en
fr nl
MAKING SUCCESS STORIES HAPPEN

Recruitment experts dedicated to the Financial Services Industry

Permanent Recruitment - Freelance / Interim Management

The Belgian Financial Services sector is characterized by an ongoing quest for efficiency, digitalization and adaptation to global economic shifts. Amid these evolutions, Financial Institutions face significant recruitment challenges.

High demand for skilled professionals leads to tough competition for top talent. Recruitment in the Financial Services sector in Belgium requires a deep understanding of local and international markets & regulations, as well as anticipation of emerging trends.

Our expertise

We go beyond traditional recruitment in Financial Services. Leveraging cutting-edge digital tools and an extensive industry network, we identify and secure top-tier talent with the expertise and mindset to drive your company’s success.

We understand the unique context, goals, and responsibilities of each position. Our commitment is to present you with a carefully selected shortlist of professionals who not only possess the technical skills but also align with your company culture and the key success factors of the role to be filled.

OUR EXPERTS

A team dedicated to the Financial sector

Our experts specialise in recruiting talent in the Financial Services sector in Belgium and internationally. They have a proven expertise and track record in identifying top talent for various positions within financial institutions.

Your benefits

Our expertise in recruitment

We recruit on behalf of:

  • Banks (Retail, Private, Corporate, Investment)
  • Asset Managers
  • Insurance (Life & Non-Life) & Reinsurance companies
  • Payment Institutions
  • Leasing companies (B2C & B2B)
  • Fintech (including Regtech & Insurtech)
  • Private Equity & Venture Capital
  • Real Estate Investment companies
  • Family & Multi-Family Offices
  • M&A Boutiques
  • Trusts & Asset Service providers
  • Industry Associations

Our references

Roles for which we recruit:

Leadership

CEO, CFO, CRO, CCO, CMO, CIO, CHRO, COO,...

Strategy

PMO, Program & Project Management, Transformation & Change,...

MarCom

Marketing, Communications, Branding, Campaign Management, ...

Front Office

Private Banker, Portfolio Management, Relationship Management, …

Operations

Middle & Back Office operations , …

Control Functions

Compliance, Risk, Audit, ...

Finance & Reporting

Regulatory Reporting, Actuary, Finance Operations, …

What are the latest market trends in the Belgian banking sector?
Salary survey for banking professions in Belgium in 2025

  • Our Banking Salary Survey has been written under the supervision of our recruitment experts and is based on extensive research, including interviews with our candidates and an analysis of our clients' assignments over the last 18 months.
Salary survey for banking professions in Belgium in 2025

6 reasons to entrust us with your Financial recruitment needs:

 

Salary Calculator

AI salary checker icon

Entrust us with the recruitment of experts in the Financial Sector in Belgium

Contact us

Loading
  • Your personal details, provided by submitting this form, will be handled in accordance with our Privacy Notice.

OUR RESOURCES

Our latest news

Our insights

arrow icon
Interim Management vs Consulting: Which One to Choose ?
MPG Belgium
/ Categories: en

Interim Management vs Consulting: Which One to Choose ?

Your business hits turbulence? A senior leader leaves with two weeks’ notice? A critical transformation stalls? An acquisition closes and integration gets messy? In moments like these, you cannot afford to wait months for impact. You need results now.  you weigh two routes: bring in consulting or engage interim management. Many leaders across Belgium face the same question: 

Should I bring in consultants or engage an interim manager? 

Both approaches solve business problems, but they are not interchangeable. One gives you advice, the other gives you execution. 

This article explains the real differences between Interim Management vs consulting in Belgium, when to choose each, and how interim leadership turns strategy into action. 

Interim Management VS Consulting: Key Differences 

Consulting Interim Management
Advises Leads and delivers
Provides analysis and recommendations Takes responsibility for results
Brings external expertise Brings hands-on leadership
Works outside the hierarchy Works inside the hierarchy
Designs strategies and frameworks Executes transformation in real operations
Produces reports and playbooks Drives measurable business outcomes

Consulting brings external analysis, frameworks, and recommendations. Consultants advise, coach and deisgn programs. They usually do not hold line of authority. 

Interim Management places a seasoned leader inside your organisation on a fixed term to deliver defined targets. The interim has P&L responsibility, manage teams and signs off decisions. 

Multiple sources confirm the distinctions and the growing European demand for interims. European utilisation of interim managers has been strong, averaging around two-thirds capacity in recent years; a sign that organisations rely on this model for fast execution.

Related article: The Growth of Interim Management in Corporate Finance in Belgium

Tips: If you know what to do but lack the leadership bandwidth to do it, choose Interim Management

When companies should choose consulting

Consulting firms are valuable when businesses need clarity. They analyse, benchmark, and help decision-makers choose a direction. Here are situations in Belgium where consulting makes sense: 

  • You need a fresh market strategy 

Example: A manufacturing group in Wallonia explores expansion into the Netherlands. They need market sizing, competitor analysis, and a go-to-market plan. A consulting team is perfect for this. 

