If there’s one topic we all can’t stop talking about, it’s artificial intelligence. Across platforms, industries, age groups, and dinner tables, AI’s enormous potential — and pitfalls — is dominating conversations. What does the development of AI hold for finance and banking professionals? How is AI being used today and what can we expect in the…
What are the SEC’s Climate Risk Disclosure Regulations? In March 2022, the SEC published its proposed Climate Risk Disclosure regulations, also known as “The Enhancement and Standardization of Climate-Related Disclosures for Investors.” For the first time in history, management at publicly traded U.S. companies must provide information on the climate risks associated with their operations…
What are the Human Capital Disclosure Rules? The SEC Human Capital Disclosure Rule, also known as “The Securities Exchange Commission (SEC) Modernization of Regulation S-K Items 101, 103, and 105,” entered into effect on November 9, 2021. At its core, these rules require management at publicly traded companies to disclose information about their workforce, including…
Lenders, Beware of Competing on Rate… Competing on rate is a race to the bottom, period. And pricing concessions early in the negotiation will both decrease overall profitability and cement expectations of future discounting. But there’s good news: Clients generally only quibble over basis points in the absence of perceived value. Here are seven levers…
How to Forecast Headcount Spend Your headcount spend is one of the most important numbers to project correctly. Most people don’t realize that their headcount typically accounts for 50-80% of their cash burn. But it makes sense — a company’s biggest asset is its people, so it shouldn’t come as a surprise that it may…
What is the ESG Disclosure for Funds Regulation? The ESG Disclosure for Funds Regulation, also known as the “Enhanced Disclosures by Certain Investment Advisers and Investment Companies about Environmental, Social, and Governance Investment Practice,” was presented by the US Securities and Exchange Commission (SEC) on May 25, 2022. These proposed regulations aim to enhance the…
What is Capital Markets Trading? Capital markets trading is a sell-side career path within the capital markets division at an investment bank. A trader is responsible for the buying and selling of financial markets instruments, such as stocks, bonds, foreign exchange, and derivatives, either on behalf of the bank’s institutional clients, for the bank using…
Working in Market Risk The Global Financial Crisis of 2008 sharply focused the attention of organizations, especially investment banks, on managing their market risk, significantly increasing demand for market risk professionals. Market risk has also transitioned from a support function of the trading desks to an independent function that reports directly to senior risk management….
Project Evaluation Career Overview Every organization must make important decisions about the tasks and projects they wish to pursue over the coming fiscal year. Project evaluation, as a job role within a financial planning and analysis (FP&A) department, refers to the process of assessing the financial viability of proposed projects and providing recommendations to senior…
What is a Debt Restructuring Professional? Debt restructuring is a complex process involving renegotiating the terms of existing debts to help companies and lenders face financial distress. As a job role within the advisory department of a financial services firm, the debt restructuring professional is responsible for advising clients on how to manage their debt,…
