It has been a turbulent time in the financial markets over the last week with the Credit Suisse / UBS take over and the issues surrounding Silicon Valley Bank. Almost certainly it will lead to some people changes and across the FS and PS sectors new opportunities will emerge in the areas of regulation, risk, compliance, restructuring, business transformation and business change.

As the sector seeks the right Senior Executives going forward having access to the relevant Search Consultants globally will be critical. The 15,000 strong InterExec network is a powerful tool in accessing the optimum new challenge for your specific skill set and target.

Opportunities are clearly increasing in some related sectors particularly M&A in the UK, US and major European markets, as well as NED roles in Financial and Professional Services.

The market is demanding; stricter corporate governance roles have forced company directors to become more accountable and there is a need for specific expertise.

Also, specificity such as a strong grasp of environmental, social and governance including ESGs impact on cybersecurity. Current sectors and the type of roles active include the following:

Financial Services Sectors
Insurance – particularly strong area
Pensions – again an area of particular interest
Renewables / Energy / Sustainability
Risk / Regulation / Compliance / Cyber Security
Data
Wealth Management / Asset Management

Types of Roles
On the finance side: CFOs in FS and PE Backed Businesses
On the risk side: CROs / CISOs
On banking side coverage/sales roles are coming on stream
Interim roles are also emerging
NED positions – Insurance / FinTech / Technology

Professional Services
Management Consultants – Digitalisation / Business Change / Business Transformation / Renewables / Energy / ESG
Education
Lawyers in house and in practice

In other business sectors, namely FMCG, Retail, Biotech and Food Production, following a slower start to the year as the energy crisis continues to have an impact on costs and distribution; those markets are now beginning to become significantly more active across the major geographic regions.

Across the business sectors all aspects of IT, Digitalisation and Transformation remain strong and Senior Executives with proven skills in driving growth are in demand. Geographically the UK, US and Western Europe are active, as is the Middle East and parts of Africa.

Finding the right Search Consultant, with the most appropriate job opportunity to match your objectives in this unadvertised and often politically complex marketplace is one of the key InterExec skills. Additionally focussing and preparing you and planning the entire process by which you identify and find that new challenge is InterExec’s core skill.

In planning for your next career challenge in 2023, getting that process underway early will take advantage of appointments Search Consultants currently have mandates for. Please, do not hesitate to get in touch with the InterExec team at any time up to 6 months prior to when you hope to move.