Foreign applications to Singapore finance jobs surge 35%



ORIGINAL POST
Posted by PSR_AXP 42 days ago

Amid eased border restrictions, employment passes (EPs) for finance professionals are getting easier to obtain in Singapore, three recruiters tell eFinancialCareers. This development comes amid increasing interest for Singapore roles among foreign talent, and a trend of financial institutions resuming their overseas searches.
 
Recruitment firm Quess Singapore, for example, has seen a 35% increase in foreign candidate applications in the past six months, says its Singapore country manager Vikas Srivastava. This spans both tech jobs, as well as roles such as relationship management.
 
For ultra-competitive tech hiring, the number of roles filled by overseas applicants has jumped from just 6% when border-control measures were in place, to 70% now that restrictions have eased, according to Quess figures. Srivastava attributes this to the “big focus on niche skills and a shrinking talent pool in Singapore,” which has created a “potent” demand/supply imbalance.
 


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