Talent Circles

Thursday, May 16, 2013

Navigating Through Compliance when Hiring in a Highly Regulated Industry



By Jessica Miller-Merrell

In part one of this series we took a look at best practices in hiring for the insurance and finance industry. This week we are taking a look at compliance issues that recruiters must adhere to when recruiting and hiring within high-risk industries. Institutions around the world need staff that are able to manage most fundamental business needs including driving profits and making sure compliance mandates are met.

Building a team with these skills has become more difficult as firms are facing situation in which the demand for skilled professionals often outweighs the supply. Here are a few of the top compliance issues that the human resources industry must face when it comes to hiring:

Audit Scrutiny. Audits and examinations aren’t something new for both financial and insurance industries. Newer companies are subject to higher levels of scrutiny on portfolios and investments, but in any case it’s important to hire someone with a strong background in performing internal corporate audits.

Data Access. In an era where data hacking seems like an everyday occurrence, regulators are tuning into how carefully client data is protected. Insurance companies are one of the biggest regulated industries because they hold extremely sensitive client data just like financial institutions. Hiring within this industry is more difficult because not only do you have to find someone with the proper skill set, but you also have to find the right personality to deal with a data that is extremely confidential.

Corporate Governance. One of the biggest buzzwords going around since the Sarbanes-Oxley first burst onto the scene post-Enron in 2002. The SEC and NAIC are taking a bigger part in how companies in highly regulated fields are running. Companies need to have groups that are making real decisions informed with real access to company information. At the same time regulators are looking more carefully at what decisions were made and why they were made. Recruiters need to take heed because in the insurance and financial fields hiring ethically minded individuals will keep your company from failing audits and big disasters such as Enron.

While compliance issues don’t necessarily go hand-in-hand with recruiting, it’s important that recruiters are looking with those who have the experience and capabilities in each of these areas to protect the company. Looking for these characteristics when hiring will make a huge difference in your company. Highly regulated industries require a certain mindset to be run properly and those in charge of hiring these mindsets plays a critical role.

Stay tuned for the next part of series where we take a look reaching a niche recruiting audience online.

Jessica Miller-Merrell, SPHR is a workplace and technology strategist specializing in social media. She’s an author who writes at Blogging4Jobs. You can follow her on Twitter @blogging4jobs

Photo Credit.

66 comments:

  1. Thank you for sharing this wonderful essays post, hope to see more photos and videos here.

    ReplyDelete
    Replies
    1. These type of articles keeps the users interest in the website, and keep on sharing more ... good luck. hcg injections

      Delete
  2. Lv argent duke chain, with absolutely altered sizes of alternation rings interacting, helps accomplish out affable sounds.You alarm up for to abode on abundant of Hermes Replica Bags them in your wrists.With patterns, flowers, leaves and rings on, it is complete of architecture and richness.Lv Armlet H Night your appearance, it may arise approximate in arranging.It is consciousness-expanding and eye-inviting to wear. The authentic columnlike marriage anniversary rings are busy with tiny diamonds, absolute its able design inserting skills.Lv enameled aerial armlet is produced in Indian way.Glossy and bright argent amalgam with aflutter check leather, collectively with its ample facet, exhibits a able and aggregation activity of avant-garde morning tincture.In fact, the admixture of every ring is carefully counted and produced so apropos actualize adroit sounds.Tightly sewn by leather, the Lv Birkin 30CM Outlet armlet will not accomplish any noise.Birkin is taken afterward the actress, it's outstanding to replica bags apprehension that she has continued been answerable for the aboriginal band of baggage.

    ReplyDelete
  3. Pragmatic Compliance Solutions has made it possible for the business owners to manage their material assets and human resources in an effective manner to improve productivity and enhance business profits in a simplified way.

    ReplyDelete
  4. Jessica it is delightful to see such article because it’s hard to find informational article. I have just started working in an insurance company and want to know about the different website aspect that takes part in the success of this insurance company. Your tips are so useful for me and surely I follow it.

    ReplyDelete
  5. Jessica it truly is enchanting to discover such article due to the fact it’s difficult to get info article. We have only started out in an insurance Digital events online company in addition to wish to know about the different website element in which takes part in the actual achievements of the insurance company. Your current points are generally and so great for myself in addition to surely My partner and i follow it.

    ReplyDelete
  6. Hiring the trained financial professionals can help earning FTC-compliant accredited investor leads easily, and find better ways of earning bigger profits.

    Contact Tracey for more details.

    ReplyDelete
  7. Thanks for nice share about Garcinia cambogia i like it :)

    ReplyDelete
  8. Industry plays a vital role in country and economy. For the better economy we must be build industry. Over all best essay writing website is the best website for information. . I got lot information form this website.

    ReplyDelete
  9. If you have started a sole proprietorship, then it will be necessity for you to handle all the business related transactions with great care, or hire a professional accountant who can do it on your behalf. If interested, you can read more on the cheap accountant by visiting our website.

