Led by banks that are repaying TARP funds, banks including Chase, Wachovia, PNC, Citi, HSBC, Fifth Third, Wells Fargo, Bank of America, and National City are the top Finance hiring firms in October. Many of these banks are expanding regionally, such as JPMorgan Chase.

Consulting firms including Deloitte, IBM, CSC, and KPMG are staffing to support financial institution and process improvement practices, as they are landing significant projects to help clients build profitability improving technology. Some of these positions are straight finance, while others are profitability consulting (supply chain, for example), and others are finance/technology hybrid roles.

Financial advisors including Edward Jones, Morgan Stanley, Scotttrade, Merrill Lynch, New York Life, AXA, and VALIC are building. While Wall Street may still be hurting from last year’s financial meltdown, Financial advisory firms on Main Street still have an increasing needs for client facing employees as Baby Boomers continue retirement. In addition, as layoffs occur, workers need to roll over employer-managed 401-Ks into IRAs.

Top Finance Hiring Organizations – October 2009

1. JPMorgan Chase
2. Deloitte
3. Edward Jones
4. Wachovia Corporation
5. PNC Financial
6. IBM
7. Citi
8. HSBC
9. Fifth Third Bank
10. Wells Fargo
11. Morgan Stanley Smith Barney
12. Bank of America
13. Computer Sciences Corporation (CSC)
14. UnitedHealth Group
15. National City
16. Scottrade
17. Merrill Lynch
18. New York Life
19. Security Finance Corporation
20. AXA Advisors
21. Farmers Insurance
22. VALIC
23. Country Financial
24. KPMG LLP

Sources: CareerBuilder, Monster, Indeed, SimplyHired. Excluded: Recruiters & Staffing firms.

Readers – If you know of employers announcing significant hiring plans, or employers actively adding large numbers of employees, please comment below to add to this list.

Trackback: http://recareered.blogspot.com/2009/10/whos-hiring-in-finance-october-2009.html

Phil Rosenberg is President of reCareered and runs Career Change Central, recently named one of Linkedin’s top groups that job seekers must join. An active blogger about career transition, Phil’s articles have been republished by Business Week, The Wall Street Journal, CIO, FastCompany and dozens of job/recruiting sites.

Article Source:http://www.articlesbase.com/careers-articles/recareered-whos-hiring-in-finance-october-2009-1378621.html

Post from: Best Jobs For The Future

reCareered: Who’s Hiring in Finance – October 2009

Possibilities: Career change is a very critical phase in anyone’s career and hence it is imperative that one considers all possibilities and consequences of the same. Researching all such possibilities would be a good practice before making the switch. This research can be done online, by talking to your network and also by reading job profiles and news related to the new career. This will give you an insight into various careers that are available for you and will help you to make a more informed decision regarding your career change.

Personal parameters: Opting for a career change without self reflection and without considering personal likes and dislikes could be suicidal for any career. Assessing one’s own interests, skills and values is highly critical to any career change. Such an analysis is easy to do and all one needs is to make a list of things that one loves to do- in a job, at home or even in hobbies and another list of things that you will never want to do again. While deciding on a career changes, these lists can be used to perform a SWOT (Strengths-Weaknesses-Opportunities-Threats) and can have a great bearing on a conceived career change.

Blinded by other’s success: A career change cannot be bought upon oneself by just looking at someone who is a success in a different career. You are you and not the other person; the personal qualities differ and make the thin line between success and failure. Considering that career while deciding upon a career change is good, but do not try and replicate someone else’s success. There are too many assumptions in doing so and most people who have attempted a career changes in such circumstances have failed. The grass certainly appears greener on the other side but is not the case most times, especially for something as critical as a career change.

Experience and Education: While contemplating a career change, it is always important to research and strategize on bridging the gap of education, experience and skills between the present career and the new career that you are trying to make a career change to. Transferable or common skills are important but a little bit of focused education and skill building may become important to make the career change. You could begin by interacting with professionals in the new career and attending informative workshops.

