Finance hiring gains momentum across key banking segments, report says

Banks prioritise tech and planning roles in hiring push.

Renewed momentum in private banking, retail wealth, and investment banking verticals—such as FICC and IPO-related activity—is shaping the 2026 hiring landscape in Hong Kong’s financial sector.

Stabilising capital markets, evolving regulatory requirements, and ongoing digital transformation projects are driving demand, according to a Hays report.

Organisations are prioritising roles that strengthen financial planning, commercial insight, and technology adoption.

Demand remains high for hybrid professionals who combine accounting expertise with digital capabilities in data analytics, automation, and artificial intelligence.

Intermediate-level roles are the hardest to fill, with persistent shortages in compliance and risk functions.

Employers are responding by diversifying hiring strategies, combining permanent recruitment with project-based and contract roles to bridge talent gaps.

In terms of compensation, private banking department heads command packages starting from $3m, whilst senior relationship managers earn between $1.5m and $2.5m.

Corporate banking department heads receive at least $1.8m, whilst heads of commercial banking earn from $1.6m and SME banking heads from $1.2m.

Back-office directors in treasury, fund operations, and securities services earn between $900,000 and $1m.

In retail banking, regional managers command at least $1.2m, whilst branch managers earn between $720,000 and $1.2m.

The report also noted that professionals in Hong Kong are placing greater emphasis on benefits, managerial support, and flexible work arrangements amidst rising concerns over job security.