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Women are leading the way in Compliance

As we near the end of 2017 and look back at another record-breaking year at Danos Associates, an area we are particularly proud of is the diversity of our placements and the integral role women have proved to play in the Compliance sector.

While Compliance and Regulation has always been one of the more diverse areas of Financial Services, we have seen a significant shift away from the male dominated Senior Leadership Teams towards women holding the Chief Compliance Officer roles with Lara Warner at Credit Suisse, Sarah Smith at Goldman Sachs, Ruth Horgan at HSBC, Georgina Fogo at BlackRock and Laura Padovani in an interim position at Barclays.

This is reflected in our own placements with just over 60 percent of our Compliance roles from AVP to Global MD going to women. Perhaps it is the talented role models we are seeing in the major Global Financial Services Organisations that are inspiring more and more women to seek leadership roles in this field. Furthermore, women who move into Compliance from other fields are, for the first time, enjoying the benefits of working in more balanced teams. Studies have shown that diverse working groups are more successful and smart companies realise that there is a real commercial benefit to this, way beyond simply satisfying diversity quotas.

When speaking with our clients and candidates we are excited to hear that there is a real shift in how diversity and inclusion, not just with gender but ethnicity and age is being looked at. It is no longer just a topic of discussion, but something that is fully ingrained in their business and the results are clear to see.

Here at Danos Associates, our success is built on truly understanding the needs of our elite client base and of the candidates we place. We are always keen to speak to people looking to make the next move in their career. In cases where this is a return from maternity leave, we know that some mothers can feel apprehensive about what this means for their career progression. We whole-heartedly value the contribution and motivation of women who want to return to work and have a strong network of clients who share this recognition and are committed only to hiring the best talent. This year alone we’ve placed candidates who have had extended career breaks of three, five and even up to six years.

I, as Partner and Head of Compliance at Danos Associates am one of the leading recruiters in the industry and have successfully placed Compliance candidates at all levels across Financial Services both in the UK and internationally. If you would like to talk to me about your career goals or if you know anyone who is looking to return after an extended career break I would love to hear from you. You can reach me at dspearman@danosassociates.com or on +44 (0) 20 7371 8332.

Denis Spearman

Partner, EMEA Head of Compliance & Financial Crime Practice

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