Choosing A Good Financial Recruitment Agency

If you’re looking for a job in banking, or a financial career of any sort you’ll know there’s a lot of competition out there. In 2007 a lot of the big banks have cut back on top recruitment of top level staff, an effect that has filtered down to all steps on the financial career ladder. However there’s still jobs available for the right candidate- whether graduate or trainee- right through to director level specialists and getting on the books of a reputable and specialist banking and financial recruitment agency is the best way to ensure your new or change of career in finance or banking is as successful (and easy) as possible. Below are some pointers on choosing a good agency.

Are they specialists?

Your search for a new job will likely start online and you’ll soon become aware there’s no shortage of job boards and virtual recruitment agencies out there claiming to specialise in all sectors of recruitment- but do they genuinely know the financial sector, and more importantly know about getting the best placements in banks and finance houses in the UK, Europe or Internationally? The first thing to do is talk to an agent- you’ll soon get a feel for what they know and where their priorities lie.

Are they committed to you?

Do you have dedicated recruitment specialist working on your behalf, someone you can pick up the phone and talk to, turn to for advice on interviewing or when it comes to choosing the job that’s right for you? Check whether you will have one point of contact- usually smaller, more specialist agencies will be better for this than the big multi-sector recruiters.

Can they get you a job?

At the end of the day this is what you care about- getting your dream job which will push your banking or financial career forward. You need an agency with access to the top positions at the top banks and financial firms, who can speak directly to their recruitment teams and recommend you for the right positions. A good financial recruitment agency will be able to demonstrate their track record of placing candidates at the top banks, just ask.

Once you’ve got a job offer what do they do?

A good financial recruitment agency will look to line you up with several interviews for jobs you are suitable for. If the agencies have done their job properly they should know the sort of role you are best suited too and so your success rate at the interview stage should be higher than if you are blindly promoting yourself. Hopefully you will have a number of job offers pretty soon- the agency then has the job of negotiating to get you the best employment package from your prospective employers and also advising you on what the vacancy will be best for your career.

Don’t forget, when you’re looking for a new job or change of career in the banking, leasing, asset finance or any financial sector an agency is a great place to start. But also remember the agency works for you, they should value you and your skills and work hard to ensure you get the career you want. If not, show them the door! Good luck in your hunt for a better job in finance.

The Future Of Finance Jobs

In the not so long-gone past, many career advisers were advising young people seeking to start out a career to go into finance. The financial markets were doing well then, finance jobs were in plenty and MBA schools were bursting with young students seeking to build a career in finance. And the finance jobs were, of course, not limited to the financial markets. With a strong economy, finance graduates who couldn’t get jobs in the financial markets and investment banks could quite easily be absorbed into commerce and industry accounting jobs. Other would get middle office finance jobs in the public service, and going was good.
Then the bubble burst.
The economy went into recession mode, the financial markets shrunk and finance graduates who had taken up jobs with investment banks found themselves facing the axe, as the investment banks are the worst affected by turmoil in the financial markets. And as if on cue, companies, in a bid to cut costs, were also cutting on their head counts, thus also shaking the fortunes of the finance graduates who found commerce and industry accounting jobs in the private sector. In the midst of all this, it seems that the only secure finance graduates are those who took up middle office finance jobs in the public sector, but even this is not fear-proof for we do not know for sure what the full effects of the economic turmoil will be on civil service staffing.
So in the face of all this, what is the future of finance jobs?
It might seem counter-intuitive to say, but the future of finance jobs is still bright, in spite of the current turmoil in the financial markets. As it were, economists tell us that the current economic turmoil is largely short-term to medium term, which is to say that it won’t be with us forever. Which means that the people who chose to pursue a career in finance need not regret their choice, as better times are coming. But even before the better times arrive, the people with finance backgrounds who are currently getting laid off might not find themselves in the cold for too long.
As governments unveil the various economic stimulus plans, there will be need for people to manage the money as it goes into various sectors � which translates to some finance jobs. Of course the finance jobs created in this way will be for the best brains in finance.
And then there is the fact that all companies, like human beings, have a native survival instinct, which they are likely to find handy in these hard economic times. One survival strategies for companies in crises is to hire the experts who are likely to navigate them through the particular crises. And since the current crisis is financial, the companies are likely to find themselves hiring financial experts to help them address the economic crisis. Of course, the companies are not likely to be overtly looking for finance experts to help them address the financial crises. What we are likely to see is an increase in commerce and industry accounting jobs, but the accountants so hired are bound to be almost exclusively tasked with cost and revenue management tasks, geared towards helping their employers sail through the turbulent times successfully.
And finally the good times will surely come back again. If the history of the financial markets is anything to go by, we know that all bursts are always followed by booms.

