Connect for Intermediaries has signed the Women in Finance Charter and has been accepted by HM Treasury as a signatory.
Connect for Intermediaries was founded and is run by CEO Liz Syms. 53% of Connect’s staff are female, including 33% of its management team. Liz has long been a pioneer in the mortgage industry and won an award for Best Woman in the Mortgage Industry earlier this year at a prestigious industry event.
In addition, Connect has been proactive in mentoring its female staff, alongside its male staff, actively supporting females to help them to grow into more senior roles. Connect’s aim is to encourage diversity across the whole company, motivating more women into sales roles and men into case management roles where appropriate. Connect also offers flexibility for all the team in relation to working hours while supporting a family.
Connect has also signed up to AE3 Media’s Women’s Executive Finance Forum (WEFF) sending female members of the team to events which support women who want to succeed and grow, providing them with access to training, inspirational speakers and support.
The Charter commits to support the progression of women into senior roles and asks financial services firms to commit to implement four key industry actions:
- Having one member of the senior executive team who is responsible and accountable for gender diversity and inclusion;
- setting internal targets for gender diversity in senior management;
- publishing progress annually against these targets;
- having an intention to ensure the pay of the senior executive team is linked to delivery against these internal targets on gender diversity
Liz Syms, CEO of Connect for Intermediaries, said, “I fundamentally believe in what the Charter is trying to achieve. Many of the things that the Charter asks for are standards that we have had in place for some time, so it made perfect sense to sign up to it formally. Increasing the number of senior women in the mortgage market is incredibly important, not only because it is the right thing to do but also to reflect the borrowers that we see every day.”
Women in Finance Champion, Dame Jayne-Anne Gadhia, said, “I’m delighted to see the Charter continue to grow. It’s the businesses that address their culture and understand the power of diversity that really succeed. The top quarter of businesses on gender diversity are 21% more likely to have above-average profits than the bottom quarter. So, this is not just the right thing to do socially, it’s the right thing to do for business.”