2015 was a record year for hiring, buoyed by regulatory pressures and external market factors, resulting in a number of hires across the board. This report will showcase the highlights and our expectations for the rest of 2016.
Advisory recruitmentRecruitment within front office compliance advisory has been buoyant throughout 2015. Most, if not all, investment banks have been hiring, most noticeably bolstering their FICC teams. This high level of recruitment has continued moving into H2. The investment banks with larger teams have been recruiting those with
AML and Financial Crime RecruitmentThroughout March, the AML and financial crime market remained buoyant and an area of high demand. Managers across multiple banks continue to look to increase headcount with good quality candidates, especially candidates that have taken the opportunity to do specific diplomas including the ICA AML
With the job market picking up, you might be thinking about making the move, and whilst you wait for the dream job opportunity to appear, there's no time like the present to start practising for the interview!
KYC RecruitmentThe month of January proved quiet within the KYC space. There were a few contract positions but stagnant in the permanent space. With projects currently being signed off, we expect this to change for both contract and permanent recruitment coming into February with a number of the larger institutions getting sign off in the
AML RecruitmentAML remained busy over the festive season with vacancies from analyst to director level. At present sanctions experience is a key determining factor when firms highlight desirable skill sets. Not only this but candidates who have proven experience in interpreting regulations into policy have found themselves in demand. Many Tier 1
The consequences of the individuals who illegally manipulated the Forex rates between banks were colossal with £2.6 Billion in fines slapped on the culprits firms.Using code names such as “The 3 Musketeers”, “The A-team” and “1 team, 1 dream” (I imagine these were their pub quiz names also) they made vast sums of commission by colluding over chat