Compliance

Compliance

Compliance Jobs

Senior Compliance Manager (m/w/d)

Role: Senior Compliance Manager 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 Assist the Team Lead Compliance and Management Board in ensuring adherence to relevant regulatory requirements and internal guidelines. Design, draft, and implement essential compliance policies, procedures, systems, and controls. Stay informed of regulatory developments and provide guidance, advice, and recommendations to Business Unit stakeholders. Evaluate and oversee compliance with established policies and procedures, including the management of any exceptions. Monitor, assess, and report on compliance performance to identify areas for improvement or corrective actions. Create annual reports and provide key management information on significant compliance issues. Manage the complaints process and use feedback as part of overall compliance monitoring activities. Deliver regular compliance training and awareness programs to staff. Cultivate a strong risk-aware culture with a focus on initiatives that strengthen the control environment. The Candidate Minimum of 5 years' experience in a similar legal or compliance role, experienced in MaComp & MaRisk. Solid understanding of German and EU conduct and prudential regulations. Proficiency in German and a strong command of English. Excellent communication skills for engaging with both internal and external stakeholders. Ability to exercise sound judgment and make decisions that align with the business's strategic goals while maintaining a strong focus on compliance. Demonstrates the highest standards of personal integrity and ethical behavior.

Negotiable
Frankfurt am Main
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EU Compliance Officer

Role: EU Compliance Officer Location: Amsterdam Salary: Competitive and candidate dependent Reporting To: Board in Amsterdam / Global CCO A leading HFT venue who have recently launched in Amsterdam is seeking an experienced compliance manager to become responsible for ensuring the organisation complies at all times with external and internal regulations. This involves managing regulatory compliance matters and reporting directly into the chief legal and compliance officer. If you are seeking a strategic opportunity with plenty of remit, do not hesitate to look further! The Role: Advising Trading & Technology on laws and regulations as well as exchange rules; Responding to requests from exchanges or regulators; Collaborating with Compliance departments from other offices around the world and improve global standards (e.g. policies, training); Liaise with local Legal and other functions to ensure correct interpretation and enforcement of laws and regulations; Analysing regulatory developments that have an effect on the markets and the products in which the company trade to identify both risks and opportunities; Advising new business project teams on regulatory aspects; Assistance with regulatory assessments and audits; The Candidate: 5+ years of experience within a regulatory environment; Knowledge of relevant legislation that applies to an algorithmic proprietary trading company/market maker such as MiFID, MAR and EMIR; Knowledge of financial markets and preferably derivative products (futures, options); Analytical and problem-solving skills; Ability to act and perform well in a fast-paced environment; Responsible, self-starting professional with strong analytical skills and who is results orientated; Excellent written and oral communications skills in English;

Negotiable
Amsterdam
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Head of Compliance (m/w/d)

We are seeking an experienced Head of Compliance to lead our client's compliance function in Frankfurt. The ideal candidate will have a deep understanding of German and EU regulations, a proactive approach to risk management, and the ability to lead a team of compliance professionals. Key Responsibilities: Develop, implement, and maintain a robust compliance framework to ensure adherence to German and EU regulatory requirements. Act as the primary point of contact with local and international regulatory authorities, ensuring timely reporting and communication. Lead, manage, and mentor the compliance team, fostering a culture of compliance and integrity within the organization. Oversee compliance monitoring, risk assessments, and audits to identify and mitigate compliance risks. Provide expert advice and guidance to senior management on compliance matters, emerging regulatory trends, and risk management strategies. Develop and deliver compliance training programs for employees to ensure awareness and understanding of relevant policies and regulations. Monitor and review the effectiveness of compliance controls, updating and refining policies as necessary. Manage and handle any investigations, breaches, or incidents, ensuring prompt and effective resolution. Prepare and present compliance reports to the board and senior management, highlighting key risks, trends, and developments. Key Requirements: A bachelor's degree in Law, Finance, Business, or a related field; a master's degree or professional compliance qualification is preferred. Minimum of 8-10 years of experience in compliance within the financial services or banking sector, with a strong focus on German and EU regulations. Proven leadership experience with the ability to manage and motivate a team. In-depth knowledge of German and European compliance regulations, including AML, GDPR, MiFID II, and other relevant frameworks. Strong analytical, problem-solving, and decision-making skills. Excellent communication skills, both written and verbal, with fluency in German and English. Ability to work effectively with senior stakeholders and build strong relationships with regulatory bodies.

