Suncorp profits push up hiring
Suncorp-Metway is in the money after recording $780m in net profits for the 2009/2010 financial year, and already the windfall appears to be translating into more jobs.
The Brisbane-based bank also recorded a jump in revenues to $15.7bn, and is hiring across various roles including risk, compliance and actuaries, according to a recruiter with knowledge of the bank who asked not to be named.
Overall, the Brisbane financial services jobs market is improving. "But there's a rush of jobs and then it slows," says Samantha Campbell, manager, banking and financial services Robert Walters, Brisbane.
The superannuation funds are leading the recruitment drive, according to Campbell, and are in the market for accountants, operations staff, risk and compliance specialists and auditors.
If employers can't find the right talent locally, they look to hire from Sydney and Melbourne. Campbell says enquires from job seekers based in the southern states have increased markedly over the last quarter.
"Candidates are moving to Brisbane from Sydney and Melbourne for lifestyle reasons and to escape crushing house prices," comments Jeremy Paterson, Alliance Recruitment state general manager in Queensland.
He says the Big Four banks and the insurers are expanding their operations slowly and this is translating into more jobs for back-office specialists, client support and tellers.
"However opportunities for more senior roles are in short supply," Paterson tells eFinancialCareers.com.au.