2017 IT Recruitment Half Yearly Market Update

Happy 2018 all and welcome to our half yearly IT recruitment market update for 2017 where we take a market snapshot, positions we saw in demand across the IT industry and news. The 2nd half of 2017 finished with a flourish with demand right across our client base where we had SAP, Testing, Systems Analysts, Development, Infrastructure, Architecture and Digital Strategy placements across Healthcare, Prop Trading, Buy Side Funds Management, Global Markets Banking, Insurance, Digital Consulting and Workplace Health and Safety – you can view a list of our 2017 successful engagements here – https://kapitalconsulting.com.au/2017successful-engagements/

As an approved supplier to the NSW Government Contingent Hire, we have seen much demand for our recruitment solutions and will see more demand throughout 2018 as more projects kick off in Q1 and Q2

Clients are looking for a good balance of contractors vs perm/FTE in their teams and would say we still in a candidate driven market where there is high demand for very niche skills and many tech staff tending to stay in their current positions as it seems there are projects and business critical initiatives happening across many industries and the rise of FinTech start-ups continues to put pressure on candidate supply.

Hot areas for us at the moment are across RPA, AI and Machine Learning with our clients across Sydney, Melbourne and Brisbane and as a result have hired Angela Kivell to lead this area for us so if you need resources in this space or looking for a move into RPA, then please reach out to her directly.

Another hot area continues to be the need for SAP resources at all levels across (HR, Payroll and Financials) with ECC6, HANA S4 and SuccessFactors as we have multiple roles current and coming up in this space for key Change and Transformation programs across a wide client base in this area for Sydney, Melbourne, Brisbane.

New Clients: We have picked up a number of new Tech Startup clients and an additional Insurance client who have been and will continue to actively hire throughout Q1 2018.

As always we are actively recruiting across a number of IT roles and across a wide client base so if you on the lookout for a change in career in 2018 or looking for that next hire for your team, then please reach out to us on 02 8070 7222, we always here to assist where we can

Till next time!

2017 Q2 IT Recruitment Quarterly Market Update

Welcome back to our 2017 Q2 IT Recruitment Quarterly Market Update. After a relatively subdued start to the year in terms of overall IT client demand from the 1st Quarter, urgency went into 3rd gear for Q2 where we saw demand and assisted our clients across our Prop Trading, Financial Lending, Management Consulting, Digital, Private Healthcare and Funds Management client base where we placed Technical Business Analysts, System Analysts, Project managers, Developers and Testers.

This Quarter still sees a further push from clients, who traditionally hired many contractors, to focus on permanent hires and this would suggest longer term, business critical initiatives being signed off across Regulation Changes and strategic hires after a business model revamp which is what we witnessed for several clients last Q.

That said, Kapital Consulting is now an Approved supplier to the NSW Government 0007 Contingent Work hire scheme as well as the Government Digital Workplace so you will be seeing alot more demand for contractors from us through Q3 and Q4. This is an excellent opportunity for us to utilise our contacts with specialist skills across other industries who are looking for a change in vertical or who are possibly looking for a move from a permanent position into something a bit more “flexible” in what contracting offers so watch this space as we will be reaching out to you all soon.

Many clients have very successful graduate programs so if you are fresh out of uni and looking for a great career start into some dynamic Tech firms across Australia we would suggest reaching out to your ideal employer of choice for grad positions as they have very solid onboarding processes and a number of grad recruitment days a year also with referral schemes. A subset to this is that so much is being done around grad recruitment schemes and onboarding newcomers to the market that less time is available to search for mid to senior level and niche hires which is where we come in as a targeted headhunter and we definitely seeing this from many of our leading clients who are asking us to source very niche skills across all levels.

Hot areas for us at the moment are across Buy Side OMS (Order Management Systems) with many initiatives being thrown at increasing OMS connectivity for scalability and also due to the stepping up of MiFID II and another reg initiatives in the market meaning OMS need to be more flexible and have the ability to transmit and use more data for reporting. Other specialities in this domain are for FinTech Sales Specialists who are very familiar with OMS and Financial Markets STP (Straight Through Processing) and Trade Order Flows and Workflows.

The second hot area for us at the moment is across Development. Just when we thought the market had softened for more development positions the opposite happens. We are seeing demand for Developers at ALL levels and across all clients which is telling us that Q3 and Q4 will be 2 more great quarters with alot of client platforms being developed for the competitive edge they will need in the high demand markets we have today more than ever before. C++ and Market Links for gaming and prop trading clients is booming, Java within our Financial Services clients, MS BI Developers within Insurance and FinTech start-ups, UX/UI, HTML/CSS/JavaScript Developers and Designers within the Digital space.

