Financial Services

//Financial Services
Financial Services 2018-06-04T14:30:39+00:00

There are few industries as heavily regulated as Finance. In the hiring process alone, you have to deal with the FCRA, state laws and EEOC Guidance like everyone else, but then you also get to add in the FDI Act and FINRA Guidances. Add in a shrinking labor market, and you have a complex hiring scenario that truly requires outside help. You need a screening partner that understands your pain points and can help you create a screening program that brings balance and fulfillment to all your needs. That’s where we come in.


Compliance is never as simple as you want it to be. Standard hiring compliance can be difficult; adding the FINRA and FDIC complexities to it just ups the ante. But we’ve got you covered – we understand your unique challenges and we know how to help you.

Finance-Specific Compliance

FDIC and FINRA both expect you to do your due diligence to ensure that your employees meet their standards. Though they don’t provide a precise definition for what is considered due diligence for financial institutions, many organizations have created comprehensive packages that include a fingerprint check and a credit check – two things that are frequently restricted for other industries – alongside ongoing criminal monitoring.

Not only do we provide these services, we provide much needed secondary assistance for these services. For instance, we offer a guide on state and local restrictions on credit history inquiries that details (in part) which states don’t have categorical exemptions for banks and financial institutions. For fingerprinting, we offer disposition perfection, where we locate and report the court disposition information on offenses found on the rap sheet that accompanies a fingerprint based background check. For ongoing criminal monitoring, all you have to do is keep us provided with an updated list of your employees and we’ll check to make sure that your employees continue to meet FDIC and FINRA standards.

General Compliance

It’s your job to understand background screening regulations as they apply to you. It’s our job to help you understand what regulations apply to you and how, and to help you fulfill those regulations. We take this responsibility seriously. Not only do we actively search for and report on a broad range of compliance issues, we issue frequent compliance alerts that help you understand how any changes impact you. Most importantly, we offer a full complement of compliance services.

We make it easy for you to fulfill all your FCRA and state requirements, offering compliant electronic Authorization & Disclosure solutions, as well as a full Adverse Action program, complete with Individualized Assessment. We further provide forms and guides to help you maintain compliance with other hiring Guidances, like the EEOC’s.

Candidate Experience

Candidate experience is truly imperative in industries with a tight labor market. Though candidate experience experts tend to focus on the recruiting process, you really need to minimize the burdens on the applicant throughout the entire hiring process. Each inefficiency within the process, from recruiting to onboarding, is just another opportunity to lose your best candidates.


By integrating with your chosen HRIS, GIS can simplify the background screening process. We can take whatever information the HRIS provides to us to initiate the background check, and ask your applicants to just (electronically!) fill in the gaps using our Applicant Entry Portal.

Turnaround Time

We know that time is of the essence. On average, the final report is delivered to you within 48 hours, with some searches ready instantly. What’s more, by using tools like our Applicant Entry Portal, we get required information from the applicant much quicker, meaning that we can initiate the check earlier and get it done earlier.

Electronic Forms

Every hiring process is rife with forms that must be completed – from the authorization and disclosure for the background check to the Form I-9 for onboarding. GIS provides electronic services for all of these forms, which eases the burden on the applicant and makes them more likely to complete the paperwork.


If you can think of a check, chances are that GIS does it. In particular, some of our most popular services for our finance and banking clients are:

In addition, many GIS clients find value in: