Tip: Banks Hiring on Mortgage Demand
Low mortgage rates have fueled the demand for refinancing, which in turn has prompted demand for underwriters, processors and closers at various lenders. Last fall and winter, lenders laid off thousands of employees when mortgage rates increased; now, those lenders are courting their former workers. Wells Fargo will hire 90 for permanent positions in the Minneapolis-Saint Paul region. Mortgage modification is also seeing action: Chase Bank will hire 700 for one of its Texas mortgage modification centers.
Tools to get the job:
So You Want to Be a Mortgage Loan Underwriter
The Perfect Mortgage Resume
Dealing with a Toxic Resume
Tip: Government Hiring in Full Swing after Budget Freeze
Now that the government's no longer in the throes of a budget crisis, hiring is underway for positions at various finance agencies. The Senate Banking Committee approved President Obama's nominations of Martin Gruenberg to lead the Federal Deposit Insurance Corp. and Thomas Curry to lead the Office of the Comptroller of the Currency. The panel approved five more regulatory nominees, but not at all the hiring is just taking place at the top. The SEC, CFTC, CFPB and other agencies are on the hunt for hundreds of qualified applicants.
Tools to get the position:
Government Agencies Expanding Headcount
How to Get a Job in Financial Regulation
Volunteer Your Way into a Job
Tip: BMO Expands U.S. Investment Banking Groups
Bank of Montreal announced four hires last week to expand its U.S. investment banking financial institutions group (FIG). The firm is increasing coverage of financial clients across the country and needs talent for the FIG group. FIG also established a sector devoted to insurance, for which the company will make hiring announcements soon. BMO has been adding American talent since the financial crisis and will continue to do so in the coming months.
Tools to get the position:
The Perfect Investment Banking Resume
The Ten Worst Things to Put in Your Cover Letter
How to Tap Your Old Friends for a Job