WELCOME
....to the 15th edition of House where the summer slowdown doesn’t appear to be affecting the growth in the regulatory sector. We are seeing several European Investment Banks increasing their AML functions, large corporates hiring dedicated compliance officers both globally and regionally and the growth in the fin-tech sector has created new opportunities…
Is Asia a desirable location anymore??
...After a recent Arion House trip to the UK, numerous European clients in financial services are reporting similar issues that our clients in Asia are facing with regards to a lack of talent in the AML and KYC space. As our Asian clients look to hire from overseas,
many of the candidate base that we met seemed less inclined when asked if they would move to Asia, compared to previous years. The main reasons cited was the worry of volatility in China, pollution, the perceived cost of living and schooling in the region, it seems Asia is no longer a goal for many...we disagree, it’s great here!
The Fin-tech Dilemma?
Would you move to a Fin-tech firm now? Less regulation, more entrepreneurial atmosphere, in growth phase and more fun! ..however we have started to see some warning signs and some high profile failures such as POWA Technologies mean that although on the face of things Fintech’s are the way forward, there are some major considerations that need to be taken. Either way, the growth in regulation in this sector means more hiring is on the horizon.
What is Cyber?
‘Cyber’ is a common theme we have discussed over the last month and it seems that cyber threat is at the top of any board’s agenda. However what hiring is actually needed? Feedback we have received is that combatting the cyber threat is a step into the unknown for many firms. Who do you hire? How many people do you hire and where do they sit in the business? We anticipate some interesting moves and plenty of mistakes over the next 18 months, but one thing is certain, there will be more hiring...