Financial Services
The Financial Services industry is facing an evolution beyond the anticipated changes in political, socioeconomic and regulatory dynamics. Customers’ diverse needs, along with fast moving technological innovations have given rise to new entrant, challenger organisations disrupting traditional financial models.
The emergence of AI and new technology, cyber, data sources, risk and regulation will continue to drive industry innovation and reinvention. Coupled with this, Australia is projected to face a major shortage of skilled, tech-savvy Financial Services leadership talent, with demand expected to grow faster than supply in coming years. The industry faces a perfect storm of increasing digitalisation demands, regulatory compliance requirements, and fierce competition for specialised talent, all while dealing with cost pressures and an aging workforce in more traditional roles.
Derwent’s Financial Services practice brings expertise in finding and engaging quality leadership talent across the core sub-sectors of Banking, Insurance and Superannuation/ Wealth Management, along with a range of specilaised skillsets across Private Equity, Funds Management and Fintech.