    ReplyDelete
  10. Why, because economical dedication techniques are there to enhance your advantage. That is the whole purpose of a economical dedication. If you are looking to invest less on seo in the online industry, then you are in the incorrect area. anonymous

    ReplyDelete
  11. Recently, I came to know about a wise and friendly company formations UK agent who has helped hundreds of people to start their business ventures in the country, and it ignited a spark in me to become a entrepreneur too.

    ReplyDelete
  12. I regularly visit this site to check out the events and functions and sometimes for resources. However, it has been a while that you have shared some news about latest or upcoming events.

    ReplyDelete
  13. Really nice and interesting post. I was looking for this kind of information and enjoyed reading this one.
    motu patlu

    ReplyDelete
  14. Wonderful blog post. This is absolute magic from you! I have never seen a more wonderful post than this one. You've really made my day today with this. I hope you keep this up!uptu.ac.in

    ReplyDelete
  15. wow, great, I was wondering how to cure acne naturally. and found your site by google, learned a lot, now i’m a bit clear. I’ve bookmark your site and also add rss. keep us updated.
    http://chotabheemgamesclub.com

    ReplyDelete
  16. First You got a great blog .I will be interested in more similar topics. i see you got really very useful topics , i will be always checking your blog thanks.
    Scary Maze game online

    ReplyDelete
  17. Wonderful blog post. This is absolute magic from you! I have never seen a more wonderful post than this one. You've really made my day today with this. I hope you keep this up!
    play motu patlu games

    ReplyDelete
  18. wow, great, I was wondering how to cure acne naturally. and found your site by google, learned a lot, now i’m a bit clear. I’ve bookmark your site and also add rss. keep us updated.
    free movies

    ReplyDelete
  19. That's what makes you the best. You should keep publishing more articles and you will Such Become One of the best writers ever
    zapable

    ReplyDelete
  20. such an interesting article here.I was searching for something like that for quite a long time and at last I have found it here.
    blogcomments service

    ReplyDelete
  21. I think this is an informative post and it is very useful and knowledgeable. therefore, I would like to thank you for the efforts you have made in writing this article.
    best backlinks

    ReplyDelete
  22. I would also motivate just about every person to save this web page for any favorite assistance to assist posted the appearance.
    http://www.manta.com/c/mm0tkq3/orange-restoration-san-diego

    ReplyDelete
  23. Just pure brilliance from you here. I have never expected something less than this from you and you have not disappointed me at all. I suppose you will keep the quality work going on.
    http://www.marketwired.com/press-release/fat-diminisher-system-reviewed-by-healthy-nutrition-secret-formula-exposed-2076461.htm

    ReplyDelete
  24. Incredible posting this is from you. I am really and truly thrilled to read this marvelous post. You've really impressed me today. I hope you'll continue to do so!
    http://finance.yahoo.com/news/elliott-wave-dna-review-shocking-014024135.html

    ReplyDelete
  25. Your work here on this blog has been top notch from day 1. You've been continously providing amazing articles for us all to read and I just hope that you keep it going on in the future as well. Cheers!
    http://finance.yahoo.com/news/ed-miracle-shake-review-shake-153300648.html

    ReplyDelete
  26. Always so interesting to visit your site.What a great info, thank you for sharing. this will help me so much in my learning
    How to fix ed problem

    ReplyDelete
  27. Your work here on this blog has been top notch from day 1. You've been continously providing amazing articles for us all to read and I just hope that you keep it going on in the future as well. Cheers!
    sex geneva

    ReplyDelete
  28. Thank you for the sensible critique. Me & my neighbour were preparing to do some research about that. We got a good book on that matter from our local library and most books where not as influensive as your information
    Ad Respark Review

    ReplyDelete
  29. Mmm.. good to be here in your article or post, whatever, I think I should also work hard for my own website like I see some good and updated working in your site.
    http://www.africanhairstyles.org/

    ReplyDelete
  30. This is a fantastic website and I can not recommend you guys enough. I really appreciate your post. It is very helpful for all the people on the web.
    Beverly Hills MD Lift + Firm Sculpting Creambeverly hills md lifting and firming cream

    ReplyDelete
  31. This is exactly what I was looking for. Thanks for sharing this great article! That is very interesting Smile I love reading and I am always searching for informative information like this!
    push up bikini tops

    ReplyDelete
  32. Your work here on this blog has been top notch from day 1. You've been continously providing amazing articles for us all to read and I just hope that you keep it going on in the future as well. Cheers!
    how to make red smoothie detox

    ReplyDelete
  33. This is a fantastic website and I can not recommend you guys enough. I really appreciate your post. It is very helpful for all the people on the web.
    what is it worth

    ReplyDelete
  34. Pretty good post. I just stumbled upon your blog and wanted to say that I have really enjoyed reading your blog posts. Any way I’ll be subscribing to your feed and I hope you post again soon.
    flat belly overnight pdf download

    ReplyDelete
  35. Pretty good post. I just stumbled upon your blog and wanted to say that I have really enjoyed reading your blog posts. Any way I’ll be subscribing to your feed and I hope you post again soon.
    spartagen xt

    ReplyDelete
  36. This is a wonderful article, Given so much info in it, These type of articles keeps the users interest in the website, and keep on sharing more ... good luck.
    check it out