Searching For Entry Level Finance Jobs

After four long years of study, I recently graduated from college with a Bachelor’s degree with a concentration in Finance. I

was very excited that my academic career was finally over, and was even more excited to get started on my working career. The

only problem was that I didn’t have a position lined up yet. I went to a small school, and not many corporate recruiters came

through town to visit campus. So I had to take the initiative and start searching for entry level finance jobs on my own.

With updated copies of my resume in both electronic and print form, I was ready to start applying for as many entry level

finance jobs as I could find. Being a recent grad, I didn’t really have too many requirements as far as working conditions

went. I wanted a good starting salary, a competitive benefits package, and the opportunity for advancement after a few years

of dedicated service. I was even willing to relocate for the right firm and wouldn’t mind frequent travel. I made a decision

at the outset to be flexible because I hoped I would have even more entry level finance jobs open to me that way.

The first leg of my search for entry level finance jobs involved the Internet. I signed up for several big recruitment

websites in order to gain access to their listings of open positions. Whenever I came across an entry level finance job that

sounded like a good fit, I applied immediately by submitting my electronic resume online. I tried to mix things up a bit by

applying for entry level finance jobs at both large and small firms at locations both within and without my immediate

geographic area. I was going for the scattershot approach in the hopes that I would hit something suitable.

But I didn’t stop there. I also decided to register with a couple of employment agencies that specialized in placing their

clients in entry level finance jobs. This option involved a fee both at the time of registration and in the event that I

ended up securing an entry level finance job through the agency. I didn’t mind this part, however, because the employment

agency would be doing all the groundwork for me. If they found a couple of entry level finance jobs for me, I would at least

be guaranteed an interview and would therefore have a much better chance of getting hired than if I simply sent in a resume.

It’s only been about a week since I started searching for entry

level finance jobs but I already have several solid prospects in the works. I have three in-person interviews scheduled

in the next few days, plus a phone interview with an out-of-state firm. With this kind of response rate, I’m confident that

I’ll be able to find an entry level finance job very soon!

Agency Card Credit Debt Settlement

Should I use an agency for credit card debt settlement?

Some people like to deal with their credit card debt all by themselves. However, some people do use credit card debt settlement agency. There can be various reasons for going for a credit card debt settlement agency. Some people use a credit card debt settlement agency because they are not comfortable in dealing with credit card debt settlement by themselves. Some go for a credit card debt settlement agency because they don’t have the time to do the research and evaluate options for credit card debt settlement. Others just want professional advice and hence they contact credit card debt settlement agency.

Whatever be the reason for employing a credit card debt settlement agency, a good credit card debt settlement agency would surely be of help. However, it’s important that you select a good credit card debt settlement agency. Do not fall for ads of credit card debt settlement agencies that promise to wipe off your debt overnight. No credit card debt settlement agency or anyone else can do that. You should select a credit card debt settlement agency which has verifiable credentials or a credit card debt settlement agency that you know has a good reputation. If some friend has been through this process previously, they might be able to recommend a credit card debt settlement agency to you. Sometimes you will find ads that promise impossible things and ask you to call a telephone number that’s a premium line. So beware, or else you might end up paying heavy phone bills that would just add to your debt. Some credit card debt settlement agencies might be having a very low fee but no reputation. These are again the credit card debt settlement agencies that you should avoid. However, once you find a reputable credit card debt settlement agency, do not try to hide debt related information from them, no matter how bad your debt it. That is another reason for looking for a reputable credit card debt settlement agency. If the credit card debt settlement agency is not a reputable one, you would not be able to trust them; and trust is very important here otherwise you will neither be able to tell them the full story and nor follow their advice. That said, it’s important to note that no credit card debt settlement agency will be able to help you if you are not ready to help yourself. So, follow the advice given by credit card debt settlement agency and practice good spending habits.

Finance Jobs To Look Out For In London

Finance jobs in London are on the rise and the hiring and recruitment process is on a high. With a positive outlook of the economy, many jobs have opened up and are available to candidates, offering better prospects for job aspirants. There are signals of the economy improving and doing well this year. Many financial companies including banks; insurance companies etc are on a hiring spree. After a satisfactory first quarter, many recruitment companies are busy advertising for these jobs on behalf of their clients.

