Commerce & Industry
Compliance and risk management opportunities continue to grow across many industry sectors. Typically these roles have been newly created and either represent the company’s first dedicated risk position or is in addition to a sole risk or compliance officer. Heavily regulated industries such as pharmaceuticals and telecommunications have recruited such in-house expertise. Further, we have seen large publicly listed companies that offer financial services or products as an adjunct to their core business also recruit in the space to comply with licensing obligations. Corporate compliance roles, not surprisingly, are often secured by candidates from the banking and financial services sector. This reflects the lack of specific industry compliance experience available and the expectation that sector specific “up skilling” can be achieved quickly and relatively easily. We believe that this hiring trend will continue in the corporate compliance market.