โTaking the time to find the right people for the job role you are advertising offers a raft of benefits for your business.
Finding the right candidate will not only improve your company culture, performance, and profits, but it will also boost team morale, introduce new and exciting perspectives, improve productivity, and add a new dimension to your business landscape.
Taking the time to make the right hires and carefully planning your recruitment strategy is one of your companyโs best investments.
This blog will highlight the importance of hiring the right quant developer for your business and how to access the right people for the job.
Finding the Right People
Traditionally, your company's values and reputation would attract talent to your business, but to find and hire top industry developers and to keep ahead of your competitors, having an active presence within the developer community is key.
As part of the process, youโll need to post a clear, concise, and inspiring job description, take time out to screen resumes, identify who you want to interview, conduct interviews, test candidates' skills, and check job references, all before making a job offer.
Testing Prospective Candidates
Pre-employment tests are an excellent way of gathering important data and optimizing candidate insights. Testing prospective candidates in interviews or take-home tests will allow you to determine whether or not the prospective candidate has the necessary skills, knowledge and expertise to fulfill all job requirements.
Find out the battle for quant talent in crypto here.
Ask Quant Developers In-depth Questions
A job interview is a core part of the hiring process, allowing you to gain first-hand insight into whether the candidate will be a good fit for your business.
The interview stage of the process will also help you to determine their proficiency in various hard and soft skills. Before an interview, itโs good practice to take the time to prepare a set of questions to ask candidates during the interview. The questions should aim to get the most out of the candidate and most importantly, determine whether they are right for the role.
Common questions used include:
Can you tell me about your quantitative experience?
What motivated you to pursue a career in quantitative development?
What is your favorite part of the job?
What are the most important skills for a successful quantitative developer?
What are your career aspirations?
What is the most challenging part of the job?
Do you have any experience with coding languages?
Could you explain what delta hedging is?
Give Candidates a Take-Home Project
Take-home projects are independent coding exercises with optional automated test case scoring. You can then send the link to potential candidates for them to complete outside of the interview setting, in their own time.
One of the main reasons why these are so popular is that they challenge candidates to solve everyday work-related problems, unique to the business landscape they are applying to work in. This allows the business to see first-hand how a candidate will perform using real-world examples.
Making the Best Hires
The cost of a bad hire can have a detrimental impact on all areas of your business landscape, therefore, itโs vital that you invest both time and resources into optimizing the hiring process.
Weโve rounded up some of our top tips for making the best hires:
Always utilize skills-based hiring
Ensure that you always limit manager bias
Always be crystal clear about the roleโs expectations and needs
Focus on identifying the best-suited candidates
Write an inclusive and fair job description
Also, explore five hiring strategies funds should use to lure quant talent here.
Why Choose Us?
Selby Jennings is an established Financial Sciences and Services talent partner. We identify, source, and deliver business-critical talent to the most innovative companies across the US, Europe and APAC.
Providing permanent, contract, multi-hire talent solutions from our offices all over the world, we support the worldโs largest financial institutions to revolutionary fintech start-ups with all their hiring needs, across Investment Banking, Risk Management, Quantitative Trading, and Insurance, to Investment Management, Sales & Trading, Technology, and Wealth Management.
Building the right team is rarely easy. It takes time, dedication, and expertise. Through nearly 20 years of experience as the talent partner of choice in financial sciences and services, we have developed relationships with the brightest and boldest minds in banking and financial institutions. Creating a vast, global network of the best, in-demand professionals, we deliver this talent to leading, innovative organizations around the world.
Our award-winning talent specialists offer bespoke, tailored guidance on the latest hiring trends and industry news, helping businesses and professionals to gain the competitive edge needed to succeed in the ever-changing financial landscape.
Get in Touch Now
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