Now that social media plays such a significant role in how recruiters and potential employers evaluate you, is your resume still such a critical piece of the self-marketing puzzle?
Yes, it is, says career coach Dennis Grady of The Career Advisory Group. In a recent webinar, “Building a High-Impact Resume,” Grady explains that while social media is likely the first exposure a corporate or executive recruiter will have to you, your resume is still the most important factor in determining whether you receive an interview. Moreover, your resume often serves as the road map for that interview, giving you the opportunity to help determine what the focus of that conversation will be.
So what were Grady’s insights on building an impactful resume?
1. Focus on Accomplishments and Promotions
It is absolutely essential that you emphasize your key accomplishments and promotions, Grady explains. Specific details about your achievements give you credibility and demonstrate the kind of value you can bring to your future employer. Promotions show that your previous employers found your knowledge, skills, and abilities worth doubling down on. This, in turn, gives recruiters and hiring managers more confidence that you are worthy of a similar investment.
2. Leave Out What Is Not Relevant
While you almost always want to avoid gaps on your resume, you can downplay roles or aspects of roles that do not demonstrate how you will be useful in the position you are applying for. For example, if you are 25 years into your career and the first two or three jobs you had don’t have much bearing on what you have done most recently or what you hope to do in the future, it is enough to list the title, company, and years of those positions without bulleting your accomplishments in each.
3. Get the Top Third Right
Grady points out that, on average, resumes receive about six seconds of attention in the initial yes-or-no stage of consideration. If your resume is being viewed on a computer, odds are good that the top third will have to have enough of a hook to persuade the reader to scroll down. On print resumes, studies show recruiters’ eyes still track primarily to the top third and then to the bottom, where they expect to find your educational background. Grady recommends that the top third of your resume include your name, email, and phone number; a headline and subtitle; and a list of accomplishments and skills.
Several questions recurred during Grady’s presentation. By far the most common: How long should a resume be? The answer depends on you and your situation. As a general rule of thumb, Grady says that resumes should be no more than three pages.
Another frequent line of inquiry was from those seeking advice on how to transition into investment management from an information technology (IT) background. Although there was no time to address these queries in the webinar, Grady offered the following advice afterward:
Understand which transferable skills are most relevant to the roles you are targeting. Feature them at the top of your resume and highlight your accomplishments in IT roles. (Informational interviews can help with this.)
Determine if there are IT positions in financial services firms comparable to the ones you’ve held. Figure out how they contribute to the success of the investment management function and be able to explain the ways in which your earlier endeavors are equivalent to the ones you are seeking.
If you’re coming from the IT industry, consider moving to IT roles in a financial services firm as a way to get your foot in the door.
Target financial technology (fintech) companies.
Source: CFA Institute