4 ways to recruit financial professionals
There’s no doubt that the job market is changing very rapidly. And with the finance industry expected to grow in the coming years, the demand for financial professionals is predicted to increase as well. Thus, financial recruiters must be aware of how to search for the right talent, especially in this very competitive job market.
Financial service is a very specific industry and looking for the right person to fill in a financial-related position can come with a few challenges. Your hiring strategies must be on point to find the right person for the position. Below are some strategies that you can apply to attract the best financial professional.
- Create an Attractive Brand
If you want to compete with the biggest companies when it comes to sourcing the best employees, then you need to make your employer branding attractive. Remember that in an increasingly competitive job market, having a positive employer branding is essential. Otherwise, hiring for the best employees can be a real challenge, if not costly. People with exceptional talents will only choose to work for companies with a good reputation, whose values they share and who they think will look after them.
So, invest in branding and find out how potential candidates perceive your company. Determine how these perceptions differ from what you are intending to show them. Then figure out what you can do to improve your branding and influence their views.
2. Hire Recruitment Agency
If you’re struggling with looking for the right candidate to fill in a financial position, consider using a recruitment agency. Recruitment agencies have the expertise to access to a wide range of job seekers with different talents and skills. Whether you need financial specialist recruitment in Manchester or London, there are plenty of niche agencies to fit your exact needs.
Skilled job seekers are in great demand so they don’t need to spend time looking for jobs that they want. Most of them will usually submit their resumes to a recruitment agency that they can trust. Meanwhile, the agency will match the employee’s skills and technical abilities to potential employers and make sure that it aligns with the company’s values. This will result in a long-term successful hire while saving time and money on recruitment and sourcing
3. Network at Business Events
Attending business conventions and recruiting events is another great way to tap into the financial job market and meet potential candidates. According to research, networking with people through business conferences and events could lead to higher chances of establishing a more meaningful business relationship.
So the next time you attend finance-related conferences or events, don’t hesitate to approach people, including those you haven’t met before. Introduce yourself and ask which company they work for. Approach as many individuals as you can. The goal is to network with as many different recruiters and financial professionals as you can, you might potentially connect with and perhaps hire for your company or someone who might improve your business in ways you had not of thought of for example at some of London’s biggest fintech events you might get chatting to a London based Saas recruitment agency who can help you innovate your business using service software, potentially making your business more efficient whilst saving cost at the same time. If you don’t go, you’ll never know
4. Social Media Marketing
With so many social media marketing tools available to us now, it just makes sense to use them for your company’s recruiting efforts. Connecting with financial professionals through social media platforms is an effective way to tap into potential applicants who might be the perfect person for the job. Studies show that a lot of professionals are following their relevant organisations on social media. So this is something you can take advantage of.
Some of the social media sites that you can use for sourcing potential candidates are LinkedIn, Twitter, Facebook, and Instagram. Other companies are also using Snapchat to get the attention of younger professionals and entice them into joining the company.