Differentiated Ranking by University During Public Recruitment... Financial Security Institute 'Disciplinary Action' (Comprehensive)

Disqualify Eligible Candidates
Pass Applicants Below Criteria in Documents

[Asia Economy Reporter Kim Min-young] The Financial Security Institute was found to have conducted improper procedures during the open recruitment process for new employees by assigning different scores based on the applicants' alma mater, according to the Financial Services Commission's audit results.

According to the comprehensive audit report of the Financial Security Institute released by the FSC on the 25th, the Institute discriminated against applicants based on their alma mater when hiring new employees in 2015.

During the document screening evaluation process, applicants in the general planning field and information security & IT field were divided into three grades (Ga, Na, Da) for domestic universities and two grades (Ga, Da) for foreign universities, with differential scoring applied accordingly.

The evaluation criteria were inconsistent. Although 26 applicants who met the disqualification criteria for their self-introduction letters during the document screening should have been eliminated, all were passed. Among them, one applicant was even passed through the first interview, conducting the screening process in a manner inconsistent with the evaluation standards.

During the self-introduction letter review, the Financial Services Commission stated that the overall grade evaluation was highly inappropriate, as even if an applicant received a ‘Low’ rating in just one individual evaluation item, their overall grade was marked as ‘Low,’ resulting in 18 applicants being rejected.

Additionally, in the 2016 document screening evaluation, eight applicants in the ‘Big Data Analysis and Evaluation’ field and sixteen applicants in the ‘Big Data System Operation’ field received high overall scores but were still rejected.

The final number of successful candidates also differed from the original recruitment plan. During the second interview process, the number of hires in the ‘Big Data Analysis and Evaluation’ field was one less than the initially planned two, while in the ‘Information Security & IT’ field, one more candidate was accepted than the planned eight.

The FSC pointed out that “the number of hires was arbitrarily changed without reasonable cause or basis.”

The FSC imposed a disciplinary action of institutional caution on the Institute, stating, “It is necessary to thoroughly manage recruitment tasks according to personnel management regulations to enhance fairness in future recruitment processes.”

The recruitment officers were also disciplined. Team Leader A, who improperly managed recruitment by differentiating scores by school during the 2015 recruitment and arbitrarily changed the number of successful candidates contrary to the 2016 recruitment plan, received a ‘Request for Accountability’ disciplinary action. Mr. B, the head of the department in charge of new recruitment in 2016, was given a ‘Notification of Personnel Data’ measure to ensure this matter is used as personnel data going forward. Mr. C, the department head responsible during the 2015 recruitment, received a ‘Warning’ disciplinary action.

The Financial Security Institute is a non-profit organization under the FSC, established on April 10, 2015, by integrating the Information Sharing and Analysis Center of the Korea Financial Telecommunications & Clearings Institute and Koscom, as well as the Financial Security Research Institute. It is subject to regular audits by the FSC under civil law, and this audit was conducted for the first time in over three years since May 2016.

This content was produced with the assistance of AI translation services.