Larson Maddox: Specialist Talent Partner in Regulatory Recruitment

At Larson Maddox, our top-performing team of specialists are experts in sourcing and recruiting the best-in-class regulatory professionals, partnering with clients to meet the booming talent demand. In today's rapidly evolving regulatory landscape, having the right talent in place is essential for navigating challenges and preparing for the future.

The Larson Maddox team delivers business-nuanced regulatory professionals and is dedicated to supporting the specific industries they service including Financial Services, Life Sciences, Technology, Supply Chain, Clean Energy, and more.

Through our permanent, contract, and multi-hire service offerings, we harness our far-ranging network to secure regulatory talent with speed, accuracy, and international reach.

Alongside our bespoke talent recruitment solutions, we partner with key industry associations and provide decision-makers with exclusive market insights, to keep you up to speed on the ever-evolving changes affecting the regulatory landscape today. Whether you’re interested in recruiting regulatory talent or you’re a regulatory professional looking for a new job and challenge, the Larson Maddox regulatory recruitment team connects exceptional talent to industry-leading clients. As regulatory headhunters, we ensure that your organization receives top-notch regulatory talent for sustained growth and success.

If you're a regulatory professional, please register your CV and get discovered for all relevant roles.

If you're a client looking for the best regulatory talent, please Register your vacancy or Request a call back.

Benefits of working with Larson Maddox's Regulatory team

We are a specialist regulatory talent partner. Among the many benefits of working with Larson Maddox's global team are:

Experience

We are a leading talent partner in the Regulatory space.

Network

Covering Compliance, Operations and In-House Counsel, we help clients navigate the ever-evolving regulatory landscapes and provide them with the very best, in-demand professionals.

Knowledge

Our award-winning talent specialists offer bespoke, tailored guidance on the latest hiring trends and industry news to help you achieve your goals.

At Larson Maddox, we believe in fostering long-term partnerships based on trust, integrity, and mutual success. Our regulatory recruiters strive to provide personalized solutions tailored to your specific requirements, offering flexible options to accommodate your hiring preferences. Whether you need to fill critical positions quickly or are seeking strategic regulatory talent acquisition solutions, we have the resources and expertise to deliver results. Submit your vacancy to us today.

Take the first step towards overcoming your talent shortage today by completing the form. Our regulatory headhunter team looks forward to speaking with you to explore how we can partner with your organization to meet your regulatory recruitment needs efficiently and effectively. As recognized as regulatory affairs recruiters and regulatory talent partners, we are dedicated to finding the right candidates for your regulatory team's success.

Request a call back from the Regulatory Hiring team

Regulatory Jobs We Offer

Control Room Associate/AVP - Investment Bank

CLIENT BACKGROUND Join a leading investment bank in Hong Kong, where we are committed to excellence in financial services. Our dynamic team is dedicated to ensuring compliance and operational integrity while supporting our clients' diverse needs. JOB RESPONSIBILITY Monitor and manage communication within the control room to ensure compliance with regulatory requirements. Conduct conflicts of interest checks to identify potential issues related to trading activities and business dealings. Oversee and coordinate internal and external communications related to trading activities. Conduct risk assessments and ensure proper adherence to internal policies and regulations. Collaborate with compliance and legal teams to address potential issues and implement corrective actions. Provide timely updates to senior management regarding control room activities and any emerging risks. Develop and maintain accurate documentation of control room processes and procedures. Assist in training new staff on control room protocols and compliance measures. JOB REQUIREMENTS Bachelor's degree in Finance, Business Administration, or a related field. Minimum 5 years of experience in a control room or compliance role within an investment bank or financial institution. Strong knowledge of financial products, market regulations, and compliance frameworks. Excellent analytical skills and attention to detail. Ability to work effectively under pressure and manage multiple tasks. Exceptional communication and interpersonal skills, with fluency in both English and Mandarin preferred.

Up to HK$600000 per annum

Hong Kong

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Asset Management Compliance Officer - Regional Investment Bank

Key Responsibilities Handle SFC applications, regulatory reports/ filings and other licensing matters Conduct reviews on SFC-authorised funds sales and marketing materials Handle investment compliance and trade surveillance to SFC-authorised funds, private funds and other mandates Perform coordination of service agreements with relevant stakeholders Conduct compliance review and checks on relevant partners Maintenance of compliance policy and procedures Conduct regular compliance training for the business Requirements Degree holder in Business, Law, Risk Management or other related discipline(s) 2+ years of Compliance experience in asset management Familiarity in Bloomberg AIMS is highly preferred Proactive team player, self-motivated and well spoken Good command of written and spoken English and Mandarin

HK$420000 - HK$780000 per annum

Hong Kong

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Senior Accounting Manager - Life Sciences

