When Hiring a Compliance Contractor Is the Right Move for Financial Services Firms
In today’s regulatory landscape, financial services firms must be able to act quickly. Whether responding to a new FCA directive, preparing for an audit, or managing a remediation project, compliance teams often require additional support. In many cases, the best solution is not a permanent hire but an experienced fixed-term contractor.
Hiring a compliance contractor in London allows firms to bring in specialist knowledge at the right time, for the right duration. These professionals are typically engaged for clear outcomes, such as strengthening governance, fixing control issues, implementing operational change, or stabilising risk functions after senior turnover. Their value lies not just in technical expertise but in their ability to deliver results with minimal onboarding and within well-defined timeframes.
At Fram Search, we are trusted compliance contractor recruiters in London. Our Compliance and Risk practice places experienced individuals into structured, high-responsibility contracts that offer both short-term impact and long-term benefit. We do not operate in the temporary staffing space. Instead, we focus on fixed-term appointments that solve real business challenges.
Why Compliance Contractors Work
Many of our clients are operating at full capacity. Adding permanent headcount may not be feasible, especially when dealing with time-sensitive projects or budget constraints. A contractor gives firms access to immediate skills and bandwidth, without the delay of a full hiring cycle. This model also works well when the need is project-based or driven by temporary gaps in leadership.
Contractors can be a valuable part of a broader workforce strategy. They are often used to test new structures or trial new roles. Hiring someone on a fixed-term basis provides a clear view of how they integrate into your team. If the contract goes well, it may evolve into a permanent position. If not, the business still benefits from the work completed and the external insights gained.
Regulation Is Moving. Teams Must Too
The compliance function has shifted significantly over the past decade. It is no longer just about policies and procedures. Today’s compliance leaders are strategic business partners, and they are expected to advise on regulation, operations, governance, and risk culture.
Hiring an experienced contractor means bringing in someone who has likely operated at this level across multiple firms. Many have held senior SMF positions, advised boards, and worked through a range of regulatory challenges. Their experience can help you scale safely and avoid common pitfalls.
For firms navigating M&A, building out new structures, or preparing for SMCR reviews, this type of expertise is not just helpful—it is essential.
London’s Deep Talent Pool
London remains one of the strongest compliance talent markets in Europe. It is home to a large number of experienced professionals who now operate as contractors by choice. These individuals bring sector-specific knowledge from asset management, wealth management, fintech, and banking.
They understand FCA expectations and are used to stepping into complex or politically sensitive environments.
The rise of remote and hybrid working has made it easier to access this talent. However, for firms with offices in London, working with compliance contractor recruiters who know the local market remains an advantage.
Getting the Scope Right
The success of a contractor hire depends on proper scoping. Define the problem clearly, agree on what success looks like, and make sure the internal team is ready to support the contractor’s work. Clarity on deliverables, reporting lines, and timescales sets both parties up for success.
Well-scoped contracts attract stronger candidates and lead to better outcomes. They also help avoid misunderstandings and ensure internal alignment—especially if the contractor is working alongside permanent team members.
Why Work With Fram Search
Fram Search has supported clients across financial services since 2010. We have placed professionals into fixed-term roles and work with asset managers, private banks, wealth firms, and specialist lenders. Our network includes senior professionals who are available immediately and able to make a fast, measurable impact.
We understand the difference between filling a gap and solving a problem. Our approach is consultative and strategic, and we focus on long-term partnerships with our clients.
If you are looking for experienced compliance contractor recruiters in London, and want to work with a firm that understands both the market and the regulatory landscape, Fram Search would be pleased to help.
About Fram Search
Fram’s Corporate Functions Practice provides a deeply consultative recruitment service focusing on Finance & Accounting, Legal & Compliance, and Operations functions.
Established in 2010, Fram Search is a specialist financial services recruitment consultancy. We focus on mid-to-senior hires in the UK and internationally, providing high quality contingent and retained recruitment services, focusing on permanent & interim placements at all levels.
We have long established relationships, outstanding market knowledge, and access to deep talent pools. Fram takes a highly consultative approach, combining outstanding tech with a human approach. We are proud that our contingent fill rate is nearly three times the industry average and we augment our retained search methodology with rigorous psychometric testing. We take ESG seriously, we are champions of diversity and all staff have undertaken unconscious bias training. We also carbon offset.
Please contact us on 01525 864 372 / [email protected] to learn more.
Share this Post