London is one of the financial capitals of the world. There are many financial companies and organizations in this city. From banks, insurance companies to mortgage and stock brokers, London is home to many financial companies. As such there are many recruitment agencies specializing in providing human resources to these companies and also many educational institutes to train candidates on finance subjects.

Finance jobs in London are being offered by many organizations like banks, insurance companies to brokerage firms. According to an estimate by a recruitment agency, as many as 2000 new banking jobs have been already added in the year 2013 so far which proves that the economy is on a path of recovery. Though the growth is at a slower rate than expected, there is a sense of optimism in the industry on the outlook of the economy and the financial industry doing well.

To find a job in this lucrative and ever growing sector in a city known to be the heart of financial business of the world, you have many options. There are many recruitment agencies that can help you land an offer or at least help you get an interview with a company. London recruitment agencies, are highly specialized in helping you get an interview or even an offer with a prestigious financial services or products companies. Jobs could range from providing customer support in a financial services company to salesman positions in a financial products company. Like any other job you need to be hard working and determined and also be good with numbers and be polite to your customers to land a job with a financial services company.

Finance jobs in London also encourage many institutes in and around London to train candidates to cater to their growing demand of qualified staff. Many institutes have in co-ordination with the companies are designing courses and curricula keeping pace with the changes in the financial sector, and also provide industrial and corporate training to candidates to give the candidates a real time experience of working for companies and preparing them real time challenges. These institutes provide training and education to job aspirants and students and prepare them for the growing financial industry.

Finance jobs in London continues to be the most sought after jobs and with a positive outlook of the economy the demand for these jobs is growing. Though finance jobs are always in demand, as the need for money and the need to either use it sparingly and wisely at the same time spending enough is always there. Companies now, especially after a serious global recession, are looking for candidates who could foresee the future economic and business opportunities. Companies want people who are pro active and futuristic in their approach. You definitely need a graduation with strong background in business economics and mathematics along with high business acumen. For the right candidate with right attitude finance jobs prove to be the best path to embark on a fulfilling professional and financial journey.

Don’t Be Fooled By The Credit Agencies – Restore Your Credit


In today’s economic climate, a growing number of Americans suffer from negative ratings in their credit file including delinquent payments, judgments, collections, foreclosures and bankruptcies. Not only do these items prevent consumers from obtaining new credit when they need it most, but it impact consumers in areas they never thought of before.

It’s also used to determine your interest rate, the amount of your down payment and the variety of mortgage types available to you if you’re buying a house, your ability to get a car loan, the premium on your auto or homeowner’s insurance, and even your ability to get a job. For example, some insurers are using low credit scores as indicators to identify individuals they believe are more likely to make claims against their insurance policies. If your credit score is on the low side, you’ll pay a higher interest rate on bank loans and credit cards, and may even see your credit limit decreased.


There are three primary credit reporting agencies: TransUnion, Experian, Equifax and they track your credit information separately. These three reports tend to be slightly different and are used to derive the so-called tri-merge credit report.

Credit reporting companies are just that – companies. They are in business to make money, and they generate their income by selling credit reports to creditors. THEY ARE NOT PERFECT AND MAKE MISTAKES THAT CAN SERIOSLY IMPACT YOUR LIFE.


720-850 – the ideal credit score
700-719 – access to favorable financing terms
675-699 – standard FICO credit
620-674 – access to financing with additional terms
560-619 – very limited financing options
500-559 – try to repair your bad credit score as soon as possible

The FICO credit score is computed from 5 different personal financial history (2 primary and 3 secondary) aspects with varying weightage of importance. These are given below:

Loan Repayment History – 35%
Total Owed Amounts – 30%
Loan Repayment Length – 15%
Inquiries or New Credit – 10%
Types of Credit Used – 10%

The two primary credit history details regarding payment history and total owed amounts to more than half of the total percentage. These two are the most crucial determinant of your final FICO score and it is important to pay more attention to them when trying to improve your credit standing.


It is estimated that 80% of credit reports have some type of error, which can knock enough points off your score to cause you to be turned down for a mortgage or charged a higher interest rate.

Negative credit accounts, or trade lines, can remain on your credit report for up to 7 years, and bankruptcies and other public records for up to 10 years. Inquiries on your credit report may remain for 2 years. These are the maximum times that are permitted by federal law for reporting agencies to show negative items; however, these times are not mandatory. At any time, a creditor or credit bureau may remove a derogatory remark from your credit report if the consumer requests an investigation into remarks that they feel are incorrect.


