Ask any undergraduate student about the “investment banking recruiting timeline,” and you’ll always get the same response: everything starts ridiculously early.Back in ancient times, recruiting took place during your 3rd year of undergraduate, and you interviewed for summer internships several months before they began.But then banks realized that Facebook and…...
How soft skills can secure you a job in finance
The finance industry isn’t all about data entry and number crunching. In fact, now that AI is on the scene, the industry is on the hunt for individuals with strong soft skills.According to a study from recruitment business Reed Global, the financial industry is prioritizing hiring people with strong communication skills over…...
What It’s Like to Work for a Regulated Company
Most financial products are regulated by the Financial Conduct Authority (FCA) or the Securities and Exchange Commission (SEC), which create sets of regulatory frameworks to which businesses must conform. Someone who is new to working in a regulated environment should be aware that it is different from working in other industries due to the strict procedures…...
Wall Street Rising Stars of 2018
Introducing the Rising Stars of Wall Street.Whether closing multibillion-dollar investments, making huge trades, or leading the future of crypto, this crop of young finance leaders are making an impact.It was hard to pick just 25 people. We received hundreds of nominations from bosses, colleagues, recruiters, and other people working in…...
How to Get into Investment Banking In 2019: Process, Networking & Interviews
So, you want to know how to get into investment banking……despite the fact that:It’s a much less “prestigious” field than it used to be;It no longer pays a huge premium to other career options, such as engineering jobs at big tech companies; andThe recruiting process is now hyper-accelerated and crazy.It’s…...
Top majors for getting an investment banking job
Over the last few years, investment banks have made concerted efforts to recruit a more diverse pool of candidates. While most still covet target schools, almost every investment bank has said publicly that they’re interested in candidates that didn’t necessary major in finance or other traditional disciplines like economics,…...
Human Resources Growing in Importance in the Banking Industry
In its recent 2018 Bank Compensation and Benefits Survey, Crowe found that banks seem to have a new focus on human resources based on their salary increases.According to the survey, in the past year median salaries for chief human resources officers increased more than 7%, while top retail banking officers’…...
Recruiting Trends that are Gripping the Financial Industry
As the year ends, many organizations are now speculating on recruitment trends that will potentially impact the Finance industry in 2019. According to Deloitte, the financial services industry can expect to see more issues pertaining to regulation, disruptive models and technologies, continued shifts in demographics, restructuring portfolios, as well…...
Financial services: How to resolve your top three HR challenges
With Brexit looming and AI threatening to replace roles, assessment now has a broader role to play in resolving the key talent challenges in the financial services sector, says Andreas Lohff from Aon’s Assessment Solutions.Source - Read More at: www.personneltoday.com...
Firing in the Financial Services Industry: the 5 Most Common Reasons Finance Professionals are Laid Off
Being laid off or fired, though extremely unpleasant, is very much an aspect in every professional industry. This is especially so in today’s fiercely competitive Financial Services market, where for every one employee, you have numerous potential replacements and applicants for the same position. It stands to reason that…...
How FinTech Companies Are Changing the Game in Austin
When someone refers to “the Mecca of Finance”, Texas isn’t exactly the first place that typically comes to mind. With Silicon Valley and Wall Street giants cornering the market on technology and finance, fintech is becoming an increasingly competitive industry that is as difficult to break into as it…...
10 Tips to Increase Your Job Offer Acceptance Rate
Top performers within the Financial Services industry are coveted, and rightly so, considering the revenue that an impact player can make on bottom line profitability. Key producers in certain geographic regions are heavily courted in today’s candidate driven market. It is important to keep in mind that there is a…...
“Overqualified” Applicants Often Overachieve
While established firms typically will consider only experienced applicants in their search for Financial Services employees, they often consider too much experience a negative trait. “Overqualified” candidates, they assume, will consider the position beneath them, will quickly become disillusioned with their lower station in the corporate world, and will…...
#1 Key to Effective On-Boarding Finance Employees
Newly hired finance employees often feel overloaded with information about their new company, its policies and procedures. Rather than bombarding new hires with paperwork, policy books and forms to compete, the most critical thing that a company can do to increase the chances for a new hire to still…...
