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Risk Management |
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Risk management recruitment undermined by Eurozone uncertainty
At the start of 2012 the risk recruitment market is balanced between Eurozone inspired uncertainty and the need to maintain adequately staffed risk management departments.
The demand for risk managers and therefore the number of vacancies fell in the second half of 2011. This was common across operational, credit, market and liquidity risk. Whilst some areas bucked the trend, there cannot be a presumption that when risk mangers leave their positions they will be replaced. However, of greater significance appears to be the lack of confidence to recruit. Companies, even when demonstrating the desire to recruit by registering vacancies and conducting interviews, have seemingly become more reluctant to make offers of employment. An improvement in confidence which would come from some form of closure on the Eurozone debt crisis would change sentiment and provide traction in the risk management recruitment market.
In spite of a raft of new regulation and initiatives, in an environment where revenues will continue to be under pressure, it may well be a question of risk departments making existing resources stretch further during 2012.
For more information on the risk management recruitment market, visit: Risk Management Market Report
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For a more detailed picture of the current risk recruitment market, please contact Matt Brown mb@barclaysimpson.com, Peter Whyte pw@barclaysimpson.com, Antony Berou ab@barclaysimpson.com, Amanda Walker alw@barclaysimpson.com or James Cook jc@barclaysimpson.com on 020 7936 2601.
Barclay Simpson is committed to equality of opportunity and promotes diversity. All applications for positions advertised on behalf of our clients will be accepted and reviewed solely on merit. To view our Equal Opportunities & Diversity Policy, please click here. |
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