Switzerland’s financial services sector is gearing up for an increase in activity in 2025. The private markets’ sector’s drive to attract AUM from family office and UHNWs clients continues be a growing trend with new teams being hired and existing teams further resourced.
As interest rates decline the private equity sector is seeing a more benign environment emerge and more confidence emerge in the sector. Private credit will continue to grow and demand in the area will remain high through the year based on trends we are currently seeing.
While a drop in interest rates has squeezed banking margins, there are signs of a more aggressive hiring agenda in corporate banking with M&A likely follow later in the 2025, as deal flow picks up against a backdrop of relatively lean teams that have been trimmed down to the minimum.
Sustainability and ESG (Environmental, Social, and Governance) priorities are set to continue to grow alongside compliance, risk and legal. William Andreae-Jones, Business Director for Financial Services at Swiss executive search firm Robert Walters, shares his insights.
With growth anticipated in 2025, demand is increasing for IT, data and cybersecurity professionals as the sector embraces fintech, AI, and advanced cybersecurity measures. “Stricter regulations are driving up the need for skilled compliance and risk management experts,” says William.
Roles like Chief Compliance Officer, Chief Risk Officer, Credit Risk Officer and Family Office/UHNWs Sales will be essential to navigate regulatory landscapes and support AUM growth. “There will be substantial demand for senior salespeople with knowledge of alternatives and strong client relationships,” he adds.
Although the market is dynamic, salaries are projected to remain steady. In 2024, while 31% of employees saw a salary increase, 54% of surveyed financial services professionals don’t expect a raise in 2025, with only 15% anticipating an increase between 5% and 10%.
However, only one in three professionals is satisfied with their current pay, and 38% feel their compensation doesn’t reflect their skills and experience. “This dissatisfaction could lead 53% of professionals to consider changing jobs if no salary increase is offered in 2025,” warns William.
Beyond salary, work culture and flexibility rank high for Swiss financial services professionals. According to a recent survey by Robert Walters, 55% of respondents consider inspiring colleagues and a positive work environment crucial, while 45% value flexible work arrangements. While some organisations are urging employees back to the office, maintaining a hybrid model with at least one remote day weekly is proving effective for talent attraction and retention.
Organisations that invest in digital and sustainable skills while aligning with employee priorities will stand out in a competitive market where professionals are more open than ever to swift career moves.
For more insights into the job market and other salaries within financial services, request free access to the Robert Walters digital salary survey tool today.
As any experienced jobseeker can tell you, there are plenty of recruitment consultancies out there but, with each varying significantly in terms of experience, expertise and style, how do you find the one that’s right for you? Here, with the help of our experts, are five key questions to ask… Are th
Read MoreEmployer branding has become a buzzword within most organisations over the last year. Businesses have started to realise that the external values and ethics they advertise on behalf of the company need to be believed and resonated by their employees. What is employer branding? Employer branding is t
Read MoreWe all want to work for a company that we can feel good about and that’s aligned with our core values. So how do you find an employer you can believe in? Here are a few key questions to ask… We spend around a third of our adult lives at work, according to the World Health Organisation. Of course, ma
Read More