Scottish Investment Operations

Agenda• About SIO• Industry overview• Careers• Where to find more information

About financial services

• £7bn contribution to GDP*• 1 in 10 Scottish jobs• Largest UK financial centre after London / SE

*Measured as Gross Value Added. Source: IFSL Research, Scottish Financial Enterprise

Life & Pensions

14%

General Insurance

6%

Banking61%

Intermediation9%

Asset Management

10%

Source: Scottish Enterprise

Distribution of FS workforce

• SIO members are– Investment management companies– Banks that support investment managers– Wealth managers– They employ around 7300 staff in Scotland– They manage over £500 billion for clients

Investment industry

Number of Staff - Scotland1100

850 822730

569 526

400330 327 313 300 275 248 212 205

115

0

200

400

600

800

1000

1200

Barcla

ys

Mor

gan S

tanley SLI

State

Stre

et

BNY Mell

on

Baillie

Giffo

rd

SWIP Citi

Aberd

een

HSBCRBS

Frank

lin

Mar

tin C

urrie

Black

Rock

BNP Par

ibas

First S

tate

Source: SIO, 31 December 2007

• Wide ranging– Technical– Financial – Project– HR, training– IT– Marketing, sales, client roles

Types of careers

• New Graduates – Graduate schemes– Internships– Business as usual recruitment

• Experienced hires• Career changers

Routes into the industry

Entry requirements

• Most jobs open to a good degree in any discipline

• Not just finance and accountancy• The right attitude and skills are critical…

Employers want…• Positive, can-do attitudes• Strong communicators• High standards of accuracy and numeracy• Solid problem solving skills• The capacity to work to strict deadlines• Ability to work within and contribute to a team• Take ownership for own work• Influencers, negotiators, future leaders….

In return they offer…• Excellent training and development• Opportunity to build a long-term career • Working in a fast moving global industry• Learning all the time, being challenged• Skilled jobs using up to the minute technology• Competitive salaries• Great benefits; e.g. pension, healthcare, bonus

Where to find more:www.sio.org.uk