Third area is Digital, we wrote a article earlier in the quarter around always asking clients what they mean by “a new digital hire”? as this could be anything from UX/UI Designers, HTML/CSS Development, Digital Strategy and Innovation, Customer Insights, Behavioural Analytics, Building a client MVP, Digital Disruption the list goes on. Digital is certainly a very interesting and ever evolving area with alot of noise in this space.

New Clients Q2: As mentioned earlier, now being on the NSW IT Government and Digital Workplace panels will open up many doors for us in the government sectors. We have also partnered with a number of new FinTech, Digital, Digital Consulting and Venture Capital start-ups in Sydney, 2 new Financial Markets Prop Trading Clients, a new leading HealthCare Client and 2 new financial services clients

From all we seeing, Q3 is going to be a gangbusters quarter for the Kapital gang and we hope you all have a very successful Q3. If you looking for a move and keen on a confidential chat to one of the team or just simply keen to get more information on the market or are a hiring manager looking for new and exciting hires, we always here to help so give us a shout on 02 8070 7222 or send us an email to info@kapital.com.au

Till next time!

2017 Q1 IT Recruitment Quarterly Market Update

 

A new year presents both challenges and opportunities. So far in 2017 a perceptible trend has been on the demand for candidates with exposure to cutting-edge technologies. We have talked about the future of Big Data for the last 12 months, and are now starting to see a rapid growth in companies focussing in this area and integrating big data solutions.

 

Companies are seeking talented data solutions and Software Engineers & Programmers, accompanying with niche skills in languages such as Scala, Drupal and Python which is a field also expanding and building momentum.

 

There is a rise trend for emerging professionals that are adaptable and possess varied skill-sets, although this shows a threat to IT professionals who are specialist in their craft and have difficulty evolving in a rapidly changing environment. The market is hot and opportunities are endless for candidates testing their abilities across a variety of languages and technologies.

 

In terms of industry sectors we have noticed much demand right across the board for IT professionals across Legal, Funds Management, Insurance and Prop Trading. Management Consulting clients have been upping the ante late in Q1 which we will continue to see through Q2 based on a number of government initiatives underway.
We trust your 2017, brings you all you hope for and if you are interested in a move, please reach out to us, we always here to help.

Jan – Aug 2016 | Market Update, News

I was asked recently to provide some market commentary on what we seeing happening in the IT space across Australia which I thought I would share with everyone

 

  1. What’s your view on the following types of roles:

Just for a bit of context, the below 3 areas were requested, and these areas are where we are seeing most demand across the board as well as Networking Engineers – you can see this from our 2015 and 2016 placements on our website http://kapitalconsulting.com.au/news/.

a. Applications Support/Infrastructure?

Unlike Infrastructure, the Application Support area is one where our clients are least likely to outsource to 3rd party providers as the business (Portfolio Managers/Front Office Traders/Insurance Brokers) are always wanting that good close relationship with IT to get technical issues resolved when under time pressure. That said we are also starting to see more of our clients bringing Infrastructure and Systems positions back into their organisation which over the last few years have been outsourced roles. There is high demand for good people in both of these areas and definitely a candidate market with salaries rising.

b. Business Analysis?

Business Analysis will always be an area of high demand however the gap which was once a chasm between an Application Support Analyst and a Project Manager profile is certainly closing. Post GFC, companies have all been about doing more with less and as a result a traditional Apps Support Analyst has been gathering the requirements, documenting and supporting the business and a Project Manager has been doing the same so alot more is expected from a traditional Business Analyst to operate at a “project manager level” in terms of maturity and autonomy. It is a very tight market to find good people in this field with specific industry experience.

c. Analyst/Developers?

Nearly every one of our clients over the last 6-12mths has been after a Developer of varying skills from C#, C++, Python, Web/PHP. I will be very surprised if these positions are ever outsourced as it is too close to a companies IP and forms a major part of their competitive advantage. A very high demand area and again a candidate market as clients are wanting specific industry experience in these areas which makes it harder to find.

 

  1. What is currently hot in the IT space at the moment, why?

Blockchain is a huge game changer for international financial services firms which will also mean heightened controls and governance to be put in place by companies for auditors and regulators

Data Analytics is a big growth area for our clients – visualisation tools like PowerBI, QlikSense and QlikView – we have a Hedge Fund client who showed me how they can visualize their client portfolios by spend, market exposure, demographics as well as manipulate client and market data to their needs which was really insightful

Data Science and Machine learning – Many companies are viewing data science in a way that it is a solution to almost any organizational problem.  The biggest opportunities for data science and machine learning is to utilize it to understand where incremental improvements can have the greatest return.  By increasing productivity by 1% in mature organizations can often return millions of dollars annually in savings or increased revenue.  A good data scientist knows that this is going to be working in continuous improvement and require a deep understanding of the business.  I have a friend in the Digital space who works for a large global organisation and who asked the board for $20M a year ago and in return would bring in over $200M within 2yrs – they didn’t really understand how he would do this nor whether it was even possible, they also didn’t truly understand what he did and thought he was crazy – 9mths later and $250M in revenue they wanted to sign off on more.

