Finding Hidden Talent for Key Bank Roles

There's a compelling argument for filling vacancies with non-traditional employees. Plus, securities losses at banks hit a 14-year high in the third quarter.

Happy Monday, Bank Slaters!

Here we are in the final month of 2023. Any unfinished business left for this year?

I’ll be in Nashville and Memphis this week — thankfully my last work-related travel of the year. I’m looking forward to an extended amount of time at home, even if the temperatures here in North Carolina start to drop.

The Forbes Finance Council published my compendium on bank regulation, including a look at deadlines for comment letters and adhering to regulatory guidance. Also, my latest SRM blog examined credit quality trends heading into 2024.

Let’s talk about non-traditional hiring.

Banks and credit unions, especially in rural markets, can struggle to find people to fill key roles, whether that means lenders, branch staff or call center employees. We have written in the past that bigger banks and fintechs could provide hiring opportunities for banks that are open to offering a work-from-home environment.