Talent Market Update: Compliance

13 July 2021

Compliance Talent Market Update Pentasia

Market Snapshot: There is continued unprecedented demand for Compliance professionals fuelled by the overhaul of requirements by all Regulators in addition to new countries regulating.

  • The online gambling sector has grown exponentially during the pandemic.

  • Regulators are imposing tougher restrictions and potentially higher fines for those not adhering to the new guidelines.

  • Many businesses are choosing to move away from unregulated markets and restructuring for strategic growth in regulated markets adding to the recruitment demand.

  • Businesses are focusing on sufficient growth of Compliance/AML teams to substantiate their ability to adhere to regulations.

  • Additional specialisms such as Safer Gambling teams are experiencing growth and pulling from the Compliance ‘candidate pool’ to support additional regulatory requirements.

  • Exceptional demand for Heads of Compliance is constant to lead these departments, and support companies growth within safe and compliant limitations.

  • More flexibility for working from home is most definitely available for sector professionals where relevant.

  • Salaries for Senior Compliance Professionals have increased by on average up to 20% in the last twelve months to keep up with demand and businesses appetite to build a strong department with longevity and relevance.

Key Takeaway:

New regulations are accelerating demand for senior talent in particular, with businesses focussing on AML and Safer Gambling teams.

Kerry Gillittrecruiting Regulatory staff up to C suite level across the whole compliance arena – UK and globally.

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