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Graduate Brochure - Xchanging

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<strong>Xchanging</strong> <strong>Graduate</strong> Scheme<br />

First class experience across a range<br />

of exciting industries...be inspired


Fast track your career<br />

<strong>Xchanging</strong> <strong>Graduate</strong> Scheme 1<br />

Now more than ever, experience is the key to building<br />

a career on firm foundations. As a member of the<br />

<strong>Xchanging</strong> <strong>Graduate</strong> Scheme, you have the opportunity<br />

to gain experience working in a variety of challenging<br />

roles for customers across 15 major industries.<br />

We consistently provide the investment<br />

which allows talent to become fully<br />

realised potential.<br />

The <strong>Xchanging</strong> <strong>Graduate</strong> Scheme is<br />

one of the initiatives that expresses this<br />

commitment.<br />

Over the past five years, we’ve offered<br />

opportunities to many graduates from a<br />

wide range of backgrounds. We’ve helped<br />

to launch successful careers and added<br />

significant value to the business as a result.<br />

This brochure contains information on<br />

the Scheme, the application process and<br />

some ideas on how applicants can give<br />

themselves the best chance of success.<br />

Aerospace & Defence Insurance<br />

Automotive Manufacturing<br />

Banks & Financial Services Public Sector<br />

Energy & Utilities Real Estate<br />

FMCG Retail<br />

Food & Beverage Supply Chain & Logistics<br />

Healthcare Telecommunications<br />

Transportation, Travel & Leisure


2<br />

Driving ambition<br />

delivering results<br />

0 0 0<br />

0 2 5<br />

0<br />

1<br />

3 4<br />

The automotive industry was hit hard by recession.<br />

So our customers depend on us to help them maximise<br />

administrative and operational effectiveness and<br />

manage product lifecycles. Could you drive even greater<br />

savings and efficiencies for them in the years to come?<br />

<strong>Xchanging</strong> <strong>Graduate</strong> Scheme<br />

We provide business processing, technology and<br />

procurement services internationally for customers<br />

in almost every industry sector.<br />

What does this mean?<br />

It means we perform business functions on behalf<br />

of our customers. For instance, rather than a<br />

company employing a large procurement function,<br />

they can chose to outsource that function to<br />

us. This can be done for any non-core process<br />

including accounting, IT and HR.<br />

Our background<br />

We began life in 1998 as a business processing<br />

company. We soon took the strategic decision that<br />

we could best serve customers as a technology<br />

enabled provider and integrator of business process<br />

services. Our subsequent evolution in providing<br />

outsourced business processing, technology and<br />

procurement services has been entirely focused on<br />

our customers’ business needs.<br />

Our aim remains simple; to provide these<br />

outsourced services better, cheaper and faster.<br />

‘<strong>Xchanging</strong> is a great company to work for<br />

if you want to experience different sectors<br />

in the business world, work alongside<br />

experts in their field, study towards a<br />

recognised qualification and take on<br />

responsibility early.’<br />

Michael Cronin – Bristol<br />

<strong>Graduate</strong> Scheme 2006 - 2008<br />

Current Role – Financial Controller, Technology Sector<br />

3


4 <strong>Xchanging</strong> <strong>Graduate</strong> Scheme<br />

5<br />

<strong>Xchanging</strong> is listed on the London Stock Exchange<br />

(LSE:XCH), we have over 7,500 employees in ten countries,<br />

providing services to customers in 48 countries.<br />

Our corporate culture is built on six values:<br />

Customer Focus<br />

We focus relentlessly on the customer. We provide<br />

flexible, practical and value added solutions. We<br />

deliver results by constantly taking the initiative.<br />

Innovation<br />

We challenge the status quo and approach our<br />

business with creativity, fresh ideas, lateral thinking<br />

and a commitment to do things in a new way. We<br />

inspire innovation.<br />

Speed & Efficiency<br />

We act quickly and decisively. Speed is of the essence.<br />

People<br />

We create value, are empowered to make a difference<br />

and are responsible and accountable for our actions.<br />

We succeed through teamwork based on mutual<br />

respect and the desire to invest in each other’s success.<br />

Excellence<br />

We are dedicated to continuous improvement<br />

which is reflected in our leadership in technology,<br />

implementation, operations and quality standards.<br />

Integrity<br />

We are dependable and responsible people<br />

