As Pritesh Chudasama, Financial Crime recruitment expert and Senior Consultant at MERJE, celebrates his three-year anniversary with the business, we catch up about the current trends in his market.
First off, tell us about you.
I specialise in Anti-Financial Crime Recruitment, working extensively with Corporate and Investment Banks, Asset and Wealth Managers, Brokerages and Professional Service firms. I also support MERJE's wider client base as needed.
What are you looking forward to in the future of your career with MERJE?
Now that I'm an established member of the business, I'd like, over time, to be involved in the strategic conversations on how the company moves forward, with a focus on representing and growing the Financial Crime desk.
What trends have you noticed in the Financial Crime recruitment market recently?
The market has been very buoyant across all disciplines in FS. People are back in the office and the trains, roads and footpaths are heaving with people at lunchtime again.
Many hiring processes were put on hold back in March 2020 and now, with more of the UK workforce back onsite and internal meetings finally taking place, it seems like recruitment is a priority once again.
The regulator has also been proactive in pushing its agenda forward. As a result, MLROs have been working hard to ensure controls and frameworks are adequately in line with expectations. This has also had an impact on increased hiring.
What advice would you give to employers who are recruiting in the current market?
Without fail, flexible working is one of the first things I'm asked about. Every business should have a clear flexible working policy in place and, preferably, a pro-flexibility one!
This isn't to say that you won't attract any suitable candidates, but you will have very limited options. MERJE's recent research found that 3 in 4 candidates would decline a job offer if flexible working wasn’t an option.
On the flip side, there is a community of people who want to be in the office and can't. These people are itching to get some in-person interaction and mingle after work over a drink, so offering those opportunities for teams to get together is vital. It might sound silly, but this is what we hear on the ground.
Favourite MERJE moment so far?
Our summer trip to Barcelona in 2019, by far!
Describe MERJE in three words.
Cool, collaborative and successful.
What have you been watching recently?
Squid Game, obviously!
Favourite thing about Winter?
Under floor heating.
If you would like to discuss how Pritesh can support your hiring plans or job search in the Financial Crime arena, get in touch.