Compliance

Compliance

Compliance Jobs

Compliance Analyst

The Compliance Analyst will support the Compliance team in monitoring transactions and communications within the company. This role involves assisting in the delivery of key compliance services and ensuring that monitoring functions are performed effectively and in compliance with regulations. Key Responsibilities Support the compliance monitoring process under the guidance of senior team members to track and review employee and client activities. Perform transaction monitoring using an automated surveillance system, including reviewing and investigating alerts, evaluating issues, and escalating concerns to management. Respond to requests from regulatory bodies, exchanges, and clients. Engage with clients, brokers, and internal teams to investigate and clarify concerns professionally. Prepare detailed reports outlining monitoring results, findings, and actions taken to mitigate risks. Stay up-to-date with the company's business and regulatory landscape. Foster positive relationships with all stakeholders. Assist with maintaining regulatory registrations and compliance records. Contribute to daily compliance tasks & Ad Hoc. Take ownership ensuring that they are completed professionally and within appropriate time frames. Maintain an understanding of processes and procedures related to the role. Experience & Skills Required Minimum of 5 years of relevant experience in compliance, preferably in a brokerage environment. Excellent organisational skills & strong analytical abilities. Establish and maintain effective relationships with both internal teams and external stakeholders. The ability to manage issues independently and provide timely updates. Ability to manage multiple tasks simultaneously and meet deadlines.

Negotiable
London
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Assistant Controller

**Assistant Controller - Real Estate Sector** Are you ready to elevate your finance career within the dynamic world of real estate? We are on the lookout for a meticulous and strategic Assistant Controller in Charlotte, NC. This permanent position is designed for an individual who thrives in corporate finance environments and aspires to take their expertise to new heights. In this role, you will join a forward-thinking team committed to driving financial excellence across our operations. Your contributions will play a pivotal part in shaping our fiscal strategies while ensuring compliance with accounting principles. **Key Responsibilities:** - Oversight of all accounting procedures - Preparation and analysis of financial statements - Implementation of internal control systems - Support month-end close processes **Skills Required:** *Corporate Finance*: Bring your knowledge from working directly within or alongside Corporate Finance teams where attention-to-detail matters most. *Accountancy & Finance Expertise*: Utilize your background experience that aligns well with core Accountancy practices essential for precise reporting. *Adeptness at Financial General Practices*: Exhibit proficiency encompassing generalist skills which can range from budget management through forecasting trends. *Dedication towards Finances*: Demonstrate unwavering commitment toward managing finances effectively cornerstone skill necessary for success under tight deadlines. This opportunity awaits those armed with sharp analytical abilities along side proven accountancy know-how-ideally suited if these competencies resonate deeply with your professional ethos! Embark upon this journey today by applying now! Let's unlock potential together in one America's thriving hubs - Charlotte!

Negotiable
Charlotte
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Associate Vice President - Regulatory Lawyer, Consumer Credit

Job Title: Associate Vice President (AVP) - Regulatory Lawyer, Consumer Credit Location: London, UK About the Role: An established financial institution is seeking a talented Regulatory Lawyer with expertise in consumer credit to join their dynamic legal team in London. This is a key role providing strategic legal advice to senior stakeholders, contributing to product development, and ensuring regulatory compliance across consumer credit agreements. Key Responsibilities: Deliver expert legal advice on consumer credit matters, ensuring compliance with regulatory frameworks and internal policies. Support product development teams by identifying and mitigating legal risks associated with new and existing consumer credit products. Collaborate with senior stakeholders across various business units to provide practical and commercially focused legal guidance. Draft, review, and negotiate documentation related to consumer credit agreements and other financial products. Monitor changes in relevant laws and regulations, providing proactive advice to ensure the organisation's continued compliance. Qualifications and Experience: Qualified solicitor with a minimum of 3 years' experience in consumer credit law, preferably within the legal department of a bank or financial institution. Proven track record of delivering legal advice in a banking or financial services context, with an understanding of the UK regulatory environment. Strong experience supporting product development and innovation in financial products. Demonstrated ability to work effectively with senior stakeholders and influence decision-making. Comprehensive knowledge of consumer credit agreements and associated regulatory requirements.

Negotiable
City of London
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Team Manager Legal

Title: Team Manager Legal - Financial Services Group Location: Amsterdam Our client is a leading player in Amsterdam's dynamic financial services sector and is currently seeking an experienced Team Manager for their legal team. As a teamlead with a legal background, you will have the opportunity to take your career to the next level. Our client prides itself on delivering top-tier service standards and fostering strong international client relationships. In this role, you will be responsible for overseeing daily operations, including fiscal management, and inspiring your team towards excellence. You will also maintain clients' portfolios to ensure that they meet statutory requirements and engage actively with business development activities. Additionally, you will be responsible for ensuring adherence to local laws as well as internal policies regarding risk assessment procedures. The ideal candidate will have significant knowledge of corporate law coupled with managerial finesse within similar roles. You should be able to navigate complex transactions while upholding stringent compliance measures effectively. We are looking for someone who has a proven track record of success in team management and is eager to take on a leadership role. Key Skills Required: Corporate Law Expertise: Your understanding of corporate law will ensure that all actions taken by the company are legally sound. You should be able to provide legal advice to the team and clients when required. Financial Management: Ability to maintain oversight over financial reporting obligations like FATCA/CRS and ensure that everything is above board financially speaking. Risk Assessment Acumen: You'll need proficiency in identifying potential risks associated directly related areas such anti-money laundering practices or other regulatory compliance issues which may arise during normal course business dealings. As the Team Manager, you will have the opportunity to work in a dynamic environment and lead a team of professionals who are eager to succeed. Our client is looking for someone who is passionate about the corporate services sector and who is dedicated to delivering top-tier service standards. If you are ready to step into a leadership role and make your mark in Amsterdam's financial services sector, then we invite you to apply today.

Negotiable
Amsterdam
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Contract Manager

Contract Manager, Germany (m/f/d) Seize the opportunity to advance your career within a dynamic sector! We are seeking an experienced Contract Management Professional to join our team and contribute their expertise towards supporting renewable energy initiatives. This permanent position is based in either Berlin/Hamburg/Stuttgart. As part of our dedicated workforce, you will play a critical role by: Reviewing complex contracts with precision Ensuring compliance with current regulations and laws Handling contractual negotiations professionally Experience with either Real Estate or Constuction law is a plus Managing documentation efficiently for smooth operational flow We're looking for individuals who possess: Legal degree in either Germany or abroad. Profound knowledge of contract law relevant within German jurisdiction. Experience working directly or indirectly with renewables or similar progressive sectors is highly regarded. Strong analytical skills coupled with attention to detail.

Negotiable
Germany
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Senior Legal Counsel

We have recently been mandated by a medium sized investment bank, based in Amsterdam, in seeking an experienced LMA Legal Counsel. In this crucial position, you will ensure adherence to regulations, manage legal risks, and facilitate seamless operations across various high-value corporate transactions. Your expertise in banking law, regulatory requirements, and international finance will be vital in supporting our strategic objectives and collaborating with teams throughout the organisation. Key Responsibilities: Comprehensive legal advice on banking law matters, with a focus on trade finance transactions. This includes drafting and reviewing facility documentation, security documents under local and international laws (e.g., letters of credit, deeds of pledge), and other finance-related agreements. Facilitate the structuring and negotiation of deals, mitigate legal risks, and ensure seamless transaction processes. Handle the legal aspects of trade finance deals, working with external law firms and stakeholders to ensure timely and effective closings. Stay updated on changes in laws and regulations impacting the bank's operations, advising on compliance with both national and EU financial regulations, especially under the ECB's supervision. Provide legal support to internal departments such as Risk Management, Finance, and Compliance, addressing regulatory inquiries and advising on prudential supervision matters. Collaborate closely with teams across the organisation to align on regulatory and supervision strategies, ensuring compliance and mitigating risks. The Candidate: 5+ years of relevant experience, with a focus on banking and finance. Experience in the prudential supervision of significant banks, with strong knowledge of EU financial regulations such as MiFID II/MiFIR, CRD/CRR, SSM Regulation, BRRD, PSD2, IPR, EMIR. Strong knowledge of banking products and services, primarily trade and commodity finance transactions, as well as syndicated lending, FI transactions, treasury, and capital markets products. Proficiency in LMA standard loan and ancillary documentation. Degree in Law. Dutch native/bilingual language skills, with full professional proficiency in English required for this role.

