Finance jobs – Save Western OH http://savewesternoh.org/ Wed, 08 Jun 2022 09:03:16 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://savewesternoh.org/wp-content/uploads/2021/08/cropped-icon-32x32.png Finance jobs – Save Western OH http://savewesternoh.org/ 32 32 “Leveraged Finance Jobs Pulled Ahead of Q3 Layoffs” https://savewesternoh.org/leveraged-finance-jobs-pulled-ahead-of-q3-layoffs/ Tue, 07 Jun 2022 14:33:00 +0000 https://savewesternoh.org/leveraged-finance-jobs-pulled-ahead-of-q3-layoffs/ If you’re looking for a new job in investment banking in the second half of this year, you may need to search a little more than before. Headhunters and bankers who have taken the plunge say the job market is softening as earnings fail to come through. This is particularly noticeable in areas such as […]]]>

If you’re looking for a new job in investment banking in the second half of this year, you may need to search a little more than before. Headhunters and bankers who have taken the plunge say the job market is softening as earnings fail to come through.

This is particularly noticeable in areas such as equity capital markets and leveraged finance, where this year’s earnings were expected to be strong but fell short of expectations. Leveraged finance issuance in May 2022 was at its lowest level since the chaos of March 2020 as war, rising interest rates and widespread anxiety took their toll.

Speaking off the record, a US-based director in leveraged finance origination says he has seen jobs in the field being cut over the year. “I know a few banks had planned to add senior executives this year, but they pulled the roles. The market is quiet.”

2021 has been an epic year for European leveraged loan issuance, with $0.15 trillion in loans issued according to the S&P, more than double the amount in 2020. This year, the European market has grown withered under fear of rising borrowing costs. It doesn’t help that the banks are struggling to offload nearly $4 billion in debt associated with the $9 billion purchase of Morrisons Supermarkets at the end of 2021. It also doesn’t help that the European Central Bank (ECB) has imposed additional capital charges on banks like Deutsche over concerns that lending will deteriorate in a rising rate environment. In a note published today, Jim Reid Deutsche’s head of thematic research, predicts that the next recession will begin at the end of 2023 and after that “defaults will begin to rise again structurally, unlike the past two decades.” . In 2025, Reid predicts that US high-yield debt defaults will peak at 10% and the “ultra-low defaults” landscape will come to an abrupt end.

Some banks are going against the trend. Credit Suisse CEO Thomas Gottstein said in April that the bank would add talent in the leveraged finance, mergers and acquisitions and equity markets this year. David Miller, head of investment banking and capital markets at Credit Suisse, said today that the bank is “back” and highlighted its various activities in the US leveraged finance market this year, including the takeover of McAfee Corp, Apollo’s takeover of Novolex, and his leading a $3.35 billion buyout loan for software company CDK Global Inc.

While Credit Suisse may move ahead in the US, however, headhunters have confirmed that hiring activity is down for leveraged finance in Europe. “Only essential hires are approved,” one said. “Lower fees affect sentiment very strongly and it takes a strong argument to hire someone. They will make replacements, but preferably at lower cost.”

With staffing limited, the creative director said existing staff were forced to work harder to fill in the gaps. “If we are in a similar situation in September, jobs will be lost,” he said. The headhunter agreed: “It’s a prelude to the cuts in the third quarter.”

Click here to create an eFinancialCareers profile. Make yourself visible to recruiters who are hiring for the best jobs in technology and finance.

Have a confidential story, tip or comment you’d like to share? Contact: sbutcher@efinancialcareers.com first. WhatsApp/Signal/Telegram also available (Telegram: @SarahButcher)

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Thousands of finance jobs leave London for EU https://savewesternoh.org/thousands-of-finance-jobs-leave-london-for-eu/ Mon, 25 Apr 2022 04:18:32 +0000 https://savewesternoh.org/thousands-of-finance-jobs-leave-london-for-eu/ Following the UK’s departure from the European Union, many sources speculated that the move could trigger an exodus of finance jobs out of the country. Two years after the Brexit process was finalized, research suggests that thousands of roles have indeed left the City. In the extended fallout from the 2016 referendum result, it is […]]]>

Following the UK’s departure from the European Union, many sources speculated that the move could trigger an exodus of finance jobs out of the country. Two years after the Brexit process was finalized, research suggests that thousands of roles have indeed left the City.

