Compliance experts in demand: Survey
Its latest Global Salary Survey has found that banking professionals’ salaries will increase by 5.6% this year compared to 2013, higher than the average 3.5% expected across all professions.
Associate director of professional services Shay Peters said the advent of the Anti-Money Laundering Act and the Financial Markets Conduct Act would mean that finance firms would seek out people who could help them remain complaint.
He said it was a trend that became evident last year and would continue.
“We anticipate that with a growing reputation for offering value for money, professionals with two to seven years of experience will remain in high demand. Securing individuals at this level will be increasingly difficult as competition for their skill set grows. Salaries on the whole will rise with inflation, but professionals with in-demand skills can expect greater increments.”
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