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Securities industry in desperate need of qualified brokers
The nation's stock brokerages are starved for qualified personnel. In January, the job search website vietnamworks. com saw nearly 80 recruitment ads for staff for securities companies, most seeking qualified brokers to serve growing number of clients on a stock market once again seen as burgeoning.
"Brokers and service staff make up 40 percent of securities companies' human resources and they are likely to switch jobs the most," said Rong Viet Securities Company General Director Nguyen Mien Tuan, who said many of the best were lured away by better offers from competing firms.
Many stock brokerages let staff go during the market downturn in 2008-09, but were now eager to recruit new employees with university diplomas or certificates in investment, banking, finance, insurance, auditing or accounting, and at least a year of relevant work experience.
Le Dat Chi, dean of the finance department of the HCM City University of Economics, said there were very few finance majors who could not find jobs after graduation.
"Current training programmes cannot satisfy the increasing demand for human resources in the financial sector," Chi said. "Many people have pursued second degrees in finance and internships with securities companies" in order to qualify for the growing numbers of positions.
The State Bank's termination of gold trading floors, effective March 30, was also expected to shake up the human resources market in the sector in the near future.
vietnamnews
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