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Risk jobs up nationally by 9% PDF Print E-mail
Friday, 17 April 2015

The number of risk jobs advertised in the first quarter year-on-year rose by 9%, according to research from specialist recruiter Robert Walters.

Figures from the Robert Walters UK Jobs Index, which charts vacancy numbers posted to online platforms, have revealed that the increase in demand for risk professionals is a national phenomenon, but the greatest increase in demand was seen in the Northwest, at 24% year-on-year.
London saw a rise of 11% while the number risk jobs advertised in the Midlands grew by only 1.1% over the same period.
Anna Purves, Risk Recruitment Manager, Robert Walters comments:

“Following a slow start to the quarter, attributable to the bonus season, the risk job market has picked up significantly. Hiring plans established in 2014 were put into effect this quarter leading to a busy period in recruitment for most institutions. Increased pressure from regulators has been the catalyst for most employers to expand their risk teams, as has the consolidation of individual banking entities into global wholesale functions.

“Risk professionals at Associate and AVP level have been most in demand, particularly in the Market Risk and Quant fields. Market risk in particular saw a spike in the number of permanent positions around regulatory projects and change, a field usually dominated by contract roles. These teams have become increasingly important given the regulator’s continued focus on capital usage.
“With growth across the North outstripping London, many professionals would do well to consider whether opportunities available outside the Capital could offer them better career advancement or an improved work life balance.
“While financial services is a sector typically associated with London, the demand for risk professionals in particular shows that many companies are committed to expanding their presence in the North.”

(Source - Robert Walters Press Release)





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