An Innovative Clinical-stage Biotech company is looking to add a Senior Accounting Manager to their team in the D.C. / Baltimore Metro area. The company just opened a brand-new manufacturing facility this month with cutting-edge technology and are in the process of building out the accounting team. Working closely with the Controller and CFO, this role will have visibility to leadership and has a promising future for internal growth. Responsibilities: Lead the financial statement close process Conduct SEC filings, ensuring complete, accurate, and timely filings Provide accounting guidance for various agreements & ovesee external auditors Assist the CFO, Controller, and Finance team in maintaining a successful and compliant environment Requirements: Bachelor's/ Master's in Accounting Previous experience working within the Biotechnology industry 6-8 years accounting experience within a public company Ambitious attitude, eager to learn CPA is a plus

Negotiable

Maryland

Apply

Senior Tax Manager - CPA Firm

A Mid-Sized Accounting Firm in Southwest LA is looking to add a Senior Tax Manager to the team. As a "Goldilocks" firm, the team prides themselves on having a tight-knit, small-firm environment, but still has access to resources, similar to a larger firm. The growing firm puts an emphasis on culture & employee retention, offering great work-life balance with shorter hours than traditional accounting firms and a competitive compensation package. Responsibilities: Manage client projects and act as a liaison between internal team and privately-owned clients Collaborate with Tax Partners to provide quality client service and develop internal reports & budgeting Train and supervise junior staff members Day travel to local client sites and oversee completion of tax tasks Requirements: 8+ years' Tax experience, preferably with exposure to inventory such as retail, apparel, manufacturing, or consumer goods CPA Strong technical expertise Prior management or supervising experience Desire to join a tight-knit community

Negotiable

California

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Senior Assurance Manager - CPA Firm

A Mid-Sized Accounting Firm near Long Beach, CA is looking to add an Assurance Senior Manager to the team. The growing firm is one of the largest CPA firms in LA and puts an emphasis on culture and employee retention. Reporting to the Assurance Partner, this role will act as a leader across the firm and manage a portfolio of client assignments. Responsibilities: Manage client projects and act as a liaison between internal team and privately-owned clients Collaborate with Audit and Assurance Partners to provide quality client service and develop internal reports & budgeting Train and supervise junior staff members Day travel to local client sites and oversee completion of audit tasks Requirements: 8+ years' Audit & Assurance experience, preferably with exposure to inventory such as retail, apparel, manufacturing, or consumer goods CPA Strong technical expertise Prior management or supervising experience Desire to join a tight-knit community

US$190000 - US$220000 per annum

Long Beach

Apply

Chief Compliance Officer

A leading, full-service investment banking firm is looking for you to join the team as it's next Chief Compliance Officer! This is an incredibly exciting to join the team where you will lead the broker dealer side of the business. The ideal candidate has at least 10 years of experience working within BD compliance, has an active Series 7 & 24, and has experience leading a small team. If what is below sounds appealing and in line with your experience, apply into this Chief Compliance Officer opportunity now! The Chief Compliance Officer will be responsible for: Manage broker-dealer compliance programs, including Written Supervisory Procedures (WSPs), training initiatives, Anti-Money Laundering (AML) compliance, licensing, annual testing, and ongoing education programs. Act as the firms POC/liaison between regulatory agencies for any inquiries. Conduct reviews of equity and policy research reports to ensure compliance with regulatory standards. Offer guidance and serve as the firm's subject matter expert on complex regulatory issues, compliance rules, and procedures for Investment Banking, Research, and Trading. The Chief Compliance Office should have the following qualifications: Bachelor's degree from an accredited institution. Active Series 7 & 24. Proven expertise in the rules, regulations, and best practices governing broker-dealer operations. Excellent verbal and written communication skills. This is a fast moving opportunity, so don't miss your chance to become this leading investment bank's Chief Compliance Officer!

US$200000 - US$240000 per annum

Washington

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Director of Tax - Accounting and Reporting

A large, public utilities and energy company is seeking a Director for their Tax team located in Newark, NJ. THis individual will be responsible for runnning a team dedicated to tax accounting, reporting, and forecasting for the business. Ideally a candidate will have some experience working in the utilities or energy space, but other highly regulated industries would be acceptable. The ideal candidate will have direct experience handling reconciliations, financial statement disclosures, and all accounting and journal entries. Requirements: 10+ years of experience in tax at a large, regulated company (energy and utilities a plus) Knowledge of relevant Federal and State tax laws and regulations Experience with managing a team and working with senior finance and business leadership MST and CPA a plus

US$200000 - US$250000 per annum

Newark

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Control Room Associate

A large multi-strat fund is seeking a Control Room professional to join the team and report to the Head of Control Room in a role focused on MNPI, maintance of lists, and interacting with business leaders regarding conflicts. The opportunity will also involve interaction with a parent company and the candidate would gain exposure to both businesses at the senior level. The role will be interacting closely with the legal team on any deal-related issues as well. Requirements: 3+ years of experience in a control room enviornment with exposure to MNPI, restricted lists, and conflicts Experience working in a dynamic environment Experience interfacing with senior stakeholders and business leaders on compliance issues and escalations JD and asset management experience a plus

