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Barry Bregman is a vice chairman of CTPartners with a particular on recruiting leaders in the Financial Services area. In this wide-ranging podcast interview, he discusses the current job market for Senior Financial Leadership, and where the opportunities are for the near future. |
Highlights
0:00 As 2010 begins, he sees a “healthy level of optimism”. Many clients are looking to fill Senior roles by the middle of the year and into 2011. Some of these changes will be associated with changes in CEOs, but also because the needs are different. Treasury, Internationalization and Taxation will be in demand.
2:20 Companies are moving from “survival mode” into planning for the future.
4:27 One of the bright spots in this sector will be “intervention” strategies like vaccines for flu, meningitis and even oncology.
3:07 Will this just be a re-hiring of people who’ve left during the crisis or a real change in what they’re looking for? Barry feels there will be a wide open talent hunt and a great opportunity for those looking to forge careers in Financial Services.
4:10 What are Companies and Boards looking for in these new leaders? Past emphasis on CPA and audit backgrounds will be replaced by those with more expansive financial experience and even operational experience.
5:25 The competition for these new leaders will be hot as private equity firms are also looking to find good leadership as they invest and try to monetize their portfolios.
7:40 If you’re a finance executive, looking to plan your career the advice is to think about getting as much operations experience as possible. More and more hiring executives are looking for , not just financial experts, but those who understand the whole business. International experience is a huge factor as well.