MDM Consultants was privileged to collaborate with BNP Paribas a leading global financial institution, in a retained search that resulted in the highly successful hire of a Head of Regulatory Affairs. The client sought an experienced professional to take on this pivotal role across the region, playing a crucial part in shaping their regulatory strategy and ensuring compliance within their dynamic and evolving environment.
Challenge
BNP Paribas, understood the importance of securing an accomplished Head of Regulatory Affairs to support their Investment Banking operations across Europe. This role required a blend of regulatory expertise, strategic acumen, and a deep understanding of the evolving financial landscape. Recognising the uniqueness and significance of this position, the client opted for a retained search approach to ensure the utmost dedication and precision in identifying the right candidate for their organisation.
Approach
The retained search mandate demanded a distinctive approach, as the Head of Regulatory Affairs role necessitated a rare combination of skills and experience. MDM Consultants crafted a tailored strategy, leveraging specialised headhunting techniques to pinpoint candidates who possessed the desired blend of regulatory knowledge and strategic vision.
Taking into account the roles strategic objectives, with MDM’s adaptable approach, our team enabled seamless alignment with the role requirements. Through swift approaches aligning with the search criteria and selection process, ensured a consistent supply of highly suitable candidates. The distinctiveness of the role brought forth challenges due to the scarcity of candidates with the precise skill set and expertise.
However, MDM’s adept consultants, armed with extensive networks and industry insights, embraced a proactive approach to surmount these challenges. Leveraging targeted outreach, niche talent pools, and comprehensive assessments, they identified an exceptional pool of candidates who matched the unique demands of the role.
The comprehensive retained search strategy encompassed exhaustive research and meticulous networking, resulting in the identification of a long list of potential candidates who exhibited the requisite qualifications and experience. Following thorough assessments and detailed consultations, the long list was distilled into a select shortlist of candidates who resonated with the client’s specific needs and organisational ethos.
After multiple rounds of successful interviews with senior leadership, the client BNP Paribas, extended an offer to an exceptional candidate whose expertise seamlessly aligned with the role’s demands, as well as the organisations vision for a successful future.
Results
Through a strategic and meticulous approach, MDM Consultants presented a long list of 105 candidates for this specialised role. From this initial list, 27 outstanding candidates were curated for the shortlist. This diverse set of candidates showcased a wide range of backgrounds, skills, and experiences, providing the client with a robust and varied selection. From there 5 candidates were selected for interview.
The collaborative partnership enabled BNP Paribas to make a well-informed decision, poised to elevate their regulatory affairs function and contribute to the continued growth and prosperity of the organisation.
This retained search engagement for the Head of Regulatory Affairs underscores the value of MDM’s tailored methodology, encompassing a comprehensive search strategy, adaptability, and in-depth industry knowledge. By surmounting challenges, honing the search criteria, and delivering a shortlist of exceptional candidates, MDM Consultants successfully facilitated the recruitment of a strategic leader who is set to drive the BNP Paribas’ regulatory initiatives and foster their ongoing organisational advancement.
MDM Consultants takes pride in partnering with global financial institution, BNP Paribas, on this critical and rewarding search, further solidifying their commitment to fostering success through exceptional talent acquisition.
Key Statistics:
MDM Consultants Retained Search Approach
Our consultants find talent across 100% of the candidate market. Via our headhunting capabilities and extensive network, MDM Consultants is able to attract any hidden talent that would typically be missed in a contingent based search.