Negotiable
Frankfurt am Main
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Accounting Manager

**Accounting Manager - Manufacturing Sector, Oklahoma City** Are you a finance professional looking to take the next step in your career? A leading manufacturing company based in the vibrant heart of Oklahoma City is seeking an experienced Accounting Manager to oversee their corporate financial operations. This permanent role offers a unique opportunity for someone with a strong background in accountancy and finance who thrives on driving business success. Responsibilities: - Oversee accounting procedures and ensure compliance with regulations - Manage budgeting processes, financial reporting, and analysis - Lead internal audits and coordinate external auditing activities - Develop strategies that work towards minimizing financial risk Skills Required: *Corporate Finance*: An understanding of capital structure decisions, investment evaluations & strategic mergers or acquisitions. *Finance General*: Broad knowledge across various aspects including budget development/oversight as well as performance against budgets. *Financial Reporting:* Ability to prepare precise reports reflecting comprehensive income statements balance sheets cash flow etc., adherent statutory law international standards when applicable (e.g., GAAP IFRS).

US$80000 - US$95000 per year
Oklahoma City
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Senior Compliance Officer - Asset Management

Position: Senior Compliance Officer Company: Asset Management Location: Amsterdam Are you an experienced Compliance Officer with expertise in asset management, seeking a dynamic environment where you can shape and enhance the Compliance function? Do you have strong subject-matter expertise, a proactive approach, and enjoy collaborating in a team? If so, we would like to connect with you. About The Role As a Senior Compliance Officer, you'll be a key player within the Compliance department's Advice & Account Management team. In this role, you will uphold the Compliance framework and policies, offer guidance to first-line teams, review communications and product proposals, engage in projects, and provide training. The department is focused on standardizing methods and delivering advice aligned with legal obligations, and you will have an active role in this development. Key Responsibilities Establish and maintain the Compliance framework. Advise first-line stakeholders on regulatory requirements and their implementation. Provide insight and guidance in projects and product development. Draft, update, and maintain compliance policies. Train employees in regulatory laws, industry regulations, and internal codes of conduct Skills & Qualifications What You Bring To excel in this role, you should have strong analytical and problem-solving skills to navigate complex regulatory challenges. Adaptability and resilience are key, as you will work in a dynamic compliance landscape with evolving needs. Effective stakeholder management is essential for building trust and collaboration across various teams. Additionally, we are looking for: An academic degree (Master's) in law, accountancy, economics, finance, or a related field; a Compliance certification is a strong advantage. A minimum of 8 years of experience in the financial sector, ideally within asset management and Compliance. Experience in fiduciary management is also beneficial. A team-oriented mindset and enjoyment in working with colleagues and stakeholders across teams. A content-driven approach and the ability to take initiative. Excellent communication skills, with the ability to convey information clearly and persuasively in both verbal and written forms. Full professional proficiency in English; Dutch language skills are advantageous

Negotiable
Amsterdam
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Compliance Officer - Mortgage

Company: Mortgage Brokerage Title: Compliance Officer Location: Rotterdam About We are a leading organization in the mortgage sector, supporting over 180 independent franchise branches and dedicated to helping customers achieve homeownership with confidence. Our compliance team plays a crucial role in fostering a culture of integrity and adherence to regulatory standards, ensuring a trusted experience for both franchisees and customers. Role As a Compliance Officer, you will be a key contributor to ethical and compliant business practices across our organization. Working closely with the Head of Compliance & Privacy, you'll support both our central office and franchise locations in meeting regulatory requirements and embedding risk-awareness throughout the company. This position offers an opportunity to directly impact our compliance framework in an evolving, high-ambition environment. Key Responsibilities Compliance Advisory: Provide guidance on compliance issues to directors and management. Ethics Promotion: Champion an integrity-focused culture across the organization and franchise branches. Risk Management: Maintain and enhance the compliance risk management system. Monitoring & Reporting: Ensure compliance with laws and regulations, identify potential risks, and produce comprehensive reports. Training & Development: Conduct training sessions and provide ongoing information on compliance and integrity topics. Investigation & Improvement: Investigate potential irregularities and contribute to continuous improvement efforts. Qualifications Bachelor's degree with years relevant years of experience in compliance, ideally in financial services or mortgages. Strong communication and analytical skills. A careful, systematic approach to work with a collaborative, team-focused attitude. Experience in mortgage products or business processes is a plus. Preferably, a completed compliance certification or a commitment to obtaining one. What They Offer A challenging, varied role with significant opportunities for impact and growth. A dynamic, hybrid working environment that values initiative, personal development, and innovation. Support for professional growth, including an annual training budget and ample scope for your vision on learning and development. If you're ready to be part of a dedicated, driven team in a market-leading organization, we'd love to hear from you!

