As an executive recruiter, I hear a great deal about the interview process from both sides: the candidates I have presented to clients and the clients who are interviewing the candidates. Here is what I have gleaned from these conversations:
What Candidates Say:
- Opportunity for growth and career development programs are a priority for both younger workers and for seasoned bankers who may be stagnating in their current roles. Candidates want to hear about the growth plans for the bank and their careers. This may be more important than a larger compensation package.
- Given the business impact of COVID-19, many candidates are hesitant about changing positions right now if they have a stable situation. It’s important to address how your bank views the implications on your balance sheet, financial performance, and staffing. Do you have a plan for next year? Right or wrong, many feel it is not good to be one of the “last in” if the bank is forced to reduce headcount.
- Many of today’s candidates are interested in flexible schedules, a focus on health and well-being, and a sense of purpose greater than just contributing towards the profit of the company.
What Clients Say:
- Clients want to hear more than what you are doing in your current job. They need to understand what you’ve accomplished. Focus on specifics regarding the value you have delivered to your current employer in the interview.
- In our industry, clients understand that you may have had many job moves due to mergers and acquisitions.That said, they want to know that you will be a loyal employee. Loyalty isn’t about longevity, it just means that you are a committed and responsible employee who will pursue the company’s mission with gusto!
Please let me know your thoughts from either side of the table (or Zoom meeting!).