In the finance industry impact starts with hiring the right person
In the finance industry , hiring isn’t just an HR function. It’s a revenue, risk, and resilience strategy.
Every talent decision has a measurable impact on business performance. Yet, as application volume surges, skill requirements shift, and compliance demands grow more complex, traditional hiring methods fall short.
That’s where Hirevue steps in. You need to make sure you are hiring the the right people with the right skills to succeed. By combining science-backed assessments with AI-driven efficiency, Hirevue empowers financial services organizations to hire faster, smarter, and with clear, quantifiable results.
The talent reality: high volume, high stakes, high complexity
Financial institutions face an unprecedented hiring landscape:
- 182% increase in application volume per role
- 73% of employers struggle to find skilled talent
- 25% of TA leaders say finding the right skills is a top 2025 challenge
- 60+ day average time-to-hire in financial services
Meanwhile, the industry continues to transform. Compliance requirements tighten. Productivity expectations skyrocket. Client experience becomes a differentiator. And the demand for hybrid talent, financial expertise blended with digital and analytical fluency, keeps rising.
In this environment, hiring must drive measurable impact. Poor hiring decisions are too costly to ignore. The U.S. Department of Labor estimates a bad hire costs 30% of first-year earnings, with some estimates reaching $850,000 per employee.
Financial institutions can’t afford guesswork. They need precision.
Current trends and challenges in finance hiring
The landscape of finance hiring is evolving rapidly, shaped by new technologies, shifting candidate expectations, and intensifying competition for top talent. Financial institutions are navigating a series of disruptive trends and emerging challenges that demand a strategic, future-focused approach to talent acquisition.
Skills-based hiring takes center stage
Traditional hiring models that prioritize pedigree and years of experience are being replaced by skills-based approaches. Financial organizations increasingly seek candidates who demonstrate adaptability, data fluency, and the ability to leverage technology, not just those with the “right” degree or background. This shift is essential as automation, AI, and advanced analytics become integral to finance operations.
Technology and AI
The adoption of AI and automation is transforming both the finance function and the hiring process itself. Finance teams are expected to be proficient with digital tools, from predictive analytics platforms to AI-powered risk modeling. At the same time, talent acquisition teams are leveraging AI-driven assessments, automated screening, and data-driven insights to identify and engage high-potential candidates faster and more objectively.
However, this technological transformation also widens the skills gap. The demand for tech-savvy finance professionals far exceeds supply, intensifying the competition for talent and requiring ongoing investment in upskilling and reskilling.
And in an increasingly competitive job market, where AI is simultaneously reshaping hiring processes and the type of roles available, companies need to balance cheating prevention with maintaining an exceptional candidate experience.
Hirevue mitigates cheating through a combination of transparency, smart design, and innovative technology. Features like candidate image capture (takes snapshots of candidates during interviews to confirm identity and flag suspicious activities), browser focus tracking, and customizable disclosure agreements help verify identity and discourage dishonest behavior, while regular question refreshes and “positive friction” in the interview process further reduce opportunities to cheat.
At the same time, Hirevue prioritizes a clear, supportive candidate experience—addressing uncertainty, setting expectations, and using AI to create a more personalized and confidence-building hiring journey.
Talent shortages and evolving skill requirements
A persistent shortage of qualified candidates remains a major challenge. As regulatory requirements grow and job roles become more complex, financial organizations must look beyond traditional talent pools and invest in developing the next generation of finance professionals.
The pressure to adapt
The pace of change in finance hiring shows no signs of slowing. Institutions that cling to outdated practices risk falling behind, while those that embrace innovation, like skills-based hiring and AI-powered processes, position themselves to attract, hire, and retain the talent needed to thrive in a dynamic industry.
The impact of economic and regulatory shifts on finance hiring
Economic uncertainty and evolving regulatory frameworks are reshaping finance hiring priorities. As markets fluctuate and new compliance standards emerge, like ESG requirements, finance organizations must quickly adapt their talent strategies. This means not only seeking professionals with up-to-date regulatory expertise but also those who can navigate ambiguity and drive compliance in a rapidly changing environment.
Organizations are experiencing increased demand for risk management and compliance specialists, and many are investing in ongoing training to keep teams current with the latest laws and reporting standards. The ability to adapt to regulatory change is now a core competency for both candidates and hiring teams.
Generational shifts and changing candidate expectations
The finance workforce is experiencing a generational transition, with experienced professionals retiring and younger generations entering the industry with different values and expectations. Gen Z candidates prioritize meaningful work, flexibility, and opportunities for growth over traditional incentives.
- 53% of Gen Z candidates will reject a job with different values than their own
- 83% of your Gen Z candidates will consider your company’s social responsibility when choosing where to work.