In the extended fallout from the 2016 referendum result, it is predicted that increasing numbers of groups will begin to leave the UK in anticipation of a hard Brexit which will most likely be hostile to their needs. These included migrant workers, NHS staff, prospective students, graduates, manufacturers and many more. Thanks to their financial weight, however, the most important aspect of this “Brexodus” forecast was the financial services sector.

This included the UK government confirming to the Bank of England that some 5,000 jobs could leave the financial services sector alone. Two years after the Brexit climax, however, new research from EY has suggested that this forecast was actually an underestimate.

According to the firm Big Four, more than 7,000 jobs in finance have been transferred from London to the European Union following Brexit. And financial firms suggested to EY in 2016 that they could move 12,500 jobs to the mainland after the changes – far more than were left so far – EY added that more could follow .

In the latest edition of EY’s Brexit Tracker, Brexit-related hires across Europe stood at 2,900, compared to 2,500 in Britain, where just over a million people work in the sector financial services. In the coming months, the exodus could accelerate, as regulatory issues prompt more jobs to migrate overseas. The European Central Bank is expected to lobby EU Brexit hubs opened by banks that have used London as a European base – and check whether they have enough staff to justify their new licenses.

Omar Ali, Head of Financial Services for the EMEIA region at EY, said: “The movement of people and operations in European financial markets will continue as businesses navigate the current geopolitical uncertainty, post-pandemic dynamics and regulatory requirements.”

Currently, Dublin remains the most popular destination for staff relocations and new hubs. The Irish capital has emerged as the surprise favorite for financial institutions transferring resources from the UK, ahead of Luxembourg, Frankfurt and Paris. Meanwhile, the transfer of assets from London to EU hubs remains around £1.3 trillion.

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Brexit: Over 7,000 finance jobs left London for EU, says EY | Financial sector https://savewesternoh.org/brexit-over-7000-finance-jobs-left-london-for-eu-says-ey-financial-sector/ Tue, 29 Mar 2022 10:11:00 +0000 https://savewesternoh.org/brexit-over-7000-finance-jobs-left-london-for-eu-says-ey-financial-sector/ More than 7,000 finance jobs have moved from London to the EU as a result of Brexit, 400 less than the total expected in December, consultants EY said. While the total is well below the 12,500 job changes companies predicted in 2016 when Britain voted to leave the bloc, more could follow, EY said in […]]]>

More than 7,000 finance jobs have moved from London to the EU as a result of Brexit, 400 less than the total expected in December, consultants EY said.

While the total is well below the 12,500 job changes companies predicted in 2016 when Britain voted to leave the bloc, more could follow, EY said in its latest Brexit tracker.

EY said Brexit-related new local hires stood at 2,900 in Europe and 2,500 in Britain, where just over a million people work in the financial services sector.

Further relocations could result from European Central Bank checks into whether EU Brexit hubs opened by banks that used London as their European base had enough staff to justify their new licenses, EY said.

The Bank of England is reviewing them to prevent London banks from ending up with too few senior managers.

“The movement of personnel and operations in European financial markets will continue as companies navigate the current geopolitical uncertainty, post-pandemic dynamics and regulatory requirements,” said Omar Ali, Head of EMEIA Financial Services at EY.

Dublin is the most popular destination for staff relocations and new hubs, followed by Luxembourg, Frankfurt and Paris.

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EY said Paris scored highest in terms of attracting jobs from London, with a total of 2,800, followed by Frankfurt with around 1,800 and Dublin with 1,200.

The transfer of assets from London to EU hubs remains around £1.3bn, EY said. He added that Brexit-related staff movements were part of a broader view of strategic business drivers and operating models.

Bankers have privately said that in the longer term it might not make commercial sense to have big hubs in London and the EU.