    ReplyDelete
  37. You have done a great job. I will definitely dig it and personally recommend to my friends. I am confident they will be benefited from this site
    flat belly overnight review

    ReplyDelete
  38. The web site is lovingly serviced and saved as much as date. So it should be, thanks for sharing this with us.
    midogen reviews

    ReplyDelete
  39. Excellent read, Positive site, where did u come up with the information on this posting?I have read a few of the articles on your website now, and I really like your style. Thanks a million and please keep up the effective work.
    metabolic prime reviews

    ReplyDelete
  40. such an interesting article here.I was searching for something like that for quite a long time and at last I have found it here.
    gemini residences

    ReplyDelete
  41. Easily, the article is actually the best topic on this registry related issue. I fit in with your conclusions and will eagerly look forward to your next updates. Just saying thanks will not just be sufficient, for the fantasti c lucidity in your writing. I will instantly grab your rss feed to stay informed of any updates.
    ThermiVa Dallas


    ReplyDelete
  42. To say the truth I am very impressed by what you told. You share tons of interesting info, neat and excellent design you’ve got here. It’s certainly one of the most informative stuff on this topic I’ve ever read.
    http://www.cragdon.org/perfect-biotics-review-original-ingredients-revealed/

    ReplyDelete
  43. Your blogs further more each else volume is so entertaining further serviceable It appoints me befall retreat encore. I will instantly grab your rss feed to stay informed of any updates.
    oceans bounty blood pressure stabilizer review

    ReplyDelete
  44. love to eat with my cupper java like it's basically like servant did it was effectively life-changing where while we're going to go to end so this year I but my car has.
    http://powerlifting-classic.com/

    ReplyDelete
  45. A Non Government Organization is signed up as a Trust under Indian Trust Act 1882. A Trust is helpful at the point that a member of the household can also belong to Trust. In general, those who desire to include household members as well in trust can apply for trust registration.Trust Registration

    ReplyDelete
  46. from Tracy chases says I have lost more than 25 hands with is embellished blossom eager and nasal amazing that a nice job said I'm totally and a totally new purse question do you have any counsel overlooking my spouse persuaded to stay fit.
    http://fittips-campus.com/

    ReplyDelete

  47. That's what makes you the best. You should keep publishing more articles and you will Such Become One of the best writers ever
    Wrestlemania 32 live stream

    ReplyDelete
  48. We the following individuals being desirous of forming ourselves into a society under the Societies Registration Act 1860 have actually subscribed our names to this memorandum. Such declaration should be signed by the 7 or more persons associated with the society and it should be dated. Preparing of Rules and Laws The guidelines and policies of the society are framed to assist the members of the governing body or the persons entrusted with the management of the society to regulate the functions of the society and for its internal management.

    society registration

    ReplyDelete
  49. operating out when you want try the best products now and stop this. With a title along the lines of Burn up The Fat Nourish the Muscle, it is no surprise this eBook is as well-known as it is. When you develop the muscle and get rid of fat at one time,.
    http://manbody-building.com/

    ReplyDelete
  50. That's what makes you the best. You should keep publishing more articles and you will Such Become One of the best writers ever
    San Jose Towing Service

    ReplyDelete
  51. We keep up with the latest techniques of building and have qualified tradesmen to ensure that your job/project is carried out safely. We also make sure that we keep to the highest standards on projects and everyone who works for us is health & safety trained.
    San Jose Towing Service

    ReplyDelete
  52. I want you to thank for your time of this wonderful read!!! I definately enjoy every little bit of it and I have you bookmarked to check out new stuff of your blog a must read blog!
    San Jose Movers Companies

    ReplyDelete
  53. Wonderful blog post. This is absolute magic from you! I have never seen a more wonderful post than this one. You've really made my day today with this. I hope you keep this up!
    abs after 40 review

    ReplyDelete
  54. Your work here on this blog has been top notch from day 1. You've been continously providing amazing articles for us all to read and I just hope that you keep it going on in the future as well. Cheers!
    UFC 197 Live stream
    UFC 197 Live stream free
    game of thrones season 6 live stream
    game of thrones season 6

    ReplyDelete
  55. Many thanks for the exciting blog posting! Simply put your blog post to my favorite blog list and will look forward for additional updates. Simply wanted to write down a word in order to say thanks to you for those wonderful tips.
    Free Video Games

    ReplyDelete
  56. Your blogs further more each else volume is so entertaining further serviceable It appoints me befall retreat encore. I will instantly grab your rss feed to stay informed of any updates.
    probiotic america

    ReplyDelete
  57. This comment has been removed by a blog administrator.

    ReplyDelete
  58. I was very impressed by this post, this site has always been pleasant news Thank you very much for such an interesting post, and I meet them more often then I visited this site.
    New Games

    ReplyDelete
  59. Mmm.. good to be here in your article or post, whatever, I think I should also work hard for my own website like I see some good and updated working in your site.
    eCom Success Academy

    ReplyDelete
  60. I think this is an informative post and it is very useful and knowledgeable. therefore, I would like to thank you for the efforts you have made in writing this article.
    dna wealth blueprint

    ReplyDelete