committed to being open, transparent, honest<br />

and direct in all of our activities.<br />

USA<br />

Chicago<br />

UK<br />

London<br />

Romford<br />

Basildon<br />

<strong>Xchanging</strong>’s principal office locations and the<br />

geographic territories where customers are served.<br />

Germany<br />

Frankfurt<br />

Hof<br />

Munich<br />

France<br />

India<br />

Gurgaon<br />

Paris Bangalore<br />

Singapore<br />

Australia<br />

Sydney<br />

Melbourne


6<br />

World class<br />

career opportunities<br />

Leading hotels, airlines and airport organisations across<br />

the globe use our outsourcing solutions to reduce their<br />

costs, improve their efficiency and give themselves a clearer<br />

focus on their single most important asset: their customers.<br />

Will you go the extra mile to meet their needs?<br />

<strong>Xchanging</strong> <strong>Graduate</strong> Scheme<br />

We are a young, international company. Our culture is such<br />

that you can be sure there will be many new opportunities<br />

for you around every corner. You have every opportunity to<br />

reach your full potential when you come to <strong>Xchanging</strong>.<br />

The nature of our business means you will continue<br />

to develop skills and experience and have exposure<br />

to a wide variety of business areas.<br />

To do our job well we need a detailed<br />

understanding of what our customers do. Only<br />

then can we do it for them better. For you, this<br />

means you will develop a deep understanding<br />

of multiple industries and never be pigeonholed.<br />

What will you be doing?<br />

The purpose of our graduate scheme is to develop<br />

the next generation of leaders for <strong>Xchanging</strong>. You<br />

will rotate through four, six month placements over<br />

your two years on the scheme. You will work in<br />

various business areas in a variety of roles which<br />

may include accounting, sales, marketing, project<br />

management, account management, operations,<br />

HR or IT.<br />

You will work in our corporate Head Office and also<br />

in our other business areas and at customer sites.<br />

In Summary<br />

- Four stage programme in a variety of business<br />

areas and a choice of roles<br />

- Career support and mentoring at Director level<br />

- Comprehensive training programme<br />

- Chance to study and complete a recognised<br />

professional qualification<br />

- Work alongside highly qualified and<br />

experienced professionals<br />

- Highly competitive salary and bonus package.<br />

‘I was asked to present findings to the CEO<br />

on a project I designed and managed – a<br />

chance that I relished and a testament to<br />

the opportunities available to graduates<br />

at <strong>Xchanging</strong>.’<br />

Emma Darke – Cambridge<br />

<strong>Graduate</strong> Scheme 2011 - Present<br />

Current Role – Group Internal Audit<br />

7


8<br />

Outsourcing has never made more sense: we firmly believe<br />

that increasing numbers of organisations will look to shed<br />

functions which are peripheral to their vision and mission<br />

but essential to their day-to-day operation. They will choose<br />

<strong>Xchanging</strong> to help them with that because we have proven<br />

expertise and a scale and scope driven by the calibre of<br />

customers we serve.<br />

100%<br />

We currently process 100% of Lloyd’s<br />

market policies.<br />

£22bn<br />

£11tr<br />

25tb<br />

We process over £22 billion<br />

in premiums for the world’s<br />

largest broker.<br />

Our IT trading platforms<br />

transact over £11 trillion on<br />

behalf of our customers.<br />

The Insurers’ Market<br />

Repository handles 25<br />

terabytes of data, equal to 30<br />

jumbo jets filled with paper.<br />

Our technology supports the customers of the<br />

first nationwide 4G telephony and data network.<br />

Our IT systems support logistics for the world’s leading owner-operator of liquid natural gas ships.<br />

<strong>Xchanging</strong> <strong>Graduate</strong> Scheme<br />

97%<br />

Our technology handles 97% of the world’s<br />

non-ferrous metals trading.<br />

Our technology supports the world’s busiest single runway airport.<br />

Our procurement services have helped our<br />

customers save over £400 million since 2002.<br />

We handle 450,000<br />

claims to an incurred<br />

value of £22 billion.<br />

£22bn £9bn<br />

20%<br />

We manage 20% of the UK’s outsourced indirect<br />

spend, making us the second largest provider in the UK.<br />

Our real time learning systems help track over 23,000<br />

employees for one of the world’s largest airlines.<br />

Our technology supports salary<br />

payments to UK workers to the<br />

value of £9 billion.<br />

9


10<br />

One of the great strengths of <strong>Xchanging</strong> is the wide variety<br />