Negotiable
Amsterdam
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Senior Compliance Officer

Role: Senior Compliance Officer Location: Zug, Switzerland Salary: Competitive and Candidate Dependent We are seeking a highly motivated and experienced Senior Compliance Officer to join our client's dynamic team in Zug. In this role, you will be pivotal in ensuring the effective identification, evaluation, and management of compliance risks across our global operations. This is an opportunity to work with one of the leading firms in the commodities industry, driving compliance excellence and supporting regional teams worldwide. Key Responsibilities: Lead the Annual Compliance Risk Assessment: Oversee the process to identify and evaluate compliance risks impacting the business. Support Regional Compliance Teams: Provide expert guidance on applying corporate risk assessment methodologies, evaluating changes in local business activities, and ensuring consistency in risk and control evaluations across all regions. Maintain and Update Methodologies: Regularly review and enhance compliance risk assessment manuals and methodologies to reflect evolving standards, practices, and regulatory expectations. Ideal Candidate Profile: Educational Background: Bachelor's degree or higher, ideally with a focus in law or a related discipline. Experience: Minimum of 5 years of experience in compliance roles, with expertise in anti-bribery & corruption (AB&C), financial crime, and investigations. Technical Skills: Proficient in IT applications with a strong willingness to learn and enhance existing tools. Certifications: Relevant certifications in Risk Management or Audit are highly desirable. Soft Skills: Exceptional communication skills, both written and verbal, with the ability to work collaboratively across global teams.

Negotiable
Zug
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Vice President, EMEA Financial Crime

A highly reputable global investment management firm, is seeking a driven and exceptional Financial Crime VP to join their compliance team and have a meaningful impact on the firm's financial crime compliance strategy. The firm provides a wide range of financial services to both institutional and individual investors. This is an exciting opportunity for an enthusiastic and experienced FCC professional to play a pivotal role in ensuring that financial crime risks within the distribution process are properly identified, assessed, and mitigated, in compliance with relevant regulations and internal policies. Key Responsibilities: Oversight of Fund Distribution Compliance: Collaborate with stakeholders to identify financial crime risks within the fund distribution network, including both distributors and platforms. Risk Management: Review high-risk distributor and investor on-boarding processes for retail funds across European markets E.G London, Luxembourg, Switzerland providing recommendations to the appropriate compliance committees and MLROs. Regulatory oversight: Oversee the firm's compliance with regulatory obligations as a Principal Distributor in the UK for EMEA fund ranges, identifying areas of improvement and implementing more effective processes. Stakeholder communication: Communicate regulatory expectations clearly to a wide range of internal and external stakeholders, including clients. Experience: Proven track record with Financial Crime, AML & ABC knowledge across UK & European markets. Strong interpersonal & communication skills are vital, to be a key point of contact for the firm & engage appropriately with stakeholders. Ability to prioritise tasks and work efficiently to meet deadlines. A relevant university degree, along with industry certifications (e.g. ACAMS) If you're a Financial crime professional ready to make a tangible impact in a dynamic environment, we'd love to hear from you.

Negotiable
England
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Lawyer - Capital Markets (M&A / Transactions)

Ich unterstรผtze eine Investmentbank mit Hauptsitz in Frankfurt und Bรผros in Mรผnchen, Mailand, Paris, Zรผrich und London bei der Suche nach einem Vice President (m/w/d) mit Schwerpunkt auf Kapitalmรคrkten in Frankfurt. Ihre Aufgaben: Erstellung, Prรผfung und Verhandlung von Transaktionsdokumenten der Investmentbank, wie z. B. NDAs, Mandatsschreiben, Term Sheets, รœbernahmevereinbarungen sowie Dokumenten fรผr ECM- und DCM-Transaktionen Beratung der Deal-Teams zu Due-Diligence-Themen Ad-hoc-Rechtsberatung und Unterstรผtzung von Stakeholdern Ihr Profil: Volljurist/in mit 3 bis 6 Jahren Berufserfahrung nach der Zulassung (PQE) Umfassende Erfahrung im Bereich Kapitalmรคrkte Fรคhigkeit, sowohl auf Deutsch als auch auf Englisch sicher zu kommunizieren Motiviert, in einem dynamischen Umfeld zu wachsen Unser Angebot: Spannende Mรถglichkeiten, an ECM- und M&A-Themen zu arbeiten Attraktives Vergรผtungspaket Hybrides Arbeitsmodell

Negotiable
Frankfurt am Main
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Resolution Planning, Manager

