Case Study of a FOREX Sector Executive
Recently a young executive sought an appointment with me for Career Advice. When we met, I found him to be a very smart, well educated and confident person. To let you visualize a better picture of him in your mind, I’d like to share that he is MBA from a good business school and has about 5 – 6 years of experience in BFSI segment (short form of Banking, Financial Services and Insurance). Last 2 years, he is in the Foreign Exchange Department (FOREX) of an international organisation.
The Job Change Exercise
He thought that his learning has stopped and it might hamper his career growth within the organisation. Therefore, he decided to look out of lucrative job opportunities – preferably in the FOREX Trading (Foreign Exchange) otherwise in the larger domain of Banking, Financial Services and Insurance sector.
However, it has been more than 3 months when he submitted his CV on the well known job portals and job sites but he has not been getting any relevant response – neither from the recruitment consultants nor from the potential employers in the FOREX sector.
Reasons Why your Resume is not getting shortlisted at Job Portals
I asked him that what has been his job hunting strategy. To which his answer was that being a busy FOREX professional, he has only posted his resume on the job sites. Thus he is totally dependent on his profile being noticed at these job portals so that he can get suitable and quality response. Secondly, he was quite confident of good job opportunities in the FOREX sector and he considered himself to be quite suited for a middle level opportunity, thanks to the excellent combination of the experience, skill sets and qualifications he has.
So far everything looked fine, until he was asked to show his submission style at the job portals. The way he had posted his CV and filled in the information clearly showed that why he was not getting the attention of the recruiters.
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For the benefit of everyone interested in getting good and relevant response, here are a few highly useful tips and easy to follow suggestions.
1. Use the Right Keywords
The portals provide the search facility, whereby the recruiters can fill in the important key words, set the filters (of wanted as well as not wanted), define the range (such as age or salary or the number of years of experience). After defining the parameters when the person who is conducting the search, hits the search button, the algorithm throws up a number of CVs of the candidates whose particulars match with the specifications given.
Let us take the case of our friend. He did mention his job profile but failed to put any where the key words FOREX, Foreign Exchange, Banking, Finance, Insurance and BFSI etc.
It is, therefore, obvious that if the right key words are missing from the information filled in by the candidate then his resume will not come up.
2. Complicated Formatting
Quite often it has been observed that the softwares of the job portals are not able to understand overly formatted CV – especially if you doing a copy and paste job. Normally the boxes, borders, graphics, tables and such commands get distorted or garbled when the CV is reproduced for reading by the job portal’s IT system.
Therefore, double check your resume’s final reproduction and use simple forms, texts and basic commands only.
3. Not filling in the information properly or completely
The registration cum information form is so designed that it systematically asks you about your job related particulars and captures them in such a way that the information becomes search engine friendly. Also it enables the recruiter to quickly find the relevant fields under the proper headings and so that he can go through the details to check your suitability for the job advertised.
Continuing with the example of the FOREX specialist, he has to put:
- Under the heading Qualifications: MBA with details
- Under the heading Special Skills: FOREX Trading, Currency Trading, Online Forex, Foreign Exchange Transaction, Currency Fluctuations, Currency Buying and Selling etc.
- Similarly under the heading Special Training: he may put Forex Training Course, Forex brokers Certificate etc.
In simple words, don’t mix up the information and don’t leave any column or field blank. If you have the information then share it.
4. Capital Letters, Wrong Spelling, Grammar and Punctuation
It may look too trivial to affect the prospects of your CV from coming up during the searches. But imagine the stress on the eyes as well as the mind of the reader if the whole CV is in CAPITAL LETTERS. Similarly a bad spelling grammar can put off the reader whereas wrong punctuation or no punctuation in a long sentence can confuse the recruiter.
Of course, it not just the humans but also the robot will not be able to read the keywords if there are spelling mistakes.
5. Incorrect contact details
You may not believe it, but there is a good percentage of candidates registered on the job sites who have either inadvertently put wrong e-mail address or telephone number or incomplete address.
Second reason could be that the person has changed his contact details but has not bothered to update on his profile.
For example, if the correct e mail id is forex _ sunny @ gmail.com but it might have been entered as forexsunny @ gmail.com.
Also don’t forget to check you inbox as well as spam box for responses and do it regularly.
6. Not following the directions
This may sound bitter but don’t create your own rules while submitting your particulars on the sites.
Be sure to read the instructions very carefully and not ignore even a smallest instruction or rule.
The bottom line
The portals are not human. They follow certain programme. Hence don’t be creative or ‘think’ that your CV will be ‘understood automatically’.
The recruitment consultants and company recruiters have to sift through hundred of CVs and they are more likely to use keyword search on the data-bank to shortlist resumes – so ensure that your resume and filling in process has taken care of all the points mentioned above. This will help your CV appear in the early search listing.
Happy job hunting!
Other articles on the related subject
- Reasons Why You should get a Professional Resume Writer
- Why your Resume is not getting shortlisted at Job Portals
- Qualities of Good CV Maker