Selby Jennings Deutschland

Deutsche Bundesbank Warning over Cyber Security


Berlin, Germany -- (SBWIRE) -- 10/28/2021 -- Digitisation is something that remains an uphill struggle for many institutions in the banking and financial services sector. Now, Bundesbank has set out to highlight that this could be a specific challenge for German banks as part of its regular monthly report. The institution warned that the fast pace of technological innovation has the potential to create difficult situations for many banks in the German sector. As tech, such as cloud computing and artificial intelligence - as well as the ongoing fallout from lockdowns during the pandemic - has speeded up the digitisation of banking, there is a danger that some in the industry are failing to keep up. Much more intense competition for financial services, as well as a considerable shift in customer expectations, has piled on the pressure for banks to take steps to adapt. Particularly vital, according to Deutsche Bundsebank, is the need for banks to catch up where cyber security is concerned and to ensure that they are on top of the latest protocols, threats and innovation.

Selby Jennings is a financial recruitment agency with a significant presence in the German market. The firm was established in 2004 and now works with organisations and individuals across the country in many locations, including Berlin and Frankfurt, Hamburg, Munich and Cologne. As a leading specialist financial recruitment agency, the firm has developed expertise across many different fields in banking and financial services, including quantitative research and trading, legal and compliance, financial technology, cloud and infrastructure and cyber security. Selby Jennings works with enterprises across the industry, from established institutions to agile, innovative start-ups - and helps provide opportunities for individuals to take career-defining next steps. A combination of permanent, contract and multi-hire solutions helps the firm to create options for every recruitment need and to streamline the process to make it simpler, more effective and more mutually beneficial for all involved.

It's not just in Germany where Selby Jennings is well established as a financial recruitment agency. The team has a wealth of experience in the local market but is also part of a 1,000+ strong international workforce that also gives it significant global reach. Plus, it is the recruitment partner of choice to hundreds of world-leading companies as part of the Phaidon International group, which operates across 6 countries. Over the years Selby Jennings has built up a database of more than a million mid-to-senior professionals and connections with enterprises across the spectrum and across the globe. The firm also places a lot of emphasis on its own internal team and has invested heavily in its own people. Consultants at Selby Jennings are extensively trained on a regular basis and work with best-in-class recruitment technology and strategies. There are currently many different roles available via financial recruitment agency Selby Jennings, including Salesforce Commerce Cloud Technical Lead, Threat Intelligence Enterprise Manager, Business Development Director [Industry 4.0] and Application Manager.

"Like for many sectors, 2020 marked a defining moment for recruitment. Challenged by uncertainty, but unwavering in our commitment to our clients, we have endured through 2021 with a sense of duty to clients and candidates", commented Matt Nicholson, Managing Director at Selby Jennings Europe. He went onto say, "as we reflect on the challenges of virtually securing and retaining talent, we're inspired by a team who have demonstrated a remarkable ability to adapt and continue to help all our clients secure top talent on a global scale."

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About Selby Jennings
Selby Jennings knows that building the right team isn't easy. However, with the support of the right hiring partner, access to key networks and contacts, it's possible to reimagine the process of recruitment to make it more positive, satisfying and productive.