Hiring junior bankers is a battle against AI-written resumes

For junior bankers using AI to help draft their resumes: Recruitment firms are on to you.Words like “robust” and “meticulous” are telltale signs that banking hopefuls have enlisted AI to polish up their resumes, according to Wall Street executive search firms. Other giveaways are overused phrases like “ever-evolving,” or when candidates say they played “a significant role shaping” something, recruiters say.Like many job applicants, young bankers are increasingly using AI tools like ChatGPT to draft their resumes. But it becomes an issue for recruiters when they don’t properly proofread their applications and errors creep in. This raises red flags for their potential investment banking employers who prize attention to detail, accuracy and seek applicants who don’t take short cuts. “If this person didn’t bother to take the time to build a resume, why would I take the time reviewing it and interviewing them,” said Brianne Sterling, head of investment banking recruitment at Selby Jennings. “A lot of what these bankers are doing in their first jobs is putting together financial models and presentations for clients. It’s probably an immediate red flag for employers if they see a resume with errors in it or looks generic.”One error she’s noted cropping up in junior resumes is when candidates say they’ve had experience in a bank’s “industrial group.” The team that advises companies in industries like manufacturing and transportation is typically called the “industrials group,”... Continue reading at 'Crains New York'

[ Crains New York | 2025-02-26 20:43:18 UTC ]

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