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MERJE identifies a Director of Risk & Compliance for Thriving Investments, an ambitious real estate fund management business |
At a Glance | |
The Challenges
| The Benefits of MERJE
|
The Situation
Thriving Investments is a growing real estate fund management firm which is striving to be the most socially responsible asset management business in the housing sector.
At a pivotal point in the organisation’s journey, when it had reached the scale at which it needed a dedicated person to manage the FCA regulation and establish an adept risk management function, the MERJE team were delighted to extend our existing partnership to support in the search for this critical role.
The Challenge
Thriving Investments believes that responsible and carefully managed capital investment not only protects each fund’s portfolio, but further generates value, which ultimately helps to foster sustainable communities.
With this in mind, it was vital that the appointed Director of Risk & Compliance had the breadth of experience to be able to not only build the risk management function from scratch, but embed the “Responsible Investment” risk culture across every level of the business.
With Thriving Investments being a newer and boutique organisation, the personality and cultural fit of the candidate was also vitally important.
The firm operates in the relatively specialist Property Funds market and was focused heavily on London-based options, meaning a limited candidate pool.
Thriving Investments also had fairly urgent timescales for this appointment, making the search a high priority.
The Solution
MERJE has provided hiring solutions to Places for People (the group that Thriving Investments is a part of) for a number of years and as such, we were recommended by group members to support on the Director of Risk & Compliance project.
Our team has decades of expertise across the Private Equity / Funds arena, with networks spanning the whole of the UK and consultants who specialise in London specifically, meaning we were well placed to deliver candidates matching the stringent experience and location criteria.
We conducted a highly targeted search, covering all key Property Funds businesses in London, keeping in mind that people with backgrounds mainly in the big corporates may not thrive in the start-up environment.
The Result
11 WeeksTime to Hire | 2:1CV to Interview Ratio | 7 YearClient Partnership |
Having a strong and experienced team allowed us to dedicate sufficient resource to work effectively to the short timescales.
Five highly suitable candidates were introduced within the first two weeks
All five candidates went through a three-stage interview process over a two-week period
Two of the five individuals stood out and were considered at offer stage
Ultimately, one candidate was offered the role and accepted quickly, meaning the process was wrapped up smoothly just a few days after the offer was extended and well within the original timescales requested.
The Feedback
"MERJE were really good at understanding our needs and have a good network to draw from. Their relaxed and informal approach also really suited me."
John Tatham
Finance & Investment Director
The client
"It’s a testament to our truly specialist expertise that we were able to deliver on this critical role in such a short time frame. We’ve worked hard to cement ourselves as industry specialists and are delighted to be able to fulfil projects like this so clients can achieve their long-term goals."
Edward Manson
Managing Director
The consultant
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