Risk professionals in demand

The number of risk jobs advertised has increased, showing an increase in demand for risk professionals, according to the latest Robert Walters UK Jobs Index.

The highest demand was seen in London and the South East with the number of vacancies increasing by 7%.

"With the UK’s recovery from the recession looking increasingly assured, employers are looking to expand teams to support their growing business, with risk management as an integral part of their planning," said Rob Starkl, Manager at Robert Walters.

With the UK’s recovery from the recession looking stable, employers are looking to expand teams to support their growing business, with risk management as an integral part of their planning.

Key hiring areas

As well as improved business conditions impacting the growth in risk recruitment, the continued pressure from regulators continues to drive vacancies in most areas of risk.

Candidates at AVP and associate level remain the most sought after in view of their limited supply. Specialists with experience in stress testing, Volker, FRTB and FDSF are highly sought after. Those with AVP and associate level remain the most sought after in view of their limited supply.

Overall, demand for professionals has been high across the following areas:

• Asset management
• Market and credit risk
• Methodology
• Model governance
• Model audit roles

"We have seen a significant increase in recruitment activity within all areas of risk management, given the high level of recruitment, employers are considering alternative candidate sources to secure top talent," Chad Lawson, Associate Director at Robert Walters.

About the UK Job Index

The Robert Walters UK Job Index tracks job advertisement volumes over leading job boards across the UK in sectors such as banking & finance, risk, compliance, marketing, IT, legal, tax, secretarial and support, HR and procurement and supply chain.

Released on a quarterly basis, the report provides an indicative summary of recruitment activity being experienced across major national markets as well as key industry comparisons.