BSA 2024 Compliance Salary Guide v2 SPREADS - Flipbook - Page 4
04
Permanent recruitment trends
Compliance and financial crime recruitment
enjoyed a busy year in 2023, albeit the market
lacked the frenetic pace and frenzied levels of
activity that were the de昀椀ning characteristics
of the early post-pandemic period.
Hiring continued to be reasonably strong across
many of the disciplines that we recruit into, although
a slump in 昀椀ntech investment resulted in constrained
demand across the sector.
Overall, talented professionals are still highly soughtafter, but employers began exhibiting more restraint
as 2023 progressed and the economic backdrop
became gloomier.
“While the second half of the year was quieter
than the 昀椀rst, the compliance and 昀椀nancial crime
recruitment markets have still been busy in 2023,”
says Tom Boulderstone, Head of Compliance
& Financial Crime at Barclay Simpson.
“What we are seeing in recent months, however,
is increasing cost-consciousness from employers,
which we believe will continue into early 2024.”
Despite this, the vast majority (93%) of organisations
that Barclay Simpson has surveyed admit they are
still struggling to attract and recruit the talent they
need in today’s market. More than half (53%) said
it’s ‘very dif昀椀cult’ to 昀椀nd the right people.
64% of employers
intend to hire additional
permanent staff in 2024
