Top 5 Mistakes on a Compliance CV

1. Opinions not factsTaking the specific role of compliance monitoring you
Imagine the following in a profile statement on ashould be able to deduce that it requires an
compliance CV:investigative approach. Good compliance monitoring
"A highly experienced Head of Compliance with stronghas a lot to do with a person's ability to decipher the
leadership skills and the ability to influence policynumbers and determine, for example, whether market
decisions."abuse has occurred.
It seems like a strong statement but this sentence isKnowing this, a job seeker needs to write in black and
an opinion the job seeker has about their abilities.white their ability to investigate problems and find
When a job seeker states an opinion it will often beresolutions. Also, if the job seeker is aware that this is
the interviewer's prerogative to get the hard factsthe most important aspect of the job they are applying
about the statement a job seeker has put forward.for then they need to put this evidence first. When
This line of interviewing is what we have all come towriting their CV the first line of their most recent
know and love as competency-based interviewing.career experience should have something along the
A much more powerful and direct way tolines of:
communicate suitability on a CV is to use facts. This· Currently investigating 30 concurrent
allows a recruiter or hiring manager to fully understandcompliance issues across all product lines for a US
the level of comprehension a job seeker has for theInvestment Bank · This experience lends itself
job they have applied for and also puts that personswell to compliance monitoring work
abilities firmly into their mind. The main reason for this isNote: it might also be good to include the specific
that a hiring manager like any other personproducts that you are currently knowledgeable on. This
comprehends and remembers facts much better thanhelps recruiters and employers to find you if they use
an opinion. It is very difficult for a hiring manager orkeyword searching on a CV database.
recruiter to hold onto an opinion particularly when thatI'm sure you understand the gist of what we are
opinion is generic and not very specific to that individualsaying. The important point to take away is that
job seeker. The classic (and terribly droll) opinion being,providing facts, in the right order that match the job
"Works well individually or in a team." Quite honestly, ifrequirements, is essential in progressing your career. A
you cannot do both you really do not have a place inCV is a sales tool and should be utilised as such.
the modern working world unless you work in quaintAlways think of the reader.
finance and all they want you to do its lock you in a4. Spelling mistakes / poor grammar
dark room to crunch numbers.OK... I know you have heard it before. So we are not
May we suggest an improvement on our originalgoing to flog a dead horse on this issue. HOWEVER, it
opinion and turn it into some facts:still amazes us that (as a collective of ex-compliance
· 10 years experience as Head of Compliancerecruiters) the frequency of spelling and grammar
in investment bankingmistakes is so high, PARTICULARLY, at a senior level.
· Managed teams of between 5 and 15 fromWe think you can get by with perhaps one or two
Compliance Assistant to Vice President of Compliancespelling mistakes or grammar mistakes on your CV,
· Lead on 3 global compliance policybut we have seen dozens on some CV's from Head's
documents which affected over 15,000 employeesof Compliance!
workSpelling and grammar mistakes have three simple
Better? We think so.remedies:
2. Poor structure1. Use spell check on your Word Processor (.i.e. Word
A typical CV consists of the following structure:or Open Office Writer), ensuring it is set to the correct
1. Namelanguage for your country. 2. Get a friend you trust
2. Addressimplicitly to check and re-check your CV. If that friend
3. Phone Numberworks as an analyst or in a reporting role requiring lots
4. Email addressof writing then they might spot mistakes. Even better,
5. Personal Profile (typically around 10 sentences long)get two or three friends to check and then you have
6. Educationreally made sure there is nothing wrong. 3. As you
7. Career Backgroundcheck your CV read it out loud slowly. This technique
Now, we do not mean to grumble but we would likewill help you focus on what you have written and it will
you to think about the reader of your CV for just agive you a good idea as to the flow of your writing.
moment. In most cases the most relevant info is inPlease, please, please try to avoid spelling and
number 7 (Career Background) on the list, unless yougrammar mistakes. For spelling use the spell check
are a graduate, in which case number 6 (Education)facility and look up a reputable dictionary if in doubt. For
may be more appropriate.grammar a good book you can buy to help you is The
The hiring manager/recruiter has advertised for aEconomists' Style Guide. If you prefer their free
Compliance Manager. Rightly, you decide to submitversion it's online.
your CV. The recruiter may have time to sift through5. Generic Eric
your CV and pick out the relevant parts of yourThis might seem like it covers old ground as it relates
experience that apply directly to the job (assuming youclosely to point 1 (Opinions not facts) but it does have
have actually tailored your CV). This would assumeits own subtle place here. Generic Eric is a
you have a very patient recruiter at the receiving endtroublesome soul. His writing style is simple: write to
of your CV. However, a hiring manager is much lessensure I cover all aspects of what others want to
likely to be so forgiving. Recruiting people may only behear. An excellent example would be a sentence in a
5% of their day, so they will not spend a great deal ofprofile statement such as:
time sifting through the info. They need relevant info as· A good communicator who can work with a
soon as possible. If you use the rule that a hiringwide variety of people
manager or recruiter needs to see at least 80% of theThe rationale behind Generic Eric's sentence is to
job description answered within the first 30 seconds ofmake sure he writes something about 'communication'
reading your CV or at least on the first ¾ of abecause you have to, and to show he is a good
page then you will not go far wrong.communicator which is what all hiring managers want
Get tough with yourself:a) Do not write 'Curriculumin the heady world of compliance. Unfortunately,
Vitae' at the top of your CV it is more than obviousGeneric Eric has filled the first half of his CV with this
what the document pertains to. b) Write your name,bland, meaningless drivel. The hiring manager or
the city/town you live in, an email address and yourrecruiter finds Eric's CV and gets so bored of reading
telephone number only. c) Exclude a personal profileit that it goes to the shredder (putting CV's in a regular
unless it contains facts supporting the specific jobbin does not adhere very well to the data protection
application you are going for. d) Place your educationact!).
after your career history unless you are a graduate. e)Our advice is to completely remove these pointless
Tailor your most recent job experience to make sure itsentences and keep your CV as punchy and relevant
relates directly to the job description advertised.as possible. If it sounds generic then leave it out.
3. Where is the evidence?If you want to emphasise your ability to communicate
This might seem like a straight-forward point but it isthen state a fact that might help you such as:
another of the top 5 mistakes on CV's. Not only are· Have made presentations on complex
most CV's full of opinions and not facts, they arecompliance issues to rooms of between 10 and 50
poorly structured and they often have very littlepeople with no knowledge of compliance
evidence of how the job seeker can perform the jobHere you have demonstrated a clear ability to
advertised.communicate without using your own opinion or
Assume that a job is advertised for a Complianceproviding nonspecific information.
Monitoring Manager. It is likely that the employer orOne of the key requirements of a CV is to make you
recruiter is looking for an individual with compliancestand out in a positive way. Bear in mind that Henry
monitoring experience. Perhaps you would like to applyFord invented the division of labour that we now all
but don't have the relevant monitoring experience,love/hate today. As a society of specialists its should
although you work with other compliance monitoringbe easy to make our experience unique and for us to
assistants and you think you are perfectly capable ofcreate CV's that SELL those all important distinctive
performing the job (if not a little better than them!).characteristics.