HIGHLIGHTS

Read more

Sign up for our e-newsletter

Read more

Latest labor market information

Finance and Insurance Industry in Spokane

October 21, 2017

 
Regional Workforce Snapshot
Labor Market Information
Fulfilling Demand
Networking Event helps Local Businesses find the Right Talent 

Earlier this year, WorkSource Spokane held a unique hiring event called Take it to the Bank . Seven local banks, credit unions, and insurance agencies with open positions participated in the event at WorkSource for the chance to network with 19 qualified candidates interested in working in the Finance and Insurance sector. Take it to the Bank was organized as a speed networking event, much like speed dating, where participating businesses had the opportunity to interview candidates in eight-minute speed interviews. In total, 133 separate interviews were conducted.
"Great candidate pool," shared Jennifer Little from Numerica Credit Union. "There were six job seekers I met with that I would hire tomorrow.  I gave them all my personal business card." Multiple recruiters mentioned that they had specific candidates in mind for positions they were looking to fill. Kendra Rosman from Travelers Insurance said of the event, "This was way more productive for me in recruiting than anything I could have done in my office."
 
For one candidate the hiring event was especially successful. Michelle Bull  lost  her job the week before the event. She decided to visit WorkSource on the following Monday, where she was told about Take it to the Bank . At the hiring event, Michelle received three separate job offers, and said, "[attending] this was the best decision I could make!"

If you are interested in participating in a speed networking or other targeted hiring event, please contact Kurt Umberger at 509.532.3112 or kuumberger@esd.wa.gov
Progressive Business Focus
New Credential for Credit Analysts 
 
levels associated with extending credit or lending money. In Spokane County, new Credit Analyst jobs have been added at an average annual rate of 2.7% over the last five years. The career pays an average annual wage of $84,000 locally. Although the Spokane area has numerous colleges and universities that provide strong educations in Accounting and Finance, specific workforce credentialing for Credit Analysis proficiency can be hard to find.
w

Numerous banks with a presence in the Pacific Northwest recognize RMA as a credible source of certification, including Washington Trust, Umpqua Bank, Banner Bank, Key Bank, and U.S. Bank. Sartell encourages job seekers who are interested in careers in credit analysis to consider pursuing a certification through RMA. "If I am looking to hire a credit analyst and have a stack of résumés, and see an applicant with no direct analyst experience but has the RMA Credit Essentials Certificate, that person is likely going to the top of my list," she says. "RMA's certificates are evidence that there is a basic, or in some cases advanced, level of knowledge about analyzing commercial customers." 
 
In the coming weeks, the SAWDC will begin releasing Requests for Proposal to identify training vendors that can offer industry-recognized credentials, like the credential described above, for cohorts of WorkSource customers. These classes will be designed to meet the hiring needs of businesses in a variety of industries and occupations, and will focus on filling immediate or acute labor gaps.  
 
about the RMA and how Credit Analyst certifications can validate the skills of the finance and insurance workforce, please contact Stephanie Sartell at 
SAWDC News
SAWDC News
Board Member and Officer Appointments
At the June SAWDC board meeting, Machelle Johnson, Human Resources Director for Pearson Packaging Systems, was elected to a two-year term as chair of the board. An active member of the SAWDC since 2009, most recently Machelle served as chair of the Youth Employment and Career Readiness Network (YECRN). The entire board and staff are grateful for her advocacy and leadership in our organization. Rob Goranson, Chief Financial Officer at Hotstart, is immediate past chair. Dan Evans, Senior Vice President and Client Manager of Global Commercial Banking at Bank of America Merrill Lynch, was elected to serve as Vice Chair. Staci Franz, Human Resources Director of Inland Northwest Health Services, has been elected to serve as the new chair of the Youth Employment and Career Readiness Network. 
 
The following SAWDC board members were also re-elected to serve new three-year terms: 
  • Staci Franz;
  • Rob Goranson;
  • Machelle Johnson;
  • Luis Licea, Site Coordinator and Apprenticeship Coordinator for Northwest Laborers Employers Training Trust;
  • Nancy Nelson, President of Humanix Staffing Services;
  • Hugh Severs, Manager of Mission Delivery at the American Cancer Society, Great West Division; and
  • Robin Toth, Vice President of Business Development at Greater Spokane Incorporated.
The Board also recognized and thanked the following retiring members for their terms of service: Joe Tortorelli, Jeff Benesch, and Craig Dias, business representatives who all served in leadership roles during their terms; and Will Sarett and Dr. Ryan Carstens, both representing education, K-12 and postsecondary, respectively.  
 
Journal of Business Rising Stars
Spokane County Commissioner and SAWDC board member Josh Kerns was named as one of ten up-and-coming Spokane-area business leaders to the Journal of Business 2017 Rising Star list. See the list here
 
National Workforce Development Month
On September 25, the US Senate passed Senate Resolution 267, designating September 2017 National Workforce Development Month. Although it was not official until near the end of the month, there was local support from Mayor Condon and Commissioner Kerns in recognizing the professionals at WorkSource for their hard work and dedication in the field of workforce development. WorkSource held a staff recognition event on September 29, at which Commissioner Kerns spoke and a resolution from Mayor Condon was presented by Jonathan Mallahan, City of Spokane Director of Community & Neighborhood Services Division, on behalf of the Mayor. 
 
SAWDC Innovate
Earlier this month, CEO Mark Mattke attended a convening at MIT in Cambridge, Mass. sponsored by Google and the National Association of Workforce Boards to identify challenges and share promising approaches to lifelong skill-building. Participants included representatives from Google, Accenture, the Aspen Institute, Jobs for the Future, and the Rockefeller Foundation as well as leaders of local workforce boards from seven U.S. metro areas who each led teams to explore collaborative public/private solutions that leverage technology and meet the needs of our fast-changing economy.

 


<< All News    << Back to Newsletters

HIGHLIGHTS

Read more

Sign up for our e-newsletter

Read more

Latest labor market information