Released on: September 8, 2008, 1:14 am

Press Release Author: Mary Waldron

Industry: Financial

Press Release Summary: Pasadena, CA — The weakening economy has been hard on the
finance job market, but there is some good news for finance professionals.
BankingandFinanceCrossing (www.bankingandfinancecrossing.com) recently reported a
slow improvement in the job market for finance professionals. The banking and
finance job board has seen a rise in demand for finance professionals in recent
weeks, with the site’s total job count now standing at 42,000.

Press Release Body: \'\'We have seen more and more employers posting finance jobs on
our site,\'\' says A. Harrison Barnes, CEO of BankingandFinanceCrossing. \'\'Some of
them are even paying more than the market rate, especially those with managerial
openings.\'\'

Backing this finding is a survey by the outplacement consultancy firm Challenger,
Gray & Christmas Inc. The survey reports that the financial sector saw just over
2,000 job cuts in August compared to over 15,000 in July and more than 35,000 in
August of 2007. In fact, the August cuts were the lowest number of job cuts since
July of 2007, when the finance industry was just beginning to feel the effects of
the mortgage crisis.

\'\'Although the financial services industry remained the biggest job cutter this year
— with over 100,000 in layoffs — this is the least is has lost in months. The
industry might actually be stabilizing,\'\' adds Barnes.

Another survey by recruiter Ajilon Finance and the Institute of Management
Accountants found that 65% of the accounting and finance professionals polled think
that there are currently more, or just as many, job opportunities available as there
were a year ago.

\'\'There are thousands of finance job opportunities, if one knows where to look.
BankingandFinanceCrossing is helping finance professionals in locating all the
hidden openings,\'\' says Barnes.

According to Barnes, the most searched job titles on BankingandFinanceCrossing in
the last few weeks have been:

* Banking analyst jobs (7,048)
* Finance manager jobs (5,897)
* Banking jobs (4,868)
* Finance jobs (3,669)
* Mortgage banking jobs (1,433)
* Investment banking jobs (1,189)
* Finance director jobs (1,068)

\'\'The present job market is a tricky one, and various professionals are having
trouble in the current economic scenario. BankingandFinanceCrossing monitors all
employer websites (over 250,000) and other resources to post jobs that are not
mentioned on any other job board,\'\' adds Barnes.

For more information on BankingandFinanceCrossing, please visit
www.bankingandfinancecrossing.com.

Contact:
Mary Waldron, Editorial Coordinator
BankingandFinanceCrossing
626-243-1821
maryw@employmentcrossing.com

About BankingandFinanceCrossing

BankingandFinanceCrossing is an affiliate of EmploymentCrossing, a powerful and
comprehensive organization dedicated to helping professionals find jobs that will
enhance their careers. BankingandFinanceCrossing consolidates every finance job
opening it can find in one convenient location. The website also offers a seven-day
free trial to new members.

Web Site: http://www.bankingandfinancecrossing.com/

Contact Details: Contact:
Mary Waldron, Editorial Coordinator
BankingandFinanceCrossing
626-243-1821
maryw@employmentcrossing.com