Client requires urgent improvements to risk framework and controls

The client:

The client is a multinational financial services company based in London that FourthLine have worked with several times in the past. The client’s Head of Regulatory Risk contacted FourthLine following a line of enquiry that FourthLine had made with another department.

The problem:

The client had identified some of their risk policies and procedures were in need of strengthening and also planned to improve their risk framework, controls and conduct in order to adhere to the FCA’s standards. As a result, two new roles had been created within the team, a Conduct Risk specialist and Risk Reporting/Policy associate. The client ideally wanted to hire these roles on a permanent basis but after lengthy and unsuccessful recruitment campaigns they decided to approach a specialist agency in FourthLine.

The solution:

As the client had struggled to find permanent hires for the roles in question, FourthLine suggested seeking an interim solution instead and explained the benefits of this strategy. We were able to consult the client on day rates, available talent and set ourselves tight deadlines to deliver given the urgent nature of the requirement. Having compiled a shortlist of candidates, a CV presentation call was set up in which the client was talked through the candidate CVs and booked in interviews. Telephone and face-to-face interviews were carried out on their preferred candidates in a short-desired window.

Offers for both of the roles were made and accepted, after which FourthLine managed the candidates whilst they waited for their start dates, keeping them engaged in the post placement process, whilst helping one candidate set up a limited company.

By steering the client towards looking at interim options, FourthLine ensured that they quickly found the talent they required and have potentially also identified long-term, permanent solutions to their resourcing needs. 

 

MINIMUM Salary

£ k