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Over 7,000 finance jobs swapped in London for EU https://savewesternoh.org/over-7000-finance-jobs-swapped-in-london-for-eu/ Tue, 29 Mar 2022 07:00:00 +0000 https://savewesternoh.org/over-7000-finance-jobs-swapped-in-london-for-eu/ Brexit: Over a million people work in the UK financial services sector. Photo: Yann Tessier/Reuters More than 7,000 finance jobs have left London for the European Union because of Brexit, according to accountancy firm EY. The group’s Brexit Tracker has revised its projections for the number of Brexit-related staff relocations to the EU from 7,400 […]]]>

Brexit: Over a million people work in the UK financial services sector. Photo: Yann Tessier/Reuters

More than 7,000 finance jobs have left London for the European Union because of Brexit, according to accountancy firm EY.

The group’s Brexit Tracker has revised its projections for the number of Brexit-related staff relocations to the EU from 7,400 in December 2021 to just over 7,000, and is significantly below the peak of 12,500 announced in 2016. .

Most companies have made their decision on how to restructure their workforce before the end of the Brexit transition period in December 2020.

Further relocations could result from European Central Bank checks into whether EU Brexit hubs opened by banks that have used London as their European base have enough staff to justify their new licenses, EY said. .

Dublin is the most popular destination for staff relocations and new hubs, followed by Luxembourg, Frankfurt and Paris.

EY said Paris scored highest in attracting jobs from London with a total of 2,800, followed by Frankfurt with around 1,800 and Dublin with 1,200.

Read more: P&O Ferries tells UK government it won’t reverse layoff decision

Omar Ali, Head of Financial Services for the EMEIA region at EY, said: “The high number of potential job relocations reported in 2016 was consistent with the uncertainty surrounding the city’s ongoing relationship with Europe in the future. era.

“As companies gained clarity on what the post-Brexit landscape would look like, plans were consolidated and in some cases companies revised down the number of people they would need. to move.”

EY said Brexit-related new local hires totaled 2,900 in Europe and 2,500 in Britain, where just over a million people work in the financial services sector.

The transfer of asset management to EU jurisdictions is also declining. Since 2016, 24 companies have publicly said they will transfer just over £1.3bn ($1.7bn) of UK assets to the EU.

PwC has warned that 100,000 jobs in the financial sector could be lost if Britain votes Leave.

Watch: 10 ways to protect your finances against Brexit

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EY Brexit tracker reveals 7,000 finance jobs left London for EU https://savewesternoh.org/ey-brexit-tracker-reveals-7000-finance-jobs-left-london-for-eu/ Mon, 28 Mar 2022 07:00:00 +0000 https://savewesternoh.org/ey-brexit-tracker-reveals-7000-finance-jobs-left-london-for-eu/ A general view of London showing Tower Bridge, The Shard, London City Hall, The Fenchurch Building, also known as Walkie Talkie, The Tower Of London, St. Paul’s Cathedral, in London, Britain, March 23, 2022 Photo taken with a drone. REUTERS/Yann Tessier Join now for FREE unlimited access to Reuters.com Register LONDON, March 29 (Reuters) – […]]]>

A general view of London showing Tower Bridge, The Shard, London City Hall, The Fenchurch Building, also known as Walkie Talkie, The Tower Of London, St. Paul’s Cathedral, in London, Britain, March 23, 2022 Photo taken with a drone. REUTERS/Yann Tessier

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LONDON, March 29 (Reuters) – More than 7,000 finance jobs have moved from London to the European Union as a result of Brexit, 400 less than the total expected in December, consultants at Reuters said on Tuesday. EY.

While the total is well below the 12,500 job changes companies predicted in 2016 when Britain voted to leave the bloc, more could follow, EY said in its latest Brexit Tracker.

EY said Brexit-related new local hires totaled 2,900 in Europe and 2,500 in Britain, where just over a million people work in the financial services sector.

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Further relocations could result from European Central Bank checks into whether EU Brexit hubs opened by banks that have used London as their European base have enough staff to justify their new licenses, EY said. .

The Bank of England is reviewing them to prevent London banks from ending up with too few senior managers. Read more

“The movement of personnel and operations in European financial markets will continue as companies navigate the current geopolitical uncertainty, post-pandemic dynamics and regulatory requirements,” said Omar Ali, Head of EMEIA Financial Services at EY, in a statement.