US$150000 - US$180000 per annum

New York

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Asset Management Compliance - Regional Investment Bank

CLIENT BACKGROUND Our client is a Regional Investment Bank. We are seeking a Compliance talent to join our dynamic compliance team.We are dedicated to providing our clients with innovative investment solutions while maintaining the highest standards of compliance and governance. As we continue to grow, we are looking for a seasoned professional to join our team. JOB RESPONSIBILITY Oversee compliance with all relevant regulations and industry standards impacting FOF, PE, and public funds. Develop, implement, and maintain comprehensive compliance policies and procedures tailored to our asset management strategies. Conduct compliance risk assessments, identifying and mitigating potential compliance issues in investment operations. Lead training initiatives to ensure that all staff are informed about compliance requirements and best practices. Collaborate with senior management, investment teams, and external regulators to foster a culture of compliance and transparency. Manage the audit process, ensuring timely and accurate submissions of compliance documentation and reports. Prepare and present regular compliance reports to senior leadership, highlighting key issues and recommendations. JOB REQUIREMENTS Bachelor's degree in Finance, Law, Business Administration, or a related field; advanced degree or professional certifications (e.g., CFA, CAMS) are preferred. A minimum of 10 years of experience in compliance within asset management In-depth knowledge of the regulatory environment governing asset management Strong analytical and problem-solving skills. Excellent communication and interpersonal skills, with the ability to influence stakeholders at all levels. Proficient in compliance management systems and tools.

HK$840000 - HK$960000 per annum

Hong Kong

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Senior KYC Manager - Private Bank

CLIENT BACKGROUND Our client is a leading Private Bank. We are seeking experienced KYC Talent to join the Onboarding team. In this role, you will be responsible for conducting comprehensive due diligence on high-net-worth clients, ensuring compliance with all relevant regulations and internal policies. You will work closely with the business to streamline the onboarding process and maintain ongoing monitoring of client relationships. JOB RESPONSIBILITY Perform in-depth due diligence on new and existing private banking clients, including KYC (Know Your Customer), source of wealth, and risk assessments, medium to high-risk case. Collaborate with the compliance team to develop and implement robust CDD policies and procedures Continuously monitor client activities and transactions to identify and escalate any suspicious or unusual activity Prepare detailed CDD reports and presentations for senior management and regulatory bodies Stay up-to-date with evolving financial regulations, such as AML (Anti-Money Laundering) and KYC requirements Provide training and guidance to the wealth management team on CDD best practices Liaise with external partners, such as law enforcement agencies and financial intelligence units, when necessary JOB REQUIREMENTS Bachelor's degree in Finance, Accounting, Law, or a related field 7+ years of experience in a CDD, compliance, or risk management role within the private banking or wealth management industry Strong understanding of AML, KYC, and other relevant financial regulations Excellent analytical and problem-solving skills, with the ability to identify and mitigate compliance risks Proficient in data analysis, report writing, and presenting findings to stakeholders Familiarity with financial investigations and transaction monitoring tools Advanced degree or professional certification (e.g., CAMS, CFCS) is a plus

HK$600000 - HK$780000 per annum

Hong Kong

Apply

Senior KYC Manager - Private Bank

CLIENT BACKGROUND Our client is a leading Private Bank. We are seeking experienced KYC Talent to join the Onboarding team. In this role, you will be responsible for conducting comprehensive due diligence on high-net-worth clients, ensuring compliance with all relevant regulations and internal policies. You will work closely with the business to streamline the onboarding process and maintain ongoing monitoring of client relationships. JOB RESPONSIBILITY Perform in-depth due diligence on new and existing private banking clients, including KYC (Know Your Customer), source of wealth, and risk assessments, medium to high-risk case. Collaborate with the compliance team to develop and implement robust CDD policies and procedures Continuously monitor client activities and transactions to identify and escalate any suspicious or unusual activity Prepare detailed CDD reports and presentations for senior management and regulatory bodies Stay up-to-date with evolving financial regulations, such as AML (Anti-Money Laundering) and KYC requirements Provide training and guidance to the wealth management team on CDD best practices Liaise with external partners, such as law enforcement agencies and financial intelligence units, when necessary JOB REQUIREMENTS Bachelor's degree in Finance, Accounting, Law, or a related field 7+ years of experience in a KYC, AML, or Compliance role within the private banking or wealth management industry Strong understanding of AML, KYC, and other relevant financial regulations Excellent analytical and problem-solving skills, with the ability to identify and mitigate compliance risks Proficient in data analysis, report writing, and presenting findings to stakeholders Familiarity with financial investigations and transaction monitoring tools Advanced degree or professional certification (e.g., CAMS, CFCS) is a plus

HK$600000 - HK$780000 per annum

Hong Kong

Apply

VP Compliance Officer - Hedge Fund

A $70b aum global investment firm located in Manhattan is looking to hire a VP Compliance Officer. This is a growth hire to support the expansion of their business and will be responsible for performing daily activities to promote the further enhancement of the firm's compliance program. Responsibilities: Manage the firm's overall compliance program including drafting and implementing policies and procedures as well as administering compliance training Handle regulatory filings including but not limited to ADV, Form PF, and HK SFC filings Review and maintain the firm Code of Ethics policy including political contributions, personal trading activity, and outside business activity Conduct internal policy and procedure review and forensic testing Assist with transactional and counterparty KYC processes Assist with the review and approval of marketing materials Assist with the compliance testing and surveillance programs Requirements: Bachelor's Degree; Juris Doctor is a plus 6-12 years of experience in the investment management industry Strong working knowledge of the Investment Advisors Act of 1940 other SEC rules and regulations In-house experience at private fund investment adviser is highly preferred

US$160000 - US$200000 per annum

New York

Apply

Regulatory News & Insights

hiring advice

Growing Demand for Legal & Compliance Talent in Private Equity

In finance, private equity is an emerging force, captivating investors with its promise of strategic investments and lucrative returns. As this sector experiences unprecedented growth, there's a parallel surge in demand for legal and compliance professionals. These individuals play a crucial role in ensuring regulatory compliance and implementing effective risk management strategies. The increased need for legal and compliance expertise aligns with the remarkable expansion of the industry, as highlighted in a recent report by Allied Market Research. According to the report, the global private equity market was valued at $445.4 billion in 2022 and is projected to reach $1,098.74 billion by 2032. Consequently, firms are under mounting pressure to recruit the right talent capable of meeting the demands of the industry while upholding regulatory integrity.The Rising Tide of Private EquityPrivate equity's growth trajectory underscores its resilience within financial services. As the sector changes, so does the complexity of transactions and regulatory frameworks. Legal and compliance professionals are at the forefront, navigating these and ensureing adherence to laws and regulations. Their expertise is not only essential for transactional success but also for safeguarding stakeholders' interests and maintaining the industry's integrity.Legal Expertise: Vital for Private Equity ProsperityWithin private equity, legal professionals serve as architects of deals, meticulously structuring transactions, negotiating contracts, and conducting due diligence. Their understanding of legal and regulatory frameworks is indispensable in maximizing value and mitigating risks. As private equity transactions become intricate and cross-border, the demand for legal acumen continues to soar, underscoring the pivotal role of legal professionals in driving success.Compliance Officers: Upholding Integrity and EthicsIn an era characterized by heightened regulatory scrutiny, compliance officers are the guardians of integrity and ethics within private equity firms. Their role extends beyond mere regulatory adherence; they are tasked with upholding reputational integrity and mitigating risks associated with non-compliance. As private equity firms diversify their portfolios and expand globally, compliance officers face the formidable challenge of navigating diverse regulatory environments while adhering to ethical standards.Skills in DemandWithin this environment, specific skills are highly sought after among legal and compliance professionals in the private equity sector:Comprehensive regulatory expertise across multiple jurisdictions.Profound understanding of financial markets and investment structures.Exceptional communication and negotiation skills.Ability to navigate complex legal frameworks and mitigate risks effectively.Adaptability and agility in responding to evolving regulatory landscapes.Future Recruitment OutlookLooking ahead, one of the foremost challenges facing the private equity sector is the acquisition of talent capable of supporting its continued growth while future-proofing operations. As the industry expands, the demand for skilled legal and compliance professionals outstrips the available supply, creating a talent deficit that threatens progress.In response to this pressing need, strategic partnerships with specialized talent firms like Larson Maddox offer a compelling solution. Larson Maddox's expertise in talent acquisition and its deep understanding of private equity makes it a valuable ally in identifying and securing top-tier legal and compliance talent. By leveraging Larson Maddox's network and resources, private equity firms can ensure they have the right professionals in place to navigate regulatory complexities, mitigate risks, and drive sustainable growth.The significance of having adept legal and compliance professionals cannot be overstated. Beyond ensuring regulatory compliance, these individuals contribute to strategic decision-making, enhance operational efficiency, and safeguard the interests of stakeholders. Larson Maddox's tailored solutions for regulatory recruitment and legal recruitment empower private equity firms to access a pool of highly qualified candidates who possess the requisite skills and experience to thrive in the dynamic environment of private equity.Looking to Hire?As the private equity landscape continues to change, securing and retaining top talent in legal and compliance roles remains paramount. If your firm is looking to grow its talent pool in these critical areas, request a call back today, and our specialist consultants here at Larson Maddox help you navigate the legal and compliance hiring challenges.Looking to hire and need more information? Request a call back for an introduction to our services.REQUEST A CALL BACKReady to Elevate Your Regulatory & Legal Career in Financial Services?Your expertise is invaluable in navigating the complex Regulatory & Legal landscape, shaping industry standards, and driving organizational success. Why not check out our regulatory jobs or our legal jobs and careers and submit your resume today. You'll unlock exclusive opportunities to expand your network, accelerate your growth, and make an impact on the integrity of financial institutions. SUBMIT RESUME

