Compliance

Compliance

Compliance Jobs

Senior Regulatory Counsel

Role: Senior Legal Counsel (Regulatory) Location: Amsterdam Salary: Competitive and candidate dependent Reporting To: Head of Regulatory A leading payment platform, situated in the heart of Amsterdam is seeking an experienced legal counsel to assist in the business' growth across Europe and Asia. You will play a vital role in communicating with local authorities, located across the EU and Asia, whilst actively educating the business on all regulatory obligations that may impact the business. The Role: Offer strategic regulatory guidance to internal stakeholders and customers, aligning with commercial and strategic goals to support scalability Lead regulatory interactions and manage relationships with regulators and supervisors to capitalise on strategic opportunities Identify and anticipate key regulatory obligations and risks, ensuring they are addressed in a practical and scalable manner Convert identified obligations into relevant policies and procedures to be communicated and implemented across the global organisation Represent the regulatory perspective across various workstreams and products to develop regulatory strategies that align with global objectives and ensure controlled and compliant growth The Candidate: You possess over 5 years of experience in regulatory and/or legal roles within the payments, financial services, or fintech sectors You have extensive knowledge of the European payments, financial services, or fintech industries You excel in interpersonal and communication skills and have experience managing internal stakeholders and/or relationships with regulators or supervisors You bring a strong sense of initiative, independence, and ownership, contributing value to a rapidly growing business You are an analytical thinker capable of devising creative solutions for complex regulatory challenges, facilitating business opportunities while maintaining control You are fluent in English, with full proficiency in French or German being an additional advantage

Negotiable
Amsterdam
Apply

Legal Counsel

Role: Legal Counsel Location: Amsterdam Salary: Competitive and candidate dependent Reporting To: General Counsel, Amsterdam A leading online stock brokerage, situated in the heart of Amsterdam is seeking an experienced legal counsel to assist in the business's growth across Europe. You will play a vital role in communicating with local authorities, whilst actively educating the business on all regulatory obligations that may impact the business. The Role: Strategic Guidance: Support all departments on relevant legal and regulatory issues by conducting research, analysing challenges, and formulating advice on local regulations. Regulatory Interactions: Ensure compliance with AFM and other regulatory bodies, and manage relationships with regulators and supervisors. Risk Management: Identify and anticipate key regulatory obligations and risks, ensuring they are addressed in a practical and scalable manner. Policy Development: Convert identified obligations into relevant policies and procedures to be communicated and implemented across the global organisation. Regulatory Representation: Represent the regulatory perspective across various work streams and products to develop regulatory strategies that align with global objectives and ensure controlled and compliant growth. Training Development: Create training courses to ensure adherence to legal standards. The Candidate: Experience: 4+ years as a corporate lawyer or in the financial sector. Skills: Strong analytical skills: Ability to view problems from multiple angles. Ability to work independently and set priorities easily. Proactive mindset: Always looking for ways to improve things. Good communication skills: Easily connect with colleagues and stakeholders. Interest: Affinity with and interest in the financial sector, particularly Capital Markets.

Negotiable
Amsterdam
Apply

Corporate Lawyer

Are you an experienced lawyer with experience in M&A and Corporate Law? We are supporting a leading global investment manager specializing in alternative investments in Luxembourg with identifying the top talent to join their team. Role overview: In this hands-on role, you'll deliver essential legal and corporate support for Private Equity, Performing Credit, and Direct Lending Funds in Luxembourg. You'll collaborate closely with senior legal and investment team members, as well as external counsel and compliance teams across Europe and the USA. Role responsibility: Collaborating directly with senior attorneys and investment teams in Europe and the USA to manage investment transactions, ensuring all Luxembourg-related activities align with transaction timelines. Acting as a Manager (gรฉrant) for Luxembourg entities, typically holding companies involved in local investments. Quickly drafting, reviewing, and approving essential legal documents while managing cash wire approvals as needed in the managerial role. Coordinating with the Company Secretarial team to ensure KYC processes and other procedural requirements are met on time. Partnering with external legal advisors in Luxembourg to verify that structures are appropriately established and that deal-related documents are executed correctly and consistently across Oaktree. Implementing intra-group financing arrangements, including hybrid financial instruments and loans, which requires legal drafting expertise. Drafting and reviewing both internal and external legal documents pertaining to the operations of Luxembourg investment structures. Collaborating with the Luxembourg Financial Controller to manage new investments and ensure accurate and timely financial reporting. Overseeing the management of internal confidentiality agreements (NDAs) through our dedicated platform. Role requirements: Fully qualified lawyer 3-5 years experience working in global law firms M&A and Corporate Law focus Does the role sound like an exciting new challange? Do the role requirements fit your profile? Apply for the role and become a part of a collaborative and inclusive team!

