Danos Group
18 Jun

In this month’s podcast / video in our “Pathway To Success” series, Katherine Lord (Partner, Danos Group) interviews Elizabeth Willetts, Founder of Investing In Women.

Elizabeth has worked within Financial Services for over a decade. Following redundancy in September 2020, Liz wanted her next role to be part-time, as a working mum she wanted to address the balance between home life and work, but she struggled to find a professional part-time role. Today she is determined to change the perception of professionals working part-time and flexibly, she is launching a job board that is dedicated to promoting part-time (PT) and flexible working opportunities.

Click Here To View The Video

During this interview Elizabeth and Katherine discuss…

  • Benefits for employers including a PT and Flexible workforce, and the positive effects on business productivity.
  • The most important advice for anyone looking for PT or Flexible work.
  • The biggest workforce challenges for people wanting to work in PT or Flexible roles.

And finally, Elizabeth provides her opinion on what see would like to see firms doing to support Diverse and Inclusive work opportunities, and who in the market is leading on this important approach to work. 

Thank you Elizabeth, for your time, insights and advice.

Look out we will be publishing more interviews soon…

Click Here To View The Video

18 Jun

This week FN (Financial News) reported on how many compliance professionals in the city (London) have decided on a career change, driven by the unprecedented pandemic challenges and the pressure of navigating the regulatory minefield of Brexit.

Denis Spearman (Partner, Head of Compliance & Financial Crime Practice) was quoted regarding the acceleration of compliance hiring in the city so far this year – an upward trend Danos Associates has also seen across Europe, Asia, and the Americas. 

“Danos Associates saw a 20% jump in market-wide compliance moves in the year to April compared with the same period a year before.” 

Denis also reported on the influencing factors and trends that are impacting change: 

Regulatory Governance Pressures

“Spearman said the prospect of the UK deviating its rulebook from the EU’s as a result of Brexit was “absolutely adding to the pressure”,…” 

Compliance Professionals Moving From Big City Firms To Smaller Firms

“…biggest migration was from big City firms to smaller ones, which tend to be seen as less stressful, including asset managers, fintechs and crypto firms.” 

Read the full article here: Compliance sees brain drain as workers flee City giants in record numbers – Financial News (fnlondon.com)

The last year has shaken up many industries, significant events almost always foster new approaches and innovation. Danos Associates is an agile recruitment firm, we pride ourselves with having a deep understanding of the market, our clients, and candidates. 

Denis Spearman is one of the leading recruiters in the Compliance and Financial Crime industry. Having worked in the industry for over 16 years his network is extensive and has an exceptional track record for delivering on assignments. 

If you are looking to hire, or would like advice on the current market, please reach out to Denis, who can share his knowledge and identify the best talent for your firm.  

Denis Spearman | Partner, Head of Compliance & Financial Crime Practice
Tel: +44 (0) 20 7371 8332 | Email: dspearman@danosassociates.com

15 Jun

During the pandemic we saw increased community support and large acts of kindness. As firms drive their performance many businesses focus on “how” results are achieved in parallel to “what” is achieved. The “how” are the soft skills, such as kindness, empathy, resilience, ethical behaviour, and other positive character traits. As we move forward, these skills should no longer be viewed as “soft skills” and more like “essential skills”.

Hiring managers deem essential skills, as important as technical skills, if you want to develop yours the process starts with self-awareness and the knowledge of how you are perceived by others. 

Why are essential skills important?

Within the business world, kindness supports a culture in which people feel valued and respected, and if you feel valued and respected you are more likely to contribute more, as you feel confident to share new ideas and solutions, and your general commitment to work is higher.

How to be kind…

  • Avoid knee-jerk reactions.
  • Take responsibility and apologise.
  • Commit to improving on kindness.

Empathy allows us to identify with others and the problems they face. Empathy takes on greater meaning today as the pandemic continues to impact people’s physical, and mental health and their economic well-being.

Developing empathy…

  • Experience the major differences among people.
  • Learn to identify your own feelings – develop your emotional intelligence.
  • Regularly ask others for their perspectives and/or feelings regarding a situation.

Over the last year many people and businesses have shown high resilience levels. A resilient workforce benefits business, people are more motivated, capable of dealing with change, and less susceptible to burnout. It also improves employees’ overall health, as resilience and wellbeing in the workplace are closely linked.

