Recruitment and Selection Process of First Security Islami Bank Limited

Abstract

The report is focused on the recruitment and selection processes as they are practiced by First Security Islami Bank Ltd. (FSIBL). The introduction begins with my understanding of the recruitment and selection process and how the bank treats the overall recruitment and selection process. The field of HRM has changed over the decades. The role of modern managers also changes, requiring today’s organizational leaders to deal with increasingly dynamic and complex environments. Recruitment & Selection is considered as the initial stage of human resource management. It entails a routine step by step strategy to enhance the chances of selecting the right candidates. The report attempted to clarify organizational background by including a brief history, vision, mission, and objectives of the bank. The departmentalization of the bank is constructed along with an organogram of the bank in details. First Security Islami Bank Ltd contributes towards developing a long-term strategic plan to maintain dynamic growth. To be the premier financial institution in the country, First Security Islami Bank makes a positive contribution to society and country.

The primary objective of the report is to examine the overall recruitment and selection process of the First Security Islami Bank. The report also intended to evaluate the differences between the recruitment process of probationary officers and experienced bankers.

The recruitment and selection processes in FSIBL are found to be very systematic. The recruitment process is considered to be one of the core functions of HR Division. The recruitment process in the bank involves identifying ways to attract the potential candidates, screening them, shortlisting and interviewing them, and finally hiring the candidates and coordinating them with the entire ecosystem of the bank. For potential bankers, job postings are posted at bank websites and print media. The applicants provide their CVs for the desired position. For probationary officers, a written test is required and job experience is not required but academic qualifications must be met.

FSIBL has a rich Human Resource Division, which is very well-organized and systematically maintained. As per the Employee Service Rule of the bank, HR practices are handled in a systematic and efficient way.