Dublin is the most popular destination for staff relocations and new hubs, followed by Luxembourg, Frankfurt and Paris.

EY said Paris scored highest in attracting jobs from London with a total of 2,800, followed by Frankfurt with around 1,800 and Dublin with 1,200.

The transfer of assets from London to EU hubs remains at around 1.3 trillion pounds ($1.7 trillion), EY said, adding that Brexit staff movements are now part of a broader view of strategic business drivers and operating models.

Bankers have said privately that in the longer term it might not make commercial sense to have big hubs in London and the EU.

($1 = 0.7637 pounds)

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Reporting by Huw Jones; Editing by Alexander Smith

Our standards: The Thomson Reuters Trust Principles.

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10 accounting/finance jobs you can apply for https://savewesternoh.org/10-accounting-finance-jobs-you-can-apply-for/ Tue, 08 Mar 2022 15:33:28 +0000 https://savewesternoh.org/10-accounting-finance-jobs-you-can-apply-for/ There are great job opportunities in the field of accounting and finance. People with the right combination of experience and qualifications can apply for a variety of positions within recruiting companies. Candidates should be aware of the type of technology they need to know. In a highly competitive job market, such details can give someone […]]]>

There are great job opportunities in the field of accounting and finance.

People with the right combination of experience and qualifications can apply for a variety of positions within recruiting companies.

Candidates should be aware of the type of technology they need to know. In a highly competitive job market, such details can give someone the edge when applying.

Check out these 10 accounting/finance jobs now posted on www.caribbeanjobs.com.

Digicel: Internal Auditor – Group Finance

Accounts Payable Assistant

Agostini’s: Credit Control Assistant (ABS)

Senior Internal Auditor

CARIRI (Caribbean Institute for Industrial Research): Innovation Coordinator

Movie Towne: accounting assistant

Grant Thornton ORBIT Solutions Ltd: Head of Insurance

Audit

NH International (Caribbean) Limited: Chief Financial Officer

Aegis Business Solutions Limited: Associate Accountant I

Tips from Caribbeanjobs.com contributor Garth Francis MBA:

Are you comfortable working from home?

Does the idea of ​​returning to the office full-time appeal to you?

Is it possible to set up/maintain a rotation system?

HR professionals are looking at the current climate and the changes happening with the COVID-19 situation.

Feedback and suggestions from employees at all levels can play a vital role as companies try to adapt.

Cooperate and coordinate with HR wherever possible and play a constructive role in managing change.

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The number of women in C-Suite Finance jobs is growing – but the view from below is less rosy https://savewesternoh.org/the-number-of-women-in-c-suite-finance-jobs-is-growing-but-the-view-from-below-is-less-rosy/ Tue, 08 Mar 2022 12:40:42 +0000 https://savewesternoh.org/the-number-of-women-in-c-suite-finance-jobs-is-growing-but-the-view-from-below-is-less-rosy/ The job prospects for women in finance over the next decade look promising to some, but far more uncertain to others. The share of women in leadership positions in the North American financial services industry is expected to increase from 21.1% to 28.3% from 2021 to 2030, according to a new Deloitte report that studied […]]]>

The job prospects for women in finance over the next decade look promising to some, but far more uncertain to others.

The share of women in leadership positions in the North American financial services industry is expected to increase from 21.1% to 28.3% from 2021 to 2030, according to a new Deloitte report that studied the percentage of women in various categories employment in the industry from 1998 to 2021. However, the figures for categories below the C-suite level are less encouraging: the percentage of women in leadership positions (c. generation” (i.e. all the others) could see a decline of 90 basis points.

Patty Danielecki, senior director and chief of staff at the Deloitte Center for Financial Services, said II that recent declines in non-C-suite levels stem from the fact that during the pandemic, fewer women chose to pursue careers in finance. “Now is the time to act,” she said, “because what we do now will influence what happens in the next decade.”

The lack of gender equity is particularly pronounced in the alternatives industry. According to the latest Preqin report, only 13% of leadership positions in alternative investing are held by women. This compares to 24% of such positions in the entire financial services industry.

