Core-Assset Consulting launches investment operations team
Previously, permanent recruitment for these clients was managed between Core-Asset Consulting’s Asset Management and Financial Services divisions. The sourcing of high-calibre, short-term hires will continue to be dealt with by Core-Asset Solutions, the company’s interim, temporary and contract division.
Emma Cormack*, Senior Consultant within Core-Asset’s wider Financial Services division, will be responsible for the recruitment of mid-level roles between £27,000 and £55,000 per annum. Emma has nearly 15 years’ experience of both permanent and temporary recruitment across investment operations, asset management and wider financial services roles.
Cormack will be assisted by Calum Nicol, who joined the company as an Associate Consultant on 2nd March 2015. Calum will work alongside Emma on entry-level roles up to £27,000 per annum.
Louise Powrie, Director of Financial Services, will continue to recruit for senior appointments above £55,000 per annum and will have overall responsibility for managing the team.
The Investment Operations team will focus on roles such as Corporate Actions, Trading & Settlements, Reconciliations, Dealing, Business Analysis, Project Management, IT, etc. It will also support, when required, Core-Asset Consulting’s Asset Management division, where Middle and Back Office assignments require investment operations expertise.
Betsy Williamson, Managing Director of Core-Asset Consulting, said, “Scotland continues to be a location of choice for investment operations and asset servicing. Many third party administrators and global custodians have created centres of excellence here, particularly in terms of specialist, experienced staff providing oversight functions for international operations. We believe Scotland will continue to see growth in this important area of the financial services industry.
“In response, we have taken a strategic decision to provide a more dedicated service to TPAs, custodians and platform providers. This is in recognition of the unique recruitment demands that these organisations have.
“Currently, the investment operations market is well-served by their own in-house recruitment teams. But they need assistance when recruiting for specialist, niche roles which require expertise and experience more common among passive candidate pools. The nature of our recruitment model means we are well placed to help.
“Unique within the recruitment industry in Scotland, our hybrid model combines the best aspects of contingency sourcing, executive search, preferred supplier and temporary recruitment strategies. Therefore we can utilise our executive search capability to research the market and attract difficult-to-find passive candidates, while also drawing on our contingency recruitment expertise to deliver high calibre applicants within the challenging timelines that TPAs often demand.
“As such, our hybrid model combines the best elements of high expertise and swift execution – an ideal combination when recruiting for the difficult-to-fill specialist, niche roles which are so crucial to TPAs.
“We’re looking forward to providing such an important sector of Scotland’s financial services industry with the kind of support it deserves, namely the highest levels of expertise, engagement and value."
*Concise CV – Emma Cormack