Negotiable
Luxembourg
Apply

Senior Corporate Secretary

Are you an experiences Senior Corporate Sceretary with experience working in unregulated entities/SVP? We are supporting a leading global investment manager specializing in alternative investments in Luxembourg with identifying the top talent to join their team. Role responsibilities: Assisting with the approval and filing of annual accounts with the RCS. Incorporating new Luxembourg entities, including drafting Articles of Incorporation and necessary documentation. Managing basic KYC documentation and filings (e.g., RBE filings). Liaising with banks for account openings and coordinating with notaries for EGMs and document notarization. Organizing ad-hoc and quarterly board meetings with management and external parties. Saving and sorting transactional documentation. Maintaining the companies' registers, including shares and financial instruments. Collecting signatures on legal documents (NDAs, POAs, agreements, BOMs, etc.). Creating and updating organizational charts while coordinating with relevant parties. Maintaining both physical and electronic filing systems, including legal binders. Developing and managing databases for the Luxembourg legal team and preparing various reports. Assisting with ad hoc secretarial tasks and other projects as needed. Role requirements: Minimum of 5 years in a corporate secretarial or administrative role in unregulated entities. Fleuncy in English; additional languages such as French and German are an asset Proven ability to manage multiple requests while prioritizing tasks and meeting deadlines. Strong organizational skills and proficiency in Microsoft Office. Basic knowledge of Luxembourg Corporate Law and Governance is a plus. Does the role sound like an exciting new challange? Do the role requirements fit your profile? Apply for the role and become a part of a collaborative and inclusive team!

Negotiable
Luxembourg
Apply

Compliance Officer

We have a current opportunity for a Compliance Officer on a permanent basis. The position will be based in Abu Dhabi. For further information about this position please apply.

Negotiable
Abu Dhabi
Apply

Compliance Officer

As a Compliance Officer, you will join the Compliance team that supports the Corporate Banking client unit. This team offers guidance, advice, and challenges on a comprehensive range of compliance topics, ensuring the business adheres to regulatory and policy requirements. In this role, you will engage with stakeholders across various units, working closely to continuously develop and improve compliance risk management. The focus is on general banking and lending within Corporate Banking, covering topics such as Conflicts of Interest, Duty of Care, Market Abuse, Cross Border Banking, Privacy, and Sustainability. While Client Integrity and Financial Crime topics (e.g., AML, Sanctions) are handled by a separate team, some knowledge in this area is necessary. The Role: Provide compliance advice, guidance, and challenges to the business at both strategic and process levels, as well as to individual employees or transactions. Oversee and contribute to the execution of the SIRA by the business. Participate in Product Reviews and Change Risk Assessments to identify and address compliance risks. Ensure the business documents appropriate compliance controls and incorporate monitoring and testing outcomes in discussions with the business. Use various information sources (e.g., MI reports, dashboards) to monitor compliance risks and issues, ensuring adherence to key procedures and controls. Advise and oversee the business in taking remedial action where compliance issues or control gaps are identified. Contribute to effective and insightful compliance reporting. Manage compliance incidents, providing advice and guidance. Provide training and support to enhance awareness and understanding of compliance risks and regulations. Liaise continuously with business stakeholders to ensure progress on mitigating identified compliance risks and issues. Contribute to the development and maintenance of compliance policies. Participate in various projects and working groups within the Compliance department and the business. The Candidate: A Master's degree in Business, Law, or a related field. At least 6 years of work experience, including a minimum of 2 years in a compliance-related role within the banking sector. This experience could be as a (2nd line) Compliance Officer or in roles such as banker, consultant, auditor, or operational risk manager handling compliance topics in corporate banking. Fluency in Dutch and English. Knowledge of key compliance areas, including conflicts of interest, market abuse, duty of care, privacy, and AML.

