It was a busy month in August for Grovelands and we’ve been on the hunt for a much higher number of financial services professionals than usual to fill contract and permanent roles for our clients. With the PPI deadline finally announced, many of these roles have been in PPI Case Handling, but the recruitment doesn’t stop there, and we’ve been sourcing fantastic candidates for a number of different positions within the financial sector.
PPI deadline causes surge in requirements for Case Handlers
At Grovelands, we’ve seen a rise in requirements for skilled PPI Complaints Handlers, and five of our clients have requested additional people to join their team. This has varied from a few extra professionals to lighten the load, to large numbers of positions needed to create new teams.
It can be difficult to find the right candidates for the job in some locations, and so we’ve seen many firms starting to open up business in new locations. The Grovelands team have been on the case to source the best candidates for these new positions.
This may be, in part, due to the recent announcement by the FCA/PRA about the deadline for consumers to claim refunds on missold PPI. Following the highly publicised Plevin case, the FCA/PRA set a deadline for any remaining PPI to be claimed by 29th August 2019, and this has caused PPI claims to surge and banks to set aside hundreds of millions more to cover the costs of increasing claims.
With all the extra work involved in processing these claims, banks and firms are in need of more professionals to share the workload. This is where Grovelands comes in.
While Grovelands has been regularly sourcing PPI case handlers for firms for some time, since the Plevin deadline was announced in March, we have seen a surge in requirements for skilled PPI Case Handlers and we have been working hard to recruit a much larger number of professionals who can deal with the growing number of PPI claims.
Seeking Past Business Review Case Handlers
But it’s not all about PPI, and at Grovelands, we’re currently on the lookout for a number of talented Past Business Review Case Handlers. Finding the right candidate can be a lengthy process, and we’re currently working at sourcing a variety of different experts to handle Past Business Reviews to deal with credit cards, financial crime reviews and investment banking remediation.
Grovelands is a leading recruitment consultancy for major banks and firms, and we regularly source professionals that can help our clients in complaints handling, QC financial services for the consumer market, short-term loan processing, check cashing and other financial services, as well as capable team leaders and data gatherers.
Finding more permanent roles in consulting
It seems that August has been a busy month of growth for everyone in the finance industry and so we’ve also seen a rise in requirements for permanent roles. These have included professionals to carry out KYC analysis, compliance officers at trading firms and people to carry out regulatory consulting and business consulting at professional service firms, as well as business partners for large insurers.
The work we do at Grovelands is vitally important to the financial services sector, and our team have been working extra hard this month to meet the currently growing demand for the perfect candidate.
If you’re a firm in need of financial service professionals, or you’re a candidate looking for work and think you would be a great fit for any of these roles, do get in touch, we’d be happy to help.