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One in five risk professionals are jobseeking

By Audit & Risk | 22nd March 2016

One in five risk professionals are jobseeking

This article certainly reflects the market as we see it.  Internal Audit and Risk skills are in increasingly high demand across all sectors, with IT audit skill sets being particularly valuable to many of our biggest clients. 

This article was published by auditandrisk.org.uk

Ten per cent of risk professionals intend to land a new job this year as mounting regulation puts their skills in high demand.

Tightening regulation is putting risk professionals in high demand, with one in five actively looking for a new job. 

Not only that, half of these jobseekers plan to switch employers this year, a survey by specialist professional recruitment firm Robert Walters has shown.

With pressure from regulators impacting financial services employers, risk professionals have seen demand for their skills remain high throughout 2015 and into 2016. In this highly competitive market, risk professionals are aware of their ability to command high salaries and bonuses and many are willing to change employers to do so, according to the firm. 

Rob Starkl, manager for risk recruitment, said in a statement: “Under increased scrutiny from regulators in the wake of the recession and in light of current uncertainty in the markets, demand for risk professionals is high.

“In this climate, risk professionals are confident that they are in a strong position to negotiate salary increases and secure bonuses, given the strong competition among employers for their skills.”

The survey showed that 46 per cent of risk professionals considering a new role would be most attracted to a new position by strong pay and compensation. However, money isn’t everything for everyone, with 35 per cent saying they would be most likely to change roles for a position with better career prospects.