Singapore's most in-demand jobs 2019

[Sdf4786k]

What will be Singapore's most in-demand jobs for 2019.

 

Good time to take stock on where the sunset industry is and which job to switch to. Just that there is no plotted map for someone to refer to in order to get there other then the security pathway.

 

 

 

https://www.straitstimes.com/business/economy/what-will-be-singapores-most-in-demand-jobs-for-2019

 

SINGAPORE - Singapore hiring is likely to see stable growth in 2019, with top jobs in demand to be analytical and data-driven in nature, according to the latest annual salary survey by recruitment firm Robert Walters.

These include data scientists, product management, user experience (UX) designers, and digital roles, with cyber security to remain a major focus, in the wake of recent high-profile cyber attacks in Singapore.

The report also found that job movers in Singapore can expect pay increments of 5 per cent to 15 per cent in 2019, and larger hikes can be expected for candidates with specialised skill sets in IT, digital and financial services.

Among employers, human resource (HR) professionals with strong experience in HR technologies, as well as talent acquisition professionals for the technology sector will be sought after.

Hiring levels for jobs in financial services will also remain positive, with a continued focus on technical and commercial skill sets. Demand will be high for skilled contracting professionals, trade finance professionals in corporate banking, investment and research analysts, and IT professionals in the financial services sector, said Robert Walters.

In addition, sales and marketing professionals with big data, digital, e-commerce and transformation experience will be in increasing demand as companies continue their digitalisation efforts.

With a limited talent pool, competition will intensify for specialists such as Singaporeans qualified with international and cross-border experience and knowledge in areas such as product management, technology law and blockchain, as well as supply chain and procurement professionals with niche skill sets.

According to Robert Walters, the accounting and finance sector will see a demand for professionals with tax compliance and change management expertise, with skill sets in demand including a strong technical understanding and familiarity of regulatory rules, stakeholder engagement and management skills.

In the engineering sector, more jobs are expected to emerge as oil and gas prices recover, said Robert Walters. Strong demand is anticipated for professionals in the semiconductor, medical devices, consumer electronics and manufacturing industries, especially in the research and development departments.

"The best candidates look for roles they can grow into. Employers who can demonstrate that they have the right teams and systems in place to support a candidate's success in a role are better positioned to secure top talent," said Mr Rob Bryson, Robert Walters managing director for Singapore.

 

 

 

Edited February 27, 2019 by Sdf4786k

[BanCoe]

I wonder what a data scientist does ..... i really wonder but must be interesting how they juggle figures and invent yet another new toxic product to market ??

[Sdf4786k]

I wonder what a data scientist does ..... i really wonder but must be interesting how they juggle figures and invent yet another new toxic product to market ??

Its a long long road

 

U must be good in maths.

 

Add a bed

Minus the clothes

Divide the legs

Multiply

 

Also have to take up tableau ( Data visualizer) and R language.

 

https://www.lsbf.edu.sg/dda/??source=google&medium=cpc&campaign=dda-singapore-search-text-ad-3&term=data%20analytics%20course&device=c&network=g&creative320238651818&gclid=Cj0KCQiA5NPjBRDDARIsAM9X1GLaPbSv2AYr1k7La8y0kMa1gNiHIH0NMjHMV4Ae2MFXjNFT0pvhevQaAkPwEALw_wcB

 

Data Analytics Preview Talk

7 March 2019

7PM

3 Anson Road, Springleaf Tower, #06-01, Singapore 079909

 

 

Using a set of Data Mart and funnel it to get the forecast. Quite useful.

One of the banned products now for election.

brought to light by the US presidential election.

Edited February 27, 2019 by Sdf4786k

[Mockngbrd]

I no see my $$$$ le.... UX/UI designer here .  :P

 

But... as an aside, I'm grateful that what I studied almost 20 years ago has evolved and remained relevant today. 

I wonder what a data scientist does ..... i really wonder but must be interesting how they juggle figures and invent yet another new toxic product to market ??

Not just inventing new products, but more likely, optimizing existing products based on user data. 