Negotiable
Amsterdam
Apply

Deputy MLRO

We are partnered with a top private bank in Luxembourg, offering a broad range of banking and financial services across multiple European countries. Our client specializes in retail, corporate, and investment banking, along with asset and wealth management. The Role Developing KYC, AML/CFT, and Sanctions policies and procedures that align with applicable regulations and internal standards. Ensuring the effectiveness of AML/CFT/Sanctions controls implemented by the first line of defense, while acting as the second line to verify the Bank's compliance with all relevant obligations. Maintaining ongoing communication with the Bank's departments to discuss the AML/KYC/CFT implications of products, processes, and procedures, while providing compliance guidance and advice to employees. Collecting information to prepare suspicious transaction reports (STRs) for the local FIU and supporting the CCO with reporting as required by local regulations. Conducting reviews of high-risk clients, including politically exposed persons (PEPs), dormant accounts, clients under surveillance, and incomplete accounts. Supervising the onboarding process to ensure all account opening documentation is complete. Supporting Internal Audit by assisting in the preparation of audit programs to assess adherence to AML/KYC/CFT procedures, reviewing audit findings, and providing guidance to branches and units based on the audit outcomes. The Candidate Bachelor's degree in Law (preferred) or an equivalent master's qualification. 8 years of experience in AML/CFT/Sanctions within a private banking / wealth management sector. Comprehensive knowledge of Luxembourg's financial sector laws and regulations. Strong attention to detail, excellent organizational, analytical, and logical reasoning skills. Fluency in both written and spoken English and French; knowledge of other languages is an advantage. Excellent organizational, analytical, and logical thinking abilities.

Negotiable
Luxemburg
Apply

Compliance AML Monitoring Officer (Ref: 2586)

We are seeking a dedicated and analytical Compliance AML Monitoring Officer to become an integral part of our clients private banking institution with over 180 years of history. Situated at the heart of Geneva, this role offers you the opportunity to join a dynamic international team, renowned for its sustainable investment solutions. Your role: Analyze and monitor transactions presenting an increased risk in relation to compliance with embargoes and application of anti-money laundering and anti-terrorist financing regulations, as well as carry out additional clarification process with the first line of defense. Analyze of occurrences provided by filtering and screening solutions and take action based on analysis results. Diligently analyze outcomes from filtering/screening solutions; take action based on these results. Efficiently manage post-trade KYT alerts control procedures. Investigate cases diligently and prepare communications for authorities as necessary. Required Skills & expereince: Swiss Banking Expertise, minimum five-year experience working specifically within Switzerland's stringent financial sector environment focusing on AML practices. Higher education background in law or economics or equivalent-you'll understand intricate regulatory requirements affecting bank operations. Strong Microsoft Office skills are essential, familiarity with Avaloq is an adantage-a reflection of modern finance's blend between traditional knowledge and software capabilities. Fluency is required in French and English-with German language proficiency considered advantageous. If you possess strong interpersonal abilities coupled with strong AML expereince within Swiss Sanctions, apply for this exciting position today.

Negotiable
Geneva
Apply

Company Secretary Manager - International Trustee

Our client is a well established trustee, with branches across the world. They are now looking for an experienced company secretary to provide corporate services to their clients. Job Description - handle a portfolio of clients in Hong Kong and Cayman Island and provide a full spectrum of company secretarial services - responsible for entity formation and administration support to clients - draft directors' and members' resolutions and minutes and relevant documents - assist in preparing financial announcement such as annual and interim reports, announcements and circulars etc. Requirements - about 4- 5 years of company secretarial experience preferably from banks or professional firms - member of HKCGI or CGI would be a plus - knowledgeable in Company Ordinance and other regulations and requirements - fluent in English and Chinese

HK$36000 - HK$480000 per month
้ฆ™ๆธฏ
Apply

Head of Compliance (m/w/d)

Our client is a player within the FinTech space and they are currently seeking a Head of Compliance to join their dynamic team. This is an exciting opportunity to lead compliance initiatives and ensure regulatory adherence in a rapidly evolving landscape. Responsibilities: Create and execute a robust compliance strategy, balancing strategic leadership with hands-on involvement to ensure alignment with business objectives. Perform risk assessments, develop mitigation plans, and offer forward-looking advice on regulatory and compliance matters. Establish and implement comprehensive compliance policies, programs, and procedures to meet evolving legal and industry standards. Serve as the go-to expert on both local and international regulations, providing guidance on legislative changes and compliance best practices. Work closely with cross-functional teams to streamline compliance operations, using automation and embedding compliance into product development workflows. Lead and coach high-achieving teams in a matrix structure, fostering collaboration across departments and cultivating a culture of innovation and continuous improvement. Key requirements: Bachelor's degree in accounting, finance, law, or a related discipline, or comparable professional experience. At least 8 years of experience in compliance, includinng leadership role, preferably whithin the FinTech space, focusing on regulatory compliance and experience with TaxTech. In-depth understanding of regulatory frameworks and risk management strategies, particularly within the EU compliance environment. Demonstrated leadership capabilities, with experience motivating teams, driving transformation, and improving performance within compliance functions. Fluency in both English and German. If you are an experienced compliance professional interested in learning more about this role and collaborating with our client, we would be delighted to hear from you!

