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Credit Management magazine October 2017

THE CICM MAGAZINE FOR CONSUMER AND COMMERCIAL CREDIT PROFESSIONALS

THE CICM MAGAZINE FOR CONSUMER AND COMMERCIAL CREDIT PROFESSIONALS

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OPINION<br />

Five best ways to<br />

prepare for an interview<br />

Refining your CV in order to secure an interview is the<br />

first crucial stage of finding a new job. Karen Young gives<br />

five of the best ways to prepare for interview success.<br />

AUTHOR – Karen Young – Director at Hays<br />

Karen Young<br />

Researching a<br />

company isn’t<br />

about standing out<br />

anymore, you need<br />

to demonstrate that<br />

you’ve also thought<br />

about how they do<br />

business, and how<br />

you may be able<br />

to impact their<br />

organisation.<br />

PREPARATION is key in making<br />

a good first impression and<br />

researching the company<br />

or organisation you are<br />

interviewing for should be<br />

your initial preparation step.<br />

Researching a company isn’t about standing<br />

out anymore, you need to demonstrate<br />

that you’ve also thought about how they do<br />

business, and how you may be able to impact<br />

their organisation.<br />

Start by looking at the company’s website<br />

where you’ll find further details, news and<br />

insight into its culture, recent project and<br />

accolades. You can also look at their social<br />

media feeds such as a LinkedIn company page<br />

– it is also wise to look at the LinkedIn profile<br />

of your interviewer so you can find out about<br />

their career history too.<br />

You should also make time to understand<br />

the organisation’s products or services and<br />

its objectives, and find out who the main<br />

competitors are in the market. Finally, their<br />

website will also have information about the<br />

organisation’s values or mission statement,<br />

which in turn will help you decide if it is a<br />

company culture you would like to work for.<br />

UPDATE SOCIAL PROFILES<br />

Although your interviewer will know about<br />

your career history, skills and achievements<br />

from reading your CV, it’s likely they will also<br />

look you up on social media to see how you<br />

compare. Make sure your LinkedIn profile<br />

matches your CV, and if they connect with<br />

you on LinkedIn it’s always wise to be sharing<br />

professional relevant news or market insights<br />

that are relevant to your role.<br />

For other social networks, such as Facebook,<br />

make sure you do a quick check of the privacy<br />

settings. The best advice is if there is anything<br />

you don’t want a new employer to see, hide<br />

your profile or make it private to avoid them<br />

getting the wrong impression of you.<br />

KNOW YOUR MARKET<br />

For any professional working in credit you<br />

should have a good grasp of the market and the<br />

profession at present. Make sure you keep upto-date<br />

with relevant industry news by reading<br />

trade publications, as well as keeping on top of<br />

finance and economics news.<br />

Equally, you may be interviewing for a company<br />

within an industry you were previously<br />

not familiar with. While the interviewer won’t<br />

expect you to know everything about their industry,<br />

you’ll really impress if you are aware of<br />

the specific challenges they may face, or who<br />

their competitors are.<br />

PREPARE YOUR QUESTIONS<br />

You’ll naturally have questions about the role,<br />

and if you have conducted thorough research<br />

of the company, this may create questions<br />

too. Make sure you have a think about what<br />

questions you would like to be answered, also<br />

bear in mind how they might come across.<br />

For example, if you’re only question at the<br />

end of the interview is ‘when will I get paid’,<br />

this won’t impress your interviewer. Instead,<br />

you need to demonstrate genuine interest and<br />

show you are inquisitive. An example would be<br />

‘I saw on your website that you have recently<br />

changed the structure of your finance team.<br />

Would you be able to explain some more about<br />

this, and how the credit management function<br />

works with the business?’<br />

PRACTISE, PRACTISE, PRACTISE<br />

You will have recently updated your CV, but<br />

make sure you are truly familiar with it to avoid<br />

the interviewer asking about something you<br />

haven’t thought about. Also, if you have had<br />

any career gaps or weren’t in a previous role<br />

for long, be ready to address these questions.<br />

Once you’re confident you can talk about<br />

your skills and experience, practise your<br />

responses with a friend or record yourself to<br />

hear how you come across. You want to make<br />

sure you are bringing your CV to life and that<br />

you can really convey your experience to the<br />

hirer.<br />

Taking these steps will ensure that you are<br />

fully prepared for your interview, and have a<br />

better chance of success in securing the job<br />

you want.<br />

The Recognised Standard / www.cicm.com / November <strong>2017</strong> / PAGE 51

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