overview financial services sector msc 2014 final
TRANSCRIPT
8/11/2019 Overview Financial Services Sector MSc 2014 Final
http://slidepdf.com/reader/full/overview-financial-services-sector-msc-2014-final 1/26
9/17/2014
1
© Copyright 2014, Structure Talent Ltd., All Rights Reserved
September 2014
Corjanne van Drimmelen
The Financial Services Sector
© Copyright 2014, Structure Talent Ltd., All Rights Reserved
Introduction
• Part of people’s process,
to achieve their potential
• Help to find their talent
• Coaching, team coaching
and facilitation
8/11/2019 Overview Financial Services Sector MSc 2014 Final
http://slidepdf.com/reader/full/overview-financial-services-sector-msc-2014-final 2/26
9/17/2014
2
© Copyright 2014, Structure Talent Ltd., All Rights Reserved
Play by Amy and a “Banker”
© Copyright 2014, Structure Talent Ltd., All Rights Reserved
Graduates must ensure they really do their research and
target their applications.
8/11/2019 Overview Financial Services Sector MSc 2014 Final
http://slidepdf.com/reader/full/overview-financial-services-sector-msc-2014-final 3/26
9/17/2014
3
© Copyright 2014, Structure Talent Ltd., All Rights Reserved
Why this presentation
• 1. To help you understand the importance of what you want to
do rather than where do I want to work – the importance of what
role
• 2. To give you an overview to help you understand the great
number of business units within large financial institutions. You
will see that there are many roles within each financial institution
and that is why is it so important to communicate what it is you
would like to do.
• To prepare questions for career fair.
• Google example.
• Research:
http://www.cisi.org/bookmark/genericform.aspx?form=29848780
&URL=index
© Copyright 2014, Structure Talent Ltd., All Rights Reserved
Agenda
Overview of Financial Services
Functions of the sectors
Players in each sector
Coffee break (approx 10:15)
Career Fair Preparation
Recruitment Process and Trends
Framework to identify Career Sweet Spot
8/11/2019 Overview Financial Services Sector MSc 2014 Final
http://slidepdf.com/reader/full/overview-financial-services-sector-msc-2014-final 4/26
9/17/2014
4
© Copyright 2014, Structure Talent Ltd., All Rights Reserved
What I am good at
What I am interested in
What the career
market will pay for
Career Sweet Spot
What I am interested
in/like to talk about/read
about
Think: school work, project
work, topics, sport
Do: discuss with person next to
you
8/11/2019 Overview Financial Services Sector MSc 2014 Final
http://slidepdf.com/reader/full/overview-financial-services-sector-msc-2014-final 5/26
9/17/2014
5
© Copyright 2014, Structure Talent Ltd., All Rights Reserved
© Copyright 2014, Structure Talent Ltd., All Rights Reserved
System !"#$%& (")*)%$
+)!"#$%& (")*)%$
8/11/2019 Overview Financial Services Sector MSc 2014 Final
http://slidepdf.com/reader/full/overview-financial-services-sector-msc-2014-final 6/26
9/17/2014
6
© Copyright 2014, Structure Talent Ltd., All Rights Reserved
CorporatesFinancial
InstitutionsProfessional
ServicesData
ProvidersConsultancy
Rating Agencies
Careers in Finance
Commercial
Bank
Investment
BankRetail Bank
Insurance
Companies
Investment
CompaniesReal Estate Brokerage
PublicSector
© Copyright 2014, Structure Talent Ltd., All Rights Reserved
Financial institutions are those organisations, thatare involved in providing various types of financial services
to their customers.
8/11/2019 Overview Financial Services Sector MSc 2014 Final
http://slidepdf.com/reader/full/overview-financial-services-sector-msc-2014-final 7/26
9/17/2014
7
© Copyright 2014, Structure Talent Ltd., All Rights Reserved
Financial Institutions Type
1. Commercial Bank
2. Investment Bank
3. Retail Bank
4. Insurance Companies
5. Investment Companies
6. Real Estate
7. Brokerage
8. Public Sector
© Copyright 2014, Structure Talent Ltd., All Rights Reserved
Commercial Bank
products
Loans /Credit
Products
Treasury andCash
Management
EquipmentLending
CommercialReal Estate
TradeFinance
Commercial Bank
8/11/2019 Overview Financial Services Sector MSc 2014 Final
http://slidepdf.com/reader/full/overview-financial-services-sector-msc-2014-final 8/26
9/17/2014
8
© Copyright 2014, Structure Talent Ltd., All Rights Reserved
© Copyright 2014, Structure Talent Ltd., All Rights Reserved
Video
8/11/2019 Overview Financial Services Sector MSc 2014 Final
http://slidepdf.com/reader/full/overview-financial-services-sector-msc-2014-final 9/26
9/17/2014
9
© Copyright 2014, Structure Talent Ltd., All Rights Reserved
Investment BankSales, Trading &
Research
FinanceHumanCapital
InvestmentBanking Division
RiskManagement Technology
InvestmentManagement
Legal &Compliance Operations
© Copyright 2014, Structure Talent Ltd., All Rights Reserved
Investment Banking
InvestmentBanks
BoutiqueBanks
BrokersProfessional
Services
8/11/2019 Overview Financial Services Sector MSc 2014 Final
http://slidepdf.com/reader/full/overview-financial-services-sector-msc-2014-final 10/26
9/17/2014
10
© Copyright 2014, Structure Talent Ltd., All Rights Reserved
© Copyright 2014, Structure Talent Ltd., All Rights Reserved
Retail Bank
Student Loans
Mobile banking
On-line bankingCreditCards
Insurance
Mortgages
8/11/2019 Overview Financial Services Sector MSc 2014 Final
http://slidepdf.com/reader/full/overview-financial-services-sector-msc-2014-final 11/26
9/17/2014
11
© Copyright 2014, Structure Talent Ltd., All Rights Reserved
Independent BanksRetail Group owned
BanksForeign owned Retail
Banks
© Copyright 2014, Structure Talent Ltd., All Rights Reserved
Think: project, assignments, study work or professional
experiences
Do: discuss with person next to you
What are you good at/
enjoy doing?
