Opportunities in London

British banks have exhausted the their supply of senior risk specialists and are seeking accountants from overseas to fill open risk positions, writes Phil Smith from London:

"There is a lack of experienced candidates in the market. The turnover at this level is less, so the supply of risk candidates is minimal compared with demand," says Gail Connolly of the London recruitment firm PSD. "We are now sourcing from areas such as the U.S., Europe and Asia.”

According to Deloitte, the number of institutions with a chief risk officer, a position traditionally filled by qualified accountants, is at a record high. Some 84 percent of the firms in London's City now have a CRO in place, while another eight percent say they have plans to bring one on-board in the near future.

His full story is on JobsintheMoney.

UK Seeks Accountants for Risk Jobs [JITM]