Market update March 2023: Compliance & Financial Crime Risk
- 24 Apr 2023
In case you missed the T+O+M Talk video, here's a summary from Sophie Watson on recruitment activity for Compliance & Financial Crime Risk at the start of 2023.
There is lots going on in - the Royal Commission, increased regulatory security, various regulatory change across the super space and more recently privacy. Plus there have been the multiple enforceable undertakings by the banks and casinos!
There has been a shift in source of demand for candidates, away from big 4 banks towards mid-sized banks, mutuals and insurers who are likely to be the next targets for regulatory scrutiny.
This means roles with more exposure and less-siloing but in organisations that are at the start of their Risk journeys and salaries have levelled out
There is continuous demand for high calibre compliance and financial crime risk professionals, driven by the regulator, particular AUSTRAC.
If you would like to find out more, get in touch with a member of the Audit, Risk and Compliance Team.
You can watch the full video here: