Is it true that many jobs in finance are only posted internally?

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Not sure about finance but in general if the hiring manager have people they’re interested in internally they likely reach out to them first.

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I’ve heard some firms are forced to post externally and will even interview a few people despite knowing they have an internal candidate in mind

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this is really good to know, thanks!

I can affirm that this is true but it usually is for slightly more senior roles

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