Financial services

During the last 10 years following the global recession the financial services industry has undergone substantive changes. We’ve helped our clients to navigate this evolution, partnering with challenger brands and global institutions including the Royal Bank of Scotland, TSB, London Stock Exchange and Kensington Mortgages. It is one of the industries we know best and our experts have garnered great experience of helping financial services clients to tackle their biggest people challenges.

Common industry challenges

Compliance with regulatory changes
Unstable economy/impact of high street struggles and Brexit
Diversity and inclusion
Shifting ‘risk culture’
Skills gaps/retaining millennial talent (particularly for insurers)
Headcount reduction
Falling consumer trust
Impact of ‘challenger’ banks.

How to tackle them

Focus on culture change
Improving leadership behaviours/competencies (new frameworks)
Embracing new technology and innovation to improve customer experience
Drive to become more customer-centric and personalise service
Talent planning to attract and retain the best people
Greater investment in learning and development.

Want to discuss your people priorities?