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Saturday 30 July 2011

Bank jobs in peril as global debt crisis pinches profits WEF Job Bank - Job Opening Plant management superintindent Plant

UK's big-name banks expected to put thousands of jobs at risk as profits are hit by the US and eurozone problems
HSBC first half profits
A woman uses a cash point machine at a HSBC bank in the City of London. The bank reports its first-half results on Monday. Photograph: Andrew Winning/Reuters

Britain's leading banks will put thousands of jobs on the line this week when they announce first-half figures dented by the lack of trading activity caused by the parallel crises in the eurozone and the US.

Exposures to the sovereign debt crisis will be scrutinised, as will any indications of the cost of "ringfencing" high-street businesses as recommended by the independent banking commission. Provisions to compensate customers mis-sold payment protection insurance will also hurt results, particularly at Lloyds and RBS.

HSBC, which employs 300,000 globally, reports on Monday, when its new chief executive, Stuart Gulliver, is expected to take the first steps towards broadly admitting the scale of job losses if he is to save $3.5bn (£2.14bn) within three years.

Barclays may also indicate that jobs will need to go, as analysts reckon its investment banking arm, Barclays Capital, will have been hit by the downturn in the markets.

Analysts at Credit Suisse are estimating an 18% fall in revenues at BarCap in the second quarter.

They also believe that investment banking revenues will be hard hit at bailed-out Royal Bank of Scotland.

Other banks with major investment banking arms such as Credit Suisse and UBS signalled job cuts last week.

Lloyds Banking Group, due to report on Thursday, has warned that 15,000 posts will be cut.

Analysts at Morgan Stanley believe UK banks will find profitability squeezed by higher funding costs in the wholesale market and the low interest environment, although impairment charges should be improving. Ireland, though, remains a concern, as does Barclays' exposure to Spain.

HSBC's profits are forecast to be flat around $11bn (£6.7bn), Barclays' at £2.4bn, while analysts at Credit Suisse expect RBS and Lloyds to make losses.

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Since 1992, San Antonio Water System, a municipally owned utility, has provided leadership in managing and developing water resources in the San Antonio region. Water and wastewater services are provided to more than 1 million consumers in the San Antonio area. As stewards of our community’s water supply, we are committed to serving our region with precision, efficiency and innovation. Our efforts not only assure a bright economic future for our community, but also help sustain the vibrant-yet-relaxed lifestyle that makes San Antonio such a unique and inviting place to call home


Job Description
The Director is responsible for one or more program areas devoted to the maintenance services related to the support of major water recycling centers or water treatment facilities, potable water systems, non-potable water lift stations, odor control or recycle water systems. The Director provides oversight, management control, and overall direction for all work activities within the assigned program scope.

San Antonio Water System offers a generous salary and benefits package that consists of health and life insurance, competitive retirement plans, vacation, sick leave, paid holidays and educational assistance. San Antonio Water System takes to heart our core values and provide a positive work environment for our employees to support their career growth. To learn more about the company please visit our website at http://www.saws.org/


Requirements
MINIMUM REQUIREMENTS * Bachelor’s degree in Science, Engineering, or Public Administration, or related field from an institution accredited by a nationally recognized accrediting agency. * Eight years’ progressively responsible experience in budgeting, management, supervision, design, operations and construction in a large industrial environment or utility environment with wastewater facilities 20 MGD or larger in rated capacity. Must include five years of supervising personnel, project development, budgeting, and strategic planning in a 24 hour operating environment. * Proficient in the use of word processing, spreadsheet, database, maintenance management, presentation, and financial software. * Valid Class “C” Texas driver’s license consistent with SAWS driving policy. PREFERRED QUALIFICATIONS * Master’s degree in Science, Engineering or Public Administration or related field from an institution accredited by a nationally recognized accrediting agency.

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