Boosting Hiring Efficiency for a Financial Services Company

Client Overview

Title: Head of Talent Acquisition, Financial Services Company

Industry: Finance and Banking

Location: Chicago, IL

Company Type: Large Financial Institution with 1,000 Employees

 

Challenges

The financial services company faced several recruitment challenges:

High Volume of Specialized Roles: Needed to fill numerous specialized positions in areas like risk management, compliance, and financial analysis.

Stringent Compliance Requirements: Required candidates to meet strict regulatory and compliance standards.

Long Time-to-Hire: Prolonged recruitment cycles impacting project timelines and departmental efficiency.

Maintaining Diversity: Struggled to maintain diversity within their candidate pool, essential for innovation and compliance.

 

Solutions Provided by Datasourcer.net

Datasourcer.net delivered targeted solutions to address the financial services company’s specific needs:

Industry-Specific Talent Mapping: Conducted detailed talent mapping for roles in risk management, compliance, and financial analysis.

Verified Contact Information: Ensured access to accurate emails and phone numbers, facilitating direct outreach to qualified candidates.

Data-Driven Sourcing: Leveraged 800 million data points to identify and engage passive candidates with the necessary compliance and regulatory expertise.

Diversity-Focused Recruiting: Implemented strategies to enhance diversity within the candidate pool, aligning with the company’s diversity and inclusion goals.

Automated Recruitment Processes: Streamlined interview scheduling and ATS management to reduce time-to-hire and improve operational efficiency.

 

Results

45% Reduction in Time-to-Hire: Accelerated the recruitment process through efficient data-driven sourcing and automated coordination.

30% Cost Savings: Lowered recruitment expenses by minimizing reliance on expensive job boards and third-party agencies.

Enhanced Candidate Quality: Secured highly qualified candidates who met stringent compliance and regulatory standards, improving overall team competency.

Increased Diversity: Successfully increased the diversity of the candidate pool, fostering a more inclusive and innovative workplace environment.

Improved Hiring Metrics: Achieved better hiring metrics, including higher offer acceptance rates and reduced turnover.

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