There’s never been a better time for women in financial services. Whether it’s an
entry-level role, senior position
or a case of setting up your own
business, at no point in history
has it been better for professional
That was the message from those
interviewed for this feature. However, this was very much the prefix
to the fact that these gains have
been marginal and more needs
to be done to balance out gender
equality, in an industry which has a
lot of catching up to do.
More than ever before, the top
roles at clearing houses, technology
vendors and exchanges are being
held by women in the derivatives
In recent years it has become
much easier to create a flexible
working environment, set up your
own business and work on a contractual or consultancy basis.
Add into the equation that the
UK is one of the first countries to
introduce gender pay gap reporting, requiring 9,000 employers to
publish their gender pay gap.
The above can all be described as
progress, but the rate of speed is
simply not quick enough.
For example, female representation is growing on executive
committees - 16% in 2016 – and on
financial services board – 20% in
2016 - according to research from
Oliver Wyman. However, at current
rates of growth, financial services
globally will not reach even 30%
female executive committee representation until 2048.
And even with the government
pay-gap initiative, current rates
wouldn’t see full equality in financial services until 2070.
The reality is the number of
women in senior front-office roles