Christa Wallart on the tight labour market: 'Break traditional patterns in recruitment and selection'

Christa Wallart on the tight labour market: 'Break traditional patterns in recruitment and selection'

Labor force
Christa Wallart 980 x 600 (foto archief PGGM).jpg

This interview was originally written in Dutch. This is an English translation.

The Dutch labour market has been under pressure for some time. This also seems to apply to the pension and asset management sector, but is this really the case? Is there a ‘war for talent’? And what do young talents actually expect from their careers? Financial Investigator sat down with young professional Christa Wallart, Junior Investment Consultant Fiduciary Advice at PGGM, to gauge her experiences.

What impact is the tight labour market having on you?

The labour market shortage is strongly felt within the financial sector, especially in specialised positions. Attracting talent is a challenge, partly due to the high demands and the variety of skills required in the sector. Add to this the fact that there is an increasing demand for diversity of thought, which means that the pool from which employers can draw is getting smaller and smaller. All of this requires targeted efforts, such as breaking through traditional patterns in recruitment and selection and actively creating an inclusive work environment. In the sector as a whole, you see organisations investing more in personal development, growth opportunities and flexible working arrangements to attract and retain talent.

What makes working in the asset management sector appealing to you?

'The financial sector, and specifically the pension sector, appeals to me because of the combination of complexity and social relevance. As an investment consultant, you play an active role in advising on the strategic direction of the investment portfolio, something that directly influences the future of millions of Dutch people. The goal is to ensure a good pension within a liveable world. It is a daily challenge to find the right balance between sustainability, risk and long-term returns within an ever-changing economic, political and social context.