To stay competitive, financial institutions must adjust their employer value proposition, highlighting purpose-driven work, career development, and a commitment to social responsibility. Creating a culture that appeals across generations is essential for attracting and retaining top talent.
Emerging roles and future skill demands in finance
The digital transformation of financial services is giving rise to entirely new roles—such as financial data scientists, blockchain analysts, and AI governance specialists. As the industry continues to innovate, the most in-demand skills are shifting toward data analytics, cybersecurity, and digital product management.
Forward-thinking organizations are mapping future skill needs, investing in upskilling initiatives, and partnering with educational institutions to build pipelines for emerging roles. Staying ahead of these trends is crucial for long-term competitiveness.
Science-led hiring: the foundation of measurable impact
Hirevue gives financial organizations a talent advantage rooted in validated science, predictive assessments, and real-time insights. Instead of relying on résumés, which are one-dimensional, Hirevue uncovers the underlying skills that actually drive performance and retention.
What measurable impact looks like:
- Better hiring quality: Identify candidates with the competencies proven to excel in compliance-heavy, customer-facing, or digital-first roles.
- Reduced turnover: By hiring for skills and fit, organizations keep top performers longer.
- Stronger performance: Customers have seen 58–73% higher sales performance from top assessment scorers.
- Revenue uplift: Hiring 10 top-scoring candidates vs. 10 low-scoring ones drove $1.78M in additional annual sales.
This isn’t just better hiring.
It’s quantifiable business impact.
AI-driven efficiency that doesn’t compromise quality
Facing massive applicant volumes, financial services teams simply can’t evaluate every candidate manually. But they also can’t cut corners.
Hirevue helps teams maintain both speed and depth by:
• Streamlining screening
The Talent Engagement Agent uses natural, conversational interactions to uncover candidates’ strengths and match them to roles where they’re most likely to succeed. Candidates feel seen. Recruiters gain immediate clarity.
• Delivering structured, consistent interviews
Intelligent interviewing with Interview Insights combines structured questions, real-time AI support, and shareable recordings to elevate hiring decisions and eliminate bias-prone variability.
• Validating job-ready skills at scale
Hirevue Game-Based Assessments, the Virtual Job Tryout®, technical assessments, and Language Proficiency Tests ensure that the candidates who progress are the ones who can actually do the work both today and tomorrow.
• Boosting productivity across talent teams
According to the Hirevue Global AI Report, teams using AI in hiring see:
- 63% greater productivity
- 55% fewer manual tasks
- 52% faster process turnaround
Financial institutions aren’t just filling roles faster. They’re making smarter decisions with fewer resources.
Customer proof: measurable impact in action
Great Southern Bank
Faced with a 60% decline in applicants and overwhelming hiring volume, Great Southern Bank turned to Hirevue.
Results:
- 17 days removed from time-to-hire
- 2x more hires YoY
- 60% reduction in screening time
- 87% candidate satisfaction
- 38% of assessments done outside business hours
Quality improved. Speed improved. Candidate experience improved. All measurable. All repeatable.
Read the full case study here.
Mitsubishi UFJ Trust & Banking Corporation
Needing to evaluate thousands of new grads fairly and efficiently, MUTB leveraged Hirevue assessments to uncover hidden potential.
Results:
- 61% more interviews conducted
- 19% wider university reach
- 58.4 Candidate NPS
- 82.4% CSAT
They replaced manual review with science-led evaluation—reducing bias, improving efficiency, and surfacing high-potential talent at scale.
Read the full case study here.
Elevating candidate experience while delivering business ROI
Today’s candidates, especially Gen Z, expect more:
- 53% will reject a job misaligned with their values
- 83% consider corporate social responsibility
- They expect transparent, fair, digital-first hiring
Hirevue helps financial institutions offer a candidate journey that is modern, inclusive, and human:
- Talent Engagement Agent presents best-fit roles
- Candidate applies and prescreens via text
- On-demand interview + assessments
- Self-scheduled live interview
- Offer
A seamless experience that strengthens brand perception and directly improves CSAT, NPS, and retention.
Hiring well isn’t just good optics. It’s measurable business impact.
Why measurable impact matters for financial services
Financial institutions are under immense pressure to:
- Increase productivity
- Improve client satisfaction
- Strengthen operational resilience
- Reduce risk
- Build adaptable, future-focused teams
You can’t achieve any of those goals if you can’t hire effectively.
Hirevue brings together predictive science and practical efficiency to ensure every hire strengthens the business not strains it.
Hire smarter. Drive growth. Build the future of financial hiring.
Financial institutions embracing science-led, AI-powered hiring are already seeing measurable gains, like faster time-to-hire, higher-performing talent, reduced attrition, stronger customer loyalty, and millions in added profitability.
Now is the moment to align your hiring strategy with the measurable impact your business demands.
Ready to see how Hirevue can transform your financial services hiring? Let’s talk.