Negotiable
Germany
Apply

Corporate Finance Director - Manufacturing

The Director of Finance will be responsible for: Working across procurement, vendors, third party services, and plant personnel and acting as a primary business contact for each of these groups Overseeing all key aspects of financial reporting and accounting Acting as a key leading member of the Americas Financial team Reporting directly to the CFO The Director of Finance should have: Bachelor's degree in Finance, Accounting, or other related field 5-8 years of financial or accounting experience An understanding complex financial transactions and ability to be analytical and problem solve Current experience in the Manufacturing sector If you're interested in this role, please don't hesitate to apply in directly below!

Up to US$120000 per year
Lagrange
Apply

Senior Compliance Officer (Crypto)

Our client is a banking institution, seeking an experienced Senior Compliance Officer to strengthen their compliance efforts as they expand. This position offers an exciting opportunity to play a key role in ensuring the bank's adherence to regulatory standards while supporting the growth of innovative financial technologies. Responsibilities: AML and Sanctions Compliance: Review and monitor transactions and business relationships to ensure compliance with anti-money laundering (AML) laws and sanctions requirements. Product Support: Provide expertise in the rollout of new products leveraging distributed ledger technologies (DLT) and modern payment methods (such as ART and EMT), ensuring alignment with Know Your Customer (KYC), Customer Due Diligence (CDD), and sanctions regulations. System Development: Spearhead the enhancement of monitoring and screening systems, particularly focused on cryptocurrencies, tokens, and other emerging digital payment methods. Sanctions Monitoring: Manage sanctions alerts, ensuring all actions are documented in accordance with internal protocols and regulatory requirements. Requirements: Bachelor's degree in Economics, Computer Science, Law or a similar field. Strong background in compliance, particularly with DLT and payment solutions in the banking, financial services, or consulting industries. Strong grasp of compliance systems and digital finance. Highly self-motivated with a proactive attitude, excellent problem-solving abilities, and a team-oriented mindset. Fluent in German and English, with strong written and verbal communication skills. If you are an experienced compliance professional looking to engage with innovative financial products, we'd love to hear from you!

Negotiable
Germany
Apply

Compliance News & Insights

Embracing Disabled Talent: Driving Success Through Inclusive Hiring in Europe Image
risk-management

Embracing Disabled Talent: Driving Success Through Inclusive Hiring in Europe

In today's evolving business landscape, recognizing and embracing diversity and inclusion is crucial. Despite progress, the potential of disabled talent remains largely underappreciated in Europe. Recent findings from our Selby Jennings poll shed light on the current state of affairs, with 55% of respondents admitting their hiring strategies lack provisions for candidates with disabilities. However, it is encouraging to note that 72% of workplaces have policies and practices in place to support employees with disabilities.The Missed OpportunityLack of Provisions and Representation: The finding that 55% of organizations do not have provisions for candidates with disabilities in their hiring strategies is a wake-up call. It indicates a significant missed opportunity to engage with a pool of talented individuals. Furthermore, the survey reveals that disabled individuals are particularly underrepresented in the banking and financial sector, with 78% of respondents recognizing the need for better representation. This highlights the need for a paradigm shift in how organizations approach hiring and inclusion.Policies, Practices, and Managerial Support: On a positive note, 72% of workplaces have implemented policies and practices to support employees with disabilities. This demonstrates an increasing commitment to inclusivity. Additionally, 73% of respondents believe their managers are equipped to manage employees with disabilities, indicating progress in fostering an inclusive work environment. However, it is important to ensure ongoing training and support for managers to effectively accommodate and empower their disabled team members.The Benefits of Complete InclusivityEmbracing complete inclusivity offers numerous advantages for businesses. First and foremost, it fosters a culture of equality, respect, and diversity. By hiring disabled talent, organizations can ensure they have a vast pool of skills, perspectives, and problem-solving abilities. This diversity drives innovation, creativity, and productivity, leading to better outcomes and a competitive edge. Moreover, a truly inclusive workplace enhances employee morale, engagement, and retention, as team members feel valued and supported.Embracing Disabled Talent - The Path to SuccessEmploying disabled banking and finance professionals can be a game-changer. Their unique insights, adaptability, and resilience brings fresh perspectives to financial institutions. By leveraging their talents, organizations can drive innovation, enhance customer service, and make informed decisions that cater to a broader demographic. Embracing this is a strategic move that positions businesses for long-term success.Taking Action - The Call for Inclusive HiringHiring disabled talent in Europe is not only essential for business success, but also for creating a more inclusive society. Embracing complete inclusivity brings diverse perspectives, encourages innovation, and engages the workforce. With the potential to access over 2 million candidates worldwide, Selby Jennings provides a unique opportunity to engage with talent from various backgrounds, including disabled professionals. By partnering with Selby Jennings, organizations in Europe can expand their reach, access a diverse pool of skilled candidates, and further enhance their inclusivity efforts. Request a call back today and together, we can build a prosperous future that celebrates the contributions of all individuals.

