What if your next big opportunity isn’t listed anywhere? That’s the reality for most high-level banking and financial services roles. The best opportunities and the best candidates aren’t sitting in job boards or mass talent pools. They’re shared behind closed doors, passed along through relationships, and sealed by trust. If you’re hiring,...
As we navigate through a rapidly changing banking landscape, several key recruitment trends have emerged, shaping how financial institutions approach talent acquisition and workforce planning. As The Richmond Group USA's Banking & Financial Services Division, we've been closely monitoring these developments. In this article, we delve into the most significant...
Why you might not be winning your top candidates over, and what to do to fix it: Like banking, the environment for recruiting moves in cycles, and much of what makes up those cycles comes down to motivation -- motivation to hire and motivation to be hired. Motivations are constantly changing,...
As we delve into the financial landscape of 2023, a myriad of trends has surfaced, shaping the strategies and decisions of banks and financial institutions. From a cautious approach to lending and strategic hiring in specific sectors to the looming specter of a recession, the industry is experiencing a dynamic...
Research and Relax: Initial Interview Prep Guide to make your initial interview a slam dunk Of the hundreds of candidate conversations we have each month, more than 75% tell us they've NEVER thoroughly prepped for an initial interview. For many, this results in a mediocre interview and a low success rate...
The tables are turning! Here are the four signs we're seeing that suggest we're now in an EMPLOYER-driven marketplace: 1) 7 out of 10 banks, based on our research, are concentrated on controlling costs as recessionary headwinds increase, significantly decreasing the number of options for candidates. Because banks are looking for...
Over the past several months of talking with the c-suite in banks from 0-100B, it's interesting how the approach to this marketplace falls squarely into two camps. Here are the two statements we often hear: -this is the time to hunker down -- hold off on new loan growth in favor...
