July 13, 2021
Market Snapshot: There is continued unprecedented demand for Compliance professionals fuelled by the overhaul of requirements by all Regulators in addition to new countries regulating.
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The online gambling sector has grown exponentially during the pandemic.
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Regulators are imposing tougher restrictions and potentially higher fines for those not adhering to the new guidelines.
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Many businesses are choosing to move away from unregulated markets and restructuring for strategic growth in regulated markets adding to the recruitment demand.
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Businesses are focusing on sufficient growth of Compliance/AML teams to substantiate their ability to adhere to regulations.
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Additional specialisms such as Safer Gambling teams are experiencing growth and pulling from the Compliance ‘candidate pool’ to support additional regulatory requirements.
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Exceptional demand for Heads of Compliance is constant to lead these departments, and support companies growth within safe and compliant limitations.
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More flexibility for working from home is most definitely available for sector professionals where relevant.
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Salaries for Senior Compliance Professionals have increased by on average up to 20% in the last twelve months to keep up with demand and businesses appetite to build a strong department with longevity and relevance.
Key Takeaway:
New regulations are accelerating demand for senior talent in particular, with businesses focussing on AML and Safer Gambling teams.
Kerry Gillitt – recruiting Regulatory staff up to C suite level across the whole compliance arena – UK and globally.
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