PracticeAccounting FirmsPwC to recruit over 1,000 technology specialists to its UK risk assurance business by 2020

PwC to recruit over 1,000 technology specialists to its UK risk assurance business by 2020

PwC’s UK risk assurance practice is on track to recruit more than 1,000 technology specialists over the next four years to meet increasing client demand for digital, regulatory and cyber security services

PWC’s UK risk assurance practice is on track to recruit more than 1,000 technology specialists over the next four years to meet increasing client demand for digital, regulatory and cyber security services.

The new recruits will work across all industry sectors in London and the UK regions helping clients address a broad range of issues, including: cyber security and privacy (e.g. threat and vulnerability management); data (e.g. data management and predictive analytics); business systems (e.g. SAP, Oracle, treasury) and technology risk and controls (e.g. IT risk and resilience).

This recruitment drive builds on PwC’s earlier announcement regarding plans to hire more than 1,000 data scientists to its deals business globally, and further highlights the firm’s commitment to investing in technology following recent acquisitions such as Praxism, a consultancy specialising in identity and access management.

Hemione Hudson, PwC’s UK head of assurance, said: “Business models that have served clients well for decades are being disrupted or destroyed due to the speed of digital disruption, the increase of regulatory scrutiny on technology risks, and the escalation of cyber threat, requiring us to respond and build a strong team of specialists.

“Our new technology specialists will span from associates to partners and will consist of over 600 external hires, over 400 transfers from around PwC’s international network and over 200 cyber security, data and technology graduate recruits.”

The firm’s UK IT Risk Assurance practice has created a new graduate recruitment programme for technology which will see cyber security, data and technology graduates embark on a three year programme which includes professional qualifications and aims to produce the Chief Information Security Officers, Chief Data Officers and Chief Information Officers of the future. The first intake for the new IT Risk Assurance graduate programme will start this September.

Marc Bena, risk assurance partner at PwC, commented: “There is a real shortage of technology professionals in the UK. Our vision is to recruit and grow the technology leaders of the future in the same way that we have helped grow generations of finance leaders.

“Our clients and their customers want to know that their technology is innovative and pushing boundaries whilst being safe and delivering what is expected. We have a duty to continue to build a team of technology experts able to help our clients do business with confidence.”

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