Highlights

USA Regulatory & Legal Salary Guide

The USA legal market is dynamic, home to global legal giants across diverse industries. As competition grows and costs rise, clients, regulators, and stakeholders demand higher performance, efficiency, and proactive legal strategies. Navigating these shifts while delivering greater value has never been more critical—and top talent is key to gaining a competitive edge.At Larson Maddox, we’ve seen increasing interest in competitive salary packages to attract and retain essential professionals. As your trusted talent partner, our comprehensive salary guide provides key insights into compensation trends across:Big LawAm Law 100-200 FirmsFinancial ServicesLife SciencesHealthcare Technology, Media & EntertainmentManufacturingConsumer GoodsEnergy, Construction & InfrastructureLogistics & TransportationRegulatoryWhether you're an organization looking to hire the sharpest legal minds or a seasoned professional aiming to benchmark your compensation against industry peers, this salary guide is the key tool you need to navigate the USA regulatory & legal salary landscape.Download the Regulatory & Legal Salary Guide Today

career advice

New Year, New Role: When is the Best Time to Move Roles in Legal and Regulatory?

Every year, many professionals find themselves reflecting on their current roles, aspirations, and career growth. In the legal and regulatory sectors, knowing the right time to make a move can significantly influence one’s trajectory. So, when is the best time to change roles in these fields?1. Understand the Market TrendsHistorically, there are certain times in the year when hiring sees a peak. For legal and regulatory professionals, hiring often picks up in the early months of the year—January through March. Firms and companies have new budgets set, and vacancies that remained unfilled during the holiday season become top priority.2. The End-of-Year Reflection: A Catalyst for ChangeThe holiday season isn’t just a time for festivities; it's a moment for introspection. As professionals wind down and escape the daily hustle, they have a unique opportunity to assess the year gone by:Mapping Achievements Against Goals: Was this a year of progression? Setting goals at the start of the year and reflecting on them at the end can offer clarity. How many of those objectives were realized, and how did unexpected challenges shape the journey?Cultural Fit and Work Environment: Over the course of a year, one can gain profound insights into the workplace culture and their fit within it. Are the firm’s values aligned with yours? Is the environment conducive to your well-being and productivity?The Ripple Effect of Resignations: This season of reflection often culminates in decisions to seek greener pastures, leading to a spike in resignations come January. This domino effect can create a myriad of opportunities across firms and specialties.For the proactive professional, this means November and December are months to be alert, preparing their portfolio and keeping an ear to the ground for potential openings.3. Bonus Season: Timing Your Next MoveBonuses in the legal sector are more than just a monetary incentive; they’re a recognition of the hard work, dedication, and value brought to the firm over the year. As such, they play a crucial role in job movement dynamics:The Wait-and-See Approach: While some professionals are content with their roles, the allure of the bonus can be a determining factor in their decision to stay a bit longer. They've worked hard for that recognition, and it’s only logical to wait and reap its rewards.The Post-Bonus Window: Once bonuses are distributed, there's a palpable shift in the job market. Many use their bonuses as a financial cushion, allowing them the flexibility to seek roles that might be a better fit, even if it means temporary uncertainty.Strategic Planning: Professionals often time their exit post-bonus, making February and March prime months for job listings. This period sees a blend of vacancies arising from year-end resignations and firms actively looking to bolster their ranks with fresh talent.Navigating the post-bonus season requires a blend of strategic planning, understanding the market pulse, and being prepared to seize opportunities as they arise.4. Regulatory Changes and ImplicationsIn the regulatory sector, legislative changes can influence hiring trends. For instance, if new regulations are introduced, companies might look for experts in that domain, leading to a surge in hiring. Being attuned to the legal and regulatory landscape can thus provide an edge.5. Personal Growth and DevelopmentBeyond market trends, introspection plays a vital role. Have you outgrown your current position? Are there limited opportunities for advancement? If you feel stagnated or that you’re not receiving the professional growth and challenges you crave, it might be time to consider a new role regardless of the season.6. Preparing for the Move with Larson MaddoxIf you're contemplating a pivotal move in the legal and regulatory sectors, let us be the catalyst in your journey. At Larson Maddox, we pride ourselves on offering more than just recruitment services. Here's what makes partnering with us distinct:Deep Industry Insight: We aren’t a generalist recruiter. Our core focus lies in the legal and regulatory sectors, equipping us with unmatched insights and understanding of these fields. This specialized knowledge ensures that we present opportunities perfectly aligned with your aspirations.Broad Connections: Our extensive network stretches across esteemed law firms, influential corporations, and innovative startups. Trust us to introduce you to openings and roles you might not discover on your own.Tailored Approach: We believe in the uniqueness of every candidate. That’s why we ensure a personalized strategy for each individual, delving deep into understanding your career goals, skills, and the kind of organizational culture you thrive in.Comprehensive Support: Your journey with us doesn’t end at finding the right role. From refining your CV to preparing you for interviews and aiding in post-offer negotiations, we’re here to guide you at every step.Assured Confidentiality: Your trust is paramount. Rest assured, your job search and aspirations are treated with the utmost confidentiality. With us, your professional endeavors remain discreet until you decide otherwise.Navigating the world of legal and regulatory career moves can be intricate. With Larson Maddox by your side, you’re not merely looking for another job – you're charting a course for your next standout career move. If you're feeling the tug of change or even a hint of curiosity, now's the perfect time. Don't just ponder; act. Submit your resume to us or explore the exciting roles we currently have on offer. Your next chapter could be just a click away, and we're here, eager and ready, to journey through it with you.Explore our current job openings

