1. Compliance, Risk and Regulation

2. Introduction
 During the financial crisis world regulators have been reviewing critical features of their
Regulatory reviews regulatory regimes and the resulting new legislation is now driving a pressing need for specific
staff in this area. In fact demand is far exceeding pre crisis levels.
More complex  The compliance regimes are now technically much more complex and improvements are needed
in management, control of liquidity, risk and reporting systems. The need for enterprise wide
systems/controls stress testing and changes to organisations to introduce a concept of shared ownership of risk is
introducing a level of change which is stretching bank resources and budgets.
Abundance of new  Basel 2/3,Solvency 2,CRD 3 & 4, EMIR and MiFID as well as national changes are creating multi
layered complex rules which affect every area within financial firms.
regulation
 Regulators are also not just expecting plans to be underway but are regularly inspecting firms to
Emphasis on ensure compliance. This is a more assertive and aggressive stance and one which is feeding into
inspections the demand for specialists.
 Financial firms have been planning the 2012 budgets and are starting to come to the market with
Specialist talent requests for significant numbers of technical experts and we are keen to ensure our clients are
best served ahead of what is expected to be a major bid for expertise in 2012.
required
JJ Associates has seen a significant increase in requests for such staff and we are working with a
number of clients putting together teams covering key areas to satisfy this need.
Compliance, Risk and Regulation

3. Market Knowledge
 The team at JJ Associates consists of recruitment experts with prior banking experience. We
JJA’s in house make every effort to keep abreast of technical developments in the markets as we see this as the
most effective means of understanding the needs of our client base. We can also talk
expertise knowledgably with our candidates and identify strong talent.
 We deal with bankers who are in regular dialogue with national regulators and the view we have
Regulatory is of an urgent need to build solid project and management teams as soon as possible to deal
with the forthcoming abundance of regulation.
awareness
 Over the past few months JJ Associates has been building a specialist database of professionals
Specialist who can cover both permanent and interim positions in this area in order to fulfil the demands
which the market is now witnessing.
database
 We are very aware of the need for access to resources which are available immediately and have
Permanent been focussing on building our interim capability and have also targeted senior risk and
compliance professionals.
& interim
We can field experts who can review and frame plans to implement new rules
as well as set up project teams and longer term strategies.
Compliance, Risk and Regulation

4. Experts
We have built a compliance, risk and regulatory database of professionals who are able to cover the
following key areas
 Compliance/AML/Fraud
 Operational risk
 Market and credit risk
 Governance advisory/Pillar 3 disclosures
 Liquidity and ALM
 Stress testing
 Business process re-engineers/PMO
 Technical authors (business flow ,policies and procedures )
 Rating advisory
 Regulatory relationship managers
 Business analysts
 IT experts in ALM and risk systems
Compliance, Risk and Regulation

5. Ahead of the Game
 The timing for compliance with Basle 3 and CRD 4 has been staged over the next 4
Competitive years or so , but many of the international players are already working on early
advantage compliance as they consider it to mean a competitive advantage with their
customers . Therefore there is a market compulsion to deliver full compliance as
quickly as possible. This is already having an effect on resources.
Demand for talent  Discussions with market practitioners suggest significant demand for staffing in this
area and we would like to encourage our clients to seriously consider the impact of
rising this on their plans for 2012.
 Delaying taking action will inevitably result in non compliance and national central
Non compliance banks are not sympathetic to those firms who do not have robust plans or have not
made evident progress. In the UK in particular, the penalties in law for non
costly compliance and breaches are directed at individuals and are punitive. Non
compliance from delays or weak implementation will be more costly than the
necessary investment in time and resources which is required now.
 Our international clients are also affected by regional standard setting and we are
Local & witnessing the need to supplement local staff with external expertise at least for a
international staff period of time.
We can support any requests for resources but timing is key .
Compliance, Risk and Regulation

6. Delivery
At JJ Associates we are a talented and passionate team of recruitment professionals based in the City of London, but active across
Europe and the Middle East. Our team has extensive market experience and our understanding of recruiting in the banking space is
second to none. Since 1987 we have built long-term partnerships with some of the World’s largest banking organisations, to
become their preferred recruitment provider. Key service elements include:
• An established global network of banking professionals, across Treasury, Capital Markets, Corporate & Investment
Banking and Credit with Risk & Compliance becoming a major element in our network.
• Executive Search Management, Managed Advertising Programme, Research & Advice. All will involve methods of
search including (but not limited to) headhunting, market mapping, database search, social networking and sector-
specific advertising.
• Provision of added-value services such as innovative research to ensure we and our Clients remain ahead when planning for
recruitment.
In the current market it is key to get staff on board as quickly as possible and deliver results. This
is even more essential for systems implementations which need specification and testing.
JJ Associates can deliver a prompt solution to this resource requirement and we would like to
encourage clients to contact us as soon as they have a clear picture of their hiring plan for the
next 2 years.
Compliance, Risk and Regulation

7. JJ Associates Consultants
Our Risk & Compliance Team
Julie Skinner - Managing Director and Founder of JJ Associates.
After studying Law Julie joined the City and specialised in corporate banking, particularly
credit, syndications, structured and project finance, as well as developing a corporate
treasury sales function. Since moving into recruitment her primary focus has been
treasury, risk, DCM and structured finance with a focus in the UK and the Middle East.
Bruce Wheelan – Director.
Started his career with Barclays International in trade finance and credit before moving to
Deutsche Bank in Germany and London in Credit Risk Management. His primary focus is in
Transaction and Corporate Banking both in the UK and the Middle East.
We are supported by an experienced, dedicated, internal research team which understands the need
to source high calibre candidates in a timely and discreet manner.
Compliance, Risk and Regulation

8. 25 years of service
In 2012 we are celebrating 25 years of providing
professional recruitment services to the international
banking sector. Throughout this time we have
endeavoured to use the expertise gained to provide our
clients with a first class, personal, thorough and
innovative service which we will continue to place at
your disposal. It is because we have a strategic vision of
our clients’ needs that we have been able to support
them through every stage of development.
Interim Talent - Long Term Solutions

9. Contact US
So how can JJ Associates
help you with your
Compliance & Risk Requirements today?...
Please Contact
Headquarters
Julie Skinner Bruce Wheelan
Managing Director Director JJ Associates
42 Leadenhall Market
E: julie@jj-associates.co.uk bruce@jj-associates.co.uk London
M: +44 (0) 7989 639 583 +44 (0) 7710 850 858 EC3V 1LT
T: +44 (0) 20 7623 1122 www.jj-associates.co.uk
Compliance, Risk and Regulation