Within banking IT, executive director level roles are looking likely to be an area that sees certainly less growth, but a real possibility of decline in job opportunities. Many of the larger banks are looking at this level of employee in order to control cost and also (some may cynically say) as an internal and external PR exercise. Certainly the Basel III and other requirements have put this group under the spotlight, and there is little appetite to start recruiting high salaried executives during 2012 if banks can avoid doing so.
Those executives who continue to bring in large sums of money will always be valued and coveted by the competitors, but where we are seeing some change is in the non-delivery focussed executives. But are those executives working at the coal face seeing these changes and are those working lower down within banking IT seeing any changes at executive level?
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