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GUEST COMMENT: The six species of headhunting candidate

...and how to handle them (to be carefully cross referenced with The Six Species of Obnoxious Investment Banker in order to avoid confusion, and for additional information where necessary).

1) The One Who Knows It All

This banker thinks they are doing recruiters a favour by merely being in your office. Their 'Master of The Universe' presence should be enough to make any recruiter's toes curl and ensure jobs are thrown at their feet like rose petals. Extremely resistant to answering any questions, this Banker will give recruiters 24 hours to get them a board position on seven figures, or will start using four letter words behind their backs (at best).

How to handle them: with a rich internal monologue belied by a calm exterior. Stock up on stress balls.

2) Mr Unrealistic Expectations

Believes that a phone call from a recruiter is the same as an MD-level contract with a significant salary. Struggles to understand the, not especially complicated, process of meeting Headhunter, then meeting client (possibly several times) and can't imagine any circumstances under which they might not be offered the job.

How to handle them: using small words and short sentences to begin with, then from a increasing distance if they start to go wobbly.

3) The One Who may be Stretching the Truth

Generally very shiny with terrifyingly white teeth. Has done everything and been everywhere at the right time, with the largest client base and a P&L you could take your eye out with if you're not careful. No faults they can think of but may admit to being 'extremely driven'.

How to handle them: Rigorous CV checks. Covert telephone calls to people who have had the misfortune to work with them in the past.

4) The Regular

At home in any recruitment firm's reception where he will make abundant use of the free boiled sweets and water dispenser. Generally managing to jump before being pushed, The Regular moves around the City starting well and failing to live up to ever reducing expectations.

How to handle them: with pity but kindness, for they are a regular source of fees.

5) The 'It's all over but I can't see it yet'

With a sparkling career some way behind them, this Banker should be considering their options. Instead they are filling recruiters' in-boxes with everything from threats and abuse to outright pleading. These guys have either priced themselves out of the market or refuse to consider other options because they are "beneath me." Be warned, inflexible and desperate is a dangerous combination.

How to handle them: with care. Good candidates for a referral to a colleague who either owes you a favour or forgot your coffee.

6) The Name Dropper

Has worked with, for, over and under everyone who is anyone (and many who aren't) in Investment Banking. Any question is answered with "When I was working with/at/for..." and contains little other information.

How to handle them: Ask for the names of two people to provide a personal reference and watch them squirm.

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AUTHORAnonymous Insider Comment
  • al
    alexismourad
    26 November 2009

    I think there are 2 kinds of recruiting agencies.

    There are the CV matchers that will not listen to you and send you any offer matching a single word in your CV. They have big databases, lots of mandates and some of them match. Thats a job like another but it surely does not deserve a 10% cut on the candidates salary or even the title of headhunter.

    On the other hand you will have Headhunter who will have a chat with you, read your CV, actually understand what you want and try to find it for you. Tose are the ones who will take the most time to reply to you and for a very good reason. They do some work: they are going to call people up, they will sell you and try to get the best deal. Those ,by the way ,would decline a candidate they feel they can't help, rightly so.

    So to sum up, if you are a frustrated candidate, stop calling all over the place to get a job in 24h and find yourself a decent guy. If on the other side, you are a frustrated headhunter who feels the need to categorize bankers, i suggest you select more your clients and actualy do some work to deserve your title and your pay. I doubt that you will have time for that kind of litterature if you do so.

  • Ma
    Mate
    25 November 2009

    My favourite is The Guy Who Doesn't Tick a Box, Not Even One: even thiough the job description clearly mentions at least 5 years of front office experience structuring derivatives, this type of candidate thinks that his two years in accounting for a non-financial institution are more than enough, because he's soooo smaaaart...

  • Ti
    Tina O
    25 November 2009

    I feel for both sides of the argument, gender basis and semantics aside. I have been an executive recruiter for 4+ years now and my heart still breaks when I have to tell an out of work candidate (that is perfectly skilled and capable to do the job successfully that my client is looking to fill), that they don't qualify for said position. It's unfair, absolutely! But, the hiring entity is paying the bills so the customer gets what they want and most of the time that is a candidate that is currently working in the client's industry, with some number of years of current experience within that industry, and any additional niche skills that are required. Plus we make sure that expectations match for both our candidates and client. We cover salary and commute and work/life balance and company culture and ad nauseam.

  • Cl
    Clare B
    24 November 2009

    Sarah - this article makes it sound like there are only male candidates around. Phrases such as "Mr Unrealistic Expectations" and "these guys" demonstrate that this article misses the point of modern day banking recruitment. The industry has moved on from white / male / middle class reality and so should efinancialcareers.

  • An
    Analyst
    24 November 2009

    We are again opening up old topics... Just like there are "ungrateful, unemployed, unemployable" candidates, there are also arrogant, useless, inefficient headhunters. And if they DO post roles that are relevant to your background, it is only natural that you give them a chance to know you might be a match. The lack of manners that some headhunters display, however, is by no means excusable or professional. Enough of their own whining how much work they have to do. Now is the time for them to make OR break their own name. Thanks to this crisis I found out that I will NEVER work with some of these agencies that proved to be utter idiots. And I will remember this in the good times, as well.

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