I wanted to share a brief update on the current financial services talent market here in Dublin, as we continue to see some notable shifts across hiring demand and candidate expectations.
Market Overview
Hiring activity has picked up steadily through Q1, particularly across funds, asset management, and risk and compliance functions. While this isn’t a full rebound to pre-2023 levels, there is a clear increase in headcount approvals, especially for business-critical roles.
Talent Availability
The market remains candidate-short at mid to senior levels. High-quality professionals are still cautious about moving unless there is a clear step up in scope, flexibility, or compensation. We’re also continuing to see counteroffers play a significant role in declined offers.
Compensation Trends
Salary expectations have stabilised somewhat compared to last year, but strong candidates are still securing increases of 10–15% when moving roles. Benefits and flexibility remain key differentiators, particularly hybrid working, with 2–3 days in the office now the norm.
In-Demand Skill Sets
We’re seeing the highest demand across:
- Fund accounting and fund operations, particularly with alternatives exposure
- Risk and regulatory change, including ESG and evolving EU requirements
- Finance transformation and systems, particularly around automation and reporting
- Front office support roles with strong stakeholder engagement
What This Means for Hiring
Processes that are streamlined, typically two to three stages, and well-managed are consistently outperforming competitors when it comes to securing top talent. Delays or overly complex interview processes are still leading to candidate drop-off.
If you’re hiring over the coming months, or would like a sense check on how your process or salary levels compare to the wider market, I’d be very happy to share some further insight.
Aaron Ryan
Senior Consultant | Coopman
T: +353 1 211 8333
M: +353 86 163 9797
E: aaron.ryan@coopman.ie
