One critical aspect of the IRB (Internal Ratings-Based) program that often goes unnoticed in discussions about IRB or IRB repair programs is the recruitment challenge. In this blog, we will explore the costs and challenges associated with recruiting credit risk professionals in the UK and the key questions that organisations should consider when building their
Is risk management in high demand? Risk management within the financial services sector is indeed in high demand. The financial services industry has historically placed a strong emphasis on risk management due to its inherent exposure to various types of risks, including market risk, credit risk, operational risk, and regulatory compliance risk. As a Risk
Introduction In the dynamic world of finance, the realm of risk recruitment plays a pivotal role in ensuring that financial institutions are well-equipped to manage and navigate the ever-changing landscape of risks. The risk recruitment market has proven resilient and continues to grow, driven by several key factors. In this blog, we will explore the
In the dynamic world of finance, where strategies evolve, markets shift, and regulations change, the pursuit of continuous learning is paramount. For seasoned professionals in risk management or structured finance, the question of whether to undertake a Master of Business Administration (MBA) can be both enticing and perplexing. This blog delves into the pros and
3 Critical Boxes to Tick Securing a job interview at a Big 4 consultancy is an achievement in itself. The journey to success, however, doesn’t stop there. The competitive landscape demands that candidates stand out not only through technical prowess but also by demonstrating exceptional consulting skills and a broad knowledge base. This is especially
In the dynamic world of financial services consultancies, senior candidates, such as Partners and Directors, play a pivotal role in shaping the firm’s success. From risk management to regulatory affairs, structured finance, data analytics, and financial restructuring, these consultancies require top-tier talent with a unique blend of skills and expertise. What are the key attributes
In times of economic uncertainty, rising interest rates, a cost of living crisis, and soaring inflation, financial institutions face a unique set of challenges in crafting an effective credit acquisition strategy. The interplay of increasing demand for credit and elevated risks presents both opportunities and pitfalls for lenders. This blog delves into the crucial considerations
In recent times, the landscape of work has undergone a significant transformation, driven by technological advancements and the global pandemic. Remote work and flexible arrangements have become the new norm for many professionals, including those in the financial services industry. Employees who have enjoyed the benefits of a fully remote or highly flexible work environment
Preparing for a job interview can be nerve-wracking, but with the right approach and mindset, you can make a lasting impression on your potential employer. While there are numerous tips and tricks to excel in an interview, certain aspects are simply non-negotiable. In this blog, we’ll discuss the five essential interview tips that will help
The landscape of financial services in the UK is experiencing a significant shift in terms of wage inflation. As wider inflationary pressures bite, pressures on salaries across organisations have risen. However, the response to wage inflation has not been uniform, leading to a much wider distribution of salaries within the industry. While some companies have
