Banking and Financial Services Recruitment Agency
Hire permanent and contract banking, financial services, and BFSI staff across India, the Gulf, and Asia. We recruit for banks, NBFCs, fintechs, insurers, and financial services firms: relationship managers, risk, compliance, operations, treasury, and finance leadership. Tell us the role, the regulatory requirement, and the location, and we return a shortlist.
16+ Years Of Experience
550,000+ Placements Delivered
36+ Countries Served
350+ Expert Teams
50+ Top Level Positions
What Does a Financial and Banking Recruitment Agency Do?
A financial and banking recruitment agency finds and places staff across banking, financial services and insurance, known collectively in India as BFSI. The category is wide, and the halves of it hire very differently.
Front office roles, including relationship managers, wealth advisers and sales, are hired on network, portfolio and demonstrable book. Control and support functions, including risk, compliance, audit, treasury and operations, are hired on regulatory familiarity and framework experience. A candidate strong in one is rarely transferable to the other.
Regulatory context is the second dividing line. A compliance manager who has worked under RBI supervision is not interchangeable with one who has worked under the DFSA or the SAMA framework, even where the job description reads identically. That constraint narrows candidate pools far more than seniority does.
Alliance places permanent employees and also provides contract staff for project and interim banking roles.
For accounting and finance function hiring outside banking, see our accounting recruitment consultants practice. For banking hiring outside India and the Gulf, see our banking recruitment agencies page.
How We Recruit in Banking and Financial Services
Most agencies serving BFSI work from a CV database and match on job title, which is why compliance and risk shortlists so often fail at second interview. We scope the regulatory environment the candidate must operate in before we source, alongside product, segment, and book size. It takes an extra call at the start and removes most of the rejections later.
Banking Recruitment Costs and Timelines
What It Costs:
Our fee is a percentage of the hire’s first-year salary, agreed before the search begins and payable when they start. No retainer for standard permanent placements. Regulated senior roles and cross-border hires sit at the higher end, because the search is narrower and the engagement continues past the offer.
How Long It Takes:
Domestic hires in India and the Gulf: shortlist in 10 to 15 working days, offer typically within 4 to 6 weeks. Banking notice periods run longer than most sectors, commonly 60 to 90 days at senior level. Cross-border hires add visa processing on top.
What Our Banking Recruitment Service Includes
Front Office and Relationship Management
Relationship managers, wealth and private banking advisers, corporate and SME banking sales, screened on portfolio and book rather than job title.
Risk, Compliance and Audit
Credit risk, market risk, operational risk, compliance, AML and internal audit, scoped against the specific regulatory framework you operate under.
Operations, Treasury and Technology
Banking operations, trade finance, treasury, settlements, and the technology roles that sit inside financial institutions rather than outside them.
Finance Leadership for Financial Institutions
CFO, financial controller and head of finance roles within banks, NBFCs and financial services firms. For confidential senior mandates, see our CFO executive search practice.
Executive Search and Headhunting for Banking
Confidential senior and C-suite mandates across banking and financial services are run by direct approach rather than advertising, in line with the method of our financial executive search practice.
Permanent and Contract Staff
Most hires join your payroll as permanent employees. For projects, regulatory deadlines or interim cover, we also provide contract staff for an agreed term
Our Banking Recruitment Process
Step 1: Role and Regulatory Scoping Call (45 minutes, within 2 working days)
We establish the role, the product and segment, the regulatory framework the person must operate under, the salary band, and the location. The regulatory answer defines your candidate pool more tightly than anything else in the brief.
Step 2: Market and Supply Assessment (3 to 5 working days)
We map realistic availability at your number within the regulatory envelope, and tell you where widening the framework requirement or the geography opens the pool.
Step 3: Sourcing and Screening (10 to 15 working days to shortlist)
Direct approach across the relevant market. Screening on framework experience, product depth and, for front office roles, verifiable book. Reference and background checks. Three to five candidates with assessment notes.
Step 4: Interviews and Assessment (client-led, typically 1 to 2 weeks)
We coordinate scheduling, including panel interviews, which are standard at senior level in banking, and manage candidate communication throughout.
Step 5: Offer, Notice and Start (8 to 16 weeks)
We manage the offer and stay engaged through notice. Banking notice periods are long, and counter-offers are common, so this phase is actively managed rather than handed over at acceptance.
Step 6: Onboarding, Regulatory Clearance and Guarantee Period (first 90 days)
Banking hires are not complete on the start date. Employment verification, criminal and credit screening, and any required regulatory registrations all run after joining, and a failure at that stage costs you the hire. We track clearance through to completion, check in with both you and the candidate at 30, 60, and 90 days, and if the placement does not hold within the guarantee period, we re-run the search at no additional fee.
Industries We Serve
Struggling to Find the Right Banking Talent?
Tell us the banking roles you need to fill, your location, and hiring timeline. We’ll assess the available talent pool and help you connect with qualified professionals who match your requirements.
BFSI Sectors and Markets We Recruit For
Retail and Commercial Banking
Branch leadership, relationship management, credit and operations across retail and SME banking.
Corporate and Investment Banking
Coverage, structuring, credit analysis and transaction banking roles.
NBFCs and Lending
Non-banking financial companies across consumer, SME and vehicle lending, one of the highest-volume hiring categories in the Indian market.
Wealth and Private Banking
Advisers and relationship managers hired on portfolio and client book, with the discretion that implies.
Fintech and Digital Financial Services
Payments, digital lending and financial platforms, where banking domain knowledge and technology fluency rarely sit in the same candidate.
