Graduate Brochure - Xchanging
Graduate Brochure - Xchanging
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 />
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