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BFSI

Two Decades of BFSI Talent Expertise – From Entry Level to Senior Leadership

The BFSI sector has been a cornerstone of our work for over 20 years. We have successfully built frontline teams, back-office functions, and senior leadership roles for banks, NBFCs, insurance companies, fintech players, and wealth management firms.


Our strength lies in volume hiring, as well as mid-to-senior level roles and specialised headhunting for niche positions.

What Sets Us Apart:

  • Decades of experience in BFSI hiring cycles.
  • Speed and precision in bulk + specialist hiring

Winning the War for Talent in the BFSI Sector

In the competitive and strictly regulated arena of BFSI, an organisation’s success is linked to the extent to which it attracts and retains top talent. It is challenging for the HR personnel, recruiters, and senior leadership to bring in talent. Hence, forward-looking and strategic recruitment is no longer an option, but an immediate necessity for a competitive advantage.

The Primary Hurdles in BFSI Talent Acquisition

Talent acquisition within the BFSI talent market is beset by many persistent and interlocked obstacles. For instance, your teams are most likely struggling with:

  • A Widening Digital Skills Gap: With the rapid digitisation of financial services, a vast gulf has opened between the demand from companies for talent and supply in technical areas like data science, cybersecurity, artificial intelligence, and fintech operations.
  • Exceptional Attrition Rates: This sector suffers from an extremely high turnover; attrition in customer-facing and sales roles can cross 30%-40%. While productivity gets disrupted due to recurrent turnover, the onus on recruitment gets heavier with every successive wave of hiring. More so for mass hiring roles such as sales officers and relationship managers.
  • Complex Regulatory & Compliance Burdens: These compliance structures prevailing in the regulated environment of the BFSI add a challenge in itself. While needed, such thorough background verification and compliance checks stretch the hiring cycle, forcing you to let go of qualified candidates to more agile competitors.

A Modern Recruitment Framework for Success

A modern and strategic recruitment framework is the way to get around these hurdles. We partner with our clients to deploy solutions that give an edge to our clients. Hence, we focus, among others, on:

  • Leveraging Advanced Technology: AI-assisted sourcing tools and advanced Applicant Tracking Systems (ATS) streamline the entire recruitment process. ATS will help sift through resumes more efficiently and improve communication with candidates, elevating their experience.
  • Building a Powerful Employer Brand: In this competitive marketplace, an alluring employer brand plays an important role in luring potential top employees and retaining them. We assist you in evidencing your ethical practices for career growth and work culture to make your organisation an attractive choice for high-calibre professionals.
  • Partnering with BFSI Specialists: In particular, we bring deep expertise in the BFSI market. This specialised knowledge allows us access to a broader talent pool, thereby including niche candidates and proven senior management leaders. Furthermore, we ensure that every step throughout the entire sourcing and onboarding process is compliant with the industry’s stringent regulations.

 

Strat-In Consulting strategically tackles complex hiring issues as an informed partner to help hire the right people to drive your organisation's growth and long-term success.

Our Approach

  • Deep understanding of BFSI hiring complexities, compliance, and market structures
  • Bulk hiring strategies for sales officers, relationship managers, and mid-level specialists
  • Focused head hunting for Zonal & Regional Heads, and Product Leaders and Vice Presidents.
  • Candidate access built through long-term relationships with talent in BFSI, fintech, and insurance.
  • Pan-India reach to support rapid expansions.

Strat-In Consulting provides Recruitment, MSME Consulting, and Real Estate Funds Syndication services. Focused talent management solutions for BFSI, IT, Manufacturing, and Pharma industries

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