1. Discuss ways a regional bank could use the Internet effectively to recruit loan officer professionals.
The Internet has become vital tool for recruiters who use the Internet to involve posting jobs and candidates who look for information of jobs. Nowadays, many banks in the world apply the Internet to recruit loan officer professionals. They have developing and promoting advertising campaigns and post job description to attract qualified candidates for the bank and using analysis techniques to figure out the strongest candidates. By integrating job posting boards with applicant tracking and talent management systems, job recruiters make effective use of the Internet to manage recruiting activities, ensuring compliance with legal and company regulations. This ways consist of:
Posting Job Descriptions on Job Boards
The banking professionals post comprehensive job ...view middle of the document...
If required, prior experience in the banking industry should be noted. The job description also lists the types of courses offered as part of the loan officer professionals program, including lectures and web-based training.
Advertising on Professional Association Websites
Advertising on professional association websites, such as the American Banking Association, Financial Management Association or the Independent Community Bankers of American (Example in Vietnam: Vietnam Banking Association, website: http://vnba.org.vn/, the state bank of Vietnam, http://www.sbv.gov.vn) make effective use of the Internet. This way focus on candidates interested in the loan officer professionals, recruiting professionals make the best use of their budget, times and reduce the number of applications from less-qualified applicants.
Posting on Free Career Websites
The most of colleges and universities typically provide career services on their websites. They allow bank professionals to post job and internship listings for free. This allows bank professionals to recruit diverse students, offer coaching and mentoring services and view post-graduate survey data, if available, such as Harvard University, Goshen College. By targeting colleges and universities whose graduates successfully obtain employment in the banking industry, bank professionals locate top talent more efficiently. Additionally, some websites such as JobOpenings.net and JobQuest, usually allow bank management professionals to provide links to their sites, job postings and trainee programs for free.
Newspapers typically have a job search website. By posting job descriptions on a local site, banking professionals can attract and recruit management trainees from local residents and avoid paying relocation costs. Effective ads describe the advantages of joining the loan officer professionals program in that particular city, such as the opportunity for advancement or community service.