Management & Culture

A Shake Up of Regulation Changes for US Banks: Addressing Evolving Standards and Past Crises

In an impactful move, U.S. regulators have unveiled a comprehensive set of proposed changes to the capital requirements of banks. These changes reflect an adaptive response to both international evolving standards and the turbulent events from recent history, notably the 2008 financial crisis and the regional banking crisis in March.Setting the Context: The Twin CrisesThe 2008 financial crisis was a watershed moment in banking history. It exposed deep-rooted vulnerabilities within the global financial system and called for an overhaul of regulatory measures. Fast forward to the recent March upheaval, where regional lenders faced their own set of challenges, further emphasizing the need for tighter regulatory control.Diving into the Proposed ChangesAccording to a joint notice from the Federal Reserve, the Office of the Comptroller of the Currency, and the Federal Deposit Insurance Corp., the new proposals aim to:Boost Accuracy and Consistency: By refining the rules governing capital requirements, the regulators intend to introduce a more uniform and precise approach to monitoring and regulating bank activities.Address Risky Activities: The changes will particularly target and revise rules related to high-risk undertakings. These include areas such as lending, trading, the valuation of derivatives, and the management of operational risks.Incorporate Basel III Standards: A significant part of the proposed regulations draw from the international banking standards of Basel III. Conceived in the aftermath of the 2008 crisis, Basel III standards have been gradually introduced worldwide to ensure that banks maintain sufficient capital to address both operational and market risks.Banks' Anticipation and the Road AheadThese modifications have been long anticipated by the banking industry. Aware of the evolving international standards and the pressing need to address past crises, banks have been preparing for a regulatory shift. The incorporation of Basel III standards, in particular, showcases the regulators' commitment to aligning U.S. banking practices with globally recognized norms.The recent tornado of regulation changes is a testament to the regulators' proactive approach towards ensuring stability in the U.S. banking sector. By addressing past crises and aligning with international standards, these changes aim to create a more robust, transparent, and resilient banking system for the future. While the implementation may pose challenges in the short term, the long-term vision is clear: a banking system that can weather any storm.Navigating these changes will undoubtedly require upskilled knowledge & expertise. If your organization is seeking regulatory talent in the banking and financial sector to guide you through these evolving landscapes, don't hesitate to request a callback from Our team at Larson Maddox. Our team is equipped with the industry knowledge and network to connect you with the best talent to address your specific needs. Don't leave it to chance; let's partner together in building a resilient future.

