News
Social Responsibility with World Vision.
We have recently exemplified our commitment to creating a positive global impact by substantially increasing the donation to World Vision International. This philanthropic move showcases the power of corporate social responsibility and highlights how businesses can make a difference beyond their bottom line. It goes beyond financial performance and focuses on how companies can actively contribute to society's well-being. DSJ has always prioritized Corporate Social Responsibility, recognizing the importance of giving back to communities and empowering the less privileged.
Through its increased donation to World Vision, DSJ demonstrates its dedication to fulfilling its role as a responsible corporate citizen. This donation represents more than just monetary support; it symbolizes a shared commitment to making a lasting impact on the lives of those in need.
World Vision is a leading humanitarian organization, has been tirelessly working to improve the lives of vulnerable communities across the globe. With its extensive reach and effective programs, the organization addresses critical issues such as poverty, education, healthcare, and access to clean water.
By partnering with World Vision, DSJ aligns itself with a trusted ally in the pursuit of positive social change. This collaboration amplifies the impact of both entities' efforts, creating a powerful force for good.
The thirst for IR talent.
A quote from our CEO at a Bloomberg interview.
Forecasting the job market
As of today, there are many hiring demands within Fixed Income Divisions in investment banks compared to other areas. Especially Japan's three major banks who plan to take on at least 770 midcareer hires in fiscal 2023, 4.5 times the fiscal 2021 figure, as they hunt for professionals who can contribute immediately to areas like digital services. Also, they announced that under their plans, midcareer professionals will be nearly 40% of all hires made in fiscal 2023 -- up from 7% in fiscal 2019. Unfortunately, many departments in foreign banks are quite conservative and continue to observe the markets movement before they increase talent. However, we are very optimistic and expect to see a lot of new openings this year.
The job market in Japan is witnessing a significant surge in demand for tech roles across various sectors, with domestic banks leading the way in hiring. These banks are actively strengthening their teams and seeking professionals with specialized skills in areas such as project management, business analytics, and software development. The focus on hiring professionals with strong relevant skills highlights the importance of these roles in driving innovation and growth within the investment banking industry. Additionally, niche areas like quantitative finance and data science are gaining prominence, presenting new and exciting opportunities for job seekers in these specialized fields. As the year progresses, we anticipate a further increase in job opportunities within the tech space, as companies continue to prioritize digital transformation and technological advancements. This creates a favourable environment for professionals to explore new career prospects and contribute to the evolving landscape of the Japanese job market.
As for asset management despite fewer hirings this year than last year we do expect the second half of 2023 to be stronger as continued demand for fixed income and alternative asset class roles remains robust. In addition, new and early stage fund entrants to Japan will be looking to increase headcount. Also, it will be interesting to see what effect the current Japanese equity bull market has on hiring demand for equity related roles throughout the rest of the year, particularly with regards to sales, analysts and PM roles.
DSR UK is opening
Coming off the back of another successful year, we decided to expand our business and set up a new branch in London. From the beginning of this year, we launched Divine Solutions Recruitment UK and have entered the London financial services recruitment market.
Having made our presence felt in Japan over the past few years and gained a significant number of clients, we see future growth and opportunities within the UK financial services market, and wish to be a part of this.
We continue focusing on Markets, IBD, Asset Management, Technology, Risk Management, Operations and Finance and will be pairing this with our strong client and candidate service.
If you are looking to move from the UK to Japan or from Japan to the UK please get in touch with us today as we want to hear from you.