Finance: Capital Markets : Product Control in Tokyo
Recent expansion plans to grow the equity derivatives business in Tokyo led our client, a global investment bank to assign Astbury Marsden to source Product Controllers to join as quickly as possible.
The Client requested candidates with 2-4 years experience in this area, however due to current short supplies of this particular skill set we had to think of new ideas to solve this challenge. Knowing that several of the investment banks had recently relocated large parts of their processes to some of the developing financial regions in Asia such as Singapore, the Philippines and Malaysia we decided to actively approach these areas knowing they had recently become key training grounds for many top investment banks.
As a result of our search, we were able to suggest to our client the option of looking at more junior people who might have the potential to move to a more prominent financial hub in order to make the next step in their career. This in turn resulted in finding three potential candidates, in this instance from the Philippines.
All three candidates were invited for interview, and one was selected for a further two interviews by showing the most potential to succeed and add value to the business in Tokyo. The candidate has now relocated to Tokyo to work for one of the biggest global investment banks, having been offered a very attractive relocation package to gain the experience not yet available in their current situation.
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