Consulting and Recruitment in Investment Banking, Securities and Portfolio Management

Recruitment

Temple Associates serves the recruitment needs of Employers in the Securities, Banking and Investment Management Industries. We focus on the United Kingdom and the German-speaking parts of Europe but in selected segments of the financial markets we are also active in other geographic regions.

Personal contacts created over many years and a state-of-the-art database of potential candidates allow us to respond to all inquiries in a timely manner with candidates that will help our clients to succeed in an increasingly competitive market environment.

A flat organisation means that most aspects of a search are handled by the person at Temple Associates that is the prime contact for the client. This guarantees absolute quality control and short lines of communication between candidates and the client.

Employers may contact us for a preliminary discussion at
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Lehman CEO Richard Fuld predicts a challenging environment for the next quarters

We would not disagree. The financial sector has expanded tremendously during the past 30 years. After the difficult times of the mid-1970s there was very little optimism for the sector. A firm like Goldman Sachs had barely $100 million in equity capital by the end of the decade and the sector was far from being the preferred employer for bright graduates.

How things have changed! The author joined the small London office of Goldman Sachs in late 1978 when it had a staff of less than 60 persons. We all know what happened in the intervening years! So it should not come as a great surprise that the great expansion in financial service employment will come to a halt, possibly forever. It is just difficult to imagine that the banks, brokers and fund managers will add significantly to their staff numbers - even if business will eventually pick up again. Increases in productivity will allow more business to be conducted with the same number of people and recruitment will be focused on upgrading staff, replacing those that have left or re-allocating staff to areas with a better growth outlook while at the same time cutting back in business segments that face declining margins and volumes.
16-Apr-08

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