In private equity firms, women make up one-fifth of the total workforce but only make up 14% of management positions. Similarly, only 10% of hedge fund portfolio managers and 19% of real estate fund managers are women, according to the Preqin report.

“Until women are better represented at the highest levels of the alternatives industry, progress will be slow,” said Jaclyn Bouchard, head of ESG solutions and corporate responsibility at Preqin. In fact, in the asset management industry as a whole, women are more likely than their male colleagues to leave their employer. According to the Citywire Alpha Female Report 2021, the turnover rate for female fund managers is 44%, compared to 31% for males.

Progress in gender equity also varies from region to region. For example, while the proportion of women employed in private equity firms has increased over the past three years in North America, Europe and Asia, the same figure has decreased by 60 basis points between 2020 and 2021. in other parts of the world, according to Préquin.

In Oceania, women are expected to hold 34% of leadership positions in the financial services sector by 2030, up from 25.2% in 2021, according to Deloitte. Elsewhere, progress is likely to be more muted: in Asia and Africa, the share of C-suite women will remain largely the same, while in South America the number is expected to fall from 11.6% to 7.7% .

“These geographic differences must be considered in the context of the economic, socio-cultural and regulatory environment,” said Orsolya Gal, senior investment analyst at BNP Paribas Asset Management. She added that larger-cap companies, which have a greater presence in developed regions, “tend to integrate diversity issues more easily than smaller companies.”

There are many strategies designed to increase the percentage of women in the financial services industry, including implementing comprehensive diversity, equity and inclusion programs. But DEI programs alone “will not be effective in attracting more women into leadership positions until they are tied to higher pay,” said Sloan Klein, career coach for industry executives. investment management and financial services.

Bouchard agrees, but says companies also need to incorporate other strategies, such as “casting a wider net when recruiting women into junior roles, developing metrics to track progress, and adding diversity metrics.” of gender in due diligence procedures”.

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A quick fix for women looking for a job in finance https://savewesternoh.org/a-quick-fix-for-women-looking-for-a-job-in-finance/ Tue, 15 Feb 2022 18:46:00 +0000 https://savewesternoh.org/a-quick-fix-for-women-looking-for-a-job-in-finance/ If you are a woman applying for a job in banking and financial services, this should theoretically be your time. As we noted yesterday, most banks are making significant efforts to hire more women to meet ambitious diversity goals. In some banks (eg Lazard), it seems that more than 75% of people hired over the […]]]>

If you are a woman applying for a job in banking and financial services, this should theoretically be your time. As we noted yesterday, most banks are making significant efforts to hire more women to meet ambitious diversity goals. In some banks (eg Lazard), it seems that more than 75% of people hired over the next few years must be women if the objectives are to be achieved.

But what if women don’t play the game? As banks work hard to improve their diversity numbers, there are signs that women’s reluctance to apply for jobs could be holding them back.

Figures from eFinancialCareers show that women who search for jobs on this site apply for almost 20% less than men. Year-to-date, in 2022, men applied for 41% of the jobs they viewed; women only applied for 35%.

Since men also view more than twice as many jobs on eFinancialCareers as women, the gap in application rates has a significant impact. If women want more jobs in finance, that implies they might deliberate less and apply more.

Kate Grussing, former head of EMEA strategy at JPMorgan who now acts as a mentor and headhunter for women in finance, says women tend to be more discerning when choosing jobs to apply for. “Women are more loyal to their current employers and tend to think they will only apply if they are 100% sure of what they are looking for. They don’t want to disrupt their current situation unless it is the good role.”

The implication is that if women want to become more prominent in the financial services job market, they need to be less hesitant to put themselves forward. However, Grussing says employers may also see women’s reluctance as a plus. “The good news is that if you’re a hiring manager and a woman has applied, she’s much more likely to be serious,” Grussing says. “Men are more likely to throw their hats in the ring for all sorts of roles.”

