Wells Fargo Testimonial


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Placed top caliber producers which required a specific skill set.

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Wells Fargo Testimonial

  1. 1. Banking/Finance Company Profile “We used CareerBuilder to assist us in Wells Fargo & Company is a diversified financial services company providing banking, insurance, investments, mortgage and consumer and sourcing candidates in a particular commercial finance through more than 10,000 stores and 12,000 ATMs and the Internet (Wellsfargo.com and Wachovia.com) across North America and internationally. market who possessed a combination of specific language skills and securities Headquartered in San Francisco, but decentralized so every local Wells Fargo store is a headquarters for satisfying all customers’ financial needs industry licensing. We needed to hire a and helping them succeed financially, one in three households in America does business with Wells Fargo. Wells Fargo has $1.2 trillion in assets and more than 278,000 team members across 80+ businesses. significant number of people within a short time frame. CareerBuilder hit the Wells Fargo ranked fourth in assets and third in market value of stock among U.S. peers as of March 31, 2010. The company vision: We want to ground running and quickly delivered satisfy all our customers’ financial needs, help them succeed financially, be the premier provider of financial services in every one of our markets, and be known as one of America’s great companies. qualified candidates to us.” Company Situation - Wendy Schaeferle In order to consolidate offices, the Wealth, Brokerage and Retirement Services division decided to close offices in South America, and to bring in Talent Acquisition Sr. Team Leader Financial Advisors from these offices to a new office to be opened in Miami. Adiel Araujo, Sr. Recruiter, was given a goal of hiring 15 Registered Sr. VP Brokerage Associates, and five non-licensed client associates. The challenge was that the 15 Registered Brokerage Associates needed to have both a Series 7 license, as well as needed to be fluent in either Spanish or Portuguese. “I have never needed so many qualified candidates in such a short amount of time,” Araujo said. Araujo knew that based on the very short timeframe that he needed to make these hires, as well as the unique skill set required, he would need help finding and screening the right candidates. CareerBuilder Solutions “Engaging with CareerBuilder and the Through discussing Wells Fargo’s immediate need for high quality candidates with a specific skill set and license, CareerBuilder recommended Source & Screen – which is a process that uses CareerBuilder’s data intelligence to use the most relevant recruitment media mix to promote the Source & Screen service was one of the specific position. Once the job seekers arrive, a dedicated project manager will screen the applicants based on predetermined criteria to deliver best things we could have done. It’s a only the most qualified candidates. CareerBuilder delivered 45 candidates that met the predetermined requirements for the position, and Wells huge deal for our Financial Advisors to Fargo interviewed 22 of those. According to Araujo, approximately 80 percent of the candidates delivered were exactly matching the job come in and have support staff already requirements. there for them. If they’re coming from “When I saw the candidate flow, I said ‘Hey, this is going to be ok.’ I would definitely recommend this to someone else” Now two months after the elsewhere, they need someone there to initial success with Source and Screen, Wells Fargo is using Source & Screen to find Regional Banking Associates in 19 markets. help them on the first day.” Results Achieved - Adiel Araujo • Filled approximately 65% of the positions for the new office through Source & Screen Senior Recruiter Consultant • Approximate cost per hire of less than $1,500 for very hard-to-fill positions For more information on how CareerBuilder can positively affect your business, call your Account Representative or (877) Fill-A-Job today.