The number of new financial services job vacancies in London fell by 5% in November, on October figures, according to the latest Morgan McKinley Employment Monitor.

The Monitor also reveals the figures were 9% up on November last year, while the number of new professionals entering the City jobs market rose by 3% month-on-month in November.

Meanwhile, the number of new professionals interested in changing roles increased by 22% compared to November last year.

The time-to-fill roles fell by 11 days in November on the previous month.

Andrew Evans, managing director, Morgan McKinley Financial Services, says: “The fall in new jobs available across the financial services sector in November 2010 is not surprising and is consistent with the time of year when recruitment activity traditionally slows ahead of bonus payments.

“As 2010 draws to a close, hiring managers will likely prioritise only those roles which must be filled before the Christmas break, waiting until the new year to release further jobs. In addition, the general trend for increased recruitment activity across the sector this year suggests that the start of 2011 will see a rise in job availability compared to Q4.”