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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.
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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
Distribution of FS workforce Source: Scottish Enterprise
Investment industry • 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
Number of Staff - Scotland Source: SIO, 31 December 2007
Types of careers • Wide ranging • Technical • Financial • Project • HR, training • IT • Marketing, sales, client roles
Routes into the industry • New Graduates • Graduate schemes • Internships • Business as usual recruitment • Experienced hires • Career changers
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