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The worst candidates in Australian banking: part II

In part II of a two-part series, we give you some more examples of candidates who've made silly mistakes in their job search. If you haven't read part I, click here.

The recruiter abuser

Candidates who are represented by multiple agencies for the same role are a headhunter's worst nightmare, says Trevor Bradley, divisional manager, banking and financial services, Chandler Macleod Group.

"Job seekers need to ask recruiters exactly who their details are going to. It's not satisfactory for a recruiter to simply say 'I will send your details to bank A' because the CV could go literally anywhere within that organisation. Candidates need to be completely transparent in all dealings with agencies in order to avoid duplication."

The meandering mission-statement maker

There's nothing worse in the banking sector than opening a CV and seeing the first page inundated with narrative fluff, says Kevin Jarvis, associate director of Robert Half.

"The candidate may be a 'dynamic leader' or a 'results-driven' individual, but it's best to show, rather than tell, those attributes. On average, a recruiter will make up his or her mind about a candidate within seven seconds when reading a CV, so a very concise mission statement, followed by a straightforward reverse-chronology work history, is the best pattern," adds Jarvis.

The wretched researcher

Surprisingly, in an information-dependent sector like banking, some people still fail to do their homework on the firm that's interviewing them. These candidates think having a fancy CV is enough to land them a job, says Jane McNeill, senior regional director of Hays Banking.

"You need to spend time thoroughly preparing for a face-to-face job interview. The 'about us' or 'media' sections of a firm's website, as well as your recruitment consultant, can provide a wealth of information that allows you to gain a better understanding of the business and how your experience and skills match," she adds.

It's a competitive environment for candidates at the moment and you have to demonstrate that you can stand out in a crowd, adds Ben Shields, manager, banking & financial services, Ambition. "You need to prove that you want the position more than the next candidate, and demonstrating your knowledge of the company will go a long way."

The generalist

"One of the most common mistakes we see banking candidates make at interviews is really a sin of omission: when asked to describe responsibilities or achievements, the unsuccessful candidate will provide an answer that's too general," says Jarvis.

Hiring managers in financial services tend to be brief and general in their questions, so candidates may be tempted to give equally broad answers in reply. "My advice is always the same: give details. Be thorough and succinct. Explain by offering solid examples from your own background and experience. And keep going until you know the question has been answered."

The Gordon Gekko

Ric Nilson, senior consultant, Manpower Professional, recalls a meeting with an unscrupulous banker: "Her resume was faultless, as was her appearance and manners. Everything was looking good for a senior placement with a major Australian bank. I was almost counting the commission."

During an interview, he asked her to expand on her attitude towards ethics in banking. "Her answer blew me away: 'it's everyone for themselves and I'm making so much money for the bank that no one cares about ethics'. She was even perplexed by my negative reaction. I live in hope that she has learnt from this experience that good ethics are critical to banking."

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AUTHORSimon Mortlock Content Manager
  • Fa
    Fate
    10 October 2009

    I went for an interview at with a well known agency and the agent just took information from me regarding the details of what I do in my most recent role. I just found out that the role that they advertised is non existent because I called the HR of the company and asked them if my cv was put forward. The response that I got was they do not entertain candidates from recruiters.

    All recruitement agencies should be subject to industry ethics guidelines.

    http://www.moneymanagement....

  • Fa
    Fate
    10 October 2009

    I applied for a role advertised by Agency A and they said they forwarded my cv to the client and afterwards came back to me that with a negative result. Then after a few months Agency B put me forward to same role and when the hiring was about to interview me Agency A started to get into the picture. Fisrt of all Agency A lied by telleing me that they put my cv forward. Second it is unethical for them to claim that I am their original candidate.

  • Mi
    Michael
    10 October 2009

    I am currently a human rsourece person in a company I have received complaints from a lot of candidates that some agencies are falsely advertising roles.

  • Be
    Ben
    10 October 2009

    Company human resources should also look at those employees who they put in the roles prior 2008 in the front office and credit department, portfolio managers, traders, equities analyst without the help of recruiters because they should not move these employees to the same role or any role critical in the full lending and credit or research process. These are the same people who caused us the financial crisis.

  • Ma
    Marie
    10 October 2009

    Hi Tim Tams I also have the same experience with a recruiter they interviewed me and they questioned how I can do all the job that I mentioned on my CV. The question is almost doubting my capability to do it. This are British recruiters. They are very racist and most of them came to Australia as back packers and how dare they question my capability.

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