Contact: sbutcher@efinancialcareers.com first. WhatsApp/Signal/Telegram also available (Telegram: @SarahButcher)

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Ministry of Finance Jobs 2022 Eligibility Salary Application Process for 590 Assistant Accounting Officers Group B Vacancies https://savewesternoh.org/ministry-of-finance-jobs-2022-eligibility-salary-application-process-for-590-assistant-accounting-officers-group-b-vacancies/ Mon, 14 Feb 2022 08:00:00 +0000 https://savewesternoh.org/ministry-of-finance-jobs-2022-eligibility-salary-application-process-for-590-assistant-accounting-officers-group-b-vacancies/ Ministry of Finance 2022 Registration opens for 590 Group B assistant accountant positions. Check eligibility criteria, age limit, salary scale, vacancies details, deputies period. Created on: Feb 14, 2022 09:31 ISTModified on: February 14, 2022 09:31 IST Ministry of Finance 2022 Eligibility, Salary, Application Process for 590 Group B Assistant Accounting Officer Vacancies Assistant Accounting […]]]>

Ministry of Finance 2022 Registration opens for 590 Group B assistant accountant positions. Check eligibility criteria, age limit, salary scale, vacancies details, deputies period.

Created on: Feb 14, 2022 09:31 IST
Modified on: February 14, 2022 09:31 IST

Ministry of Finance 2022 Eligibility, Salary, Application Process for 590 Group B Assistant Accounting Officer Vacancies

Assistant Accounting Officers of the Ministry of Finance 2022: The Ministry of Finance is calling for applications from eligible officers to fill the positions of Assistant Accounting Officers at various stations on a deputation basis within the CCAS organization under O/o Comptroller General of Accounts. A total of 590 Assistant Accounting Officer positions (Gazetted Group ‘B’, Pay Grade – 08/09 in pay matrix as per 7and CPC) will be filled in various ministries/departments. Eligible officers can complete the application within 45 days of posting the advertisement for Assistant Accounting Officers at the Ministry of Finance. In this article, we have shared Ministry of Finance Assistant Accounting Officer Vacancies 2022, Eligibility Criteria, Age Limit, Upper Age Limit Relaxation, Degrees, Salary and How to apply.

Department of Finance Assistant Accounting Officers 2022 Important Dates

Ministry of Finance Assistant Accounting Officers 2022

Important appointments

Notice publication date

January 22-28, 2022

Deadline for online registration of application and payment of fees

Within 45 days of release date

Vacancies for Assistant Accounting Officers in Ministry of Finance 2022

Station

Number of vacant rooms

Station

Number of vacant rooms

Agartala

1

Kanchipuram

1

Agra

3

Kanpur

1

Ahmedabad

2

Karnal

2

Allahabad

1

Kavarati

2

Amini

1

Kimin (Guwahati)

1

Androth

1

Kohima

1

Belgium

1

Kolkata

6

bangalore

8

krishanagar

1

Berhampur (Orissa)

1

Leh

1

Bhavnagar

1

Lucknow

3

Bhubaneswar

2

Ludhiana

2

Bhuj

1

Madurai

1

Bikaner

1

Mangalore

2

bodh gaya

1

meerut

2

Buniyadpur

1

Bombay

41

Calicut

3

Mysore

2

Bay of Campel

1

Nagpur

1

Chandīgarh

4

Nashik

2

Chennai

47

Noida

4

Cochin

4

Patna

4

Coimbatore

2

Patiala

1

Dehradun

1

Port Blair

1

delhi

291

Pondicherry

4

Dewas

1

Pune

6

Dhanbad

1

Raipur

1

Dibrugarh

2

Ranchi

1

Farakka

8

Rohtak

1

Faridabad

2

Salem

1

Gandhinagar

1

sambhalpur

1

Gangtok

2

Shillong

22

Ghaziabad

1

shimla

2

Goa

2

Silchar

5

Guwahati

8

Silvasa

1

Gwalior

1

Surah

1

Haridwar

1

Surathakal (Bengal)

1

Hubli

1

Tezpur

1

hut bay

1

Thiruvananthapuram

2

Hyderabad

7

Thiruvarur

1

Imphal

1

Tiruneveli

1

Itanagar

1

Tirupati

3

Jaipur

6

Cheated

3

Jalandhar

3

Tuticorin

2

Jammu

9

Vadodar

2

Jamshedpur

1

Varanasi

1

Jodhpur

1

Vijayawada

2

Kamorta

1

face

1

Karaikal (Poducherry)

1

Total vacancies

590

Ministry of Finance Assistant Accounting Officers 2022 Eligibility, Age Limit, Degrees

Job name

Assistant account manager

Job classification

General Central Services Group ‘B’

Level of remuneration in remuneration

Level – 08/09 in the compensation matrix according to 7and CPC

Display location

Refer to the Stations mentioned in Appendix IV

Eligibility

(i) Hold a position similar to AAO or equivalent at level -08 and level -09 at the end of four years at level -08 on a regular basis.

