Talent Pool

As part of the selection process at Central Bank of Ireland, an unsuccessful candidate who has demonstrated the relevant competencies, experience and overall suitability for a role may be placed in a talent pool, managed by the talent acquisition team, for a period of up to twelve months.

This means that if a role arises in the Central Bank in that twelve month period, the candidate may be offered that role, without the need for their suitability to be reassessed in a full interview process. In order to be added to the talent pool  candidates must achieve an interview score of 70%. Appointment to the talent pool is at the discretion of the hiring manager. 

For candidates, being placed in the talent pool this will enable them to be considered for roles across the organisation generally without needing to engage in the full formal interview process again. This approach can vary slightly at the discretion of the hiring manager.

Upon a new role arising at a later time with the Central Bank of Ireland, a hiring manager may decide they want to review the 'Talent Pool' before activating a full recruitment campaign. They will be able to review all profiles of candidates within the 'Talent Pool' and revert to Talent Acquisition with details of those they would be interested in engaging with. From there, there are 3 approaches the hiring manager can take;

1. An informal talent pool meeting - This is an open conversation with you as a candidate to learn more about your transferable skillset and relevant experience for the role as well as a chance for you to ask to gather more information on this new role and if you to progress in the process. This approach is usually the most common route that hiring managers undertake.
   
   
2. An interview – A structured process whereby the candidate is assessed against the competencies outlined on the job spec for the role in question. A hiring manager may opt for this approach if the interview process is already in place. A talent pooled candidate will be offered the option of being invited into the current open competition.
   
   
3. Offer – A hiring manager can opt to move straight to offer stage without a further meeting or interview. This situation usually arises if the hiring manager has perhaps already interviewed the candidate or is aware of them through other means and is already confident in their ability to undertake the role.

Please note the talent pool is an optional, discretionary step that hiring managers can take prior to advertising a role. If a suitable candidate is not identified on the talent pool or the manager’s preference is to open a competition, then the role will be advertised. Candidates who have been placed on the talent pool are not guaranteed a role with the Central Bank of Ireland and are also encouraged to apply for other roles should they be interested in applying for.