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FSA recruitment drive reflects higher demand in finance sector, says REC

The REC has responded to the Financial Services Authority’s proposal to recruit more than 400 staff immediately to toughen up supervision of the financial sector.

Commenting on the decision, Bill Haynes, chair of the REC’s Accounting and Financial Services group says: “Uncertainty over the FSA’s future with a general election looming shouldn’t put people off applying for jobs with the body, or the wider banking and financial sectors for that matter. Whether it is the FSA or another authoritative body, the financial services industry will continue to be regulated and staff will always be needed.  

“Over the past three to four months, the recruitment industry has seen a large increase in demand for workers in the financial sector, particularly for those with high-end skills. The FSA’s recruitment drive suggests that this trend is set to continue.”