Finance recruitment picks up pace across major banking segments, report finds

Renewed momentum across private banking, retail wealth, and investment banking segments—including FICC and IPO-related activities—is shaping hiring trends in Hong Kong’s financial sector for 2026.

According to a Hays report, demand is being driven by stabilising capital markets, shifting regulatory requirements, and ongoing digital transformation initiatives. Organisations are increasingly focusing on roles that enhance financial planning, business insight, and technology adoption.

There is strong demand for hybrid professionals who blend accounting expertise with digital skills such as data analytics, automation, and artificial intelligence.

Mid-level positions remain the most challenging to fill, with ongoing talent shortages particularly in compliance and risk functions. To address these gaps, employers are adopting more flexible hiring strategies, combining permanent roles with project-based and contract positions.

In terms of compensation, heads of private banking departments earn packages starting at $3 million, while senior relationship managers typically make between $1.5 million and $2.5 million. Corporate banking heads receive at least $1.8 million, with commercial banking heads earning from $1.6 million and SME banking heads from $1.2 million.

Back-office directors in treasury, fund operations, and securities services earn between $900,000 and $1 million. In retail banking, regional managers earn from $1.2 million, while branch managers make between $720,000 and $1.2 million.

The report also highlights that professionals in Hong Kong are increasingly prioritising benefits, supportive management, and flexible work arrangements, amid growing concerns about job security.

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