Negotiable
Rotterdam
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Lawyer - Capital Markets

Job Title: Capital Markets Lawyer Location: Frankfurt, Germany Company: Global Investment Bank Key Responsibilities: Support European investment banking teams across Frankfurt, London, and other European locations on small-cap and mid-market ECM capital raises and M&A advisory services. Negotiate and review transactional documentation for both public and private M&A, ECM, and DCM transactions. Advise deal teams and participate in due diligence sessions as required. Provide legal advice and assistance to other internal stakeholders. Provide ad-hoc general legal advice and assist with specific projects and proprietary work streams. Skills & Experience Required: German-law qualified and business fluent in German (both written and spoken). Excellent academic qualifications are a big bonus. 3-6 years of post-qualification experience with broad capital markets/securities experience; general M&A experience is a plus. Knowledge of US securities laws is a plus, though not essential. Benefits: Competitive salary and bonus structure. Dynamic international work environment with exposure to cross-border transactions. Hybrid work model with 2 days working from home per week. How to Apply: If you are a Capital Markets lawyer currently working in a law firm or bank, and you're ready to take on an exciting role with a global investment bank, we encourage you to apply today!

Negotiable
Frankfurt (Oder)
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Compliance Officer/Deupty Head of Compliance

A leading global investment management firm is seeking an experienced Deputy Head of Compliance to join their growing compliance team.This senior-level position offers an exciting opportunity to work in a fast-paced and challenging environment, overseeing both regulatory and AML functions while ensuring that our firm adheres to the highest standards of compliance across all operations. Key Responsibilities: Compliance Oversight: Provide strategic leadership and guidance in the implementation and execution of compliance policies and procedures across the firm, ensuring adherence to all applicable regulations. Regulatory Compliance: Oversee the firm's compliance with local and international regulations, including but not limited to SEC, FCA, CFTC, and other relevant regulatory bodies. Develop and manage compliance frameworks for both domestic and international markets. AML Oversight: Manage the firm's Anti-Money Laundering (AML) program, ensuring that robust controls are in place to prevent financial crime, including the monitoring of transactions, conducting due diligence, and managing investigations of suspicious activity. Risk Management: Conduct compliance risk assessments to identify potential areas of exposure and recommend effective solutions to mitigate risks across all business functions. Training and Education: Develop and lead compliance training programs for staff, ensuring awareness of regulatory obligations and fostering a strong culture of compliance across the organization. Reporting and Documentation: Prepare regular compliance reports for senior management and the Board of Directors, detailing the firm's compliance status, regulatory changes, and potential risks. Advisory Role: Act as a key advisor to senior leadership and other business units on compliance-related matters, including product development, investment strategies, and operations. Requirements: Experience: Minimum of 5 years of compliance experience in a buy-side investment management firm, with a strong background in generalist compliance functions, including regulatory compliance and AML. Expertise in Regulations: In-depth knowledge of global financial regulations (SEC, FCA, MiFID II, FATCA) and the ability to interpret and apply these regulations within a buy-side context. AML Expertise: Proven experience managing AML programs, conducting KYC and ongoing monitoring, and handling suspicious activity reporting. Communication Skills: Exceptional verbal and written communication skills, with the ability to articulate complex compliance issues in a clear and concise manner to senior management, business leaders, and regulators. Leadership: Strong leadership capabilities with a collaborative approach to working across departments. Analytical Skills: Excellent problem-solving and analytical skills with attention to detail, particularly in interpreting regulations and applying them to day-to-day operations. Qualifications: A relevant compliance certification (e.g., CAMS, ICA, or similar) is desirable. A law or finance-related degree would be an advantage. If interested please send your CV

Negotiable
London
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Senior Legal Manager

Title: Senior Legal Manager Company: Corporate Services Location: Amsterdam About We are a team-driven organization with a strong focus on collaboration across disciplines to deliver the best solutions for our clients. From multiple global locations, our team of over 150 legal and financial professionals provides services to a wide variety of clients, including high-net-worth individuals, family offices, and companies in various industries. We are committed to fostering both personal and professional growth. We seek individuals who value integrity, empathy, collaboration, and an entrepreneurial spirit. Role As a Senior Legal Manager, you will be responsible for the daily legal management of an international client portfolio. Working as part of a dedicated client service team, you will collaborate with financial and support colleagues to uphold the integrity of client portfolios and ensure the consistent delivery of high-quality services. This role involves managing complex inquiries, client satisfaction, and providing comprehensive corporate services. Responsibilities Legal Management Maintain legal compliance for a diverse client portfolio, including coordinating entity setups, restructurings, and dissolutions. Lead and participate in board meetings; draft and review legal documents such as resolutions, contracts, and agreements. Manage complex transactions like mergers and acquisitions, collaborating with external advisors as needed. Support junior team members, ensure accurate data management, and handle filing and compliance with local regulations. Negotiate price agreements and monitor accounts receivable. Risk & Compliance Assess client structures, identify potential risks, and ensure full compliance with policies and local regulations. Oversee client transactions and manage compliance reviews, providing guidance on legal, regulatory, and tax issues. Manage client acceptance and ongoing compliance procedures. Relationship Building & Business Development Foster relationships with international clients and partners, including law firms, notaries, and tax consultants. Support business development, including fee proposals and portfolio growth, while organizing networking and client event. Skills & Qualifications Proficiency in Microsoft Office Familiarity with the Dutch Corporate Law At least three years in the Dutch trust industry 3+ years of relevant experience in corporate legal support Experience managing and advising international clients A Master's degree in law (Dutch Law with a focus on company, notary, or fiscal law) Excellent communication and interpersonal skills If you're proactive, client-focused, digitally adept, and ready for a dynamic work environment, I encourage you to apply!