Job search techniques: Making a career change almost always involves a job change, so it is important that one polishes his or her job search techniques before embarking on the search. Interviewing skills and resume writing techniques would also need some polish especially since you are out of the search market for some time pursuing your current career. Make sure that you go through these basics before you decide on the career change.

Conclusion

A career change involves too many personal variables. Make sure that you polish up on almost all variables before you decide on your all important career change.

Changing careers is not as complicated and difficult as it used to be 50 years ago, with so many employment opportunities available one can switch not just jobs but switch careers. Interestingly, it is no longer uncommon for middle aged individuals to change careers. If you are currently in a job you are not happy with or feel that you would be better off doing something else in life, here are few tips to help you evaluate and assist you in a career change.

How satisfied are you with your job? Measuring job satisfaction is not a simple task because everyone has their fair share of good days and bad days. The best way to assess your job satisfaction is by keeping a journal; keep a journal of your day to day activities, your interaction with colleagues and also with your superiors. At the end of each month, go through the journal and see how many ‘good days’ and ‘bad days’ you have had.

The personal inventory If you are convinced that you need to change careers, the first thing you need to do is make a personal inventory. Take some time away from work and analyze you strengths and weaknesses and try and find skills that you think can help you change careers. If your skills are being put to good use then you might need to change jobs and not careers. If you are satisfied that your current job is not doing justice to your skill sets the next task is finding a career that will utilize your skills to the maximum.

Brainstorming Finding careers that do justice to your skills will not be a simple task. You should discuss your core values and skills with friends and family members to get creative and critical inputs. It is important to keep your options open and consider all possible careers before you start short listing careers.

Short listing careers Chances are, there will be more than one career paths available to you. If this is the case, you should have a detailed understanding of each prospective career. If you are not satisfied with your research, speak to a career counsellor to get a better understanding of each career option.

Research As mentioned earlier in the article, it is important to research each prospective career path. Once you have short listed careers you are interested in, carry out further research and look into aspects like working hours, pay scales and also the amount of stress you are likely to encounter. If possible, try and volunteer for activities that are linked to the career you are planning on choosing.

Look for educational opportunities Before you embark on any career, make sure you have the necessary certifications/qualifications required. If possible, look out for colleges and professional groups that are offering courses relating to your new career. If your new organization does not offer in-house training, you will definitely need to look for educational institutions that are offering training courses and certifications relevant to your new job.

Are you planning to make a career change? If so, you might want to consider working with a career coach. A career coach can help you create a plan for achieving your career goals while also providing you with the support and encouragement you need. In this way, you can achieve your career goals and finally work in a profession that makes you happy and provides you with a handsome income.

What is a Career Coach?

A career coach is a person that has been trained in helping other people develop their career goals. Even if you are unsure your career goals, a career coach will work closely with you in order to help you determine where you would like your career to go and to develop a plan for achieving those goals.

If you have dreams of landing a job as a manager or executive, you might want to work with an executive coach. An executive coach is a specialized type of career coach that focuses on helping a person work up the chain of command within his or her field. With the help of an executive coach, you will learn how to obtain the training needed to climb the corporate ladder as well as learn more about how you should perform in the workplace in order to get noticed and to receive the promotion you are trying to get.

Who Needs a Career Coach?

Anyone that wants to advance in his or her career or that is looking to make a career change can benefit from the services of a career coach. Whether you are just getting started in your career or have been working on your career path for many years, a career coach can help you hone your skills and make the right career decisions. Even if you are in college or are trying to determine your major in college, it can be beneficial to consult with a coach. This way, you can get assistance with choosing the classes that will put you in the best position for landing the career of your dreams once you graduate.

How do I Select a Career Coach?

When searching for a career coach, however, it is often a good idea to find one that has experience helping people within your specific field. This way, the coach can provide you with assistance and support that has to do with the career path you have chosen.