Monday 4 March 2013

Finding the Best Talent for Banking and Finance Jobs in Chicago



One of the most popular global business destinations, Chicago is a hub for banking and finance companies. Downtown Chicago houses some of the biggest commercial and private finance companies, International Banks, security firms and venture capital firms.

With this plethora of finance companies, well qualified employees are spoilt for choice, while filling a position with an educated prospect having relevant work experience and desired skills is a daunting task for the company. Particularly so, if you are running a medium or small level finance company or equity firm and have multiple positions to fill but limited avenues to recruit from.

There are as many as 2500 banking and finance jobs openings at any given time in Chicago and needless to say much less employees who suit the positions and make for an appropriate fit.

How then, can one tap the best candidates for Banking and Finance jobs?

In order to reach the appropriate candidates that are best suited for the jobs, it is important that the job listing is well drafted and placed in the most relevant media. The job listing must highlight the company’s best features and be attractive enough for the best resources to consider in the first place.

A good idea would be to have regular job postings on all the leading job websites. Most websites offer job posting packages that turn out to be affordable and effective. You can post multiple positions and get great deals on the same.

Another important thing to do is network and always keep a pool of possible resources handy. Even if you do not need to hire immediately, make sure you have a bank of resumes of potential employees that you could hire when need be.

Some of the best prospective employees are fresh graduates from B-schools. If the position allows, look for finance graduates from leading universities. They are ambitious and raring to go. They have a certain freshness that can help greatly in taking your company forward.

Also, remember that good employees are investments. If you need to poach an incredible resource at a very high cost to the company, do not hesitate to do so if you are absolutely sure that he will be worth it in the long run and will contribute to the company’s success.

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