CLEVELAND / April 12, 2011 — Global employment screening provider EmployeeScreenIQ has entered a partnership with BankersOnline.com to provide customized background check services to North America financial institutions.
Jointly developed by the two companies, “Banker Background Check” draws upon EmployeeScreenIQ’s in-depth industry experience. Three levels of screening ensure that an institution fully complies with Federal banking hiring regulations: the robust screening process includes social security number traces, countrywide criminal searches, Federal District criminal record searches, Homeland Security checks, and financial sanctions checks. Higher levels of screening also include pre-employment credit reports, Federal bankruptcy searches and education and employment verifications.
“Our partnership with BankersOnline.com is designed to help financial firms deter theft and embezzlement, as well as help prevent litigation over hiring practices,” said Nick Fishman, chief marketing officer for EmployeeScreenIQ. “An effective background screening process can reduce turnover by verifying an individual’s skills, certification and education prior to a hiring decision. We’re proud to offer our services and expertise to BankersOnlinecom and the financial space.”
“When you consider the costs of retraining or replacing an unqualified employee, it’s easy to see the critical need for background screening services,” said Mary Beth Guard, executive editor of BankersOnline.com. “Additionally, Section 19 of the Federal Deposit Insurance Act prohibits financial institutions from hiring an employee or consultant who has been convicted of a criminal offense involving dishonesty or money laundering without written FDIC consent. Steep financial penalties await those institutions who hire individuals in violation—it’s clear that employment screening is no longer a luxury, but a necessity in the banking industry.”
Founded in 1999, EmployeeScreenIQ is a Cleveland, Ohio-based employment screening company offering a variety of employment screening services to mid- and large-cap organizations throughout the world, including those in North and South America, Europe and East Asia. is accredited by the National Association of Professional Background Screeners (NAPBS), a distinction earned by only one percent of all employment screening companies. For more information, visit www.EmployeeScreen.com.
BankersOnline.com is the banking industry’s compliance, lending, security, operations, marketing, technology and ebanking information channel. With thousands of articles, Q&As, useful tools, and the internet’s most active banking forums, BankersOnline.com is the premier website serving the banking community. Founded in 2000, BankersOnline.com is a joint effort by Glia Group, Inc. and the Bankers Information Network.
Nick Fishman, EmployeeScreenIQ
Fisher Vista for EmployeeScreenIQ
This press release was distributed through PR Web by Human Resources Marketer (HR Marketer: www.HRmarketer.com) on behalf of the company listed above.