Everything changed in 2020—the way we work, the way we shop, the way we learn, the way we socialize and celebrate, and hopefully, the way we look out for each other. 2020 has challenged us to adapt quickly and rethink everything. And yet, in other areas, 2020 has changed nothing:…...
The global pandemic has accelerated the pace of financial services digitization
The COVID-19 pandemic has undoubtedly shaken up the financial services industry. Banks have been designated as essential businesses and have for the most part remained open, but the normal way of doing business has disappeared. Bank branches around the world are being forced to cut hours, limit the number of…...
Tapping into the aging workforce in financial service
As more and more boomers put off retirement, financial services firms have an opportunity to put their skills, values, and tacit knowledge to good use. Learn what they bring to the table. MOST financial institutions (FIs) across the globe are experiencing two broad-scale trends—a pervasive talent gap and a boom in…...
From evolution to revolution: How tech can help the mortgage industry thrive post-pandemic
It’s no secret that the pace of digitalisation in the mortgage sector has been slow compared to other financial services sectors like banking or insurance. By and large, our sector has been reliant on pen and paper for far too long. However, Covid-19 lockdowns have forced the hands for many…...
Financial Career Options for Professionals
A career in finance isn't all about money, though it starts there. For the business graduate, earning a degree is just the beginning. What's left is to take a closer look at the available career options and then to measure which industry sectors have the greatest need for new professionals. It's also important…...
Financial Services and the Global Pandemic: An Opportunity for Change?
COVID-19 has significantly impacted business and consumers alike. From furlough and business loans, to insurance and mortgage requests, financial organisations have faced an upheaval of customer requests and evolving policies. On top of this, employees at financial institutions are working remotely within an industry that relies on security, impeccable connection…...
Why banks have become a hotbed for tech recruitment
New technology roles in banks have increased by 46 per cent in the past three years – making traditional banks the most prominent recruiter in that field. A third of overall job vacancies currently within banks is now tech related – jumping from less than a quarter (23%) just…...
Four Clues To The Future Of Financial Services Firms And Fintech
As I write this, I can’t help thinking about what my ‘new normal’ looks like. The less than perfect moments involve me turning around and yelling at the dog to stop barking at the rare person who goes past our front door; he is both interrupter and sometimes star of…...
Should You Become An Accountant?
The list of possible careers is an incredibly large one. To those trying to decide on a path for the rest of their life, it may seem to be an endless list. So many possibilities and a variety of specialties within each career path. There are many decisions to make…...
Five Tips for Business Success from Five International Women in Finance
What advice do the top women in finance have for those trying to make their way in the sector? Last year, I interviewed 50 accomplished women from around the world for my 2020 research paper “Top Tips for Business Success,” released on International Women’s Day, 8 March 2020. …...
The Future CFO
With today’s CFO often described as a ‘financially literate CEO’, the challenge for aspiring CFOs is to develop their leadership skills and business acumen as well as their financial intelligence. With guidance on how to achieve this and why, Amy Parkinson, Principal Consultant and financial leadership specialist at executive search…...
Why You Don’t Need to Be an Accountant to Be a CFO
Directors of Hannon Armstrong Sustainable Infrastructure Capital Inc. congregated in the boardroom in late 2018. On the agenda: the ideal résumé of their next finance chief. They wanted to fill the impending vacancy with someone who had expertise in raising debt and equity—a priority for the Annapolis, Md.-based investment firm. The…...
The evolution of the finance team
The COVID-19 pandemic has left no individuals, families or businesses unaffected. For businesses, the overall economic uncertainty, as well as having to adapt to remote working due to shelter in place orders, has put business planning processes under immense pressure, with calibrations needed even faster and with more frequency. Just…...
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…...
Top majors for getting an investment banking job
Over the last few years, investment banks have made concerted efforts to recruit a more diverse pool of candidates. While most still covet target schools, almost every investment bank has said publicly that they’re interested in candidates that didn’t necessary major in finance or other traditional disciplines like economics,…...
Human Resources Growing in Importance in the Banking Industry
In its recent 2018 Bank Compensation and Benefits Survey, Crowe found that banks seem to have a new focus on human resources based on their salary increases.According to the survey, in the past year median salaries for chief human resources officers increased more than 7%, while top retail banking officers’…...