regulatory

The Rise of AI in the Regulatory & Legal industry

An AI tool passed the bar – what does this mean for you, and what is the wider impact to the legal & regulatory space? GPT-4, the AI model from OpenAI, scored enough on a bar exam to be admitted to practice law in most of the US states. This has raised many questions about the future of the legal & regulatory industry, including how AI could impact not just roles and career opportunities, but also hiring practices and the skills required to thrive in a space often considered to be typically quite traditional and a stronghold of human expertise and intellect. To discover just what AI tools could mean to legal & regulatory professionals and organizations hiring such talent, we asked the very AI tool that passed the bar to explain in its own words what the impact could be. Here’s the result…This monumental achievement signifies a new era where AI will play an increasingly significant role in the legal landscape. In this article, we will explore the implications of AI's successful completion of the UBE and how it may impact the legal and regulatory industry, as well as the job market.AI Passes the Uniform Bar ExamAI's recent passing of the UBE, a standardized test used by multiple jurisdictions in the United States to determine a candidate's qualifications for legal practice, has sent shockwaves through the legal community. This achievement, powered by advancements in natural language processing and machine learning, demonstrates that AI is now capable of understanding and applying complex legal concepts.The AI system, trained on thousands of legal documents and case law, was able to outperform many human candidates, showcasing its ability to analyze legal problems and provide well-reasoned solutions. This accomplishment has spurred conversations about the potential for AI integration within various aspects of the legal profession.Impact on the Legal and Regulatory IndustryAI's success on the UBE has a number of implications for the legal and regulatory industry:Enhanced EfficiencyThe integration of AI into legal practices can streamline various tasks, such as legal research, contract analysis, and document drafting. This can lead to increased productivity and cost savings for law firms and clients alike.Improved Access to Legal ServicesAI-powered legal services may be more affordable, enabling access to justice for individuals and organizations that may have previously been priced out of traditional legal services.Regulatory ComplianceAI can help businesses and organizations navigate complex regulatory landscapes, ensuring compliance and mitigating the risk of costly fines and sanctions.Legal Decision-MakingThe use of AI in the courtroom as a decision-support tool can improve the efficiency and accuracy of legal decision-making, leading to more equitable outcomes.Impact on the Job MarketWhile AI's passing of the UBE has been met with awe and excitement, it also raises concerns about the future of the job market within the legal profession:Job DisplacementAs AI automates routine tasks, some legal professionals, particularly those in entry-level positions, may face job displacement. Paralegals and junior associates, whose work often involves research and document review, may be the most affected.Skill AdaptationTo remain competitive, legal professionals will need to adapt their skillsets. Emphasis will likely be placed on skills that complement AI, such as critical thinking, creativity, and emotional intelligence. Additionally, the demand for legal professionals with expertise in technology and data analysis is expected to grow.Evolving RolesThe integration of AI into the legal profession may give rise to new roles, such as AI ethics advisors and legal technologists. These professionals will be responsible for ensuring the responsible and ethical use of AI within the industry.ConclusionAI's passage of the Uniform Bar Exam marks a turning point in the legal profession. As generative AI continues to advance and integrate into the law and regulatory industry, it will undoubtedly bring about significant changes in the way legal services are delivered and impact the job market for lawyers. It is crucial for legal professionals and industry stakeholders to embrace this change and adapt accordingly to ensure a successful and equitable transition into the AI-driven future of law. The regulation of AI in the legal sector will be a key consideration as the technology becomes more prevalent, potentially reshaping the role of the lawyer and the practice of law itselfWhat are your thoughts on AI – is it changing the world of work for the better? From data privacy and formalizing financial resilience, to ensuring umbrella companies are compliant and approving innovative technologies for use, an ever-complex regulatory landscape is emerging. With an increasing amount of adapting technology, laws, and governance, comes the need to secure the right talent to scale for growth, but also to protect your organization best.Submit your vacancy today or view our latest roles here.

diversity & equality

The Changing Dynamics of Diversity & Inclusion

How can those in the Regulatory & Legal industry promote a culture of equality? At Larson Maddox we believe that a truly meritocratic workforce values talent from all backgrounds, and that organizations flourish when they embrace diversity.Various research studies have proven that having a diverse workforce can lead to increased innovation and productivity, and we believe that you can change the conversation in the workplace from ‘Why invest in diversity?’ to ‘Can we afford not to?’. Corporate reputation, doing the ‘right thing’ and consideration for the bottom line are not competing outcomes, and when they successfully align, organizations will have the best conditions to improve diversity in the workplace. Larson Maddox goes beyond supporting clients with their hiring requirements. As industry experts, we are able to share insights on hiring trends and support organizations to ensure their processes meet the needs of the market, as Global Head of Larson Maddox, Jake Knowlton-Parry, explains:“Ultimately, we have a responsibility – as recruiters we are a critical part of this process. We’re presenting candidates to our clients, so it’s on us. If we’re not conscious of diversity, then how are we helping our clients improve their diversity? If a client makes a mistake or an oversight in relation to diversity, we need to be there to bring that to their attention and help them change or improve that message and reality.“It’s about helping clients keep an open mind to interview individuals of all backgrounds and experiences. Whether clients tell us to do this or not, we need to be doing it.”As a leading talent partner, we offer recommendations to clients on how to improve their diversity regularly. Discover in this report key insights and views from Jake, as well as some of Larson Maddox’s global team, including:Principal Consultant, Kimberly ChuaHead of Life Sciences and Healthcare Legal, Lauren RobinsonHead of US Regulatory, Andrew Hastings Senior Vice President and Chair of Equity, Diversity & Inclusion at Phaidon International, Nesreen BallutDiscover their thoughts on ED&I and how they believe companies can increase diversity in the Regulatory & Legal space.