of people we employ. There is no set <strong>Xchanging</strong> ‘type’. We<br />

thrive on diversity. That said, any graduate programme needs<br />

selection criteria. Ours are straightforward and transparent.<br />

We are looking for men and women with excellent<br />

academic credentials that will include a predicted<br />

minimum 2.1 degree. You must, of course, hold a<br />

valid right to work in the country to which you are<br />

applying. You must be ambitious for yourself but<br />

capable of working as part of a team, able to work<br />

to clear objectives and meet tight deadlines.<br />

Our organisation is young and fundamentally<br />

entrepreneurial.<br />

With that in mind, you should be able to<br />

demonstrate both analytical and creative skills<br />

together with a capacity for seeking opportunities<br />

and embracing change.<br />

We are also an international organisation – which<br />

means you must have regional and global mobility.<br />

On a similarly practical note, you will need to<br />

communicate sometimes complex business<br />

information with decision makers at many levels.<br />

So you must be proficient in Microsoft Excel and<br />

PowerPoint.<br />

There is one other qualification that will serve you<br />

well throughout your career with <strong>Xchanging</strong>.<br />

A genuine passion for business.<br />

Put simply: you must show you can make and save<br />

money for our customers.<br />

Because that is what we do.<br />

<strong>Xchanging</strong> <strong>Graduate</strong> Scheme<br />

Thirsty for success<br />

We think big in food and beverage. We already<br />

provide procurement expertise for one of the<br />

UK’s biggest multinational food manufacturers<br />

and technology services for a range of customers<br />

around the world. If you have the appetite to<br />

make us even more successful, we should talk.<br />

11<br />

Food<br />

&<br />

Beverage


12<br />

Welcome home<br />

build your career here<br />

Our real estate clients face uniquely challenging<br />

times. Do you have the potential to help them add<br />

value and inspire confidence for fearful consumers<br />

and cautious commercial buyers? If so, your talents<br />

will find a warm welcome at <strong>Xchanging</strong>.<br />

<strong>Xchanging</strong> <strong>Graduate</strong> Scheme<br />

We take graduates into our business every year, with start<br />

dates in September. Applications are welcome from anyone<br />

who is an undergraduate in their final year, completing a<br />

Masters, PHd or MBA. You can only apply once - so please<br />

make the most of your opportunity.<br />

Our Three Stage Process<br />

We choose successful candidates for the <strong>Xchanging</strong><br />

<strong>Graduate</strong> Scheme using a three stage process:<br />

Stage 1: Application<br />

You must apply through the website, using the<br />

link provided on the graduate home page. The<br />

application features some initial questions and<br />

a requirement to list your qualifications. We will<br />

also screen your application for spelling and<br />

grammatical accuracy.<br />

Stage 2: Selection<br />

Once stage 1 screening is finished, we select<br />

candidates for assessment using SHL tests. These<br />

tests are sent to you as web links to be carried out<br />

online. They measure your verbal and numerical<br />

reasoning ability. They are assessed against the<br />

graduate norm we expect.<br />

Stage 3: Assessment<br />

Based on the results of the SHL tests, we create<br />

a shortlist of candidates to attend one of our<br />

assessment centres. The format is a mixture of<br />

group work, individual interviews and presentations.<br />

From these assessment centres, we make offers to<br />

the strongest candidates.<br />

‘With <strong>Xchanging</strong> being such a young<br />

business, the youthful culture of<br />

entrepreneurialism runs deep and means<br />

pushing yourself to have new experiences.<br />

This for me has been the most exciting<br />

part of the culture of <strong>Xchanging</strong>.’<br />

Mike Short – Sheffield<br />

<strong>Graduate</strong> Scheme 2008 - 2010<br />

Current Role – Sales Executive, Insurance Sector<br />

Applications must be made<br />

online though our website;<br />

xchanging.com/careers/graduates<br />

13


14 <strong>Xchanging</strong> <strong>Graduate</strong> Scheme<br />

15<br />

Precious assets<br />

rich rewards<br />

0123456789<br />

There is a good reason why we have such a<br />

strong representation amongst banks and financial<br />

institutions. Banks with a high degree of outsourcing<br />

have on average a 5% better cost-income ratio.<br />

Could you convince potential new customers of the<br />

value we deliver?<br />

Your application to join <strong>Xchanging</strong> could be the first step<br />