A Big 4 Consulting Firm is building out their balance sheet management practice and is seeking manager level talent for a role focused on Resolution Planning. Due to high demand, this growth hire will assist the practice in developing recovery or resolution plans for an evolving client base. In this role you will: Develop recovery or resolution plans, including planning, execution, and delivery Use your understanding of regulatory requirements (issued by the Fed, FDIC, etc.) to assist clients with recovery and resolution planning Analyze changing regulatory requirements and use your knowledge of the regulatory submission process to streamline processes and assist clients with establishing their resolution planning infrastructure Necessary Experience: In-depth knowledge of recovery and resolution planning from a financial institution or consulting firm Knowledge of liquidity requirements under Reg YY, OCC bulletins, and Fed SR letters First-hand experience working with an in-house Resolution Planning team with exposure or direct experience working with regulators on the regulatory submission and feedback process 6+ years of experience in balance sheet management, ALM, liquidity management, and stress testing

+ discretionary bonus
New York
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Deputy AMLO (m/w/d)

Role: Deputy AMLO Location: Frankfurt Salary: Competitive and Candidate Dependent We are partnered with a renowned global universal bank that offers a wide variety of financial services, including consumer banking, business solutions, and wealth management. The Role Support the MLRO in managing the AML/CTF/AFC program, ensuring adherence to legal and regulatory standards. Partner with the MLRO to prepare required regulatory documents, such as SARs, annual risk assessments, and compliance reports. Provide comprehensive analysis and reports to aid the MLRO in making decisions on complex AML/CTF issues. Assist the MLRO in formulating and executing the AFC strategy to protect the organization from financial crime risks. Review alerts from screening systems for sanctions, PEPs, and negative media coverage. Ensure escalations from transaction monitoring and screening teams are properly reviewed, documented, and addressed. Manage the organization's whistleblowing process, ensuring a secure, confidential way for employees and stakeholders to report financial crime or misconduct. Work with relevant departments to investigate whistleblower reports, ensuring appropriate escalation and resolution. The Candidate Bachelor's degree in Finance, Law, Business Administration, or a similar field. At least 5-7 years of experience in financial crime compliance. Deep knowledge of AML/CTF regulations and standards, including FATF guidelines, EU AML directives, and local laws. Strong experience in wholesale banking, with a solid understanding of DE/EU regulatory requirements. Skilled in developing and executing control frameworks, performing audits, and making improvements based on results. Strong communication skills for engaging with both internal and external stakeholders. Professional certifications (e.g., CCP, ACAMS) are advantageous. Fluent in German & English.

Negotiable
Frankfurt am Main
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Compliance Officer: Advisory & Compliance

A leading global financial institution is seeking an experienced compliance professional to join its Compliance Service Unit and Senior Managers and Certification Regimes (SMC) advisory team. The ideal candidate will play a crucial role in defining, implementing, and overseeing compliance risk frameworks, as well as supporting the Senior Managers & Certification Regimes (SMCR) within the organisation. Key responsibilities: Regulatory compliance: Handle regulatory communications with relevant authorities (FCA). Manage regulatory approvals and certification requirements for staff performing regulated activities or significant harm functions. Advisory & support: Raise awareness of compliance risks and strengthen the compliance culture across the organisation & analyse compliance risks to monitor any issues that may harm the organisation's reputation and activities. Raise awareness of compliance risks related to SMCR by designing and delivering relevant training programs. Strong knowledge: Strong knowledge of Senior Managers & Certification Regimes related to legal & regulatory expectations. Policy implementation: Define & implement the organisations framework to ensure consistent monitoring of its implementation & develop procedures to mitigate & manage compliance risks. Compliance Oversight: Conduct second-level control and supervision of the compliance risk management framework, including assessing compliance within entities/activities that significantly impact the organisation's risk profile. Training & support: Provide advice, training, and support on the implementation of the Senior Managers and Certification Regimes (SMCR) and its evolution in response to regulatory changes. Relationship management: Manage relations with supervisory and regulatory authorities and represent the organisation to these authorities & advise internal stakeholders, including HR and Business Units, on SMCR-related matters and ensure compliance with the regime's requirements. Profile requirements: Strong Compliance Knowledge: Of UK Senior Managers & Certification Regimes (SMCR) and related legal, regulatory, and industry expectations. Communication: Strong interpersonal & communication skills, as responsible for regulatory communications with the FCA. Organisational skills: Strong organisational skills with the ability to manage multiple tasks and priorities effectively. Efficient: High attention to detail, ability to handle confidential information with precision & work well under pressure against deadlines. Experience: 5 years experience of regulatory & compliance with in banking institutions. This role requires a deep understanding of regulatory frameworks, strong communication skills, and the ability to manage complex compliance processes. If interested, or want to find out more, please send over your updated CV!

Negotiable
London
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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.

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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€‹

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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€‹

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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.

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