US Compliance Market Update – Q2, 2021

As we enter the last month of Q2, 2021, the US Financial Services Governance hiring frenzy shows no signs of abating.  Since the start of the year hiring gradually increased towards the “compensation season”, and as we moved into Q2 we saw levels of hiring exponentially higher than pre-pandemic. 

With “return to the office” being a topic of conversation, the question of “how” firms are planning to do this remains moot for many, with the final decision yet to be made.  What most people agree on is that it will happen soon.  That said, some parts of the industry like FinTech and RegTech have moved to a 100% remote working model, this significantly opens hiring opportunities across the US.    

Currently we are seeing that Compliance hiring on the buy side is particularly active, as is Financial Crimes Compliance across all sectors of the industry. As a result, there are heightened levels of hiring activity across the major US Financial Services business hubs, including New York, Boston, Chicago, San Francisco, and Los Angeles. With hiring strategies planned to continue throughout the year for many of our clients. 

If you are looking to hire in US Compliance or would like to discuss the market, please feel free to reach out to the US Danos Associates team: 

Grant Potter | Partner, Head of Americas
Tel: +(1) 212 600 4827 | Email: gpotter@danosassociates.com

Jared Weber | Senior Associate
Tel: +(1) 212 600 4834 | Email: jweber@danosassociates.com

Jolene Lally | Associate, Compliance Consultant
Tel: +(1) 212 600 4903 | Email: jlally@danosassociates.com