Raj Fernando’s Hiring Approach

Once the markets open, the trading floor is always busy and intense. However, the situation experienced in Chopper Trading’s break room is somehow opposite. It is not surprising that in a 3000 square-foot room, you will come across 150 workers of Chopper Trading lifting weights or playing poker games or table tennis. Moreover, after work, Chopper Trading’s employees perhaps take the advantage of the season’s ticket to go out and cheer on the Sox, Cubs, Bulls, and Blackhawks. Raj Fernando, Chopper Tradining’s Chief Operating Officer acknowledges that the nature of the business is always stressful, and therefore embarks on maintaining a pleasant working environment.

When it comes to hiring, Raj Fernando approaches it differently from his competitors. While competitors select 30 potential candidates, subject them to a rigorous screening and training process and pick only three and fires the rest, Raj Fernando’s approach is different. His hiring approach is somehow opposite since it is lengthy and involving. As such, Raj Fernando hires dedicated professionals who probably works for him until their retirement.

Raj Fernando founded Chopper Trading in 2002 and from the onset, he established a rule that would government recruitment process. Under Fernando’s regime, Chopper Trading would focus on the value that an employee would bring to the organization’s brand and reputation but monetary value. As a philanthropist, Fernando supported several charitable organizations such as the Wounded Warrior and the Clinton Foundation.

About Raj Fernando

Raj Fernando is the founder and Chief Executive Officer of Scoutahead. Before establishing Scoutahead, Raj Fernando served as the chief executive officer of Chopper Trading. He attended Beloit College to pursue a post-graduate degree in History and Economics. Furthermore, Raj Fernando would also study business-related courses at London University College. His career started at Chicago Mercantile Exchange as a volunteer staff before his way up as the company’s Chief Executive Officer. Raj Fernando held different positions at the Chicago Mercantile Exchange before being appointed as the board member from 1991 to 2002. After realizing a gap in the capital trade market, Raj Fernando founded Chopper Trading in 2002. In 2004, Raj Fernando left Chicago Mercantile Exchange to concentrate on his businesses and philanthropic activities.

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