Read More
2023 Bonus Season Breakdown Image
insurance-and-actuarial

2023 Bonus Season Breakdown

Discover the latest analysis of bonuses and rewards in the Financial Sciences & Services industry, and how it impacts the talent market.Understanding bonus structure has become not only a critical aspect to businesses in attracting and retaining top talent, but also for professionals in knowing their true value.Analysing the rewards arrangement across the Finance and Banking industry, we surveyed over 2,000 professionals based in Europe to discover:What value their bonuses are Whether they are satisfied with their bonusKey drivers behind their bonus pay-outsPerformance metrics used to determine bonusesย Offering valuable insights to both professionals looking to benchmark themselves, and for businesses reflecting on their compensation strategies, both parties can take away a number of key considerations from this exclusive report. โ€‹Download your copy of the 'Bonus Season Breakdown' report by completing the form below:โ€‹

Read More
How to Make the Perfect Job Offer Image
private-wealth-management

How to Make the Perfect Job Offer

โ€‹Finding the perfect candidate for your latest role can be a long and arduous road. Once you have found the employee with the skills you need and an attitude which will fit perfectly within your team, it is time to make your job offer. In a perfect world, you will get an enthusiastic acceptance. However, if you are hiring in a busy sector, or trying it, is likely you may have to negotiate salary and other benefits before you can seal the deal.Competition for talent is fierce. The pressure is on for hiring managers to secure the right candidate by offering an attractive compensation package before they accept an offer from a competitor. The aim of a salary negotiation is not to find a compromise where both parties are dissatisfied but find a balance where you both come out feeling valued, and enthusiastic about moving forward. Negotiating salary can be a tricky business that requires a high level of strategy.โ€‹Set your limits before you advertise the jobSalary negotiations can be complicated - planning will give you an obvious advantage. Before you even start interviewing your candidates, you need to choose the right salary to advertise, including the upper limit to where you are willing to negotiate for an exceptional candidate.Your lowest salary offer should still be in line with industry standards, with your upper limit reserved for excellent candidates who will offer extra value to the role. Donโ€™t include your upper salary limit in any of your job advertising or recruitment efforts. There are several elements to consider when deciding on monetary compensation, including:The seniority of the position on offerโ€“ how many people will they be managing? Will they be heading up important projects?The current labor marketโ€“ will this be a difficult or easy position to fill?The current performance of your companyโ€“ how much can you afford to pay a new candidate?The skills required for the job โ€“ are they rare? Do you need a specific combination of hard and soft skills?The salaries of others in the companyโ€“ is the upper limit offered still within the bracket you have set for others at this level?Your locationโ€“ are you based in an expensive city or area where more compensation is needed to make up for elevated living costs?The best way to avoid negotiation is to ensure your initial offer is attractive and fair compared to benchmarks within your industry. Use online tools such as PayScale and Glassdoor to look at salary benchmarks for similar roles within your sector. Remember that it is likely your candidate will also be using these tools to make their own comparisons.It is also vital to keep within existing pay levels within your company. Going above these may help you secure a candidate but can lead to issues further down the line where other team members may feel undervalued and demoralized.Find out your candidateโ€™s current salaryThe candidate you are interviewing is under no obligation to tell you their current salary, but there is no harm in asking politely. This information is important when it comes to negotiating a salary. If their current salary is higher than your upper negotiating position, then it is time to question if they are the right candidate for you. This is best done early in the interviewing process. You can ask a candidate their desired salary in the interview to prepare for later negotiations and speed up the process. This allows you to root out candidates who are holding unrealistic salary expectations.Make a fair initial offerIf you want to avoid a lengthy negotiation period, make sure your initial salary offer is a fair one. Though it is not an official rule, it is a given that most professionals will be expecting at least a 20% pay rise when seeking a new position, particularly with the cost of living increasing. However attractive the position is and however great the benefits your company provides are, salary is still the main motivating factor for taking a role - you need to offer a fair package to a skilled candidate which remains within your company guidelines. Your offer needs to be a fair reflection of the candidateโ€™s experience and skills.Lowballing your candidate in anticipation of a counteroffer will only lead to your candidate regarding your company with suspicion, and you may gain a reputation as a timewaster. Salary negotiations should not be treated the same way as trying to sell a used car. Consider the long-term impact of the hire during your negotiations. Making a fair offer will help bring more value to your company in the long run through the work of an employee who knows that they are respected and valued.Conversely, offering a very high number to your candidate can come across as desperate and make your candidate second guess their decision to take up the offer. Your candidate will be aware of the value of their current skill-set, and a high overvaluation can lead to further suspicion and hesitation from the employee. Finally, ensure your initial offer is lower than your upper range, which should have been decided before the job was advertised, to leave room for negotiation.Highlight benefits beyond salaryIf you are aware of competitors in your market who can provide bigger salary packages than you, consider the benefits of working for your company beyond the wage. Depending on your candidate, some of these benefits can be very attractive