Even though it is the smallest of all the States in America, Rhode Island’s economy is very strong and capable of supporting a population of over a million people. The state has diversified in various industries which range between tourism and manufacturing, with its healthcare sector taking the lead as the industry that is doing the best in the state.
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Its financial services sector comes number four in the list, though it is a leading sector in the state considering that Providence City is the financial centre for all of New England. There are numerous banks and insurance companies that have their headquarters in the state. This means that financial services jobs are expected to grow in order to lower the unemployment rate, which is currently at 4.5%. Rhode Island financial services recruiters are key to ensuring that employers benefit from the most qualified individuals to grow their companies.
Main Players in the Sector
Financial services companies in Rhode Island are plentiful and offer jobs to thousands of qualified job seekers within the state. Some of these are Stateline Insurance and Financial Services Inc., Coastline Trust Company, Premier Investment Solutions, HomeBridge Financial Services, Inc., Media Capital Solutions and Citizens Financial Group.
Jobs in the Financial Sector
Rhode Island financial services headhunters are able to connect employers with staff that are determined to meet and advance the goals of the business. Some of the positions that are regularly filled in by recruiters include: –
- Financial Analysts
- Bank Tellers
- Corporate Financial Advisors
- Loan Officers
- Public Accountants
- Insurance Agents
- Bankers
- Investment Advisors
- Financial Managers
- Financial Planners
Expected salary
The financial services sector is one of the best paying sectors of economy in Rhode Island. Finance managers can earn an average salary of $72, 563 or more depending on the employer and their length of experience. Finance advisors on the other hand can earn about $47, 380 per year on average. A senior bank branch manager in the state earns about $161, 110 on average per year while a junior bank branch manager earns about $99, 640 per year. There is also the opportunity to earn more through bonuses after meeting and surpassing the goals of their employers.
Recruitment Processes
Financial services recruiting in Rhode Island follow a rigorous process when recruiting staff for leading employers. When these employers are seeking highly professional and progressive individuals, headhunting services that identify promising people are carried out, and these people are approached and informed of the new opportunity. The recruiter will carry out interviews and go through a thorough vetting process to ensure that positioning is win win for the individual as well as the company that is taking them up.
For entry level positions, recruiters will find the best candidates from educational institutions and place them in jobs that are in line with their career paths. This way, they are motivated to work hard, meet their goals and grow the company.
Financial services recruiting Rhode Island is best done with a professional search firm that understands the specific needs of an employer.
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Looking for a recruiter to help you source new talent? With thousands of executive recruiters, search firms and headhunters, it's hard to know where to start. Recruiters LineUp makes it easier than ever: • Choose among top-rated recruiting firms, headhunters or search firms • Search by industry, location or any other criteria • Get relevant results only • Enjoy personal guidance from our consultants