What is financial Recruitment?

Recruitment refers to the process of sourcing, screening, and selecting people for a banking or finance role. Though individuals can undertake individual components of the recruitment process, mid- and large-size organizations generally make use of professional recruiters.

The financial recruitment industry has four main types of agencies. Their recruiters aim to channel candidates into the hiring organisation’s application process. The agencies are paid by the companies, not the candidates.

1. Recruitment agencies
2. Online recruitment websites
3. Head-hunters
4. In-house recruitment

As a recruitment consultant you will have interaction with all agencies in finding the perfect candidate for your client – the financial institution.

If I work in recruitment what will I be doing?

Recruitment consultants endeavour to match their pool of candidates to their clients’ open positions. Suitable candidates are matched with potential employers.

You could be involved in three main activities. These are the main recruiting stages:

Sourcing

In sourcing you be involved in the following two activities:

1. Advertising the recruiting process. This often encompasses multiple media, such as the Internet, general newspapers, job ad newspapers, professional publications, window advertisements, job centers, and campus graduate recruitment programs;
2. Recruiting research, which is the proactive identification of relevant talent by screening CV’s.

Screening & selection

You will be screening for suitability for a job typically assesed by looking for skills, e.g. communication, financial experience, qualifications and computer skills etc.

On-boarding

A well-planned introduction helps new employees become fully operational quickly and is often integrated with the recruitment process. You will stay in touch with recently hired candidates.

How do I get a graduate scheme / internship / entry level job or career in Financial Recruitment?

Obtaining a graduate scheme, internship or entry level role in financial Recruitment can be very challenging and competitive – though very achievable by getting your application, CV, interview and general approach right. You can guarantee that ninety percent of applicants for financial Recruitment roles will not know how to apply, so getting your application in the top ten percent makes things a lot more achievable.

Approaching the company in the right way will make all the difference. Combining the right approach with a strong interview (and in some cases assessment centre) writ a strong focused tailored CV will go a long way. Make sure you have gone through the free videos on this sight by entering your name and email address in the top right of this screen underneath the video. Once you have filled this in you will have instant access to everything you need to secure your career in financial Recruitment.

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