8/11/2019 Overview Financial Services Sector MSc 2014 Final
http://slidepdf.com/reader/full/overview-financial-services-sector-msc-2014-final 12/26
9/17/2014
12
© Copyright 2014, Structure Talent Ltd., All Rights Reserved
© Copyright 2014, Structure Talent Ltd., All Rights Reserved
Insurance
8/11/2019 Overview Financial Services Sector MSc 2014 Final
http://slidepdf.com/reader/full/overview-financial-services-sector-msc-2014-final 13/26
9/17/2014
13
© Copyright 2014, Structure Talent Ltd., All Rights Reserved
Insurance
Insurance FirmsRe-Insurance
FirmsInsuranceBrokers
Lloyds Market
© Copyright 2014, Structure Talent Ltd., All Rights Reserved
Investment Management Asset
Management
• Focus onrelativereturns
WealthManagement
• Focusinvestment-advisory
incorporatingfinancialplanning,investmentand portfoliomanagement
Hedge Funds
• Focus onabsolutereturns
Private Equity
• Focus onmajority /controling
stake ininvestments
Investment Management
8/11/2019 Overview Financial Services Sector MSc 2014 Final
http://slidepdf.com/reader/full/overview-financial-services-sector-msc-2014-final 14/26
9/17/2014
14
© Copyright 2014, Structure Talent Ltd., All Rights Reserved
Investment Management
AssetManagement
WealthManagement
Hedge Funds Private Equity
© Copyright 2014, Structure Talent Ltd., All Rights Reserved
Real Estate
8/11/2019 Overview Financial Services Sector MSc 2014 Final
http://slidepdf.com/reader/full/overview-financial-services-sector-msc-2014-final 15/26
8/11/2019 Overview Financial Services Sector MSc 2014 Final
http://slidepdf.com/reader/full/overview-financial-services-sector-msc-2014-final 16/26
9/17/2014
16
© Copyright 2014, Structure Talent Ltd., All Rights Reserved
Brokerage
TraditionalExecution/
QuantResearch Service
Disintermediators
© Copyright 2014, Structure Talent Ltd., All Rights Reserved
Central Banks
Development Banks
Finance Ministries
Regulators
Sovereign Wealth Funds
8/11/2019 Overview Financial Services Sector MSc 2014 Final
http://slidepdf.com/reader/full/overview-financial-services-sector-msc-2014-final 17/26
9/17/2014
17
© Copyright 2014, Structure Talent Ltd., All Rights Reserved
CorporatesFinancial
InstitutionsProfessional
ServicesData
ProvidersConsultancy
Rating Agencies
Careers in Finance
Commercial
Bank
Investment
BankRetail Bank
Insurance
Companies
Investment
CompaniesReal Estate Brokerage
PublicSector
© Copyright 2014, Structure Talent Ltd., All Rights Reserved
• In-house M&A
• Management Reporting
• Investor Relations
CorporateStrategy/Development
• Budgeting & Forecasting
• Capital Structuring
• Fund Raising
Corporate Treasury
• Portfolio Management
• Investment ConsultingInvestments
Supply & Trading • Sales & Trading
• Investment Consulting
8/11/2019 Overview Financial Services Sector MSc 2014 Final
http://slidepdf.com/reader/full/overview-financial-services-sector-msc-2014-final 18/26
9/17/2014
18
© Copyright 2014, Structure Talent Ltd., All Rights Reserved
• Negotiating and monitoring the funding policy
• Advising on financial relationships
• Management of assets
• Insurance
• Public Private Partnership• Risk Management
© Copyright 2014, Structure Talent Ltd., All Rights Reserved
Investment ManagementRating
Agencies
• RatingServices
• Index BasedConcepts
• PerformanceTracking
Data Providers
• News
• Financial
Products• Markets
• Research & Analytics
ProfessionalServices
• Accounting
• Corporate
Law• Tax
Consultancies
• ManagementConsultancy
• ProductSpecialist
Other Players offering Careers in Finance
8/11/2019 Overview Financial Services Sector MSc 2014 Final
http://slidepdf.com/reader/full/overview-financial-services-sector-msc-2014-final 19/26
9/17/2014
19
© Copyright 2014, Structure Talent Ltd., All Rights Reserved
Recruitment and Preparation
© Copyright 2014, Structure Talent Ltd., All Rights Reserved
,-.# /-*01
,-.# )$&2-#31
,-.# 4"5*62-#37$#8"&1
