Women in Finance
We wouldn’t have it any other way.
From day one, we’ve set out to disrupt the banking sector. Our goal was to shake things up and create something dramatically different from the norm. But it wasn’t just about giving our customers a bank that was truly unique, it was about treating our people differently too.
That’s why we’ve designed our employment policies and roles to appeal to all. Every position in our bank, no matter what the department, is open to everyone. Gender doesn’t even come into it when we’re making a recruitment decision; it’s about what you can bring to the table.
So when the government reviewed the representation of women in senior managerial roles in financial services in 2015, we’re happy to report that we were already streets ahead of the competition.
The review made four recommendations to the industry:
- Firms should have one member of the senior executive team who is responsible and accountable for gender diversity and inclusion
- Firms should set internal targets for gender diversity in senior management
- Firms should publish progress annually against these targets in reports on their website
- Firms should have an intention to ensure pay of the senior executive team is linked to delivery against these internal targets on gender diversity
The HM Treasury’s Women in Finance Charter is designed to get firms to commit to implement these recommendations, and as you can imagine, we signed up straight away.
Having created a culture of inclusivity at Atom, we’re proud to say that we are targeting all the important conditions of this charter, and will measure our success against it using the following benchmarks:
What we’ve done so far:
- We have brought recruitment in-house to take greater control over hiring campaigns and targeting
- By actively promoting flexible working we’ve become known as an attractive family-friendly employer
- We try to ensure we meet the needs of our diverse workforce beyond gender
- We encourage and support our people in their careers
- We’re working on initiatives to help grow and promote women to move up the organisation
- We’ve nurtured close links with other challenger banks to support to each other and attract more women into the world of finance
In 2017 our Director of Intermediary Lending, Maria Harris, won the first Women In Finance (Banker of the Year) award, it was the icing on the cake. We also appointed board member Bridget Rosewell as chair.
In 2018 we had 39.11% female representation in senior management. This is an increase from 34.21% female representation in 2016 when we signed the Charter. We believe we are on track to meet our Charter target by our deadline
Atom is a big happy family, and we’re determined to keep it that way. So if you’ve got any questions about the way we’ve implemented the Women in Finance Charter, just get in touch and we’ll chat through things.
a pledge for gender balance across financial serviceswomeninfinance.org.uk