Verified Document

Jobs The Position Of Financial Analyst Requires Essay

Jobs The position of Financial Analyst requires both specific training and many personal skills as well. For example, trust-building is one of the most important attributes of the job so there is a requirement for a very high level of interpersonal skills. Furthermore, substantial technical training is required. A bachelor's degree is almost always required, and often an advanced degree like an MBA comes in handy for marketing. In addition, there are various field-related qualifications that need to be obtained in order to be licensed as a financial advisor. These might vary from state to state, but securities licenses and insurance licenses are almost always a requirement for this position, in addition to the formal education (U.S. News, 2013).

In an interview setting, it should be fairly easy to check the credentials of the person being interviewed, by asking some technical questions or engaging in technical discussion. Doing this will reveal if they are familiar with the terminology and basic material associated with the financial planning licensing procedures. Their specific credentials can easily be verified by contacting their schools and the professional association that handles licensing.

The more difficult thing to ascertain in an interview is...

Interviews are critical to this part of the selection process. The length and style of the interview can and should be tailored to the organization and the requirements of the position (ACAS, 2013).
Morgeson, Reider and Campion (2005) note that finding the right fit is important, so the interview process is critical. For example, a financial advisor often interviews the clients. Thus, if the person being interviewed for the financial advisor position demonstrates a lack of confidence or salesmanship, then that person is not likely going to succeed as a financial advisor. It is imperative that somebody whose success on the job revolves around convincing people to send their money to him or her should be able to convince the human resources manager to similarly make an investment in his or her abilities. Thus, for a position like this, the interview process is a direct test of one of the job's most compelling skills. Indeed, the financial advisor talking to prospective clients is looking to be hired by them to manage their finances, so the skill is identical.

Further, other aspects of the interview should be taken into consideration. Listening skills…

Sources used in this document:
References

ACAS. (2013). Selecting the best candidate. ACAS. Retrieved November 22, 2013 from http://www.acas.org.uk/index.aspx?articleid=751

Morgeson, F., Reider, M. & Campion, M. (2005). Selecting individuals in team settings: the importance of social skills, personality characteristics, and teamwork knowledge. Personnel Psychology. Vol. 58 (2005) 583-611.

US News. (2013). Best business jobs. U.S. News & World Report Retrieved November 22, 2013 from http://money.usnews.com/careers/best-jobs/rankings/best-business-jobs
Cite this Document:
Copy Bibliography Citation

Related Documents

Financial Analyst I Feel That
Words: 1434 Length: 5 Document Type: Research Paper

The median wage for financial analysts was $73,150 excluding bonuses. The bottom ten percent in the profession earn less than $43,400 and the top ten percent earn over $141,070. Annual bonuses are very common in the industry and can account for a substantial portion of the total earnings (OOH, 2010). Benefit packages are typically very strong for financial analysts. Specific information for Miami-Dade County is unobtainable, but the city

Financial Analysis of Bestwish Limited Company Overview
Words: 4573 Length: 13 Document Type: Essay

Financial Analysis of Bestwish Limited Company Overview Bestwish Limited produces extensive range of quality products such as gift dressing, greetings cards, and plush merchandise of more than 50,000 stocks. The production of different categories of products involve between 2 and 15 processes. The company produces standardized products and custom designed products ordered from customers on contract basis. However, Bestwish Limited is facing challenges to control the costs because of varying production process,

Financial Managers & Compliance Managers
Words: 3241 Length: 10 Document Type: Research Paper

Despite this fundamental difference, financial and compliance managers work together as healthcare organizations make decisions to lower cost, increase revenue, and improve care. The concept of lowering cost while improving care presents a complex demand, and requires both financial and compliance officers to possess fundamental management knowledge, and similar professional skills in order to implement accounting and ethical standards (Buelow, et al. 2010). For example, a legal requirement or

Financial Ratio Analysis
Words: 2111 Length: 8 Document Type: Term Paper

Financial Ratio Analysis for Xerox Xerox Corporation is company in the field of technology and services, which is currently developing, manufacturing, marketing, and financing a whole range of document equipment, software, integrated solutions and services. They have a global network, with branches in more than 130 countries all over the world. In America, its products are distributed through divisions, subsidiaries and third-party distributors. In the rest of the world (Europe, Africa,

Financial Analyst Interview Questions
Words: 889 Length: 3 Document Type: Interview

Pre-Interview QuestionsTell me about your work experience as it relates to this position?In my most recent role at HNTB Corporation, I�ve maintained a number of responsibilities that align closely with the Project Accountant role at WSP. I\\\'ve performed detailed financial analyses, focusing on key performance indicators like budget adherence, earnings variances, and cash flow. One of my notable achievements was developing a plan to resolve Delinquent Billing & AR balances

Jobs Are Paid More or Less Is
Words: 580 Length: 2 Document Type: Essay

jobs are paid more or less? Is this what you would expect? Why or why not? What factors could explain the difference in salaries? As would be suspected, the Director of Human Resources job paid the most with a median salary level of $140,750. All comparisons in this analysis are based on the U.S. national averages. The lowest-paid position was Financial Analyst I, which has a salary of $49, 350.

Sign Up for Unlimited Study Help

Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.

Get Started Now