(ii) AAO (Civil)/SAS or equivalent examination passed civil servants. Successful SAS exam candidates awaiting promotion may also apply.

Upper age limit

The maximum age limit for appointment by delegation must not exceed 56 years on the deadline for receipt of applications.

Deputation period

The initial period of deputation will be 3 years and may be extended or shortened.

REMARK:

(i) The term of office will initially be 3 years and may be extended or shortened as required by the utilities. Ministerial officers in the relief category who are in the direct line of promotion are not eligible for appointment by delegation. Similarly, Members of Parliament cannot be considered for appointment by promotion.

Department of Finance Assistant Accounting Officers 2022 How to Apply

Interested and eligible agents can send their applications in the form attached (annex-II) in the job offer with the authorization of executive, the authorization of vigilance and the certificate of integrity.

A certificate in the form of Annex-III from the Framework Review Authority together with certified copies of Annual Performance Appraisal Reports (APARs) for the past 5 years can be sent through the appropriate channel within 45 days from posting of vacancy to Chief Accounts Officer (HR-3), O/o Controller General of Accounts, Department of Expenditure, Ministry of Finance, Room No 210, 2nd Floor, Mahalekha Niyantrak Bhawan, Block E, GPO Complex, INA, Delhi – 110023 by Post or Email ID: groupbsec-cga@gov.in

2022 Notification of Deputy Accounting Officers of Ministry of Finance PDF

Jagran game

More information

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‘Crypto Winter’ threatens to chill hot zone for finance jobs https://savewesternoh.org/crypto-winter-threatens-to-chill-hot-zone-for-finance-jobs/ Sun, 06 Feb 2022 08:00:00 +0000 https://savewesternoh.org/crypto-winter-threatens-to-chill-hot-zone-for-finance-jobs/ (Bloomberg) — The surge in cryptocurrencies last year has had a very positive effect in the real world: a job boom at startups and other companies trying to get in on the action. Now that many tokens have crashed by as much as 50% or more in a matter of months, companies in the industry […]]]>

The surge in cryptocurrencies last year has had a very positive effect in the real world: a job boom at startups and other companies trying to get in on the action.

Now that many tokens have crashed by as much as 50% or more in a matter of months, companies in the industry are much more cautious in their plans, according to Hany Rashwan, co-founder and managing director of exchange provider 21Shares – traded products that invest in cryptocurrencies. Still, Rashwan says his company, which manages about $2.5 billion in assets, is firmly sticking to its hiring plans.

Rashwan joined the “What Goes Up” podcast to talk about the effects of the so-called “crypto winter” and how 21Shares was able to grow rapidly in just three years. Below are the condensed and slightly edited highlights of the conversation. Click here to listen to the entire show and subscribe to Apple Podcasts or wherever you listen.

Q: You had very ambitious hiring plans. And obviously, that’s the story you’ve heard everywhere, companies are really growing and a lot of venture capital is coming. What do you think is the mood in the industry after this ugly crypto selloff? Does it make you question your plans?

A: Of course, that changes the scene. People are more cautious. Suddenly, the companies that more casually sponsored $1 million for conferences, mostly crypto insiders, are probably rethinking some of them; companies that were not on solid ground. Well, now we see who is swimming without a bathing suit.

Now, lots of sun is the best disinfectant here. And so that makes everyone more cautious, which is probably why the data shows that downturns are better times to build businesses. All is not well. You have to make sacrifices. You have to think about this or that, which is a new paradigm shift for our industry. But you are honest with yourself. You are intellectually honest with yourself. You saw it coming, if you pay attention. You’ve seen this coming if you’re into crypto for sure because we normally do and will continue to do so for some time. You prepare for it.