Building your resilience…

  • Learn to relax.
  • Practice thought awareness.
  • Learn from your mistakes and failures.
  • Maintain perspective.
  • Build your self-confidence.
  • Develop strong relationships and networks.
  • Be flexible.

Business leaders are preparing for a future where there will be a greater need for an array of skills – both technical know-how and the essential skills will be required to determine their business success.

At the Danos Group we recognise great talent. We provide the best recruitment solutions for our clients, and we support and guide our talented candidates.

If you would like information on the current market, please contact our functional or regional experts for a confidential discussion.

11 Jun

Danos Associates publishes the latest Commerce & Industry (C&I) Salary Benchmark Report for UK In-House Legal roles. This report outlines salary levels for UK In-House Lawyers from newly qualified (NQ) to Head of Legal / General Counsel (GC), across the key sectors within Commerce and Industry (C&I). It includes Base Salary, Bonuses, and Day Rates. 

Sectors include:

  • Construction / Engineering
  • Energy / Utilities
  • FMCG
  • Gaming / Gambling
  • Leisure / Travel
  • Media
  • Mining
  • Pharmaceuticals
  • Real Estate
  • Retail
  • Shipping & Trading
  • Technology / IT Services
  • Telecommunications

If you would like a copy of the report, and would like to discuss your hiring plans please contact: 

Nick Wilkins | Associate Partner, Head of Commerce & Industry Legal
Tel: +44 (0) 20 7471 8975 | Email: nwilkins@danosassociates.com

10 Jun

Regulators are ramping up the pressure for banks to report on sustainability. In June, the Bank of England will test the financial system’s resilience to various climate scenarios while the European Central Bank has told eurozone banks to improve their understanding of climate-related risks. 

Last week Bloomberg reported on how European banks analyse data and report on climate risks, with each bank using its own metrics of measure, and some disclosing data for only half a year – the lack of consistency should make investors wary of banks that appear at first glance to have limited exposure to climate risks. 

There are plenty of issues that remain for banks reporting sustainability issues. If you are looking to expand your risk function or would like support on specific risk projects, the Danos Group can support you by identifying the best risk talent in the market.

For a confidential discussion please contact: 

Peter Umesi | Associate Partner, Head of European Risk (permanent hiring)
Tel: +44 (0) 20 7010 1155 | Email: pumesi@danosassociates.com

Katherine Lord | Partner, Head of Danos Consulting (interim & consulting hiring)
Tel: + 44 (0) 207 010 1153 | Email: klord@danosconsulting.com

Full Bloomberg Article: HSBC, Barclays, Credit Suisse: How Climate Focused Are European Banks? (bloomberg.com)

09 Jun

We are seeing increased interest in Hong Kong national’s relocating to the UK for Compliance roles. If you are from Hong Kong and are a British National Overseas (BNO), you and your family members can apply for a BNO visa, allowing you to live in the UK for a period of 2 to 5 years with the ability to extend.

The UK Telegraph recently reported on the increase of Hong Kong families moving to the UK, and Mark Moorby, Head of Asia Pacific at Danos Associates was quoted regarding local hiring trends.

“The BNO scheme has transformed the Hong Kong hiring market. Normally we would be placing candidates into positions in Hong Kong, but now candidates from there are taking an interest in opportunities in London and the wider UK.”

If you are considering relocating and have existing Compliance, Risk or Legal experience then we can help advise you on the UK market and the best opportunities. Alternately if you are staying in Hong Kong and would like to take advantage of the openings brought about by local staff turnover, please contact us to discuss – the demand for high calibre talent has not been this high in Hong Kong for many years.

Danos Associates has offices in Hong Kong, London, Singapore, and New York. Our regional teams work together to support clients with hiring the best talent from local markets and oversees, and assisting those candidates who want to secure a new role in their homeland or further afield.

With our extensive network, deep understanding of global markets, and experience, it positions us perfectly to efficiently source the best individuals for your organisation.

If you would like to discuss your hiring strategy or the current market, please contact:

Mark Moorby | Lead Partner, Head of Asia Pacific
Tel: +(852) 2870 3007 | Email: markmoorby@danosassociates.com

Denis Spearman | Head of Compliance & FCC Practice, EMEA
Tel: +44 (0) 20 7371 8332 | Email: dspearman@danosassociates.com

UK Telegraph Article: https://www.telegraph.co.uk/news/2021/05/31/exclusive-independent-schools-reap-benefits-hong-kong-families/