The findings of the survey are supported by the Robert Walters Job Index, which tracks movements in quarterly job volumes. According to the Index, the number of advertised compliance roles in the fourth quarter of 2013 was 22% higher than a year earlier.
Chad Lawson, Associate Director of Compliance Recruitment at Robert Walters, says:
“With many institutions having spent the year investing heavily in compliance infrastructure, 2014 is the year when these teams will be expected to shape a roadmap for growth.
“Innovation is emerging as critical to increasing revenues, requiring a compliance function that is readily able to advise on the implications of new products and services.
“As a result, competition for experienced professionals is set to become even more intense. Those who can twin a commercial mindset with excellent regulatory knowledge will be in particularly high demand.”
