What is a competitive banking and financial services salary in 2020?

Interested in knowing what your financial services salary could be in 2020 or what you should be paying your financial services team? The Robert Half Salary Guide offers the most up-to-date salaries and latest remuneration trends for financial services jobs in Hong Kong.

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Banking and financial services trends

Hong Kong financial services firms continue to leverage digital technology to innovate and improve customer experience. Candidates skilled in business/digital transformation and regulatory compliance continue to be in high demand in 2020.

Here are three key areas impacting Hong Kong banking and financial services trends:

1
Insurers need to prepare for IFRS 17 – a limited talent pool mean candidates with IFRS 17 experience are in high demand.
2
Virtual banking is taking off – set to boost hiring of finance executives, fund accountants and compliance specialists.
3
RegTech is transforming risk and compliance – demand is set to increase for candidates with compliance and fintech backgrounds, with more companies expected to embrace data analytics and risk modelling.

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