Due Diligence: How Clean is Clean?

In the cozy office of the Fancy Valley and Four Seasons, the team made significant progress in their quest to find the perfect financial professional to join their ranks.

Sue cleared her throat and straightened the stack of resumes, her eyes twinkling with anticipation. “Alright team, we’ve narrowed our search to three applicants for the final round of interviews.”

Justin leaned forward. “We need to prepare. We want to make sure we’re bringing someone who is trustworthy on board.”

Sue nodded, her expression reflecting the gravity of the situation. “Absolutely Justin. Now, let’s talk about who will be interviewing the final candidates and the questions we need to ask.”

Prue, the team’s detail-oriented member, took out a notepad and began jotting down notes. “I think we should have a diverse panel of interviewers. It’s essential to get a well-rounded assessment of each candidate. Justin, you have a strong financial background, so you should definitely be part of the interview team, as well as Sue with her HR experience.”

Duey, always keen on strategy, interjected, “Great, so it’s settled. The interview panel will consist of you, Justin, and Sue. Now, let’s move on to the questions we’ll ask. We need a set of questions that can help us evaluate the candidates comprehensively.”

Prue began listing possible questions. “I think we should start with technical questions to assess qualifications and expertise. Then, we can delve into situational questions to gauge their problem-solving abilities and their alignment with our company’s values and culture.”

Sue chimed in, “Agreed. We also need to ask about their experience working with sensitive data and their approach to maintaining our standards. We should do a background investigation on all of them!”

Prue nodded, “You’re right, Sue. Before we proceed, we should touch base with our background investigation provider, Commercial Investigations, to ensure that we are still in compliance with the law. I’ve heard about these new Clean Slate laws in New York, and we need to make sure we don’t run into any issues.”

Duey piqued up. “Clean Slate laws? What are those?”

Sue explained, “Clean Slate laws in New York allow individuals with certain criminal convictions to have their records sealed or expunged after a certain period of good behavior. This could potentially impact the results of our background investigations, so it’s essential to verify with CI if they’ve adjusted their processes to accommodate these changes.”

Justin chimed in, “And if they haven’t, it could lead to complications and potential inaccuracies in our decision-making process.”

With a sense of responsibility and foresight, Prue picked up the phone and dialed CI’s number. After a brief conversation, she looked at the team with a reassuring smile. “We’re all set to proceed with the next round of interviews with confidence.”

The team breathed a collective sigh of relief. Knowing their provider adapted to the changing legal landscape gave them the peace of mind they needed to move forward.

With a well-rounded approach and their compliance questions answered, the team felt ready to conduct the next round of interviews.

Which candidate will be the chosen one?

How will the next round of interviews unfold?

What other compliance updates await Fancy Valley?

Stay tuned for the next chapter of Fancy Valley’s hiring adventure!