Jat Bansal, Global Talent Director - 2024

Jat Bansal, Global Talent Director - Insights into Recruitment and Internal Mobility

Learn from Jat Bansal, Global Talent Director at Funding Circle, about the changing landscape of the recruitment industry, the importance of internal mobility, and strategies for career advancement.

Jatinda Bansal, Global Talent Director at Funding Circle, discusses the recruitment industry, internal mobility, and getting promoted.
The recruitment industry is evolving with more focus on strategic and leaner hiring, and companies are placing a greater emphasis on talent and people strategies.

In this podcast, Jatinda Bansal, Global Talent Director at Funding Circle, shares his insights into the recruitment industry, internal mobility, and strategies for career advancement. He discusses how the recruitment field has evolved, the challenges it faces, and the importance of strategic and leaner hiring practices in the current job market.

The Changing Recruitment Landscape Jatinda explains that the recruitment industry has undergone significant changes since he entered it in 2014. Today, talent and people teams are more integrated into the commercial aspects of businesses, participating in workforce planning, location strategies, and partnerships. The role of talent acquisition has become more strategic, and decisions are closely aligned with the CFO and CEO.
Sustainable Recruitment Jatinda highlights the need for a balance between rapid growth and sustainable hiring practices. With the recent emphasis on sustainable business growth, recruitment is shifting towards hiring a leaner workforce of highly skilled individuals. Companies are focusing on hiring "A-players" who can contribute to product development and strategic initiatives.
Funding Circle's Approach Jatinda shares Funding Circle's approach to recruitment amidst these changes. The company is concentrating on three key areas allocation strategy, strategic tech hiring, and focus on strategic growth areas. Allocation strategy involves determining where employees should be located, taking into account time zones and adaptability in a changing world. Strategic tech hiring is more specific, aiming to hire individuals with expertise in niche areas. Lastly, Funding Circle is launching new products and seeks the best talent to grow these offerings.
Timing New Product Launches Jatinda acknowledges that knowing when to launch a new product is challenging. Funding Circle's bold approach has led to success in the industry, but the key is to have a deep understanding of credit modeling, risk assessment, and customer experience. The company's 11-year journey has provided the experience needed to make informed decisions about expanding into new markets and introducing new products.
Securing the Recruitment Team As the talent industry evolves, Jatinda addresses the importance of securing the recruitment team. With the changing dynamics and challenges in recruitment, it's crucial to have a team that is adaptable, knowledgeable, and open to innovative approaches. Collaboration and information sharing play a vital role in the success of the recruitment team.

Jatinda's insights shed light on the transformation of the recruitment industry, the necessity for sustainable hiring practices, and Funding Circle's strategic approach to talent acquisition in today's ever-changing job market.

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