Almost half (45%) of Britain’s banking/financial services workforce think their employer could do more when it comes to diversity, according to a report from UK-based tech-for-good developer, Culture Shift. Despite 74% of employees in the sector confirming that working somewhere with a diverse workforce is an important factor for their…...
Hiring Future Leaders: 3 Ways Financial Services Organizations Can Achieve Diversity Today and Cultivate the Leaders of Tomorrow
With Women’s History Month behind us, we have paid tribute to the many women leaders across politics, science, and the arts that have shaped our world today. And a crucial part of preserving their legacy is positioning the next generation of women to be leaders who build on their progress.…...
What it takes to be an employee magnet
Competition within fintechs can be fierce. Many that made SourceMedia’s second annual list of the Best Fintechs to Work For have turned to finding the best employees to stay ahead of the competition. They do this by offering a range of perks that make their employees’ lives easier, create a fun work…...
What CFOs Can Do About Diversity
I’m not going to rehash the economic benefits a company accrues by employing progressive diversity policies. The benefits are clear. Companies that promote diversity do better financially than those that do not. If this fact is obvious, why is there such a shortage of diversity in the finance function, and what can a CFO do about it? First, the top of the funnel…...
Three Ways Finance Leaders Can Prepare for The Future of Work
Business leaders will long be remembered for their response to the coronavirus crisis. Some such as Marriott President and CEO Arne Sorenson will be applauded for their authentic leadership in these challenging times, while others including Morgan Stanley CEO James Gorman will be recognised for putting their employees’ job security first. However, according to…...
4 Key Financial Trends As We Approach 2021
I’m sure you don’t need reminding, but 2020 has been a chaotic year. Many of the predictions that were made for the finance industry at the end of last year were being ripped up by the time spring came round. As we move towards 2021 with coronavirus still causing havoc…...
Bank be nimble, bank be quick: how financial institutions can become more agile in times of pandemic
If banks want to survive and thrive in and after COVID-19, AI and machine learning are very important, but the current approach to making these technologies happen simply isn’t fit for purpose. Automating development, deployment and monitoring processes unblocks the bottleneck. You’ve probably heard the one about COVID-19 doing more…...
3 must-have CFO skills: Operating finance, strategy and communications
The most sure-fire way for aspiring CFOs to attract the notice of CEOs and boards is to bring a strategic mindset, communicate well and showcase a background in operational finance, recruiters say. The days of rising mostly through corporate accounting ranks are declining and taking that path can even be…...
The Changing Role Of Today’s CFO
Financial leaders are increasingly required to become more tech-savvy. In fact, they are expected to be at the forefront of digital transformation. However, at Redwood Software, we’ve observed a notable gap between the existing skills and what financial teams see as vital for their profession in the future. Instead of…...
AGILE RECRUITMENT IN THE FINANCIAL SERVICES SECTOR
In many sectors, a combination of technology and changing social expectations has now enabled agile working practices to become standard. It seems that the financial services sector has been somewhat slow on the uptake, however, with just a third (36%) of businesses in the industry offering flexible working. At the same time,…...
AI Technology is a Requirement in new Finance Jobs
Recent studies show that the above requirements, for this set of skills, has increased exponentially over the last year. Financial institutions and Fintech start-ups are recruiting individuals who specialize in AI (Artificial Intelligence) technology, machine learning and data science This shows that the finance industry has set its…...
HOW AUTOMATION WILL IMPACT THE FUTURE OF FINANCE
To understand how critical automation is becoming to modern finance, take a look at the shift in what skills are highly valued for new hires. In a survey of CFOs*, three years ago 78% of CFOs said the most important skill was proficiency with Excel. Last year, only 5% of…...
Financial Recruitment Trends To Look Out For In 2020
Staying up to date with the latest financial recruitment trends and leveraging new technologies is crucial — both for job searching and the hiring process. The finance and accounting sector has been going through some significant changes lately. So, let’s take a closer look at some of the key finance…...
Winning the Finance Talent War: Five Strategies
Recruiting and retaining the right resources in the finance function has never been more critical due to accelerating adoption of new technologies and complying with a growing list of regulations. But a finance labor shortage often stands in the way of these imperatives, posing operational risks. Protiviti’s latest Executive Perspectives on…...
How to Get into Investment Banking In 2019: Process, Networking & Interviews
So, you want to know how to get into investment banking……despite the fact that:It’s a much less “prestigious” field than it used to be;It no longer pays a huge premium to other career options, such as engineering jobs at big tech companies; andThe recruiting process is now hyper-accelerated and crazy.It’s…...
Banking Is Only The Beginning: 42 Big Industries Blockchain Could Transform
Bitcoin and other virtual currencies are made possible by what’s known as blockchain technology. Blockchain is essentially a global public ledger capable of automatically recording and verifying a high volume of digital transactions, regardless of location.Bitcoin’s popularity is proving blockchain’s usefulness in finance, but entrepreneurs have come to believe blockchain could transform many…...
