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
In the fast-paced and interconnected world of finance, operational resilience has emerged as a critical aspect of risk management. With financial regulators such as the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA) placing increasing emphasis on operational resilience, financial institutions are witnessing a significant transformation in their risk functions. This blog explores
Introduction In the fast-evolving landscape of finance, data-driven decision-making has become paramount, especially in the realm of credit risk management. As financial institutions grapple with growing volumes of data, the ability to extract meaningful insights efficiently is crucial. Python, a powerful programming language, has emerged as a go-to tool for data analysis, predictive modeling, and
Introduction: Private credit has emerged as a crucial component of the financial landscape, providing an alternative source of funding for businesses beyond traditional banking channels. In the UK, this type of lending has experienced significant growth over the years, attracting both banks and funds to tap into this lucrative market. However, recent changes in interest
I spoke with Alain dos Santos to looking at issues facing risk management for 2021. Alain is founder and CEO of an independent boutique consultancy firm called Neofin Advisory. Neofin advises banks and asset managers in four key areas: i) strategy and organisation, ii) sustainable finance, iii) risk and regulation, and iv) data analytics and
Love of Chess and the attributes of a good risk manager Why I love chess, and why you should too The Love of Chess and the attributes of a good risk manager… Patience, strategic thinking, calmness under pressure; not just the attributes of a good risk manager but also what I fail to deploy when
French or Filipinos? Indian or Italian? The potential changing landscape of post-Brexit risk recruitment. For as long as I have worked in risk recruitment (which is a long time!), there has been a skill shortage particularly for more quantitative roles. The UK does not produce enough STEM graduates to meet the demand within the UK. The
