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Uncertainty meets its match
In brief Despite an upturn in the economic outlook, uncertainty remains ingrained into business operations today. As a result, most corporate treasuries are
Find out more“Treasury is a small universe in the US, so getting traction is a key challenge – but once we do, it will catch fire”
Dan Delean recently joined Zanders as Managing Director of our newly formed US risk advisory practice. With a treasury career spanning more than 30 years, including 15 years specializing in risk advisory, he comes to us with an impressive track record of building high performing Big 4 practices. As Dan will be spearheading the growth of Zanders’ risk advisory capabilities in the US, we asked him to share his vision for our future in the region.
Q. What excites you the most about leading Zanders' entry into the US market for risk advisory services?
Dan: This is a chance to build a world-class risk advisory practice in the US. Under the leadership of Paul DeCrane, the quality of Zanders reputation in the US has already been firmly established and I’m excited to build on this. I love to build – teams, solutions, physical building – and I am unnaturally passionate about treasury. Treasury is a small universe here, so getting traction is a key challenge – but once we do, it will catch fire.
Q. What do you see as the unique challenges (or opportunities) for Zanders in the US market?
Dan: A key concern for financial institutions in the US right now is the low availability of highly competent treasury professionals. Rising interest rates, combined with economic and political uncertainty, are driving up demand for deeper treasury insights in the US. In particular, the regulatory regime here is increasing its focus on liquidity and funding challenges, with a number of banking organizations on the ‘list’ for closing. But while the need for deep treasury competencies is growing fast, the pool of talent can’t keep up with this demand. This is an expertise gap Zanders is perfectly placed to address.
Q. How do you plan to tailor Zanders' risk advisory services to meet the specific needs and expectations of US clients?
Dan: My plan is to attract the best talent available, building a team with the capability to work with clients to tackle the hardest problems in the market. I want to build a recognized risk advisory team, that’s trusted by clients with difficult challenges. My intention is to focus on building these competencies through a highly focused approach to teaming.
Q. In what ways do you believe Zanders' approach to risk advisory services sets it apart from other firms in the US market?
Dan: Focus on competencies and effective teaming will make Zanders stand out among advisory businesses in the US. Zanders is an expert-driven, competency focused practice, with a large team of seasoned treasury and risk professionals and a willingness to team up with other industry players. This approach is not common in the US. Most firms here deploy leverage models or are highly technical.
Q. What kind of culture or working environment do you aim to foster within the US branch of Zanders?
Dan: I’m committed to recruiting well, training even better, and being a key supporter of my team. I believe culture starts at the top, so all team members that join or work with us need to buy into the expert model and Zanders’ approach to advisory. Within this culture, trust and accountability will always be core tenets – these will be central to my approach to teaming.
With his value-driven, competency-led approach to teaming and practice development, there’s no-one better qualified than Dan to lead the growth of our US risk advisory. To learn more about Zanders and what makes us different, please visit our About Zanders page.
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