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Danos Group is a leading provider of permanent and interim Compliance, Risk and Legal recruitment services in the Financial Services arena across EMEA, the Americas, and APAC.

We pride ourselves on being able to match talent not just to the requirements of the role, but also to the style of the organisation.

Danos Associates is a leading contingency and search firm specialising in mid to senior level permanent hires across the Financial Services sector.  We deliver a personalised, discreet recruitment and selection service to an elite client base across a global market.

The digital age brings huge opportunities to the Risk function. With broad coverage across the disciplines of Risk management, we work with…

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Danos Consulting provides experienced Legal, Risk and Regulatory interim and consultancy professionals to the Financial Services sector including consultancies. With an unparalleled talent network, we provide experienced, first class practitioners cost effectively.

As one of the leading Legal, Risk and Compliance recruitment agencies we deliver top quality professionals to financial services firms. We provide…

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Americas
EMEA
Asia Pacific - Singapore
Asia Pacific - Hong Kong

Offices

Danos Associates is the leading global supplier of compliance professionals with offices in the Americas, Europe and Asia Pacific.

EMEA
London

AMERICAS
New York

ASIA
Hong Kong
Singapore

25 Mar

As Covid-19 made its way through the global economy in 2020, its effects on the labour market were deeply felt, no one has been unchanged. Like most countries Singapore’s labour market and economic growth has been affected. However, Singapore is working towards recovery, “The Singapore economy is projected to see a gradual recovery in 2021,” reported Gabriel Lim, Permanent Secretary at the Singapore Ministry of Trade and Industry. There are already talent shortages developing in key areas of the Financial Services sector.  

Singapore has dealt with the pandemic extremely well compared to other countries in the region and since June 2020 has been working towards business-as-usual. The demand for talented professionals is rapidly increasing, however the supply is being severely restricted by travel limitations, expat appeal, foreign Work Pass limits, and increased salaries, all of which are making it very difficult for firms to source and secure candidates.

Travel Limitations

The Covid pandemic has significantly reduced and in many cases stopped international travel, which has in turn prevented and completely halted the movement of highly skilled talent.

Expat Workers Returned Home

With the outbreak of Covid many expat workers returned home, and the continued uncertainty around Covid-19 and virus mutations are keeping them at home.

Work Passes For Foreign Employees

Increased level of scrutiny on VISA applications – the Ministry of Manpower (MOM) made changes to the criteria for employers seeking to obtain a Work Pass for foreign employees in Singapore, as they look to the local job market to strengthen the Singaporean core workforce.

Inflated Salaries

In some industries salaries have increased by 25% to 35%, impacted by:

  • Higher minimum qualifying salary for Employment Passes, with a special criteria introduced for the Financial Services sector – from December 2020 the minimum qualifying salary for new applications was increased to S$5,000.
  • Demand for Singaporean and Permanent Resident talent, increased competition and low supply levels are driving up the demand for higher salaries, as candidates negotiate over multiple employment offers.  

The firms that continue to direct source are being held back by job advertising durations, the wrong skilled people applying, and increased competition. Many companies use tools such as LinkedIn to source, but candidates are now receiving so many LinkedIn messages that they simply just do not respond.  If companies are wanting to attract the best talent, they will need to use a headhunter who knows the market very well.

Danos Associates is an experienced headhunting firm, we have been covering the Singapore market for almost 10 years and during that time we have developed exceptional talent networks across Risk and Compliance, enabling us to provide our clients with experienced, talented professionals.

If you are looking to secure the finest talent in a very competitive market, or you would like our advice on the Singapore market, please contact Adnan Maddix today:

Adnan Maddix
Associate Partner, Head of Singapore
Tel: +65 6950 4505
Email: adnanmaddix@danosassociates.com

08 Mar

We are celebrating International Women’s Day and we are striking the #ChooseToChallenge pose, to show our commitment to choose to challenge inequality, call out bias, question stereotypes, and help forge an inclusive world.  

Click Here To View The Video

We realise we have the power as a recruitment company to actively influence the inflow of under-represented groups into the sector we service, thereby helping to advance the Diversity, Inclusion and Equality agenda.

To find out more, please contact us, email: diversity@danosassociates.com

#IWD2021 #ChooseToChallenge #DanosGroup #DanosAssociates # DanosConsulting #Equality #DiversityandInclusion    

22 Feb

The Danos Team have successfully completed “21 Challenges In 21 Days” to raise awareness and funds for Leadership Through Sport & Business (LTSB), a social mobility charity that prepares and supports bright young people from disadvantaged backgrounds into meaningful roles within Business and Finance, and Digital / Technology.

It has been an exhilarating 21 days, view how we got on with the challenges…


Thank you everyone for your support, if you can, please help us reach our fundraising target by donating here – https://www.justgiving.com/fundraising/danos-group

With Thanks

The Danos Team

Any firms interested in employing an LTSB Apprentice please contact careers@leadershipthroughsport.org.

Find out more about LTSB – LTSB “More than an Apprenticeship” Video | LTSB (leadershipthroughsport.org)