So we still have all these hiring plans. We have 40 or 50 positions open. We are 125 people now, compared to around twenty about a year ago. But we’ve been a smart squirrel during the bull market and really stockpiled to make sure we’re not only safe now, but can be opportunistic. We were extremely profitable, we remain quite profitable. But the extra attention to detail is something I definitely miss during bull markets where everyone is a genius. And I wish the prices were higher – I still do, but I know they will be higher in a year.

Q: Tell us about 21Shares and your biggest products.

A: I grew up in America, as did my co-founder. And so the fact that we built the company in Switzerland was very much on purpose. What we were just looking to do in the beginning was to put crypto into a safe, accessible, known package or wrapper. For many people, buying ETFs is easier; for some people, buying ETFs is necessary. And we didn’t find any of these products there. There were many reasons why not, but we traveled the world. We spoke to 27 different jurisdictions, different regulators around the world, before settling on Switzerland, and then using Switzerland as a base from which to expand.

The first product we launched was actually a bit of a complicated product. We first listed what was the world’s first and only index fund. And so it was an index of the top five cryptos that were 75%, 80% of the market with one stock. And it was the first time anything in the world was listed on an exchange that was physically backed. These are physically backed commodity ETPs, and we put crypto in them.

Right now we have maybe about $2.5 billion spread over about 25 products in total. We will double or even triple the product line this year. We cover everything from unique assets like the most popular, Bitcoin, Ethereum, to some more esoteric and younger ones like Polkadot, or Chainlink or Solana, or Binance Coin. We also have a bunch of indices if you want to buy thematic baskets, and we also have the only short Bitcoin in ETP format.

Q: Do you see any interest from institutions to get into DeFi (decentralized finance)? What would it take to get them involved?

A: The institutions are not there. They’re on their way, but everyone’s on their way to something. I think they still need a lot, especially if it’s big pension funds and big insurance companies and so on. The good thing is that they’re looking at falling bond yields, interest rate issues, absolutely low, sometimes negative yields — like in Switzerland, it’s minus 75 basis points, that’s what the bank charges you against your balance — and they’re seeing all this and they have to do something about it.

So those are actually some of the best conversations we’ve had, but those are the conversations we’ve had that we know will take another two, three, four, maybe five years to come to fruition. And that’s fine – you keep investing in it. But I think it will be a while before that really tips the scales, which is what makes it such a unique asset class, because I’m pretty sure most asset classes are from first adopted by the institutions.

Q: Tell us about Amun (a token provider that Rashwan runs alongside 21Shares co-founder Ophelia Snyder) and what index tokens are.

A: It’s all about the end consumer, when you think about it. If our mission is to make crypto more accessible, and what we see ourselves doing is just building bridges in the world of crypto, if you want to push that analogy to the limit, then there are different vehicles for different people on this bridge. And that’s how we see tokens overall, just conceptually is that for some people the product that makes the most sense is an ETF. My mother, for example, fund manager, for example. But for some people, and it could either be a mix of maybe someone who’s more technically savvy and more advanced in crypto, maybe they’re in a geography where in a foreseeable future, A) we will not be listed locally on a local stock exchange, and B) they will not have access to the markets in which we are located.

Most people in the world do not have access to the US stock system. And that in itself is the biggest, not to mention the German stock market or the French stock market. And so we want to have a product, whether you’re in Guatemala or Germany, and we want to continue to have that. And there are indexes that I can give you in an ETP format, but if you want to do thematic allocation in, say, the metaverse, or DeFi, or whatever, and you want it for a reason whatever like a Solana token or an Ethereum token, we should have that product, it should also have our name on it.

That’s the basic summary of why we make tokens and how we think it’s about greater accessibility. You touch on some very interesting things, though, in terms of what kind of products you can put on tokens because it turns out when you start doing that then you’ll see there’s a lot of things I can impossible to do with ETFs and a few others the other way around, but most tokens are better in many technological ways.

These are just the highlights. Click here to listen to the full podcast.

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