  • You need diagnostic expertise 

Example: A bank in Brussels wants to map operational inefficiencies before a digital upgrade. A consultant can help identify where value is leaking. 

  • You need regulatory advisory 

Example: A healthcare player impacted by EU MDR changes requires compliance support. A consulting expert provides guidance and risk assessment. 

Consulting shines when the problem is unclear or strategic. 

When companies should choose Interim Management

Interim Management is different. It’s more than advice, it’s action. It is leadership you can plug into your business immediately. Interim managers step in during moments of urgency, complexity and change. 

Here are Belgian business scenarios where Interim Management is the right call

  • A key leader leaves suddenly

Your CFO resigns. Closing deadlines don’t wait. You cannot onboard a permanent replacement in a week but you can install an interim CFO who gets control of cash, reporting, and finance teams within days. 

  • A transformation is stuck

Research published in Harvard Business Review found that 70% of change programs fail due to implementation barriers. 

Transformation needs execution discipline. An interim manager builds cadence: governance, milestones, progress dashboards, and therefore, results. 

  • A merger needs integration

Based on our experience as Interim Management firm,  many M&A deals fail to deliver expected value. Most of the time, the case is weak integration execution.  

An interim Integration Lead ensures Day 1 readiness, TSA exit, synergy tracking, and cross-border alignment. Consultants design integration plans. Interims make them happen. 

  • A crisis hits operations

Production is late. Customer churn spikes. Service levels collapse. A consultant can present options but an interim fixes bottlenecks in real time. 

  • A system go-live needs leadership

An interim IT or transformation leader holds delivery accountable while securing business adoption. 

Case study: Interim Manager VS Management Consultant 

A Brussels-based fintech had to separate from its parent after a carve-out. TSAs set hard deadlines. The in-house team was stretched. A consulting firm delivered a target operating model and a sequencing plan. Useful work. But integration lagged; vendors missed dates; service credits loomed. 

They brought in an Interim CIO for six months. Week one, the interim rebuilt the cutover plan, collapsed decision cycles, and reset vendor SLAs. Week four, they chaired a cross-functional war room. By month four, the company exited the TSA on time and under budget. The consultant’s plan stayed the blueprint; the interim manager made it real. 

This pattern is common: consulting for the “what,” interim for the “how” and “who does it tomorrow morning.” 

Decision framework: five questions to choose wisely 

  1. Do you need decisions made inside the line now? If yes, choose interim management. 
  2. Is your biggest risk unclear diagnosis or unclear execution? Unclear diagnosis → consulting. Unclear execution → interim. 
  3. Is there a leadership vacuum or capacity gap? Vacuum → interim management. 
  4. Are there immovable deadlines? (TSA exit, audit, regulator) Yes → interim. 
  5. Will success depend on moving people and budgets, not just ideas?  Yes → interim. 

If you still hesitate, you can contact our Interim Management consultants to do a rapid assessment and see what solution can work best for you. 

How Interim Management reduces risk 

Interim Management is a low-risk model: 

  • No employment contract 
  • Fast onboarding 
  • Clear KPIs 
  • Governance in place 
  • Can be terminated quickly if not satisfied 
  • Strong accountability 

These advantages of interim management make it a trusted option among Belgian companies managing transformation or leadership change. 

What Is The Cheapest Solution Between Consulting and Interim Management?  

Costs are contextual, so blanket numbers mislead. Both models are investments. The real cost is not consulting fees or interim day rates but delay. 

If every week of delay costs your business: 

  • 250,000 euros in lost productivity, 
  • 100,000 euros in churn, 
  • or 2% of project value, 

then the cheapest solution is the one that delivers faster for your situation.

How We Can Help With Your Interim Management Needs in Belgium

We are an Interim Management firm based in Belgium. We connect organisations with vetted transition leaders across Finance, Operations, Technology, HR, and Transformation. Our network includes interim managers in Belgium who have led recoveries, integrations, and digital go-lives across Belgian and EU contexts. 

Typical engagement flow: 

  1. Rapid brief in 48 hours: challenge, KPIs, authority, timeline. 
  2. Shortlist of two to three interims with proven missions in similar settings. 
  3. Kick-off in days, not months, with a 30-60-90 plan and weekly governance. 
  4. Handover to your permanent leader with documentation, routines, and dashboards. 

If you are facing a transformation, leadership gap or urgent challenge, Morgan Philips Belgium can connect you with high-impact interim leaders in less than 72 hours. Request a confidential discussion today and see how we can help you secure results quickly. 

Both consulting and interim management are powerful. The difference is accountability and speed. If your risk is diagnosis, bring in a consultant. If your risk is execution, place an interim leader with the authority to deliver. In Belgium’s tight labour market and high-stakes timelines, that choice can protect value next quarter, not next year.  

Print
284 Rate this article:
No rating
Content typeArticles
Topic
  • Recruitment tips

Our brands specialised in
Finance Recruitment

© 2025 Morgan Philips Group SA
All rights reserved

Choose Your Country or Region