Risk and compliance vacancies in traditional banks are expected to decline by 17% in 2024 as banks prioritise stabilization amidst changing market conditions. In contrast, fintech companies are projected to see a 28% rise in such roles, with 1,000 new positions anticipated.
The UK job market for Risk and Compliance roles is undergoing a significant transformation, with the fintech sector leading the charge. Risk and compliance vacancies within the banks are projected to experience a 17% drop in 2024 as banks focus on stabilisation in response to shifting market conditions.
With a new Government in situ, last week we organized a private breakfast, with some of the leading recruiters in London, to discuss how the budget and Trump’s victory are likely to impact the London economy going into next year. Financial Services is so critical to the UK, that even for recruiters who are working in other areas, how the industry performs is of key importance. Read on for more.
New recruitment data reveals a significant shift in UK hiring trends, with regional distinctions and sector-specific demands emerging. Overall vacancies have risen by 3.6%, reaching approximately 237,187, with London leading the charge—a projected 14.4% increase in finance vacancies indicates a concentrated demand in the capital.
The Finance Forum is a monthly breakfast event, for business owners and senior executives who are interested in the latest economic trends, in terms of what it means for the London labour market, specifically within Finance.
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