Only the credit bureaus have the power to remove items from your credit report. But, as required by law, the credit bureaus must delete inaccurate, unverifiable, or outdated information. However, innaccurate, erroneous and obsolete information can be removed from your credit file including:

– Late Payments

– Charge Offs

– Foreclosures

– Judgments

– Repossessions

– Identity Theft

– Closed Accounts

– Bankruptcies

– Negative Settlements

– Liens

– Collections

Because your financial health revolves around your credit score, it is important that the information your credit report contains be as accurate and up-to-date as possible. Let my company help you.

Financing For Home Improvements

Financing for home improvements can also be considered housing costs. Housing costs is the term used to describe payments relating to your home improvement, which the financial institutions loan on the basis of your income statement. Not all of your housing costs will be met. Usually you will only be paid a standard rate of interest on mortgages, including second mortgages or other loans, which you are liable for and which were taken out in order to purchase or maintain your home.

You will not get any help with capital repayments or the cost of associated insurance premiums, including the insurance element of an endowment mortgage. If you have an endowment mortgage, it may be worth considering changing to a capital repayment mortgage, but you should seek advice first from one of the agencies. These agencies may also help you negotiate terms with your lender if you are unable to meet any shortfall between the payments due on your loan and the housing costs paid with your benefit.

The current rules on housing costs are far more stringent compared to previous years. However, if you have been claiming income-based finance continuously (apart from breaks up to 12 weeks, which are ignored) since then, your housing costs may be calculated in a different way. This is because of the fact that you may have been entitled to some transitional protection when the previous and more generous scheme was replaced.

The main change is that there is now a far longer waiting period before your full housing costs can be paid. Other significant changes include a standard rate of interest. Interest on arrears of interest, which accrue during the waiting period, or deferred interest accumulating under the terms of a low start mortgage, can no longer be met.

What’s This About Seller Financing?

Seller or owner financing is a good yet rare deal in most real estate markets. This deal essentially means that the seller arranges to fund the mortgages to quickly yield profit from sale of a house. It is a useful tool that enables easy closing of a deal.

This type of financing has similar attributes alike traditional loans. Both parties of the deal must comply with all the specifics of the transaction contract. The contract mainly allows the seller to end the deal in case the buyer does not pay what was asked. This financing is also used to serve as wraparound financing, meaning this is new funding enclosing another existent financing.

This also has two types – full loan for the purchase price and lease to own. The former pertains to a short term agreement where large balloon payment is projected. The latter option maintains a larger down payment. The buyer would lease the home for 2 to 3 years, and the negotiated fraction of the monthly payments would go to the price of the home.

There are many advantages this set up offers. First of all, both the buyer and the seller could easily negotiate on the terms of the deal as there is hardly an involved third party. And once the conditions are all laid out on the bargain table, the purchase deal could easily close. As for the expenses, there are less closing costs too. Since the two parties are the main concerned individuals, there is no need to allocate budget for further agent fees, escrow agent fees and other expenses. However, this financing could only be pursued by a homeowner who has extensive knowledge in the real estate field. Otherwise, both may encounter financial disasters.

Furthermore, here are some benefits for the seller:
1. Repayment schedule could be negotiated upon. Most sellers set the payment plan ranging from 5 to 10 years. At the end of the compensation period, a balloon payment is also demanded. Note that this expense could be shouldered by the buyer or a third party like a lending agency.
2. Despite financing the loan, the owner could gain higher yield because he would actually receive the equity with interest. When a third party lending agency, say, a bank is involved, the profits of the sale would then go to the lender’s pockets.
3. The down payment for properties backed up by this financing is relatively lower. Hence, asking for a higher price is possible.
4. The house could be sold without minding about major repairs. Conventional lenders require the property to be in very good condition before putting on the market. However, the property must still be in livable status.

Obviously, this type of deal mostly benefits the buyer. Below are a few of the advantages:
1. Unlike for traditional loans, qualifying as a buyer for owner-financed homes is easier. There are fewer requirements to become a capable buyer. As repayment plan is usually scheduled within a 5-10 year period, the buyer could budget properly. This span of time enables him to improve his credit score. He could then to qualify for other financial assistance to pay for the seller payment term.
2. In some cases, buyers are given the chance to request appliances and even vehicles to be thrown in the purchase deal.
3. The buyer could also benefit from this type of loan as there is no need to qualify with a loan underwriter.
4. Sometimes private mortgage insurance premiums are not required.

Both parties must ensure that the deal is done with full transparency to prevent occurrence of unfavorable circumstances. For example, the seller must give the property title once the full loan is repaid. On the other hand, the buyer must guarantee he could pay his dues on time. Anyway, in case he defaults on his payments, the home would be repossessed. It is then subjected to be on sale again as the seller wishes so.

