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Wanted: C-suite and specialist talents to serve ultra-rich

More job postings for roles; recruiters say Q1 ads up around 20% year-on-year

Wong Chia Peck
Published Sun, May 18, 2025 · 05:23 PM
    • As Singapore's wealthy invests more in private markets, banks and financial institutions are stepping up their hiring of staff with such expertise.
    • As Singapore's wealthy invests more in private markets, banks and financial institutions are stepping up their hiring of staff with such expertise. PHOTO: TAY CHU YI, BT

    [SINGAPORE] As demand for alternative assets is heating up in Singapore, so too is the need to hire more staff versed in the field. Leading recruitment agencies saw more openings for such roles in the first quarter of 2025, with Robert Walters and Randstad reporting a year-on-year increase of nearly 20 per cent in the number of such job postings in the city-state.

    To diversify their portfolios, family offices, ultra-high-net-worth (UHNW), and high-net-worth individuals are turning towards alternative investments – a broad class spanning unlisted assets including private debt, private equity (PE) and real estate.

    The increase in job postings is “attributed to higher demand for senior talent in origination and structurer, as well as associates and analysts to support due diligence in deals”, Lim Chai Leng, general manager of banking, life sciences, construction and property at Randstad Singapore, told The Business Times (BT).

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