The swift growth of Asian economy is proving a greater source of creating jobs at Hong Kong and Singapore. It has been reported that following the persistent economic growth of Asian economy, demand of commercial and private bankers, mid-office staffers, risk managers and prime brokers have increased manifold. There is also growing demand of fund managers and lawyers.

Although the demand of banks and advisory group has increased, the pace of hiring across Asia has slowed. The reason being cited for slower hiring includes, thin fee margins and a shallow talent pool. Despite these factors, job seekers are finding openings at compliance desks, private equity funds and law firms, albeit for less money.

It is believed that because of the financial crisis the phenomena of higher paid jobs have changed. Earlier, international degree holders were used to get higher paying jobs but trend has changed as only exceptional cases are being paid hire.

It has been informed that one of the major forces behind the Asia hiring scene remains regulatory moves. Key structural changes proposed by new US and European rules are boosting Asian middle-office staffing that handle compliance and risk.