Recruiter

3 weeks ago

Wilmington, United States Great Gray, LLC Full time
Job DescriptionJob Description

Why Great Gray?

At Great Gray Trust Company, we strive to set the bar for the retirement services industry. Our goal is to deliver advanced retirement solutions that combine our core fiduciary services with robust investment options, innovative technology, and dedicated client service. We focus on making choices clearer, transitions smoother, and the client experience more delightful. Complacency isn't in our vocabulary. Every day, we look for opportunities to better serve our clients, be an excellent business partner, and earn the trust of those who rely on us.

Company Background

Great Gray Trust Company is the leading independent provider of trustee and administrative services to Collective Investment Trusts (“CITs”), with over $185 billion in CIT assets, across more than 700 funds. We proudly work with 75 subadvisors, including leading firms such as Alliance Bernstein, American Funds, BlackRock, Franklin Templeton, MetLife, Neuberger Berman, PGIM, PIMCO and Raymond James.

CITs are more than just an investment vehicle. They represent a forward-thinking approach to retirement planning. These tax-exempt, pooled investment vehicles are offered to employer-sponsored retirement plans, like 401(k)s. CITs are comparable to mutual funds, but, because they are tailored for the institutional retirement market, they can offer distinct advantages, including efficient administration and cost-effectiveness. CITs have a history dating back over 90 years, but they have gained favor over the past decade, driven by innovations, and Great Gray has been at the forefront.

Great Gray has consistently delivered year-over-year growth at an above market rate and is investing in the continued development of its core CIT business as well as complementary administrative services and technology solutions for the retirement market.

Madison Dearborn Partners (“MDP”) purchased Great Gray from Wilmington Trust in April 2023. As a result, Great Gray is an independent company owned by funds affiliated with MDP.

Investor Background

MDP is a leading private equity investment firm based in Chicago. Since MDP's formation in 1992, the firm has raised aggregate capital of over $28 billion and has completed over 150 platform investments. MDP invests across five dedicated industry verticals, including basic industries; business and government software and services; financial and transaction services; health care; and telecom, media, and technology services.

The Role

The Recruiter is responsible for identifying, attracting, and hiring top talent to meet the staffing needs of a financial services trust organization. This role involves managing the full recruitment cycle, from sourcing and interviewing candidates to making hiring recommendations. The recruiter will work closely with hiring managers and the HR team to ensure the company attracts and retains high-caliber professionals who can drive business success.

Responsibilities

Collaboration with Hiring Managers:

  • Partner with hiring managers to understand specific staffing needs and job requirements within the industry.
  • Provide guidance and support to hiring managers throughout the recruitment process.

Job Postings and Advertising:

  • Create targeted job descriptions and post them on appropriate job boards and company career pages.
  • Ensure job advertisements are tailored to attract candidates with financial services backgrounds.

Talent Sourcing:

  • Use various recruitment channels (job boards, social media, professional networks) to identify potential candidates with financial business expertise.
  • Develop and maintain a network of industry contacts to help identify and source qualified candidates.

Candidate Screening and Interviewing:

  • Review resumes and applications to identify candidates with relevant business experience.
  • Conduct initial phone screenings to assess candidate qualifications, technical skills, and cultural fit.
  • Coordinate and conduct in-person or virtual interviews with candidates.

Candidate Experience:

  • Manage the candidate’s experience to ensure a positive and professional recruitment process.
  • Communicate regularly with candidates to keep them informed of their application status.

Database Management:

  • Maintain and update the applicant tracking system (ATS) with candidate information and recruitment activity.
  • Ensure compliance with data protection and privacy regulations.
  • Offer Management:
  • Extend job offers to selected candidates and negotiate terms of employment.
  • Coordinate with the HR team to ensure a smooth onboarding process for new hires.
  • Metrics and Reporting:
  • Track and analyze recruitment metrics to measure the effectiveness of recruitment strategies.
  • Prepare regular reports on recruitment activities and outcomes.
  • Keep abreast of recruiting best practices and introduce them to Great Gray as appropriate.

Special Projects:

  • Partner with Marketing team to develop new Careers page on company website.
  • Build out internship/Co-op programs.

Qualifications & Experience

  • 8+ years of recruiting for positions from entry-level to Director
  • Experience recruiting for positions in Asset Management/Trust/Investments/Financial Services is strongly preferred. Technology recruiting experience is a plus.
  • Demonstrated sourcing techniques, including building talent pipelines and referral generation
  • Effective consulting and client management skills; ability to collaborate and build strong relationships with hiring managers and external third parties
  • Excellent time management and organization skills with a strong sense of urgency and high level of accountability
  • Expertise in utilizing applicant tracking system (ATS) (ADP Recruit experience is a plus).
  • Excellent oral and written communication skills are required
  • Ability to thrive in a fast-paced, dynamic environment and manage multiple priorities effectively.
  • Comfortable navigating ambiguity.
  • Entrepreneurial mindset to bring best practice ideas to the team.
  • Exhibits our Great Gray attributes: Results-Driven, Innovative, Resilient, and Decisive.


Location

This position may be based in one of our offices, in Boston, MA, Wilmington, DE or Las Vegas, NV, or may work remotely if not based near an office. East Coast hours work schedule.

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