The financial services sector in Scotland is internationally recognised as the most significant in the UK outside London, with a wide range of services including; banking, fund management, insurance, life assurance and pensions, asset servicing and professional services. It employs over 160,000 people in Scotland and generates around £12bn for the Scottish economy.
The sector remains a vital contributor to the overall success of the economy of Scotland as a whole, due not only to the number of people it employs and direct contribution to output, but also because of the impact the sector has on private sector growth.
As a leading centre for banking, retail savings and pensions, investment, professional services, and asset servicing, the strength of Scotland’s financial services industry lies in its diversity of offering. With the sector comprising large multinationals alongside a range of highly successful indigenous financial services companies, the Scottish financial services sectors offers an exciting business environment requiring a highly skilled workforce. The continuing structural change, increased regulation and movement of many financial services to Scotland, has resulted in a wide portfolio of both permanent and contractor roles to offer.