in helping improve the employeeโ€™s quality of life. If you are unable to completely match a salary request during a negotiation, there are other benefits you can offer that may entice a new employee to join. These could include:Additional or unlimited annual leaveโ€“ a generous holiday offer, including the recent trend amongst start-ups to provide unlimited leave, shows a level of trust and value.Flexible workingโ€“ Allowing employees to work from home one day a week or schedule their work around their lives using a flexi-time structure is particularly attractive to those with children.Professional developmentโ€“ If there are opportunities for the candidate to take on additional training, learn new skills or start a new progressive career track, there is more long-term value in taking the role offered.A positive company cultureโ€“ If the candidate is coming from a toxic or high-pressured atmosphere where they experienced burn-out, it may be an important and attractive prospect to work in an office with a supportive and positive atmosphere. Statistics such as staff retention rates and testimonials from other employees can help support the representation of your culture.Perks- such as free gym membership, funding for travel into work, subsidized lunches, attractive office facilities, and social opportunities.These can all be compelling reasons for your ideal candidate to choose your role, even if the salary isnโ€™t what they expected. These benefits can help employees save money, cut down on stress, and enjoy their role. This provides compensation which focuses on quality of life - which can be very appealing during negotiations.Offer alternative monetary benefitsIf you are facing troubles in salary negotiations and it looks like you may lose the candidate who will bring the most value to your company, it is worth considering offering additional monetary benefits. These can include:Performance-related bonusesโ€“ agree to pay a bonus if certain targets and milestones are hit.Commissionโ€“ some roles can benefit from a commission rewards system, where the employee is compensated for business and leads generated for your company.A signing bonusโ€“ a one-off signing bonus rather than a higher salary bracket is often a great way of satisfying both parties. It shows enthusiasm for wanting to onboard the candidate quickly while saving your company on payroll in the long term.A later salary negotiationโ€“ if you are unsure about offering a higher salary bracket now, you can promise another negotiation over salary after a probation period, on completion of a training course or if a performance target is hit. It is vital that you do follow up on this promise, as you do not want to lose the trust of your new staff member.Shares or profit-sharingโ€“ get your candidate invested in the success of your company by offering shares as part of the job offer.The importance of feedbackProvide succinct feedbackYour feedback is the most important part of your communication with a rejected applicant. Good interview feedback needs to be succinct, considerate and honest. It is often the case that there was nothing particularly wrong with the candidate, but there just happened to be another candidate with more relevant experience or stronger skills. Stating this to a candidate should not offend their feelingsโ€”itโ€™s the reality of job hunting in a busy and high-quality labour market. You donโ€™t want to provide a lengthy critique which kicks your applicant when theyโ€™re down, but providing constructive and specific feedback will also be useful for your candidate.Request and value feedbackAnother way to show respect to a candidate and gain a brand advocate is to ask for feedback on your interviewing and hiring process. You have given your honest and succinct feedback, respect that hiring is a two-way street and request some feedback on their experience. You can do this either in your phone and email correspondence, or set up a feedback survey to collect data from several rejected candidates. Requesting feedback shows you value and trust the opinions and viewpoints of the candidate, alongside providing you as a hiring manager with useful insights on how you can further optimize and structure your recruitment and candidate search process.Be honest about future opportunitiesIn some cases, you may be rejecting a candidate you have a genuine interest in hiring in the future. Maybe they werenโ€™t quite the right fit for the current role, but they may slot into your future growth plans. If this is the case, tell them. However, do not finish a job rejection on a false promise if you know you have no interest in hiring the candidate now or in the future. Only invite a candidate to apply for future roles if you think they would be a good cultural fit in your company in the future. Inform them if their details will be kept on file within your company for future positions.Gaining a brand advocate in a rejected candidateEnding a job rejection on a positive note is no mean feat, but it is the first step in nurturing and maintaining a good relationship with the candidate and gaining a brand advocate. You want to keep qualified candidates of exceptional quality active within your talent pool, and maintaining positive communication with a rejected candidate may save you on hiring times and costs at a future date. Stay in touch with rejected candidates, either via email or professional social media such as LinkedIn. Follow up on their progress, and congratulate them when you spot they have landed a new job.You can keep up communication through inviting rejected candidates to events or seminars hosted by your company, a networking opportunity for both you and your candidate. You can also ask to add the candidate to your email newsletter database, or suggest they follow your company on social media so they can stay informed on hiring and growth. Treat candidates as you would like to be treated. Keeping up positive, timely, succinct and direct communication will gain you a brand advocate and a new addition to your passive talent pool.These guidelines can help to negotiate and extend the perfect job offer that's impossible to refuse. Once the offer is made, this isn't the end of the process -the ball still remains in the candidate's court. As a talent specialist with a well-garnered candidate portfolio, we are a one-stop solution for all your talent needs. Contact us today and we can help in the job offer process.โ€‹View and download your free printable version belowโ€‹

