HR Recruitment Practice - Assignment Example

A. Job Advert Sourced from: Old Mutual Wealth. (2017). Investment Administrator-Manchester. Accessed from http://www22.i-grasp.com/fe/tpl_oldmutualwealth01.asp?s=4A515F4E5A565B1A&jobid=92205,2334998756&key=189932434&c=69489945129861&pagestamp=segskohmcckjzvwuby&aid=18432 2.0 Description & Specifications 2.1 Job Description For this job advert, the description and specifications are provided. The fundamental purpose of the job is to assist one or even a set of investment managers in achieving effective and an efficient way of providing team support as well as be in a position to always provide client administration including provision of client portfolios. The Key responsibilities and scope of the job involves a set of fundamental tasks and duties that fairly relates to this position. The investment administrator is required to be in a position to; Arrange bank transfers to client bank or even third-party payments Conduct efficient analysis and proper examination of portfolio information from random clients within the database Always provide answers to possible queries from clients and third party intermediaries Always provide existing clients or even their immediate agents with information and reports that relate to their respective portfolio. Analyse and update the portfolio database on a regular basis to capture any important new information from the market or client Constant monitoring and examination of a client’s suitability to particular portfolio frameworks Provide necessary assistance with the drafting of suitability letters as well as a general correspondence Arrange possible portfolio transfers Provide assistance with the production of investment proposals and meeting suitability packs. To make sure that all underlying duties and responsibilities are finished on time and have adhered to relevant rules and regulations in place; compliance regulations To make sure that the client relationships are documented in a proper and effective manner and ascertaining that the ‘Know Your Client’ policies are upheld at all times. 2.2 Person Specification Requirement Essential Desirable Qualifications Achieved Masters level standard education Exceptional Microsoft Office Skills especially in relation MSc (Finance, accounting, Economics) is entirely preferred. Ability to use such other program software as MATLAB and E-views is highly encouraged. Experiences Enough experience in the investment administration job position Ability to understand the investment and the finance market as a whole Ability to work as an individual and on a team basis 5 plus years of experience in an investment related is highly preferred. Previous engagement as an investment administrator in a reputable company will be given higher considerations. Skills & Knowledge Exceptional finance-related knowledge. Exceptional numerical skills and the ability to formulate formal reports using different IT software. Ability to communicate in more than 3 foreign languages is preferred( Germany and Chinese) Competencies Commercially astute with exceptional communication skills Ability to easily engage and influence at all levels across a given set of business and wider organisational platform. High confidence levels Resilient Tenacity to deliver immediate success within a challenging business environment. Ability to use power-point to efficiently make presentations. Ability to formulate effective teams Other -ACCA 3.0 Resume Personal Information Patrick N. James 23457 Appleton Avenue Appleton, Manchester DOB: 3/2/1980 Email:npatrick34@gmail.com Mob: +4479087848 Career Goal As qualified and competent person, I am seeking to handle the position and thereafter, lead the operations of the investment firm in a more skilful manner. Summary of Skills Exceptional grasp of both theories and practices of investment administration in a modern business setting Proficiency with the modern applications in online trading platforms like e-Toro Capacity to work in an environment full of pressure with adherence to both deadlines and quality of work done. Flexible enough to fit in with the ever-changing business environment Resilient, confident and social person; an ability that has allowed me to create long-term relationships with people Excellent skills in communication, conflict resolution and resource management skills Work Experience Investment Manager at Top-West Financial Services, Manchester Employed from October 2007- present Job Duties Engaged different portfolio assistant managers to formulate tailored products and services that would fit in with customer’s expectations. Engaged extensively in the computation of interest and dividends on all investment fund portfolios as well as other related products and paid commissions to the brokers Updated and formulated a new prospectus whenever there was a new product being launched. Retained customers that were not fully satisfied with the services offered by the company Educational Qualifications and Certifications Certified Funds Administrator Manchester College of Accountancy Bachelor’s Degree in Finance The University of Manchester Master’s Degree in Economic New York University Interests and Hobbies Cycling, chess and mountain-climbing References Available upon Request 4.0 Assessment Criteria & Measures of Assessment 4.1 Assessment Criteria for Job Interview 1. Demonstrates the ability to listen and effectively communicate with the customers 2. Demonstrates the ability to handle conflicts in a timely manner 3. Demonstrates ability to multi-task 4. Demonstrates capacity to work as an individual and in a team 5. Demonstrates a high degree of confidence 6. Demonstrates the ability to show resilience 7. Demonstrates ability to deliver success in a pressurised working environment. 