KennedyPearce Financial Services Group is a recruitment consultancy specializing in placing candidates into finance, accounting, operations, marketing and risk roles within investment banks, asset managers, and other financial institutions. They have over 30 years of experience recruiting candidates at all levels, from graduate trainees to CFOs/COOs. The document provides details on the types of finance roles KennedyPearce recruits for and typical salary ranges for those roles in the UK market.

1. KennedyPearce
Financial Services Group
consulting
EXCEEDING YOUR EXPECTATIONS

2. As an expanding business, we focus on quality rather than quantity, individuals rather than statistics. We
have a growing reputation for building long-term relationships through communication, market awareness
and innovative solutions. Ultimately, however, it is our understanding of the individuals we work with that
sets us apart.
KennedyPearce Financial Services Group specialises in recruiting Accounting, Operations, Marketing and
Risk into Investment Banks, Investment Managers, Hedge Funds, Private Equity, Private Banks, Insurance and
Broking. We have over 30 years of experience in
recruiting staff at all levels, from graduate trainee to CFO/COO. We combine expert industry knowledge with
a personal approach, to provide professional, high quality recruitment services.
KennedyPearce Financial Services Group has a core recruitment base in London and the South East of
England, we also cover financial positions for clients throughout Europe, Middle East & Asia.
Overview

3. KennedyPearce Consulting has been developed by experienced recruitment consultants, each with a
specialist knowledge of their area and market sector.
This has created a strong database of relationships for both our clients and candidates as well as a
professional and tailored service. Each of our consultants source high calibre professionals from the UK and
overseas through reputation, referrals, advertising and international partnerships.
Expert Consultants

4. Our specialist Finance Division places high calibre candidates into top tier Finance organisations. We can
help you with roles across areas including Financial Control, Management reporting, Product Control, Fund
Accounting, Regulatory Reporting and Finance IT. Our team of experienced consultants, who have built solid
relationships with the best candidates, will always endeavour to take the time to find the candidate specific
to your individual needs. Our Consultants have a wide-range of industry experience and as such we specialise
in recruiting in to the following areas at all levels:
Financial Control Product Control
Management Reporting Finance IT
Management Information Finance Systems
Financial Reporting Regulatory reporting
Fund Accounting
Finance

5. The Operations team at KennedyPearce Consulting specialise in recruiting staff at all levels into back office,
middle office and marketing into Asset Managers, Hedge Funds and Banks. Our operations team consists only
of expert consultants, most of whom come from the Financial Services industry. We provide the highest level
of personal service to all of our candidates and clients & pride ourselves on delivery.
Client Services Trade Support Compliance
Credit Risk Performance Data control
Marketing / RFP / Investment Writing Product Management Business Analysts
Relationship Management Fund Accountant Finance
Product Control Operations Control Traders
Settlements and Reconciliations All Asset Classes
Operations

6. The Risk team at KennedyPearce Consulting specialise in recruiting staff at levels
into all areas of back and middle office within Investment Banks, Asset Management, Banking, Financial
Institutions and consulting Practices. The team consists of experienced consultants, who in turn have built
solid relationships with the best candidates and most prestigious firms across the industry. We provide the
highest level of service to both our candidates and clients by taking the time to find specific individual needs.
Our Consultants have a wide-range of industry experience in placing high calibre candidates into top tier
organisations into the following areas:
Quantitative Analysts Risk
Financial Audit Head of Risk/Credit/Collections
Compliance & Regulatory Risk/Credit /Collections Analysts
Solvency Risk/Credit/Collections Managers
Risk Management

7. Commerce Finance Salary Surveys
Column4
Title Column3
Experience Column2
Salary Column1Contract Rate
Chief Financial Officer £150,000+ £700+
Finance Director £100,000 -£200,000 £500 -£1,000
Financial Controller £70,000 -£150,000 £400 -£600
Finance Manager £50,000 -£100,000 £300 -£400
FP & A Manager 5 years+ £75,000+ £400+
3 -4 years £60,000 -£75,000 £300 -£400
1 -2 years £50,000 -£60,000 £250 -£350
Systems Accounting 5 years+ £80,000+ £450+
3 -4 years £60,000 -£80,000 £350 -£450
1 -2 years £50,000 -£60,000 £250 -£350
Product Control 5 years+ PQE £75,000+ £400 -£500
3 -4 years PQE £60,000 -£75,000 £350 -£400
1 -2 years PQE £45,000 -£60,000 £300 -£350
Fund Accounting 5 years+ PQE £70,000+ £350 -£450
5 years+ QBE £65,000 -£70,000 £350 -£450
3 -4 years PQE £50,000 -£65,000 £320 -£360
1 -2 years PQE £50,000 £300 -£350
Part qualified £30,000 -£45,000 £200 -£300
Regulatory Reporting 5 years+ PQE £70,000+ £350 -£450
3 -4 years PQE £55,000 -£70,000 £330 -£400
1 -2 years PQE £45,000 -£55,000 £260 -£350
FS Finance
Internal Audit 5 years+ PQE £60,000 -£75,000 £340 -£400+
3 -4 years PQE £55,000 -£75,000 £290 -£400
Salary Surveys 1 -2 years PQE £45,000 -£60,000 £250 -£350
Management / Financial Accounting 5 years+ PQE £60,000 -£90,000+ £350 -£450

8. 5 years+ QBE £65,000 -£70,000 £350 -£450
3 -4 years PQE £50,000 -£65,000 £320 -£360
Commerce Finance Salary Surveys 1 -2 years PQE £50,000 £300 -£350
Column4
Title Column3
Part qualified Column2
Experience Column1Contract Rate
Salary -£45,000
£30,000 £200 -£300
Chief Financial Officer
Regulatory Reporting 5 years+ PQE £150,000+
£70,000+ £700+
£350 -£450
Finance Director 3 -4 years PQE £100,000 -£200,000
£55,000 -£70,000 £500 -£1,000
£330 -£400
Financial Controller 1 -2 years PQE £70,000 -£150,000
£45,000 -£55,000 £400 -£600
£260 -£350
Finance Audit
Internal Manager 5 years+ PQE £50,000 -£100,000
£60,000 -£75,000 £300 -£400
£340 -£400+
FP & A Manager 5 years+ PQE
3 -4 years £75,000+
£55,000 -£75,000 £400+
£290 -£400
3 -4 years PQE
1 -2 £60,000 -£75,000
£45,000 -£60,000 £300 -£400
£250 -£350
Management / Financial Accounting 1 years+ PQE
5 -2 years £50,000 -£90,000+
£60,000 -£60,000 £250 -£350
£350 -£450
Systems Accounting 5 years+ PQE
3 -4 years £80,000+
£55,000 -£75,000 £450+
£320 -£400
3 -4 years PQE
1 -2 £60,000 -£80,000
£45,000 -£60,000 £350 -£450
£280 -£350
Newly Qualified 1 -2 years £50,000 -£60,000
£45,000 £250 -£350
-£300
ProductCIMA Finalist
ACCA / Control 5 years+ PQE £75,000+
£40,000 -£45,000 £400 -£500
£200 -£250
ACCA Intermediate / CIMA Managerial 3 -4 years PQE £60,000 -£75,000
£26,000 -£38,000 £350 -£400
£150 -£200
Exemptions / Early Stages 1 -2 years PQE £45,000 -£60,000
£20,000 -£30,000 £300 -£350
£120 -£200
Fund Accounting
Bookkeeper 5 years+ PQE £70,000+
£18,000 -£35,000 £350 -£450
£150 -£200
5 years+ QBE £65,000 -£70,000 £350 -£450
3 -4 years PQE £50,000 -£65,000 £320 -£360
1 -2 years PQE £50,000 £300 -£350
Part qualified £30,000 -£45,000 £200 -£300
Regulatory Reporting 5 years+ PQE £70,000+ £350 -£450
3 -4 years PQE £55,000 -£70,000 £330 -£400
1 -2 years PQE £45,000 -£55,000 £260 -£350
FS Finance
Internal Audit 5 years+ PQE £60,000 -£75,000 £340 -£400+
3 -4 years PQE £55,000 -£75,000 £290 -£400
Salary Surveys 1 -2 years PQE £45,000 -£60,000 £250 -£350
Management / Financial Accounting 5 years+ PQE £60,000 -£90,000+ £350 -£450

9. Commerce Finance Salary Surveys
Column4
Title Column3
Salary Column2 Column1
Contract Rate/hour
INVESTMENT MANAGEMENT
Client Relationship Management
Manager/Director £75,000 -£120,000 £25+
5 years+ £60,000 -£75,000 £25
3 -5 years £45,000 -£60,000 £21 -£23
0-2 years £30,000 -£40,000 £18 -£20
Performance Analyst
Manager/Director £70,000 -£100,000 £35+
5 years+ £55,000 -£65,000 £30 -£35
3 -5 years £35,000 -£55,000 £25 -£30
0-2 years £28,000 -£35,000 £20 -£25
Fund Managers’ Assistant
Manager/Director £60,000 -£100,000 £25+
5 years+ £40,000 -£60,000 £23 -£25
3 -5 years £32,000 -£40,000 £18 -£23
0-2 years £28,000 -£32,000 £16 -£18
Distribution -Client Management
Manager/Director £75,000 -£120,000 £25+
5 years+ £60,000 -£75,000 £23 -£25
3 -5 years £45,000 -£60,000 £20 -£23
0-2 years £30,000 -£40,000 £18 -£23
Operations
Pricing
Manager/Director £50,000 -£70,000 £25+
Salary Surveys
5 years+ £40,000 -£50,000 £23 -£25
3 -5 years £30,000 -£40,000 £20 -£23

10. Commerce Finance Salary Surveys
5 years+ £40,000 -£60,000 £23 -£25
Column4
3 -5 years Column3 Column2
£32,000 -£40,000 Column1
£18 -£23
0-2 years £28,000 -£32,000 £16 -£18
Distribution -Client Management
Manager/Director £75,000 -£120,000 £25+
5 years+ £60,000 -£75,000 £23 -£25
3 -5 years £45,000 -£60,000 £20 -£23
0-2 years £30,000 -£40,000 £18 -£23
Pricing
Manager/Director £50,000 -£70,000 £25+
5 years+ £40,000 -£50,000 £23 -£25
3 -5 years £30,000 -£40,000 £20 -£23
0-2 years £20,000 -£30,000 £15 -£20
Data Analyst
Manager/Director £45,000 -£60,000 £25+
5 years+ £35,000 -£45,000 £20-£25
3 -5 years £32,000 -£35,000 £18 -£20
0-2 years £25,000 -£30,0000 £15 -£18
Trade Support
Manager/Director £70,000 -£100,000 £25+
5 years+ £55,000 -£65,000 £22 -£25
3 -5 years £35,000 -£55,000 £18 -£22
0-2 years £28,000 -£35,000 £15 -£181
Fund/Portfolio Analyst
Manager/Director £70,000 -£100,000 £25+
Operations
5 years+ £55,000 -£65,000 £22 -£25
3 -5 years £35,000 -£55,000 £18 -£22
Salary Surveys
0-2 years £28,000 -£35,000 £15 -£18
Fund Administration

11. 5 years+
Commerce Finance Salary Surveys £55,000 -£65,000 £22 -£25
3 -5 years
Column4 £35,000 -£55,000
Column3 Column2 £18 -£22
Column1
0-2 years £28,000 -£35,000 £15 -£181
Fund/Portfolio Analyst
Manager/Director £70,000 -£100,000 £25+
5 years+ £55,000 -£65,000 £22 -£25
3 -5 years £35,000 -£55,000 £18 -£22
0-2 years £28,000 -£35,000 £15 -£18
Fund Administration
Manager/Director £70,000 -£100,000 £25+
5 years+ £40,000 -£60,000 £22 -£25
3 -5 years £30,000 -£40,000 £18 -£22
0-2 years £25,000 -£30,000 £15 -£18
Client Reporting
Manager/Director £65,000 -£100,000 £25+
5 years+ £40,000 -£50,000 £20 -£25
3 -5 years £35,000 -£45,000 £17 -£20
0-2 years £25,000 -£30,000 £14 -£17
Clearing and marketing
Marketing Director £75,000 -£120,000
Marketing Manager £65,000 -£85,000
Marketing 2-5 years £30,000 -£50,000
Marketing 0-2 years £28,000 -£40,000
RFP
RFP Manager £60,000 -£80,000
Operations
RFP 2-5 years £45,000 -£60,000
RFP 0-2 years £28,000 -£40,000
Salary Surveys

12. Commerce Finance Salary Surveys
Marketing Manager £65,000 -£85,000
Column4
Marketing 2-5 years Column3 Column2
£30,000 -£50,000 Column1
Marketing 0-2 years £28,000 -£40,000
RFP
RFP Manager £60,000 -£80,000
RFP 2-5 years £45,000 -£60,000
Title
RFP 0-2 years Salary
£28,000 -£40,000 Contract Rate/hour
INVESTMENT BANKING
Treasury
Payments
5 years+ £35,000+ £20+
3 -5 years £27,000 -£35,000 £16 -£18
2 -3 years £24,000 -£28,000 £13 -£15
0 -2 years Up to £26,000 £11 -£13
Reconciliation / Investigations
5 years+ £35,000+ £22+
3 -5 years £30,000 -£38,000 £18 -£20
2 -3 years £24,000 -£28,000 £15 -£18
0 -2 years Up to £26,000 £12 -£14
Cash Management / Funding
5 years+ £45,000+ £23+
3 -5 years £35,000 -£45,000 £20 -£22
2 -3 years £28,000 -£35,000 £17 -£19
0 -2 years £25,000 -£30,000 £13 -£15
Trade Support
Operations
5 years+ £48,000+ £24+
Salary Surveys
3 -5 years £40,000 -£50,000 £21 -£24
2 -3 years £33,000 -£40,000 £18 -£20

13. 5 years+
Commerce Finance Salary Surveys £45,000+ £23+
Column4
3 -5 years Column3 Column2
£35,000 -£45,000 Column1
£20 -£22
2 -3 years £28,000 -£35,000 £17 -£19
0 -2 years £25,000 -£30,000 £13 -£15
Trade Support
5 years+ £48,000+ £24+
3 -5 years £40,000 -£50,000 £21 -£24
2 -3 years £33,000 -£40,000 £18 -£20
0 -2 years £20,000 -£35,000 £12 -£16
ISDA Documentation
5 years+ £50,000+ £25+
3 -5 years £45,000 -£55,000 £24 -£28
2 -3 years £35,000 -£48,000 £20 -£24
0 -2 years £25,000 -£38,000 £15 -£18
Settlements
5 years+ £48,000+ £24+
3 -5 years £40,000 -£49,000 £20 -£24
2 -3 years £30,000 -£40,000 £17 -£2
0 -2 years £22,000 -£32,000 £14 -£16
Loans Administration
5 years+ £42,000+
3 -5 years £33,000 -£45,000 £21 -£24
2 -3 years £28,000 -£37,000 £18 -£21
0 -2 years Up to £30,000 £14 -£16
Trade Finance
Operations
5 years+ £40,000+ £19+
Salary Surveys
3 -5 years £35,000 -£43,000 £17 -£19
2 -3 years £25,000 -£35,000 £14 -£16

14. 5 years+
Commerce Finance Salary Surveys £42,000+
3 -5 years
Column4 £33,000 -£45,000
Column3 Column2 £21 -£24
Column1
2 -3 years £28,000 -£37,000 £18 -£21
0 -2 years Up to £30,000 £14 -£16
Trade Finance
5 years+ £40,000+ £19+
3 -5 years £35,000 -£43,000 £17 -£19
2 -3 years £25,000 -£35,000 £14 -£16
0 -2 years Up to £25,000 £11 -£13
Client Services
5 years+ £55,000+ £28+
3 -5 years £45,000 -£55,000 £24 -£28
2 -3 years £38,000 -£48,000 £18 -£24
0 -2 years £30,000 -£40,000 £15 -£18
Collateral
5+ years £55,000+ £30+
3-5 years £40,000 -£50,000 £20 -£25
2-3 years £35,000 -£45,000 £17 -£25
0-2 years £28,000 – £35,000 £15 -£23
Operations
Salary Surveys

15. Commerce Finance Salary Surveys
Column4
Title Salary Column3
Title Column2 Column1
Salary
RISK -INVESTMENT MANAGEMENT SALARY RISK -INVESTMENT BANKING SALARY
Credit Risk Analysis Credit Risk Analysis
Director Fixed Income Risk / Research £70,000 -£120,000 Head of Credit £120,000 -£160,000
Senior Fixed Income Risk / Research £50,000 -£80,000 Director £90,000 -£130,000
Fixed Income Credit Risk Analyst / Research £40,000 -£55,000 Associate Director £80,000 -£100,000
Credit Risk Manager £55,000 -£75,000 Manager £60,000 -£90,000
Senior Credit Risk Analyst £45,000 -£65,000 Senior Analyst / Senior Associate £45,000 -£70,000
Credit Risk Analyst £35,000 -£50,000 Analyst / Associate £30,000 -£50,000
Quantitative Analysis Credit Risk Controls Manager £40,000 -£60,000
Director £75,000 -£110,000 Credit Risk Controller £25,000 -£40,000
Quantitative Development Manager £60,000 -£80,000 Quantitative Analysis
Senior Quantitative Developer £50,000 -£70,000 Head of Quantitative Analytics £120,000 -£200,000
Quantitative Developer £40,000 -£55,000 Quantitative Director £80,000, -£140,000
Senior Quantitative Strategist £80,000 -£150,000 Senior Quantitative Analyst (PhD) £70,000 -£100,000
Quantitative Strategist £60,000 -£120,000 Senior Quantitative Analyst (no PhD) £50,000 -£75,000
Senior Quantitative Researcher £50,000 -£90,000 Quantitative Analyst (PhD) £50,000 -£80,000
Quantitative Researcher £40,000 -£60,000 Quantitative Analyst (no PhD) £40,000 -£55,000
Operations Risk Operations Risk
Head of Operations Risk £80,000 -£110,000 Global Head of Operational Risk £150,000+
Director £70,000 -£90,000 Head of Operational Risk £120,000 -£150,000
Manager £50,000 -£75,000 Senior Manager Operational Risk £80,000 -£120,000
Senior Analyst £40,000 -£60,000 Operational Risk Manager £55,000 -£80,000
Analyst £30,000 -£45,000 Operational Risk Analyst £30,000 -£50,000
Portfolio Risk / Investment Risk -Front Market Risk Analysis
Chief Risk Officer £110,000 -£200,000 Head of Market Risk £110,000 -£170,000
Risk Investment Management
Deputy Chief Risk Officer
Director
£80,000 -£120,000
£80,000 -£110,000
Director
Associate Director
£80,000 -£140,000
£70,000 -£100,000
Salary Surveys
Manager £60,000 -£90,000 Manager £60,000 -£90,000
Senior Analyst £50,000 -£70,000 Senior Analyst £45,000 -£70,000

16. Director £70,000 -£90,000 Head of Operational Risk £120,000 -£150,000
Manager
Commerce Finance Salary Surveys £50,000 -£75,000 Senior Manager Operational Risk £80,000 -£120,000
Title Analyst
Senior
Column4 Salary -£60,000Column3
£40,000 Operational Risk Manager
Title Column2 Salary -£80,000
£55,000
Column1
Analyst
RISK -INVESTMENT MANAGEMENT SALARY £30,000 -£45,000 Operational Risk Analyst
RISK -INVESTMENT BANKING SALARY £30,000 -£50,000
Portfolio Risk / Investment Risk -Front
Credit Risk Analysis Market Risk Analysis
Credit Risk Analysis
Chief Risk Officer
Director Fixed Income Risk / Research £110,000 -£200,000
£70,000 -£120,000 Head of Credit Risk
Market £110,000 -£170,000
£120,000 -£160,000
Deputy Chief Risk Officer
Senior Fixed Income Risk / Research £80,000 -£120,000
£50,000 -£80,000 Director £80,000 -£140,000
£90,000 -£130,000
Director
Fixed Income Credit Risk Analyst / Research £80,000 -£110,000
£40,000 -£55,000 Associate Director £70,000
£80,000 -£100,000
Manager
Credit Risk Manager £60,000 -£90,000
£55,000 -£75,000 Manager £60,000 -£90,000
Senior Credit Risk Analyst
Analyst £50,000 -£70,000
£45,000 -£65,000 Senior Analyst / Senior Associate £45,000 -£70,000
Analyst
Credit Risk Analyst £35,000 -£50,000 Analyst / Associate £35,000
£30,000 -£50,000
Portfolio Risk / Investment Risk -Middle
Quantitative Analysis Market Risk Controls Manager
Credit Risk Controls Manager £50,000 -£70,000
£40,000 -£60,000
Director £70,000 -£100,000
£75,000 -£110,000 Market Risk Controller
Credit Risk Controller £30,000
£25,000 -£40,000
Quantitative Development Manager £60,000 -£80,000 Quantitative Analysis
Senior Quantitative Developer £50,000 -£70,000 Head of Quantitative Analytics £120,000 -£200,000
Quantitative Developer £40,000 -£55,000 Quantitative Director £80,000, -£140,000
Senior Quantitative Strategist £80,000 -£150,000 Senior Quantitative Analyst (PhD) £70,000 -£100,000
Quantitative Strategist £60,000 -£120,000 Senior Quantitative Analyst (no PhD) £50,000 -£75,000
Senior Quantitative Researcher £50,000 -£90,000 Quantitative Analyst (PhD) £50,000 -£80,000
Quantitative Researcher £40,000 -£60,000 Quantitative Analyst (no PhD) £40,000 -£55,000
Operations Risk Operations Risk
Head of Operations Risk £80,000 -£110,000 Global Head of Operational Risk £150,000+
Director £70,000 -£90,000 Head of Operational Risk £120,000 -£150,000
Manager £50,000 -£75,000 Senior Manager Operational Risk £80,000 -£120,000
Senior Analyst £40,000 -£60,000 Operational Risk Manager £55,000 -£80,000
Analyst £30,000 -£45,000 Operational Risk Analyst £30,000 -£50,000
Portfolio Risk / Investment Risk -Front Market Risk Analysis
Chief Risk Officer £110,000 -£200,000 Head of Market Risk £110,000 -£170,000
Risk Investment Management
Deputy Chief Risk Officer
Director
£80,000 -£120,000
£80,000 -£110,000
Director
Associate Director
£80,000 -£140,000
£70,000 -£100,000
Salary Surveys
Manager £60,000 -£90,000 Manager £60,000 -£90,000
Senior Analyst £50,000 -£70,000 Senior Analyst £45,000 -£70,000

17. 28th Floor Abbey House KennedyPearce
30 St Mary Axe Wellington Way Financial Services Group
consulting
London Brooklands Business Park
EC3A 8BF Weybridge KT13 0TT
T +44 (0) 207 469 4180 T +44 (0) 1932 268 469
F +44 (0) 207 649 4181 F +44 (0) 1932 268 297
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