Read More
How to Get the Most Out of a Long and Challenging Interview Process Image
sales-and-trading

How to Get the Most Out of a Long and Challenging Interview Process

โ€‹Interviewing at a banking or financial services firm, particularly for senior-executive level positions, will often entail a rigorous process that includes a lot of prep, energy, and tough technical questions to assess if you have the necessary skills and knowledge to tackle the role. In certain instances, you may even be invited to attend an all-day interview, which entails multiple rounds of exchanges with stakeholders and HR managers to determine how your skillset and character might fit into the company. This type of interview is of course intended to challenge you in a variety of ways, but while it can be tough, it is a valuable experience and an opportunity to get to know the company and the people who make it.If you are called to one of these marathon interviews, itโ€™s important to set yourself up for success in advance, which doesnโ€™t just mean pouring over interview questions and company information. Taking care of yourself both mentally and physically in the run up to such an exciting but demanding opportunity is equally as important as preparing your answers in that fatigue and stress can quickly derail your efforts.โ€ฏThis article will guide you to set yourself up for a positive outcome when approaching a long and challenging interview process, whether itโ€™s a job offer or a valuable experience to carry with you for next time.โ€ฏThe full pictureBeing called for an interview is a great feeling. It affirms that your CV has hit the mark and that the hiring manager wants to find out more about what you have to offer. The interview itself can challenge you in ways you might not have expected, and in some cases can be a long and demanding process both mentally and physically, but itโ€™s important to remember that if youโ€™re not being challenged, the role might not offer you the right level of growth and development that will keep you fulfilled. Essentially, itโ€™s not supposed to be a breeze.In particular, the idea of an all-day interview can be extremely intimidating, and a certain level of nerves can be a good thing. Single interviews are challenging in their own way, but are typically over in about an hour, while an all-day interview is an entirely different ball game involving meetings with several senior stakeholders within a company to gain different perspectives on your suitability.ย Depending on the role you are applying for, all-day interviews can come in a range of formats. For example, they may involve a mixture of exercises relevant to your role, plus general tests to check your culture fit, such as personality and IQ tests. This means that you are being tested on things that you can prepare for and traits that are innate to you. Therefore, while reading up on information that can support your professional assessment is one way to prepare, youโ€™ll also need to start the day well rested and calm in order to present the best version of the full picture.โ€ฏBe preparedโ€ฏThese interview processes are designed to push you out of your comfort zone and so preparation will be your greatest ally to help you keep your cool and put your best foot forward. Your potential new employers are attempting to gain a full picture of what you are about, from your skills and experience to your attitude and cultural fit and so however talented, experienced, and confident you are in your fit for the role, there will be elements of the process that will challenge you, demanding thorough preparation. Here are some tips to help you to prepare before you walk through the door.โ€ฏRequest a scheduleThis is vital in terms of mentally preparing for an all-day interview. Knowing how the day will be laid out will help you get into the headspace of what is expected from you, helping to keep you calm and avoiding anything that might throw you off. You may have four very long interviews, or twelve very short interviews. Whatever the format, you need to make sure you are mentally prepared for what you are facing, and pace yourself around those all important breaks. Request this a few days before your interview to give the employer time to check everyoneโ€™s schedules.โ€ฏFind out the names and job titles of each of your interviewersLook up their LinkedIn pages and find out their experience and expertise, and what relationship they may have with you if you win the position. If they are thought leaders, read their articles and blogs to find out their views on your industry. Researching your interviewers means you can find out how you can relate to them both personally and professionally, which will make them easier to engage with on the day.โ€ฏPrepare questions for your employerโ€ฏA day-long interview is an opportunity for you to get an impression of the institution you are hoping to work for from several angles. Think of all the information you want to gain from the different interviews and ensure you have prepared questions to ask each of them. This also takes the pressure off yourself during each interview and allows for breathing space. And in addition, your interviewers will appreciate the variation in conversation.