DevOps – a real mix match of technical skills which was once separated and which can now automate and make a business alot more streamlined in the system processing times and can add huge value in terms of speed. These include technologies across Unix Linux, Python, Puppet, Cobbler, Jenkins, Google GO, Docker. A real hot area and in high demand

 

  1. What skills are employers asking or expecting to see?

There has been a big shift in employer mindsets towards IT Staff. Traditionally clients were after very high levels of technical ability and negating the cultural and personality side of the applicant. Staff in IT departments were viewed by the business as “just a number” and a “tech savvy person to fix issues” and to have on board to get the job done. This has now changed to someone with alot more “technical value” and someone now seen by the business who can take the business forward in our new digital and data age. Instead of the business asking IT departments to fix issues, the question has now become, “what do we need to do technically to become better than our competitors and move our ideas forward?” Therefore the cultural and personality type questions are becoming more prevalent in interviews as technology hires need to pitch their ideas and substantiate their findings to senior C-Level executives and are more integral to the business than ever before.

 

  1. Are there any particular areas of concern?

We are entering a time where companies big and small, are becoming more entrepreneurial around technology and the need for experienced employees who truly understand how to interpret and how to use data as a competitive advantage is going to increase and cause alot more demand in this space which will become a candidate short market – the problem with this, as with any news area, employees sometimes do not know what they are really looking for from the person and are looking for answers from the hire who in an area with high demand, may not necessarily be able to answer the questions which the business is after or the business will only know the true benefits/value once the employee starts

 

  1. Anything else that you think might be worth noting?

I read an article recently published by a National Technology and Science reporter which noted that the number of young students enrolling in technology degrees has fallen substantially. I would not really be surprised by this even with the tech/data boom that we seeing. My reasons for this are that in the years following the 2009-2010 GFC we saw low levels of employment so younger students enrolled as they were spooked by the worry of not being hired and wanted to be better and more accredited than their competition in a job short market. Now with employment at good levels and still on the rise – grads want to get onto the employment ladder quicker and are rather opting to certify on necessary tech skills required to do the job at their employer rather than doing a master of science and technology as an example. Technology is changing very quickly so they are seeing it as more preferable to train in what is “new and now” rather than a degree which was drawn up 5 yrs ago or more

 

Sean Turner  |  Founder  |   KAPiTAL Consulting

Jan – Jun 2015 | Market Update, News and Placements

Welcome to our first news letter, here you can find out all about who the industry movers were, how KAPiTAL went in the last 6mths and also how we see the market shaping up in the months to follow.

Market Update: The market as a whole was very busy from all accounts and across all industries. Most of our clients were recruiting at a steady pace in the lead up to the end of June and across vast technical disciplines. Many new initiatives were kicking off in the Prop Trading and Brokerage space across internal system upgrades and also the need for high calibre System Analysts/DevOps and Architect level profiles due to pure growth and the need to stay on top of their games. There was alot of movement across Funds Management with companies shifting their multi $Bn funds to new custodians due to the fallout with one or two clients which saw alot of recruitment coming out of this industry. Across Banking, 2 new FX projects kicked off for us which had demand for Snr Business Analysts and Testers across Front Office FX GUI Interfaces and also STP of trades to new and enhanced central sources. Management Consulting clients of ours won significant tenders which drove demand for high level structured programme resources to ensure timely delivery.

Placements: These are our placements for Q1 & Q2 and are across clients in Melbourne, Sydney and Brisbane. We also made placements with 2 new clients to add to our growing client base.

  • Program Master Scheduler – Top Tier Consulting Firm
  • Systems Test Lead – Banking and Finance Vendor
  • Automation Test Lead – Insurance
  • Snr Technical Business Analyst – Financial Services
  • 2 x FX Markets Business Analysts – Banking
  • Program Manager – Banking and Finance Vendor
  • Trading Systems Support – Prop Trading Firm
  • Application Support – Funds Management
  • Head of Testing – Funds Management
  • Snr Market Solutions Architect – Brokerage Firm

Months to follow: We are seeing a high demand for Big Data and Data Analytics across our client base and also more Data Warehouse and Business Intelligence programmes coming up which should lead to more demand in this space. Stay tuned for our next update later in the year.