The key challenges for this sector include :

• Longer time to recruit the ideal candidates
• Higher employee attrition rates
• Higher costs of training and development
• Lower employee productivity

SourceMind has helped clients in this industry to address the key challenge.

SourceMind has access to global resources that are working in Banking, Financial Services and Insurance industry. For finding the right people we do not restrict our search to resumes online, we have established various networks that give us access to the people at the right levels and with the right skills. We believe that there has been recent movement of people with highly specialized skills in the BFSI industry across the boundaries. Despite this movement, we have been tracking the middle to top level managers through our networks.

At SourceMind, we understand specific skill requirement in this industry. Customer interaction, acquisition and retention are some of the most important areas of commercial banking. People with the right combination of technical, communication, presentation, customer management and analytical skills are highly successful in this industry.

Some of the key areas where our customers have been seeking our help in providing human resource support are:

• HR Planning and Budgeting
• Manpower Recruitment
• Retention Strategy
• HR Growth and Development

We understand that any HR solutions in this industry require deep understanding of the business domain, organizational values and culture as well as the challenges of growth and development as well as attrition. Having people with skills in the commercial banking industry, SourceMind has been highly successful in delivering value to our customers.

We have deeply analyzed the HR challenges faced by businesses in the areas of Fixed Income Management, Mutual Funds, Securities, Underwriting, Mortgages, Equity/ Bonds Research and Brokerage houses.SourceMind has created industry leading solutions in Human Resource Outsourcing (HRO) and Recruitment Process Outsourcing (RPO) Services for Investment Banks.

Our experience in Human Resource Help Desk for Investment Banks can empower clients to focus on their core business activities. Our skilled people understand the dynamics of the business environment that helps them to identify the right people required for the specific positions. Based on our understanding of the customer requirements, we have been able to provide the right HR services in most efficient manner. Our time tested methodology connects the business aspects with the HR solutions to provide the most focused solutions in a timely manner.

We provide Human Resource and Recruitment Process Outsourcing solutions that are customized for insurers across different segments in Insurance - Life, Health and P&C insurers. Our solutions have helped clients to consistently achieve strong employee satisfaction results and produce positive improvements in productivity, recruitment and retention.

One of the greatest opportunities for insurers to improve productivity and innovation lies in the speed and cost of growing and developing the right set of skills through structured training programs that SourceMind offers. The HR solutions in this industry are customized to the specific needs of the clients. Whether the Human Resource or Recruitment solutions are required in Sales and Marketing, Underwriting, Policy Issuance, Application Processing or Claims processing, SourceMind can be your best partner of choice. Our methodology captures understanding of the business challenges that are most relevant to the overall growth objectives of your organization.