All About Seller Financing

Imagine you are just about to buy a real estate property but find yourself in the difficult situation of falling short of the required funds. You are so close but yet so far. Don’t loose heart, seller financing can come to your rescue. Under the seller financing arrangement, the seller of the property provides a loan to the buyer in order to enable him close the sale transaction. The amount of loan provided by the seller would depend upon the need of the buyer. The other names of seller financing include owner financing or purchase-money mortgage. The loan provided by the seller could be as much as the buyer needs but under the normal situations it supplements the home loan availed by the buyer. The aim of seller financing is simple, enable an early closure of the deal so that both the buyer and seller can reap the benefits. In return for the benefits related to seller financing, the buyer and seller are exposed to a few risks related to this financial arrangement. Let us first look at the benefits of an owner financing deal enjoyed by the buyer:

o Enables the buyer and the seller to keep the closing costs under check.
o The buyer has a recourse to a convenient and hassle free method of financing to conclude the deal.
o The buyer of the property may avoid spending on PMI insurance premiums.
o The buyer may seek additional loan from the seller towards furniture, fixtures and accessories contained in the house at the time of purchase. At the same time, seller may also be more than willing to this arrangement.

On the other hand, the advantages enjoyed by the seller include:

o The interest rate charged by the seller on the loan made available to the buyer is at a premium to conventional loans
o The seller usually ends up receiving a premium over the market price of his property.
o The seller does not have to undertake the exercise of home improvement or repairs for the property that he intends to sell.

As far as the shortcomings are concerned, these are as under:

o The seller may not disclose the other encumbrance charged against the property. In such a scenario, the buyer of the property would not have a clear title to the property even after repaying the loan to the seller.
o Higher Foreclosure risk is attached to properties financed by way of seller financing transaction because of higher interest cost and incomplete credit appraisal by the buyer.
o Under a seller financing option, it is very usual for the buyer to be paying a higher price for the property compared to the market price because the buyer usually does not engage the services of a home inspection agency to assess the fair value of the property.

A Seller financing transaction can be a win-win situation for both the buyer as well as the seller but like all financial transactions, both the parties have to do their due diligence before signing on the dotted line.

A Few Ways To Lower Your Car Insurance Premiums

Insuring a vehicle means paying monthly premiums, and these can eat into your disposable income. Affordable car insurance can be obtained, if you know how to secure the lowest premiums. There are many different types of cover, and many competing agencies offer plans. Comparing quotes is a good idea, as this will give you an idea of the average cost of complete cover.

One way to ensure lower premiums is to develop good driving habits – the more accidents you have been involved in, the higher your monthly fees will become. Insurance agencies calculate drivers’ risk profiles to determine their fees, thus you will want to keep your risk profile as low as possible. It may be useful to take a certified defensive driving course prior to applying for auto insurance. Whether possession of a driving course certificate nets you lower premiums or not, defensive driving skills make accidents less likely.

There are many extras that can be added to most plans, but each addition will raise your premiums. For roadside assistance, for example, you might need to pay extra. Read through policies and individual benefits carefully so that you can decide which optional services you can do without. With a flexible plan, you can always add the extras you have not opted in for at a later date.

If you live in an area where crime is high, your premiums are likely to be higher than if you lived in a safer area. There are steps you can take to counteract this effect, however. Installing an alarm system, for example, will reduce your risk profile. When opening a new plan, it is wise to discuss your options with consultants. When in doubt, inquire whether there are any discounts available and find out what actions you need to take (if any), to become eligible.

It is likely that you will be given a better auto insurance quote if you insure your vehicle for a single driver. If a vehicle is driven by others who are under a certain age, the higher risk of accidents will translate into higher premiums.

The ‘excess’ is the agreed amount that a vehicle owner is expected to pay when claiming money for repairs. Premiums can be lowered substantially by choosing a higher ‘voluntary excess’. Should you choose a higher excess to lower your monthly fees, this does mean that repairs arising out of an accident will cost you more. Even so, in many instances it is possible to extract the excess from the auto insurance providers of the other party, if the other party caused the collision.

Some companies take drivers’ credit records into account when calculating premiums. A driver who has a poor credit record might be considered more reckless (and thus a higher liability). It is thus worth taking steps to improve your credit rating if you are planning to take out a new policy.

Whether you desire financial protection against medical expenses arising out of road accidents or you want to insure your car against damage or theft, comparing quotes and taking necessary steps to reduce your risk profile will ensure manageable premiums.