Rules of Efficient Recruiting in Finance

Hiring the best specialists in the finance industry is a real challenge for any recruiter. With hundreds of companies competing to attract talented experts, finding and securing top professionals requires skill and strategy. Fortunately, several effective tricks can help you identify and hire the best talent.

6 Tips to Hire Financial Specialist

Sticking to a creative approach is essential to make your vacancies more attractive for future candidates. You can stand out from other recruiters and retain top talent by following these simple strategies.

Choose experts from the proper regions

These are the best cities for finance jobs, and it’ll be a good idea to start your search for the best candidates from these areas. This approach has several advantages, including:

there is a strong chance you’ll find a specialist with experience at prominent financial firms like JPMorgan Chase or HSBC;
a diverse pool of experts, from stock analysts to treasury managers, which increases the likelihood of finding the right candidate for any position.

Additionally, considering these places lure financial experts. You can expect to find dozens, if not hundreds, of candidates ready to opt for your job vacancy. Thus, your main task will be only to select the most qualified specialists.

Use special software

Currently, many online services and recruitment platforms simplify the hiring process. For instance, SignalHire can save your time and resources while finding the ideal candidate. This platform offers access to over 730 million professionals with experiences across various industries, including the financial niche.

SignalHire will provide you with all the necessary information about your potential employee, including:

their mobile phone number and email;
links to LinkedIn and other social media;
review of previous working experience.

You can divide specialists by different industries or their seniority using filters. In addition, the platform’s excellent UI makes it easy to control each stage of the recruitment process and make notes about candidates.

Opt for different recruitment sources

To find the right professional quickly, don’t rely solely on recruitment platforms. It’ll be wise to post an advertisement on social media, job boards dedicated to financial services, and even popular online communities.

Modern finance job applicants often search for future employers using websites like LinkedIn, eFinancialCareers, and Monster. Create compelling job descriptions and post them on these online services. With their large user bases, your job offer will likely attract attention even without additional advertising.

Offer remote work

If you want the best candidates to beg you to hire them, you should follow the major trends in the financial market. One of them is posting remote work vacancies. It’ll help you overcome the geographic barriers and find the experts from any corner of the world.

According to Statista, nearly 91% of modern workers prefer fully remote work. Further, it stands a strong chance of becoming a dominant form of cooperation between employees and companies in the near future.

Luckily, many financial projects don’t require work directly from the office. Moreover, there are numerous convenient platforms for dealing with any type of tasks remotely. Include the information about such an option in your vacancy, and you’ll get way more applications from excited specialists.

Emphasize your company’s values

To attract the right candidates, you should demonstrate how your company will treat them. In addition to the usual description of the job responsibilities and requirements, include engaging storytelling elements.

For example, you may attach links to real stories of your current employees, who will provide a more authentic view of your company. Besides, don’t forget to use social media and blogs to show the best moments from your organization’s daily life.

Modern employees adore companies with a clear mission and set of values. Prove that your products or services aim to improve or completely transform the financial industry. The more enthusiastically you describe your company, the higher the chance your vacancy will catch the attention of experienced specialists.

Estimate the candidate’s experience

Choosing the right candidate is the most challenging part of the recruitment process. You can simplify this task by writing clear and simple requirements for the position. Thus, you’ll ensure you won’t receive an application form from someone who has misunderstood your vacancy description.

If you’ve shortlisted several candidates, consider using applicant tracking systems such as SignalHire. These platforms allow you to track each candidate’s status and manage the upcoming interviews.

Also, analyze your interview process thoroughly. Ensure it is well-structured and includes all necessary questions to evaluate the candidate’s expertise

Finally, remember to prepare a detailed onboarding program for your new employees. Even if you’ve recruited a professional financial specialist, they may need time to adapt to your organization’s workflow. Schedule meetings with key team members for them and provide essential information about your projects, products, or services.

Conclusion

Recruiting a financial expert may take days or even weeks, but with these tips, you can significantly accelerate the process:

post job advertisements in the regions that offer a significant number of different specialists with relevant experience in the financial niche;
use special recruitment platforms to simplify and organize the hiring process;
if possible, always include the remote work opportunity in your vacancy’s description;
highlight your company’s core values and mission;
prepare questions for your interview process to estimate the candidate’s experience;
build a strong employer brand by showcasing your company’s reputation and culture.