaporean financial institution went on a hiring spree this yr, including 106 new workers, together with 50 relationship managers. The others help his non-public bankers, based on Lam.

Banks in Hong Kong want to rent relationship managers and personal bankers. Photograph: Harvey Kong alt=Hong Kong banks want to rent relationship managers and personal bankers. Photograph: Harvey Kong>

Banks like HSBC Holdings And Chartered standard additionally indicated that they’d concentrate on essentially the most worthwhile areas of their enterprise, together with non-public and company banking.

Earlier this yr, Normal Chartered introduced it might double the scale of its wealth administration crew, hoping to seize a bigger share of the area’s rising ultra-wealthy section.

UBS Group stated it might enhance its headcount in a bid to double the property it manages for its millionaire shoppers within the area over the following three to 5 years, whereas the Financial institution of Singapore elevated its headcount in Hong Kong. Kong by 30 p.c.

“Wealth administration is a rising business because the ultra-wealth section matures in China,” stated Jerry Chang, a advisor at govt search agency Barons & Co.

“Past that, having relationships with prospects, having smooth expertise and relationships to do enterprise,” he stated. “These are actually the vital components of relationship supervisor, which banks are all on the lookout for as we speak.”

German lender German BankCurrent hires have targeted on funding banking, non-public banking and company banking. He confused the significance of buyer protection.

Key expertise for 2025 embody language proficiency – notably Mandarin – and knowledge evaluation, based on Nishant Mihir, Deutsche Financial institution’s head of human assets for Asia Pacific, the Center East and the Center East. Africa.

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