Negotiable
Amsterdam
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Legal Counsel - Corporate Law and Land Leasing

Our client is seeking a Legal Counsel with experience in Corporate Law and Land Leasing. The organisation is a leader in the renewable energy sector, specializing in the development and implementation of solar energy projects. They focus on designing and delivering innovative solar power and energy storage solutions. Their projects aim to reduce carbon emissions, enhance biodiversity, and promote energy independence. Operating internationally, they are committed to sustainability and creating a positive environmental impact. Key responsibilities: - Supporting the Land acquision manager with all land leasing matters and contracts - Dealing with Corporate Law - Act as first point of contact with all corporate law matters in the German entity Qualifications: - 1st or 2nd Staatsexam - First hand experience dealing with land leasing matters in current role - Fluency in German language and experience working in the German market - Interest to join a small company paving the route in Germany in large-scale solar projects and innovative energy storage solutions.

Negotiable
Baden-Wรผrttemberg
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Associate director regulatory advisor

Our client is seeking an experienced Associate Director, Regulatory Advisor to join their dynamic team in London. This role will focus on providing regulatory guidance and support within the asset management sector, ensuring compliance with relevant regulations while enhancing our strategic objectives in public and private markets. Key Responsibilities: Regulatory Advisory: Provide expert advice on regulatory frameworks affecting asset management, with a strong focus on public markets. Compliance Oversight: Ensure adherence to all relevant regulatory requirements and internal policies, proactively identifying potential compliance risks and implementing solutions. Stakeholder Engagement: Collaborate with internal teams, including legal, compliance, and operations, to align regulatory strategies with business objectives. Policy Development: Contribute to the development and implementation of regulatory policies and procedures, ensuring they are up to date with changing regulations. Training and Support: Develop and deliver training programs for staff on regulatory matters, fostering a culture of compliance within the organisation. Market Insight: Stay abreast of industry trends, regulatory changes, and best practices to provide informed recommendations to senior management. Reporting and Analysis: Prepare and present regulatory reports to senior management, highlighting compliance status and potential areas of concern. Qualifications: Experience: 7-10 years of relevant experience in regulatory advisory roles within the asset management sector preferably. Regulatory Knowledge: In-depth understanding of UK and EU regulatory frameworks. Market Exposure: Experience with both public markets and a understanding of private markets is a plus. Analytical Skills: Strong analytical and problem-solving skills, with the ability to interpret complex regulations and translate them into actionable strategies. Communication Skills: Excellent verbal and written communication skills, capable of engaging with diverse stakeholders and presenting complex information clearly. Education: A relevant degree in finance, law, economics, or a related field. Additional professional qualifications are a plus. If interested, please send your CV outlining relevant experience to-

Negotiable
London
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Compliance Officer

We are seeking a Compliance Officer to join our clients London office. The Compliance Officer will be responsible for ensuring that the organisation adheres to regulatory requirements and internal policies. This role involves monitoring compliance with laws and regulations, conducting audits, and providing guidance to staff on compliance matters. Key Responsibilities: Monitor and review products and processes regularly to ensure they meet compliance standards. Develop, implement and maintain regulatory compliance. Oversee and ensure compliance procedures are effectively executed, adhering to relevant regulations. Conduct regular reports for management and regulatory authorities as required. Provide training and support to employees on compliance-related issues. Identify and assess compliance risks. Act as the point of contact for the regulatory bodies. Qualifications: Bachelor's degree in Finance, Law, Business, or a related field. Proven experience in a compliance role, within the financial services sector. Strong knowledge of relevant regulations and compliance best practices. Excellent analytical and problem-solving skills. Strong communication and interpersonal abilities. If interested in this position, please apply or email an updated CV

Negotiable
City of 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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