CCR Magazine

Subscribe Here
You are here  :Home arrow News arrow Risk hiring under strain as candidate numbers fall short of demand
Contact Us Newsletter Signup RSS Feeds

Latest News Headlines

Headlines

 
Commercial Credit News

Headlines

 
Risk hiring under strain as candidate numbers fall short of demand PDF Print E-mail
Wednesday, 18 March 2015

City employers are waging an uphill struggle to increase risk headcount, according to fresh data highlighting the extent to which vacancy levels are outstripping candidate supply.

The findings of the February 2015 City Jobs Index1, launched today by specialist recruiter Robert Walters, also illuminate the squeeze on candidate availability in other regulatory roles. In compliance, there are 2.5 jobs for every candidate.
 
Contract positions across the financial services industry as a whole are also suffering a candidate shortage, with 1.7 jobs per candidate.
 
Chad Lawson, Associate Director of Risk & Compliance Recruitment at Robert Walters, comments: “A buoyant economy, low candidate availability and the weight of new regulation has intensified the ‘war for talent’ among employers looking to boost the size and potency of their risk function. Rising demand in specialist areas such as operational risk modelling, stress testing and quantitative analysis all reflect these trends, magnifying the problem of talent shortages and leading to aggressive counter-offers from both current and prospective employers.”   
 
Confidence heading in the right direction
 
Across all professions, the Index records 10,560 job opportunities in the City in February, a year-on-year increase of 12% and a month-on-month rise of 8%, a robust indication of rising business confidence.
 
Chad Lawson continues: “While fewer candidates moved jobs during the recession, this caution has fallen away in as the flow of new opportunities opens up again. On the whole, employers who demonstrate the greatest flexibility on pay and benefits – or move quickly from interview to offer – are those proving most attractive to job seeking risk candidates.” 

(Source - Robert Walters Press Release)
 

 

 Forums International Ltd

Forums International Ltd

 Attendance at your first meeting is free of charge, and please quote reference 'CCR2016' to receive the special 10% discount off of your first annual subscription.

Find out more here.

latest issue

CCR Cover

The latest edition of CCR Magazine, the leading editorial publication in the UK credit industry, is out.

Read the latest issue online

CSA

subscriptions

CCR is the premier magazine for consumer and credit professionals. It provides an independent voice to the industry, breaking major news stories and running in-depth features.

As a magazine, it works with and campaigns on behalf of the credit industry to promote its importance as a centre of potential profit and business development to the wider business world.

Subscribe to CCR Magazine

CCR World Magazine


 

Providing information and analysis for thousands of senior credit professionals worldwide, every quarter.

Find out more

GTS Media Ltd
81 Cambridge Road
Southend-on-Sea
Essex
SS1 1EP

Registered in England No: 05483197