When you’re engaged in a financial job search, you’re dealing with a lot of competition. The last thing you want to do is get in your own way of landing a great role. Here are five common mistakes that people make in a financial job search and tips on how to avoid them.
Not Quantifying Your Achievements
One of the biggest mistakes that financial job candidates make is listing responsibilities on their resume rather than proving their value by quantifying achievements. Saying that you developed processes that saved your clients money is nice, but it is much more impactful to say something like, “Developed processes that improved accuracy and efficiency, resulting in a 30 percent cost savings to customers in reporting year 2016.” By using hard numbers that can be verified, you make a clear case that you will bring value to a potential new employer.
No Strategy for Negotiating Salary
If you’re not negotiating salary, or if you’re not negotiating salary well, you’re leaving money on the table. As a financial pro, you know how a difference of just a few thousand dollars can impact your lifetime earning potential.
Enter your job search with a clear idea of the salary you are aiming for. When talking about salary with a hiring manager, ask for slightly more – without being completely unrealistic – and then negotiate if you don’t reach your actual target.
Unimpressive Online Presence
Hiring managers and recruiters will Google you before they chose to interview you. If they don’t find something impressive, you likely will never get a call. Make sure your LinkedIn profile is updated and complete, and actively participate in groups and conversations on the platform.
Finally, make sure to have a professional website that uses your name as the domain. Here, you can post information about your career and if you’re a decent writer, consider a professional blog that will show hiring managers your thought leadership.
Relying on Job Boards
If you’re combing through job boards day in and day out, you’re probably not having much luck finding a great position. This is because the best jobs aren’t posted online for the entire world find. You need to be networking and engaging in other forms of searching so that you can get connected to jobs that aren’t posted to the public.
Doing It Yourself
There are certain things that you should never DIY, and a financial job search is one. Conducting a search on your own can be frustrating and fruitless. A much better approach is to work with a professional finance recruiter.
Recruiters can save you time and improve the outcome of your search by doing the legwork for you. After learning about you, they actively market your skills and experience to their best clients and they are always recruiting for jobs that haven’t been posted to the public.
Work With a Top Executive Recruiter in Buffalo
If you are a talented finance professional in Western New York looking for new career opportunities, the executive recruiters at Systems Personnel want to hear from you. Contact us today to learn more.