- How to Attract Graduates
- How to Hire Graduates
- Consulting Roles
- Tutoring Roles
- Software Development Roles
- Sales Roles
- Analysis & Research Roles
- Public Relations (PR) Roles
- Operations Roles
- Marketing Roles
- Legal Roles
- Design Roles
- Customer Service Roles
- Content & Social Media Roles
- Business Development Roles
- Banking & Finance Roles
- Admin & HR Roles
- Account Management Roles
- The Selection Process
- How to Retain Graduates
- Employee Management
Banking & Finance Roles
How to recruit a graduate for a role in Banking and Finance
A logical thinker with the ability to build rapport with clients with the confidence to make logical decisions. They should be ambitious and capable of working under pressure.
A 2:1 in a numerical or analytical based degree such as Economics, Maths and Science is hugely beneficial. Finance qualifications in investment banking or accounting are equally valuable.
- Numerical: anyone in a role like this will be dealing with numbers all day, so you need someone with mathematical capabilities
- Analytical: finance and banking are all about assessing the results of different strategies, projects, and decisions.
- Attention to detail: in a role that deals with lots of documents, numbers and data, spotting a correcting mistakes early is key.
- Problem-solving: from customer issues, to issues with the product, banking and finance requires someone who can think outside of the box to deliver the best service.
- Ability to take their own initiative: you have to be responsive and quick to act in many situations, so you are looking for someone who can think for themselves.
- This could range from holding a treasury position on the committee of a club, to budget management in a society.
- Demonstration of people skills through participation in a club or society is also a plus.
- Candidates who have undertaken finance internships and schemes whilst at university definitely have the edge, as taking part in these schemes not only suggests they have relevant skills, but also shows a clear ambition and interest in the finance sector.
- Although experience in Banking and Finance is important, other experience in the Sales and Account Management, Legal and Consulting sectors is also favourable.
- A highly driven candidate who has good knowledge and awareness of the sector and how it works.
- Good IT skills, particularly Excel.
- Is adept at analysis – particularly with numerical data.
- Poor communication skills and a lack of assertiveness.
- Someone who lacks drive and confidence in their decision-making skills.
- They struggle working with numbers and to tight deadlines.
- Create workplace scenarios and ask the candidate what their course of action would be. This is a good way of evaluating their decision-making skills and their logical thinking abilities.
- Present the candidate with some data and ask them to interpret it- this is a fantastic way of gauging their ability in numbers and analysis.
Candidates can expect salaries to start within the range of £24,000- £35,000 but will significantly vary depending on the role, sector and company. Candidates will expect to have the opportunity to gain experience in a variety of different capacities to increase their future employability, with some candidates earning around £60,000 after three to five years of experience in the role.