Compliance
Business compliance is a vastly complex area of the working world, and as a result, it’s home to a huge array of roles and responsibilities. Navigating the ever-evolving regulatory laws can be extremely difficult without the help of a talented and dependable compliance function, especially when the evolution of modern tech changes the face of business on what seems like an everyday basis.
Compliance jobs can include titles such as ethics officer, compliance manager, financial compliance officer, compliance monitoring administrator, and many others. In the business protection space, many roles tend to overlap. From increased productivity to greater rates of employee satisfaction, a great compliance function doesn’t just benefit the backend of the business, it enriches every aspect of the operation.
Investing in compliance shows that business cares about the employees and the safety of the brand, acting as a good morale booster and an extra line of defence against outside (and inside) threats. In the financial sector, compliance professionals are responsible for ensuring that markets are as fair and transparent as possible, while making sure to adhere to any outside regulatory requirements. Without the talents of these individuals, organisations would not be scrutinised for unethical practices, and ultimately, the consumer is the one who pays the price.
In the UK, financial compliance is monitored incredibly closely – failure to comply with the stringent regulations can result in more than just substantial fines. Poor compliance practice can leave companies susceptible to lawsuits and open to financial crime.
There are many different types of financial compliance risk to watch out for too, five of which include:
•Liquidity Risk
•Credit Risk
•Legal Risk
•Operational Risk
•Investment Risk
To ensure that your business remains compliant as it evolves, you’ll need to have the right people on board.
A great compliance officer makes sure that your processes keep in line with every regulation, both internally and externally, and that your business keeps up with the times. Compliance professionals are in demand right now, particularly in the legal and financial sectors, but there are many different fields to work in, so don’t be afraid to look further afield if you’re searching for a rewarding new career.
At Broadgate, we specialise in placing compliance talent into roles where they can truly thrive, and we take a people-first approach to recruitment to ensure that all our candidates have the chance to progress in an environment that they belong in. Our DEIB-led hiring methodology, our expansive community network of talent, and our industry expertise have enabled us to help people find their dream careers in industries all over the planet. If you feel like now is the right time to jump into a new role, then we can support you along every step of the way, just reach out to the team, we’re happy to help.
Conversely, if you’re the one doing the hiring, then we can help find you the talent that takes your team to the next level. We have a wealth of experience in hiring compliance professionals in both an interim and a permanent capacity, from the executive level all the way through to junior compliance jobs.
Business Enablement and Business Recruitment specialists in London
London has firmly positioned itself as the Fintech capital of the world. Not only does the city boast more fintech funding than New York (around $140 billion), but it’s hope to the largest number of fintech companies anywhere. The 1,886 fintech businesses employ approximately 44,000 people, making it a competitive space for those wishing to thrive in one of the world’s most exciting industries. It's not just fintech that’s booming in the big smoke – countless sectors in the world of business protection and business enablement are growing substantially.
Dubbed as the business capital of Europe, London has the biggest tech market (over 250,000 people work there) and one of the strongest economies globally. The city is rife with opportunity for anyone searching for jobs in finance, legal and compliance, transformation and change, accounting and audit, and risk and analytics, to name just a few. Due to the higher base-level salaries that the city commands, it’s popularity, investment opportunities, and many other deciding factors, the talent market can be extremely difficult to navigate.
Here at Broadgate, our specialist consultants been delivering recruitment solutions in London since 2015, and in that time, we’ve worked with many of the world’s biggest brands. Our Broadgate London team is currently based in Farringdon, a haven for business, food, and the arts. While we wholly embrace the best of flexible working, we know that positioning our physical presence in the heart of the action is still crucial to success in today’s world.
London’s has a unique advantage in the business world due to its time zone. It overlaps with a host of other financial markets, and for a global-facing company, leveraging this advantage is a must. If you’re looking for jobs in London, or you’re hoping to source the top business protection and business enablement talent for your own business, then Broadgate are here to help.
From junior compliance roles, all the way through to executive-level finance jobs in London, we can source talent for incredibly niche positions, and we use a community-led hiring methodology to do it. Our vast talent network, combined with our people-first philosophy, enables us to access the widest possible candidate pool. In a talent-short market, turning to the services of a third-party recruitment agency can help you save a huge amount of time and money. In the realm of business protection and business enablement recruitment, getting your hiring right the first time is essential.
In London, a bad hire can end up costing your business over £50,000, but if you’re hoping to fill the top senior positions, this number can increase significantly. By outsourcing your hiring function to a dependable partner with a proven track record, you don’t have to worry about scrambling to find talent.
If you have any questions about our hiring processes, our community partners, our past projects, our impact report, or our DEIB (diversity, equity, inclusion and belonging) methodology, please get in touch with the team today, we’re here to help. We may have started our journey in London, but we’ve since expanded to open offices in Manchester, Los Angeles, Zug, Dublin and Boston, enabling us to fully extend our global reach and source the best candidates from around the world.