About the Awards
This accolade, for operations rising stars celebrates excellence in financial markets. It’s all about acknowledging hard work on the road to the top. It’s about recognising and rewarding talent within the industry – the future rising stars.
Awards stages & judging process
September 2008
Pre launch publicity.
October 2008
Initial call for nominations – The City will be invited to nominate online to create a list of potential rising stars (the nominees).
November 2008
Shortlist announcement (top 10 in each category) and call for votes – the City will be invited to vote to whittle the shortlist down to one, the category winner.
December 2008
Category winners’ announcement. At this stage the judging will be passed to the Awards judging panel. The category winners will be asked to supply a personal statement and a recommendation from a line manager.
Recommendations will need to be based on pre agreed criteria which will be communicated with the relevant people at the time.
Based on the recommendations received, our judges will decide on the overall Rising Star and, where necessary, will investigate further by telephone, email or a face-to-face meeting.
March 2009
Awards ceremony – announcement of the Badenoch & Clark Rising Star 2009.
Categories
- Client Services
- Collateral Management
- Commodities
- Dividends/Corporate Actions
- Documentation
- Loans
- Prime Brokerage
- Reconciliations
- Settlements
- Trade Support
Criteria for entering
Open to anyone working in a Financial Services back/middle office role:
- Irrespective of level
- Irrespective of time served in company/industry
- Irrespective of age, gender
- A colleague/peer must nominate the nominees
- Nominations must come from a designated work email address
So what are the judges actually looking for?
CNBC anchor Steve Sedgwick sums up what the judges are looking for.
“We’re definitely not looking for people who see Rising Stars as a stepping stone to a front-office role, we’re looking for people who have set out on great City careers but perhaps in functions that are less often in the limelight.
…we’re less interested in stellar cvs than in demonstrations of commitment and the ability to operate effectively in tough situations
“To succeed in middle and back office roles demands great drive, a willingness to put in the time to learn the job and also the ability to be a great team player. It’s a different skill set from front office, but one that firms are now recognising as vital and rewarding accordingly.
“In looking at the nominations, we’re less interested in stellar cvs than in demonstrations of commitment and the ability to operate effectively in tough situations.
“Those people who’ve done well in the past are the ones who’ve been praised by their colleagues and bosses for reacting well in times of crisis or simply when things have been difficult. We’re looking for the doers: the people who don’t just shine when everything’s rosy, but are prepared to pull their fingers out and lead whatever the situation.
“What’s heartening is that more and more exciting talent is being attracted into middle and back office roles, and in many firms, this is now seen as the place to be. London is a huge draw for the top young professionals. We have the best products and markets and all the best firms are represented here.
“No doubt it’s going to make it even tougher to decide on our Rising Star this time round.”
