Businesses in Guernsey operating in highly regulated financial service industries have been faced with some major challenges throughout 2018 when it comes to changing compliance regulations. With new laws constantly coming into place, not just in Guernsey but across the globe, financial services, compliance and technology are becoming more aligned and must work hand in hand. In an age of digital transformation where businesses are compelled to demonstrate openness towards change and innovation, risk and compliance must always remain a top priority.
Compliance changing the shape of finance and fintech sectors
Before its implementation on 25th May 2018, GDPR was a hot talking point as the subject of compliance caused concern and anticipation for many local and international businesses. As a result of the regulation, the already high demand for suitably qualified and experienced compliance and risk analysts grew even further. Our clients need for additional professionally qualified compliance specialists in financial services continues and remains as high a priority as it was before – particularly at the mid to senior levels – this demand looks set to continue for the foreseeable future.
With a competitive employment environment across many established financial service sectors, Guernsey offers countless opportunities for high-quality professionals seeking to develop their careers in compliance and risk positions. Amid increasingly strict regulations, businesses in Guernsey operating in the financial services and fintech sectors remain on the lookout for qualified compliance specialists with proven experience and familiarity with regulations. Banks, fund and trust companies in particular require specialists with sector-specific knowledge. Due to such a high demand, candidates with these skills are being attracted from outside the island.
AP Group, encompassing AP Executive, AP Technical and AP Personnel are well positioned to find candidates from the outside the island, being the only truly global recruitment firm in the Channel Islands, we deal in more than 55 Jurisdictions.
When looking for staff or if you are a job seeker looking for a new opportunity, why not speak to one of our experienced advisors today on 715757.
The AP Group Guernsey office was the first office to open in 1990. As well as AP Personnel it now operates two other divisions offering recruitment consultancy. AP Technical specialises in IT, Multi Media and Telecoms recruitment from junior to senior management and board level, both locally and internationally. AP Executive, established in 1999, specialises in sourcing local and international candidates for management, board level and executive positions in the financial services and legal sectors.
Original article published in Guernsey Press Business Review on 17.07.2018
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