โ€ฏGather your examples and storiesโ€ฏPrepare some notes on your most notable career achievements. Numbers work best, particularly if youโ€™re short on time, so if your department contributed to a 20% increase in revenue, keep that number in mind. Think of your best and most impactful anecdotes, too - an example of a successful negotiation, a challenge where you were the lead problem solver, a project you managed from conception to launch. And donโ€™t forget to let your personality shine through when telling your story as a good company will be looking for a good mix of skills and character.Stay refreshedโ€ฏThe demanding nature of the all-day interview means you need to plan ahead and make sure you are equipped with the right items to keep you feeling fresh and help you stay mentally focused until the end. In most cases you will be offered plenty of chances to hydrate throughout the day, bringing a flask of water or coffee is a good idea and will help you to stay alert. Much like a real marathon, these days require stamina, so plan your fuel to keep your brain sharp and keep your energy up between interviews. Choose healthy yet filling snacks like granola bars or fruit, and avoid a sugar rush as the slump will be sure to follow. Also, be careful with caffeine. If you rely on it, regulate your coffee throughout the day to avoid any crashes in the afternoon.Having a mid-day freshen up can work wonders for your energy and focus. Packing sanitary items such as hand/face wipes, deodorant/perfume, and mouthwash may give you the reset you need, particularly after food and coffee, and will help to send you into the second half of the day feeling more awake. In addition, packing a comb or hairbrush will help you to remain presentable, which will make you feel better, too.It may be tempting to sit and scroll on your phone in between interviews, but getting fresh air and going for a walk if you can will help keep you mentally clear. Gentle physical exercise keeps your blood flowing, prevents tiredness and is the best way to keep fatigue at bay. Try to take a proper break without speculation and analysis of how the day is going. Your brain canโ€™t work at full speed all day - try to slow it down and give it a rest before it goes back into full speed at the next interview. Meditation is known as a hugely beneficial practice in instances like these.Approach each interview consistentlyโ€ฏIt is natural that you will exhibit both strengths and weaknesses throughout the day, and it can be difficult to approach the final interviews with the same energy as the first, but it is vital you remain consistent. Keep in mind that even though this is a marathon for you, your meeting with each interviewer is a stand-alone hour or two for them, so try to keep up with pace. Remember to shake the hand of each interviewer, introduce yourself, and be prepared to repeat yourself a few times throughout the day, however tiring it may seem. End each interview on a positive note about how you are excited to interview for the position, reiterate why you believe you are the ideal date, and that you look forward to hearing from them.โ€ฏHowever, keep in mind that your interviewers will be comparing notes, so avoid telling the same story and highlighting the same achievements during each interview, or you may risk giving the impression that your experience is more limited than it is. During your research process, think of the best information you have which will be relevant for each position. For example, the head of marketing may be engaged with examples where you have shown creativity or solved problems, whereas a sales director will be more interested in figures and percentages. A HR figure will be more interested to hear about your management skills, or a story about dealing with a toxic employee. Again, preparation is key.Stay on your A gameโ€ฏEveryone is in the same boat over the course of an all-day interview. Talking for hours in a high-stakes situation can be mentally exhausting, and a mix of anxiety and disinterest can creep in, which is only natural regardless of how passionately you want the job offer. After the initial rush of your first interview you may be facing fatigue, while your intention was to remain positive, confident, and enthusiastic throughout the day.โ€ฏA good way to avoid showing signs of fatigue during later interviews is to be mindful of your body language. Keep in mind that you should be enthusiastic with your gestures; lean forward towards your interviewer and show your passion for what you do through how you move as well as what you say. If youโ€™re tired towards the end of the day, try to avoid speaking flatly and donโ€™t forget to remain sitting up straight, as this will make you both appear and feel alert and passionate about the topic.โ€ฏThe majority of all-day interviews will include a break for lunch mid-way through. Not only is this a chance to get a preview of the company canteen and how people interact during their break, itโ€™s also the perfect opportunity to socialize with your possible new co-workers in an informal setting. Though you may need to refresh, you may also view your lunch break as another kind of interview relating to your cultural and personality fit. Your interviewers will be taking note of your social manner, and whether you are easy to communicate with. It is also an opportunity for you to ask questions and discover more about the company in a more casual setting.

Read More

Looking for something specific?

View more blogs