Edited February 27, 2019 by Mockngbrd

[Angcheek]

They wan to train retirees to do these ? $500 study voucher from miw .

[Jamesc]

I thought the massage profleshional models job is in demand?

 

Got study grant also.

 

Because no wants to do it.

 

Everyday listen to the same stories.

 

Who cheong lah, who sleep with who lah, who got pregnant lah . . .

 

Edited February 27, 2019 by Jamesc

[BanCoe]

All this stuff only @angcheek or @Jamesc very good at 

Sounds like mass orgy science 

Its a long long road

 

U must be good in maths.

 

Add a bed

Minus the clothes

Divide the legs

Multiply

 

Also have to take up tableau ( Data visualizer) and R language.

 

https://www.lsbf.edu.sg/dda/??source=google&medium=cpc&campaign=dda-singapore-search-text-ad-3&term=data%20analytics%20course&device=c&network=g&creative320238651818&gclid=Cj0KCQiA5NPjBRDDARIsAM9X1GLaPbSv2AYr1k7La8y0kMa1gNiHIH0NMjHMV4Ae2MFXjNFT0pvhevQaAkPwEALw_wcB

 

Data Analytics Preview Talk

7 March 2019

7PM

3 Anson Road, Springleaf Tower, #06-01, Singapore 079909

 

 

Using a set of Data Mart and funnel it to get the forecast. Quite useful.

One of the banned products now for election.

brought to light by the US presidential election.

 

[Sdf4786k]

this was in 2016

 

DBS Bank, which is shaping the future of banking, continues to blaze a path in the industry, including in the traditionally paper-based trade finance business.

The bank said today that working in partnership with A*STAR’s Institute for Infocomm Research (I2R), Singapore’s largest ICT research institute, and Cloudera, the leading provider of a data management and analytics platform built on the Apache Hadoop ecosystem, it has established a groundbreaking programme that will enable it to leverage big data technology to detect abnormal transaction activities in the trade finance space. Such a programme is a first for a Singapore bank.

Choong Yang Ping, Managing Director, Technology and Operations, DBS Bank said, “With global trade set to grow, and increased regulatory demands on anti money-laundering and fraud prevention, we believe in taking a proactive approach in enhancing our current risk management processes. This trade alerts programme has helped the bank create a more robust platform to detect trade anomalies. The bank is now able to use the big data to manage the overall transactional trends more effectively. ”

Prof. Dim-Lee Kwong, Executive Director, A*STAR’s Institute for Infocomm Research (I2R) said, “Our long-standing partnership with DBS highlights the importance of leveraging big data technology to build more robust data ecosystems for the financial industry and potentially help prevent financial crimes.”

While trade finance is a burgeoning business, it remains a paper-intensive industry involving manual processes. Traditionally, trade finance controls have also centred on the bank’s understanding of its clients, the nature of the transaction, documentary financing and credit monitoring. With this new trade alerts initiative, DBS is able to detect fraud anomalies through transactional trends instead of relying on checks on singular transactions.

The trade alerts programme was launched in April 2016 and these alerts are currently detected at the transaction level; over time, DBS intends to extend this to a customer portfolio view in real time. The trade alerts capability covers 13 locations across DBS Group. It was made possible with the partnership with Cloudera, using big data infrastructure first deployed 12 months ago.

“We are pleased to partner with DBS, a very forward thinking financial institution in Asia,” said Mike Olson, chief strategy officer and co-founder of Cloudera. “The finance industry is going digital and financial services companies like DBS are harnessing data to make informed decisions, identify trends and to stay ahead of competition. At the same time, financial services businesses face tremendous regulatory pressure from authorities to recognise and prevent fraud, to comply with international law and to reduce risks. Cloudera offers a fully secured and governed enterprise data platform that delivers more flexibility, more cost control and more value for these workloads than legacy systems. It is ideal for the needs and requirements of the financial service business. This is why the world’s leading financial service companies choose to work with Cloudera.”

Ng Peng Khim, Head of Institutional Banking Group Technology, Digital Innovation & Data Management, DBS Bank said, “DBS has invested in technology and people over the past five years and will continue to do so going forward. The use of big data technologies using open source programming and integrated analytics enables us to glean stronger insights for decision-making purposes.”

