June 17, 2009

Some signs of hiring and growth are being seen in the financial sector, even as many companies continue with job losses.The Wall Street Journal reports that some firms that laid off too many workers are now hoping to take advantage of the large pool of available talent. Workers who are most in demand include those skilled in areas such as credit, refinancing, wealth management and restructuring.

"They're beginning to open their eyes and think more strategically in terms of hiring," said Deborah Markus, founder of Columbus Advisors LLC, a New York-based executive search firm. "There's much more of a positive mood."Some of the companies currently searching for new hires include Wells Fargo & Co., J.P. Morgan Chase & Co. and TIAA-CREF. Among the positions that the companies are looking to fill are financial advisers, financial analysts and credit managers.