8/11/2019 Overview Financial Services Sector MSc 2014 Final
http://slidepdf.com/reader/full/overview-financial-services-sector-msc-2014-final 20/26
9/17/2014
20
© Copyright 2014, Structure Talent Ltd., All Rights Reserved
Prepare for the Career Fair
1. Create a one-minute or less commercial also known as an
elevator pitch
2. Introduce yourself while promoting your interests and skills to an
employer
3. Connect your background to the organization’s need
4. Always end with a question as this is meant to be a dialogue NOT
a monologue
© Copyright 2014, Structure Talent Ltd., All Rights Reserved
•Team up with 3
•Discuss questions that you can ask
representatives at the Career Fair
•Choose the best question
9:$#%"5$
8/11/2019 Overview Financial Services Sector MSc 2014 Final
http://slidepdf.com/reader/full/overview-financial-services-sector-msc-2014-final 21/26
9/17/2014
21
© Copyright 2014, Structure Talent Ltd., All Rights Reserved
Recruitment Process
Decide what youwant and FOCUS
ApplicationContinue to
network
Interview Assessment
Centre
Attendworkshops/events
& Network
© Copyright 2014, Structure Talent Ltd., All Rights Reserved
• Investment Banking
• Some Investment Management
Autumn
• Accounting Firms – [some recruit on rollingbasis]
• Investment Management• Private Equity
• Hedge FundsSpring
• Finance roles in Industry
• Small Speciality Finance Institutions
All year
Application Timeline Guidelines
8/11/2019 Overview Financial Services Sector MSc 2014 Final
http://slidepdf.com/reader/full/overview-financial-services-sector-msc-2014-final 22/26
9/17/2014
22
© Copyright 2014, Structure Talent Ltd., All Rights Reserved
Preparation applications
© Copyright 2014, Structure Talent Ltd., All Rights Reserved
Graduate Recruitment 2014
Sector Changes in
Vacancies 2014
Applications/Vac Median Salary
Accounting & Prof.Services
23.8% 21.3 (25.2) £29,500
Banking & Finance 11.7% 62.7 (71.4) £30,000
Consulting 27.2% 26.2 (27.6) £31,500
Consumer Goods 1.4% 186.3(162.0) £29,000
Engineering & Industrial 15.5% 53.7 (46.9) £26,500
Investment Banking 2.5% 38.4 (40.4) £45,000
IT & Telecommunications 11.6% 32.5 (34.4) £30,000
Media 28.0% 86.6 (124.4) £22,500
Oil & Energy 8.5% 97.8 (84.1) £32.500
Public Sector 9.2% 58.8 (68.7) £25,000
Retailing 7.4% 58.8 (68.7) £25,000
*Source: High Fliers Research Ltd.
8/11/2019 Overview Financial Services Sector MSc 2014 Final
http://slidepdf.com/reader/full/overview-financial-services-sector-msc-2014-final 23/26
9/17/2014
23
© Copyright 2014, Structure Talent Ltd., All Rights Reserved
Up
• Networking basedpractises
• Referrals
• Social Media
Down
• Printed adverts• Blog
© Copyright 2014, Structure Talent Ltd., All Rights Reserved
Connecting with potential employers
8/11/2019 Overview Financial Services Sector MSc 2014 Final
http://slidepdf.com/reader/full/overview-financial-services-sector-msc-2014-final 24/26
9/17/2014
24
© Copyright 2014, Structure Talent Ltd., All Rights Reserved
Internet Reality Check
93%of recruiters
are likely to lookat a candidate’s
social profile.** Source: 2013 Social Recruiting Survey Results by Jobvite
© Copyright 2014, Structure Talent Ltd., All Rights Reserved
Internet Reality Check
42%reconsidered a candidate
based on content viewed
a social profile.*
8/11/2019 Overview Financial Services Sector MSc 2014 Final
http://slidepdf.com/reader/full/overview-financial-services-sector-msc-2014-final 25/26
9/17/2014
25
© Copyright 2014, Structure Talent Ltd., All Rights Reserved
Your turn:
Team up with person next to you:
Discuss the most important “take away”from today?
© Copyright 2014, Structure Talent Ltd., All Rights Reserved
Reading and reference
8/11/2019 Overview Financial Services Sector MSc 2014 Final
http://slidepdf.com/reader/full/overview-financial-services-sector-msc-2014-final 26/26
9/17/2014
© Copyright 2014, Structure Talent Ltd., All Rights Reserved