 

In other news

 

Standard Chartered PLC accelerated its restructure with plans for more cost cuts and said it would scale back in mass-market retail banking in some countries to focus on wealth and digital banking.

 

Some of the banks now know that to get productvity gain from 17% to 28% you have to go digital.

 

IT is not cheap. Just the spend for some of the bigger banks is 2bil to 4 bil annually.

 

But if you look into the books, whats is hidden away is the vast amount of external resources park under OPEX in the tune of 20,000 headcount. 

 

By cutting all this fats , there is a huge cost savings that will return it to profitability

 

 

Edited February 28, 2019 by Sdf4786k

[RadX]

 

 

yeah big data.....the in thing

[Tonyng]

bigdata.JPG

 

 

yeah big data.....the in thing

 

Most of this are BS. 

 

Ask them what have they done that is used routinely in practice. The answer will be usually be none. 

 

And if there were, ask them for details and why need AI and why simple maths and common sense cannot solve. 

 

And if they say they really need the AI program - ask them who is doing it for them and how they know the the quality of outputs - all will unravel. 

[RadX]

Most of this are BS. 

 

Ask them what have they done that is used routinely in practice. The answer will be usually be none. 

 

And if there were, ask them for details and why need AI and why simple maths and common sense cannot solve. 

 

And if they say they really need the AI program - ask them who is doing it for them and how they know the the quality of outputs - all will unravel. 

 

 

i dun disagree...it's all real fuzzy logic and predictive learning and deep learning is still very limited right now.  I see more of the scientists crunching data and the development of the datasets but still nothing concrete 

 

 

see in the next 20 yrs la

[Weez911]

Jumping a little ahead with respect to this topic...

 

If all the jobs are automated eventually, and ideally when all the humans are phased out...

 

Who is going to pay for all these products and services rendered by the robots? How are the end consumers (humans) able to afford to purchase anything when they are all out-of-jobs?

 

Yes we still have the ultra-rich bosses, but how many toothbrush do they need? Eventually they will be facing the crunch also because there are no one left to buy their products.

Edited February 28, 2019 by Weez911

[Mustank]

Jumping a little ahead with respect to this topic...

 

If all the jobs are automated eventually, and ideally when all the humans are phased out...

 

Who is going to pay for all these products and services rendered by the robots? How are the end consumers (humans) able to afford to purchase anything when they are all out-of-jobs?

 

Yes we still have the ultra-rich bosses, but how many toothbrush do they need? Eventually they will be facing the crunch also because there are no one left to buy their products.

Hahahaha like bicentennial man

https://youtu.be/z5YMEwX2-88

[RogerNg_185295]

BOUR MARKET

Proportion of PMET retrenchments hits all-time high

By: 

Kok Xinghui

14/03/19, 03:20 pm

SINGAPORE (Mar 14): Professionals, managers, executives and technicians (PMETs) accounted for a staggering 79.3% of retrenched residents in 4Q18, according to a labour market report released by the Ministry of Manpower (MOM) on Thursday.

 

This brings the total figure for retrenched local PMETs -- comprising Singaporeans and permanent residents -- to 75.8% of all retrenchments for 2018, the highest level since such data was first published by MOM in 2006.

 

Some 58% of retrenched residents had degrees, while 19.9% held diplomas. The bulk of the individuals who were retrenched in 4Q18 were aged 40 to 49 (34%) and 50 and over (33.6%).

 

Further, only 62.6% of PMETs found a new job within six months after retrenchment — falling below the 71.5% for clerical, sales, and service workers, and the 68.2% for production, transport operators, cleaners and labours.

 

The latest figures are in line with trends highlighted in a report on PMET retrenchments published by The Edge Singapore this week.

 

 

https://www.theedgesingapore.com/proportion-pmet-retrenchments-hits-all-time-high

[Angcheek]

See the $500 voucher is useful

[Throttle2]

Gotmany jobs meh

Why am i still unemployed?

All i want to to beat @radx in taxes

Plse help