14/09/2020
THINKING OUTSIDE THE (FINANCIAL SERVICES) BOX
We''ve talked previously about the importance of operating within your niche. This is really important during your job search, but some niches are broader than others.
For example, Financial Crime is essentially industry independent. And that means if you're a Financial Crime specialist, your skills and experience are highly transferable.
Candidates have successfully secured Financial Crime roles in other sectors including Telco, Energy and the Legal arena. Have you considered such options?
Risk is another discipline where cross-pollination between sectors is certainly possible. Numerous candidates who have gained traction in the public sector in particular, securing Risk roles with the NHS, Social Housing providers and local Government amongst others.
If we look back to the financial crisis of 2008/9, we can remember a number of Public Sector organisations actively targeting Private Sector candidates.
They saw an opportunity to bring in commercially astute risk professionals who may not normally have been available to them. Don't be fooled by the 'not for profit' title; they're generally keen to make as large a surplus as they can!
Is it time for you to think outside the FS box?