City business analysts will see their rates increase by
20% before the end of the year as investment banks compete for
skilled people to implement the Markets in Financial Instruments
Directive.
Business and impact analysts, who assess how major change will
affect companies, already command average daily rates of £500.
According to Simon Walker, a director of recruitment consultancy
Hydrogen Group, the demand for people to implement the new European
regulation will see daily rates rise to £600.
He said, “The rush for MiFID jobs will come in Q4. Top-tier
investment banks will need 30-strong teams of analysts and
technical architects to do all the work needed.”
