Using Automation to Solve Your Financial Services Recruiting Needs

Like any industry, the financial sector constantly faces new challenges in its quest to source and hire the best talent. With a lack of available talent and increased demand, recruiters in this industry are searching for solutions to better engage, screen, and hire candidates for their crucial roles. Understanding the current market for talent in the financial sector requires a deeper analysis of current and potential barriers. Read on to see how conversational AI can help tackle key challenges in financial services recruiting.

@MyaSystems says that the #financial sector faces new and improved challenges in its quest to source and #hire the best talent. See how Mya can help solve their recruiting needs: Click To Tweet

Key Finance Hiring Needs

Business is evolving, and so is the technology that we use. In the modern workforce, recruiters in the finance space need to embrace digital tools and platforms to help engage, nurture, and convert their talent pools. As recruiters aim to compete for top talent, leaning on technology to aid in sourcing can help you create a more robust talent network and reduce time to fill. To understand the unique needs of finance recruiters, you have to look at 5 main requirements:

Increase Recruiter Efficiency

It takes time to source through candidates and applicants. And with the scale of hiring some companies require, your recruiters just simply can’t keep up. Recruiters often spend too much of their time reaching out to passive candidates rather than engaging with vetted talent. To get out of this rut, recruiters need the support of software capable of automating tasks, giving them time to instead focus on human-centric initiatives. 

Eliminate Manual Processes and Silos

Manual processes open the door to human error. When recruiters embrace digital platforms and end-to-end recruiting strategies, they can help remove this error from their process. Digital platforms help recruiters store and archive records, and the right modern recruitment strategy is standardized and easily implemented. Make sure your strategy can be integrated across a number of career sites to reach the best candidates. 

Transform Your Hiring Process

There’s an overflow of jobs on the market and a lack of candidates. This means today’s job seeker holds all the cards. Finance industry recruiters have to create an attractive, engaging, and positive candidate experience to elevate their brand and attract the best talent. 

Meet Candidates Where They Are

Most people apply for jobs online, and with dozens of career sites on the market, finding the right location to engage with candidates is crucial. Today, recruiters need the right tools and resources that can interact with and nurture candidates 24/7. 

Defy the Talent Shortage

Don’t skimp on your candidate experience. A poor candidate experience can not only cause you to lose out on top talent, but it can also hurt your employer brand. Your candidate experience makes a difference in whether an applicant accepts your offer. Providing an efficient and enjoyable experience for your candidate helps keep you competitive in the fight for talent.

In our modern workplace, #financial recruiters need to embrace digital tools and platforms to engage #candidates. @MyaSystems helps you create a candidate experience that attracts and retains top talent: Click To Tweet

Solutions Tailored to the Financial Industry’s Needs

The finance industry will continue to evolve in its recruiting needs as the markets change, but when equipped with the right tools and with the right foundations in place, recruiters can stay on top of the shifting demand. You shouldn’t have to compromise on your hiring goals. Instead, invest in a solution that helps to build a more robust and effective candidate pipeline

Outreach Automation

Financial recruiters can benefit by automating candidate outreach to their existing talent pools. Through integration with ATS and CRMs, they can update existing profiles, nurture talent check-ins, and quickly and easily target and schedule candidate conversations. 

Career Site Engagement

It can be very tedious and time-consuming to engage and convert job seekers on career sites. And converting applicants from goal-oriented chats is tedious as well. By embracing a career site conversational AI chatbot, recruiters can delegate candidate engagement to their AI, saving time in answering commonly asked questions and creating candidate profiles. 

Recruitment Process Automation

The recruiting pipeline takes some time, but automating the communication and conversion process helps shorten the lifecycle and expedite the process for both the candidate and the recruiter. Using a CAI, recruiters can instantly engage candidates from any application source, screen candidates to create a shortlist of best-fit applicants, and automate interview scheduling.

The Leading Conversational AI Platform for Finance

Recruiting with automation has grown in popularity, and Mya has proven itself time and time again as the most sophisticated natural language AI engine. Our software is specifically engineered to give candidates the best-recruiting experience possible. 

Mya’s conversational AI platform can initiate contact with candidates and engage with applicants from whatever platform they are using. With features built in to help screen for desired skills and fit, Mya can help nurture your candidates and direct them to applications and interview scheduling platforms. Using Mya, financial services recruiters can broaden their reach and find higher-quality candidates, while all candidates feel seen and respected by the company.

Mya uses natural dialogue to develop trust and confidence with your candidates. Regardless of application source, Mya handles the communication and engagement efforts with 24/7 availability. To learn more about how Mya can help you remain competitive and reach your hiring goals, reach out to our team of experts and see Mya in action today!

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