Risk, compliance professionals in high demand
Manpower Group’s 2019 Net Employment Outlook reported financial advice firms weren’t necessarily looking to expand their businesses right now, but wealth management job recruiter, SUPER Recruiter, has said risk and compliance officers are still in high demand.
SUPER Recruiters’ executive director, Sally Humphris, said the firm was experiencing the greatest demand from businesses seeking to acquire talented and experienced individuals in risk, compliance and governance functions, as well as data security.
“We can’t get enough professionals and are actively seeking well-experienced, proven people,” she said.
Humphris said the consequences of the Banking Royal Commission, combined with economic pressures and changing consumer preferences, meant that wealth managers required better risk and compliance insights.
Recommended for you
With regional and rural suburbs exhibiting high spare capacity to invest, Money Management speaks to three regional advisers on the opportunities beyond the major cities and the importance of a strong network.
Platform consolidation is expected to accelerate among financial advisers this year, as software company Finura pinpoints which two platforms are set to be the winners, thanks to this trend.
The software provider has made several appointments in its APAC wealth propositions team, with a focus on driving growth across digital advice, Xplan and strategic partnerships.
The platform has announced it plans to close its Xplore managed discretionary account service in 2026 which holds $2 billion in funds under administration.