in a lifelong career. So you want to give yourself every<br />

opportunity to shine. And we want you to succeed as well.<br />

With that in mind, here’s our guide to ‘best practice’ at<br />

every stage of the application process.<br />

Stage 1: Submit a compelling application<br />

Your application is an opportunity to sell your<br />

skills and convince us that we need to have you<br />

as part of the team. Treat it as such: make a case<br />

for yourself giving specific, detailed examples and<br />

answering key questions such as what you’ve<br />

achieved, why you did it, how you approached it.<br />

If you have already submitted a copy of your CV<br />

we’ll keep this on file for consideration together<br />

with your online application. If you have yet to do<br />

so, please submit it by email.<br />

We’re headquartered at Leadenhall Street in<br />

London but our graduate placements could be at<br />

any of our locations in the UK, so some flexibility<br />

on your behalf would be beneficial.<br />

Before you submit your application, please proofread<br />

it carefully.<br />

The business needs confident, literate professionals<br />

with good attention to detail. So sloppy English<br />

will hinder your chances from the start. Use plain<br />

English and pay particular attention to grammar<br />

and spelling.<br />

Stage 2: Impress at the assessment centre<br />

Following your initial application, you may be<br />

invited to attend our assessment centre.<br />

This will give you the opportunity to display<br />

your capabilities in a series of written exercises,<br />

one-to-one exercises and group exercises.<br />

Making the most of your day at the assessment<br />

centre starts with dressing smartly and being punctual.<br />

You should participate at all times, make a<br />

contribution to all the group exercises and<br />

generally be assertive without becoming<br />

overbearing. Be yourself. It shows confidence.<br />

a) Convince in the interview<br />

The interview takes you one step further by giving<br />

you an opportunity to show your individual calibre.<br />

You can prepare by:<br />

- Reading the company website and especially<br />

the graduate pages<br />

- Noting the skills and competencies required<br />

- Noting down any examples you can think<br />

of when you have put these competencies<br />

into practice<br />

- Preparing questions to ask the interviewer<br />

Going into the interview, start with a firm handshake<br />

and friendly smile. Similarly, remember that your<br />

body language will say a lot about you too – so make<br />

sure you’re always projecting a positive impression.<br />

The interview itself will be competency based.<br />

That means you’ll be asked for examples of things<br />

you have done in the past or situations you have<br />

been in. Examples could come from vacation or<br />

part-time work, University clubs and societies,<br />

voluntary work, study at school or university,<br />

holidays and travel or personal and family experiences.


16<br />

Continued...<br />

Use the STAR framework to structure your answers:<br />

- Describe the Situation in which you found yourself<br />

- Describe the Task you set out to achieve<br />

- Describe the specific Action you took<br />

- Describe the Result of your action<br />

b) Persuade in the presentation<br />

You will be asked to make a formal presentation.<br />

Preparation is all-important for this task.<br />

You will need to write an outline for your<br />

presentation and put plenty of notes in the<br />

sidebars. You may need to refer to your outline<br />

throughout your presentation so it’s best if you<br />

have your notes and other information ready at<br />

a quick glance.<br />

If you’re including charts and graphs, try to present<br />

them in colour and make sure the information is<br />

large enough for your audience to see clearly<br />

Rehearse the presentation at home or in front of<br />

your friends or family. When it comes to delivery,<br />

have a strong introduction and conclusion,<br />

speak clearly and make good eye contact with<br />

your audience.<br />

c) Engage in the written assessment<br />

You will also need to complete a written<br />

assessment. Start by carefully reading the question.<br />

You can’t engage your readers with a well-written<br />

answer unless you understand exactly what they<br />

need to know. Make sure you address all the issues:<br />

it may help to think of secondary questions that<br />

shed light on the main one.<br />

Structure your answer clearly and logically,<br />

using sub-headings if they help readers follow<br />

your argument.<br />

You may be asked to work with numbers as part<br />

of this exercise – so your maths will need to be up<br />

to speed as well as your spelling and grammar.<br />

3. Consider your offer<br />

If you’ve received an offer of employment,<br />

congratulations!<br />

Take some time to think about the offer and begin<br />

your decision-making process.<br />

Keep the following things in mind:<br />

- Return calls promptly<br />

- Clarify any questions about the job that you<br />

may have<br />

- Accept or decline offers promptly<br />

- Inform all recruiters of your final decision and<br />

be prepared to discuss the decision factors<br />

- Provide useful feedback to recruiters<br />

- If you decline an offer, be positive about your<br />

experience and maintain good relations with<br />

the firm.<br />

For further information or to apply please visit<br />

www.xchanging.com/careers/graduates<br />

High fliers apply today<br />

Our experts delivered a £45 million procurement<br />

success for BAE. We are looking for graduates<br />

with the potential to fly even higher in future.<br />

Can you rise to the challenge?


34 Leadenhall Street<br />

London • EC3A 1AX • UK<br />

Telephone +44 (0)20 7780 6999<br />

Facsimile +44 (0)20 7780 6998<br />

Email info@xchanging.com<br />

Website www.xchanging.com<br />

© 2012 <strong>Xchanging</strong><br />

Applications must be made<br />

online though our website;<br />

xchanging.com/careers/graduates<br />

2753/1 1/12

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