Risk, Compliance and Regulatory Functions
Scoped by framework: RBI, SEBI, DFSA, SAMA, CBUAE or others, because the frameworks are not interchangeable.
India
Our largest BFSI market by volume. Mumbai, Delhi NCR, Bangalore, Chennai, Hyderabad, Pune and Kolkata.
United Arab Emirates and the Gulf
Dubai, Abu Dhabi, Riyadh, Doha and Manama. Frequently hiring Indian and regional candidates into the Gulf. See our UAE practice.
Southeast Asia
Singapore and the wider region for regional banking and financial services roles.
Africa
Banking and financial services leadership across East and West Africa, including group financial controller and CFO mandates.
Who We Recruit For in Banking and Financial Services
Your Compliance or Risk Role Keeps Failing at Second Interview
Almost always a framework mismatch. The candidate is technically capable but has never worked under your regulator.
You Need a Relationship Manager With a Transferable Book
Portfolio quality and client transferability are the whole hire, and neither shows on a CV.
You Are Scaling an NBFC or Lending Business
Volume hiring across credit, collections and branch operations, to a consistent standard and on a schedule.
You Are a Fintech Hiring Your First Banking Specialists
You need domain depth your existing team does not have, and candidates who will accept a smaller balance sheet than they are used to.
You Are Hiring Into the Gulf From India
A well-worn route, but one where visa timing, salary expectations and family relocation decide whether the offer holds.
You Need a Confidential Senior Replacement
The incumbent is still in post, and banking is a sector where an open search becomes market intelligence quickly.
The Alliance Advantage in Banking Recruitment
Regulatory Framework Scoping Before We Source:
We establish which regulator’s environment the candidate must have worked under before sourcing, rather than discovering the mismatch at second interview.
Deep BFSI Coverage in India:
India is our largest BFSI market, covering banks, NBFCs, fintechs and financial services firms across every major hub.
The India-to-Gulf Corridor, Run End to End:
Our most common cross-border banking route. We prepare the candidate documents for your work-visa application and stay involved until joining, rather than handing over at offer.
16+ Years, 36+ Countries and 9,000+ Organisations Served:
Cross-border hiring is core business, which matters in a sector where the candidate and the vacancy are frequently in different countries.
Executive Search Depth for Financial Institutions:
Confidential C-suite and senior mandates with blind candidate briefing until you choose to disclose.
Why Choose Alliance as Your Financial and Banking Recruitment Agency
Banking recruitment fails in a specific and repeatable place. Not at sourcing, where candidates are plentiful, but at the second interview, when it emerges that the risk manager has spent a career under a different regulator, or the relationship manager’s book will not travel. Both are knowable in the first ten minutes of a properly scoped brief, and both are routinely missed because the job description does not ask.
That is where our process differs, and it is not a claim about effort. We settle the regulatory environment, the product segment and, for revenue roles, the book question before we source a single candidate. It costs one extra call and removes most of the shortlist attrition that follows.
Our Client Reviews
We needed a senior merchandiser with experience in our product category, but the candidates coming through general recruitment channels were rarely a close fit. Alliance understood the difference and focused the search on people with relevant category and sourcing experience. The shortlist was much more useful, and we filled the role without extending the search.
We were expanding our production operations and needed someone who understood both factory processes and quality requirements. Alliance asked detailed questions about our manufacturing setup before sourcing candidates. The profiles we received were relevant to our environment, and the recruitment process was much easier for our management team.
Our biggest challenge was finding a design professional whose portfolio matched our customer and price point, not just someone with a strong-looking CV. Alliance reviewed candidates against the actual brief and helped us assess the portfolio and technical experience. We hired someone who understood our product from the beginning and fitted well into the team.
Awards
Meet Our Leadership Team
Molly Anderson
Franchise Lead | Recruitment Franchise
Alex George
General Manager | RPO & Enterprise Recruitment
Nikki Miller
Head of Recruitment | Recruitment & Staffing
Frequently Asked Questions
It finds and places staff across banking, financial services and insurance, known in India as BFSI. That spans front office, risk, compliance, operations, treasury and finance leadership. Alliance places permanent employees and also provides contract staff.
Relationship managers, wealth and private banking advisers, credit and risk analysts, compliance and AML specialists, internal audit, treasury, banking operations, trade finance, and finance leadership up to CFO.
Yes. NBFCs and lending businesses are among our highest-volume categories in India, and we recruit banking domain specialists into fintech and digital financial services.
Yes. Alongside permanent placements, we provide contract staff for an agreed term, for projects, regulatory deadlines or interim cover. Tell us the role, the number of people and the term at the scoping call.
We scope which regulator’s framework a candidate must have operated under before sourcing, whether that is RBI, SEBI, DFSA, SAMA, CBUAE or another. Framework mismatch is the most common cause of failed banking shortlists.
Yes. We run confidential senior and C-suite mandates across banking and financial services using a direct approach rather than advertising.
Our fee is a percentage of the hire’s first-year salary, agreed before the search and payable when they start. Regulated senior roles and cross-border hires sit at the higher end.
Shortlist in 10 to 15 working days and an offer within 4 to 6 weeks. Banking notice periods are longer than most sectors, commonly 60 to 90 days at senior level, and cross-border hires add visa processing.
India, the United Arab Emirates and wider Gulf, Singapore and Southeast Asia, and East and West Africa, including cross-border placement between them.
Yes, and it is our most common cross-border banking route. We prepare the candidate documents for your work-visa application and stay involved until joining, rather than stopping at the offer.
Yes. We recruit for insurers as part of our BFSI practice, covering underwriting, claims, actuarial support, risk, compliance and finance roles.
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