8. Demonstrates ability to show a passion for analysing and examining different market environments 4.2 Measures of Assessment Criteria High (5 Points) Medium (3 Points) Low (1 points) 1. Listening & Communication Skills Portrays an exceptional level of communicating in proper English languages and listens effectively prior to being allowed to respond Portrays that proper communication in English is limited to a certain degree and does not give enough time to listen prior to responding. Does not show clear and concise grasp of the English language and does not seem to listen attentively to panelists prior to providing responses to questions answered 2. Conflicts Portrays a capacity to solve chaos and confusion while giving few examples of specific examples where that was achieved Portrays moderate understanding of how to go about solving chaos and gives inappropriate few examples of how that was achieved Does not show that he understands conflict resolutions at all 3. Multi-task Shows that can work on more than one-project at any given moment successfully while providing few cases of how it happened Shows that can try to work on more than one project but inappropriately and using wrong approach Does not understand the concept of multi-tasking and does not provide any example 4. Capacity to Work as Individual and Team Member Shows exceptional efforts to accommodate other people’s opinions and integrate them effectively into their own to produce results Shows minimal efforts to work on teams and slightly engages others in their activities Does not show proper efforts to involve other people’s efforts into their own opinions 5. Confidence Shows lots of confidence in the responses made. Engages panelists freely. Timid in providing responses and seems not engage panelists freely Does not engage the panelists freely and is only focused on providing responses only 6. Resilience Portrays an ability to show resilience in particular scenarios developed by panelists effectively Provide limited ways for which respond on how to deal with real-life situations Does not provide convincing ways for dealing with the scenario provided 7. Work-related Pressure Shows efficiency in dealing with work-related pressures by proposing efficient tools that can be adopted in different situations Shows moderate ability to work in work-related pressure environments and understands little tools to do so. Fails to show knowledge of possible tools to be used in work-related pressures environment 8. Market Analysis Capacity Shows understanding of different investment markets and portfolio that can result to positive outcome Shows little or no understanding of diversity of investment markets across the globe Is not fairly positioned to provide responses on this topic 5.0 Possible Criteria Questions to Assess Candidate in the Course of Interview 1. Communication A. Where do you see yourself in this organisation in the next five or so years? 2. Conflicts A. How do you go about when your junior employees seem not coordinate in the work duties? B. Do your employees resort to you when seeking to solve a possible misunderstanding? 3. Multi-task A. How do you go about beating deadlines in a situation where two or more customers need their portfolio reports in a day’s time? 4. Capacity to Work as an Individual or Team A. Do you think other people’s opinions and idea matter when handling customer’s reports? 5. Confidence A. Do you think you are fit to assume this job and execute its duties effectively? If so, indicate to us the mechanism you will put in place to ensure growth of the company under your watch? 6. Resilience A. What do you in a situation where the customer seems not interested with the company’s portfolio management services anymore? 7. Work-related Pressure A. Can you work on a customer’s report in two or so hours’ time when requested to do so efficiently? 8. Market Analysis Capacity A. Do you think the current stock and bonds market are operating at their optimal? If so, why do you think so? 6.0 Critical Assessment of Candidate Criteria Ratings Score 1. Listening & Communication Skills Portrays an exceptional level of communicating in proper English languages and listens effectively prior to being allowed to respond 5/5 2. Conflicts Portrays a capacity to solve chaos and confusion while giving few examples of specific examples where that was achieved 5/5 3. Multi-task Shows that can work on more than one-project at any given moment successfully while providing few cases of how it happened 5/5 4.Capacity to Work as Individual and Team Member Shows minimal efforts to work on teams and slightly engages others in their activities 3/5 5. Confidence Shows lots of confidence in the responses made. Engages panelists freely. 5/5 6. Resilience Provide limited ways for which respond on how to deal with real-life situations 3/5 7.Work-related Pressure Fails to show knowledge of possible tools to be used in work-related pressures environment 1/5 8.Market Analysis Capacity Shows little or no understanding of diversity of investment markets across the globe 3/5 Totals 30/40(75%) Read More