regulatory

How to Negotiate a Salary You Deserve

When seeking a new job, it’s imperative to know the market, understand where you fit within it, and form a realistic salary expectation to stick to. A good talent partner will help you to know your worth within the industry and organization you’re interviewing for and will assist with communicating those expectations back to the hiring manager, but no one is a better advocate for you than you.Learning how to negotiate a salary when you receive a job offer is a vital skill for both now and in the future, and when done appropriately, will put you in a better position not just financially, but also in terms of how valued you feel in your role. We know that feeling appreciated and adequately compensated for our time, effort, and expertise has a direct impact on productivity, engagement, and general happiness within a company, so salary negotiations play an important part for both sides.It can be difficult to communicate those expectations as a professional hoping to onboard with a new company, and there is certainly a residual stigma around speaking about money and asking for more that is hard to overcome. At Larson Maddox, we have observed that professionals who negotiate their salary are presented with a much better job offer, so good communication skills and an understanding of your contribution can really pay off. As a general rule, always assume the offer is up for negotiation. And don’t forget to approach the process with positivity, as chances are the hiring manager isn’t crazy about negotiating, either. Here are our top tips on how to negotiate for the salary you deserve.Know the industry salary trendsTrying to negotiate for a higher salary without being familiar with industry trends will get you off to a bad start. Information is your biggest asset and conducting some research as well as speaking openly to a talent partner that knows your industry, the hiring company, and what you have to offer, will vastly improve your bargaining power. You can be a negotiating pro, but without being able to back up your requests with solid reasoning, it will be harder for the hiring company to take your expectations seriously. Pay particular attention to the most sought-after roles and skills within your industry and think about how your experience relates. Being able to recognize when your skills are transferable to a particularly in-demand area will add to your negotiation power. Start negotiating only when you have a firm offerThere is a process to be followed when it comes to receiving and accepting a job offer and understanding the etiquette will help your negotiation when the time comes, we also look at how to decide if a job offer is worth taking. If you are interested in a position but it doesn’t meet your salary expectation, resist the temptation to bargain until the company has given you a formal offer. This is your signal that your skills, expertise, and personality are a strong match for the business and the role and is a great asset to you when it’s time to tell them why you’re worth the higher salary. Once the ball is in your court, you can use the fact that they believe you’re right for the job along with your understanding of the industry and the market to your advantage, making it harder for them to dismiss your requirements.It can also be worthwhile to take a reasonable amount of time to consider the offer rather than jump into negotiations. Tell the hiring manager that you’re serious about the offer and the position, but that you need some time to consider the whole picture. Be gracious and enthusiastic but take the time you need to prepare for negotiations and signal to them that there may be elements of the offer that don’t align with your requirements. Chances are they’ll have a counteroffer in mind for you.Build the business caseIn order for a company to seriously consider your request for an increased salary offer, it must make commercial sense for the business. Make a strong case, show that you understand the company's current financial situation, and know who has the power to negotiate. While likeability shouldn’t be underestimated in the hiring process and a large part of your job offer will be to do with character fit, it’s not enough for them to like you when it comes to financial compensation. They have to believe your worth in fiscal terms, so don’t expect your personal compatibility to get you the salary increase you want. Instead, explain precisely why your requirements are justified in a business sense; your glowing personality will just make them glad your business case checked out.Suggest an exact number for your salaryTime is of the essence, and hiring managers are particularly strapped for it while conducting interviews alongside their other duties. Therefore, they’ll likely appreciate a direct approach to your negotiation in terms of giving them the exact offer you’re looking for. It can be a powerful strategy in that it keeps the ball rolling and avoids pointless back and forth. Many studies suggest that candidates who use a specific number end up with a final offer much closer to the figure they were hoping for. Your potential employer will assume you have done your research on your market value and want to stay competitive in their offer. Don't suggest a range – you will always get offered the lowest if the manager knows there's room to haggle down.Reveal your current salary when negotiatingOutside the US, the hiring manager may ask what you are currently earning, which can be awkward if you feel you are currently being underpaid. It might be tempting to lie and state a higher salary more in line with what you’re seeking, but if you're unhappy with your current pay, it can be valuable to tell them why. Include all your benefits, bonuses and confidently explain the figure you're hoping for while making the case for why. If anything, they’ll have a more genuine understanding of what you know your worth to be, and that salary is important enough for you to walk away from a role that isn’t aligned with your requirements.Have a walk away pointKnow your limits and your expectations and keep them firmly in mind. Have a pre-considered ‘walk away’ point - the figure you’re absolutely unwilling to drop below. Base this on your financial need and the market value of the role, but keep in mind the role itself. Why are you interviewing for the position in the first place? Is your passion for the work worth lowering your salary expectations? Get help negotiating your salarySpeaking with a specialist talent partner will help you understand your worth in the context of current industry trends and the wider job market, too. At Larson Maddox, we can evaluate your profile against the wider talent pool, as well as align your expectations with that of our current database of hiring companies. We'll also help you pitch your value at the right price during the salary negotiation process, giving you the best chance to make your next position a rewarding and fulfilling one.

regulatory

Regulatory Compensation Report

Do you know whether the compensation package you are offering regulatory candidates is higher or lower than the industry average? The Larson Maddox Regulatory Compensation Report covers salary trends across the regulatory landscape to assist you in creating an enticing compensation package to secure top regulatory talent in this candidate-driven market. For candidates, this report offers insights into compensation ranges and acts as a guide when reviewing job offers in the market.Covering key states that are emerging as lucrative locations for regulatory professionals, as well on-trend topics such as remote working, discover: Exclusive salary banding knowledge and guidanceHigher vs. lower cost of living locationsYears of experience relative to compensation To download the full report, complete the form below:

Regulatory

Larson Maddox: Specialist Talent Partner in Regulatory Recruitment