scottish investment operations. agenda about sio industry overview careers where to find more...
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Scottish Investment Operations
Agenda• About SIO• Industry overview• Careers• Where to find more information
About financial services
• £7bn contribution to GDP*• 1 in 10 Scottish jobs• Largest UK financial centre after London / SE
*Measured as Gross Value Added. Source: IFSL Research, Scottish Financial Enterprise
Life & Pensions
14%
General Insurance
6%
Banking61%
Intermediation9%
Asset Management
10%
Source: Scottish Enterprise
Distribution of FS workforce
• SIO members are– Investment management companies– Banks that support investment managers– Wealth managers– They employ around 7300 staff in Scotland– They manage over £500 billion for clients
Investment industry
Number of Staff - Scotland1100
850 822730
569 526
400330 327 313 300 275 248 212 205
115
0
200
400
600
800
1000
1200
Barcla
ys
Mor
gan S
tanley SLI
State
Stre
et
BNY Mell
on
Baillie
Giffo
rd
SWIP Citi
Aberd
een
HSBCRBS
Frank
lin
Mar
tin C
urrie
Black
Rock
BNP Par
ibas
First S
tate
Source: SIO, 31 December 2007
• Wide ranging– Technical– Financial – Project– HR, training– IT– Marketing, sales, client roles
Types of careers
• New Graduates – Graduate schemes– Internships– Business as usual recruitment
• Experienced hires• Career changers
Routes into the industry
Entry requirements
• Most jobs open to a good degree in any discipline
• Not just finance and accountancy• The right attitude and skills are critical…
Employers want…• Positive, can-do attitudes• Strong communicators• High standards of accuracy and numeracy• Solid problem solving skills• The capacity to work to strict deadlines• Ability to work within and contribute to a team• Take ownership for own work• Influencers, negotiators, future leaders….
In return they offer…• Excellent training and development• Opportunity to build a long-term career • Working in a fast moving global industry• Learning all the time, being challenged• Skilled jobs using up to the minute technology• Competitive salaries• Great benefits; e.g. pension, healthcare, bonus
Where to find more:www.sio.org.uk