The Pitfalls of Using AI in Your Job Search: What Finance Professionals Need to Know
AI is reshaping how people search for jobs. From CV writing to interview practice, it’s become a common feature in a candidate’s toolkit. But if you work in finance, where judgement, trust, and detail still matter just as much as ever, AI can sometimes create more problems than it solves.
At Exchange Street, we speak to finance professionals every day who are unsure how far to rely on AI. If that sounds familiar, here are a few things to watch out for.
You still need a human touch
AI tools can make your CV look clean and keyword-rich, but there’s a point where automation becomes obvious. Many hiring managers we speak to can spot a CV built entirely by AI. It might be technically correct, but it often lacks individuality.
This is especially important in finance. The roles are nuanced, and your CV needs to reflect the depth of your experience, whether that’s in compliance, reporting, or client management. As UK CV experts have noted, overuse of AI can strip out the qualities that make your application stand out.
Job matches can be misleading
We’ve seen AI tools suggest roles that sound right but feel wrong. Titles like “analyst” vary hugely across finance, and most platforms don’t pick up on that nuance.
According to recent findings from UK recruitment research, some AI platforms regularly misclassify candidates with niche or technical backgrounds, particularly in fintech and ESG. It’s always worth reviewing suggested roles carefully and trusting your instincts.
Think twice about data privacy
Uploading your CV or linking your profile to AI platforms might seem harmless, but be aware of what you’re sharing. Some tools gather far more information than you realise.
In March, the ICO issued a warning to AI-driven job platforms about poor data handling. In a sector like finance, where confidentiality is essential, that’s a serious concern.
AI interviews aren’t always realistic
We’re big believers in preparation, but AI-generated mock interviews can miss the mark. A finance interview is rarely just about technical questions. It often includes real-world scenarios and judgement-based discussions.
As highlighted by LinkedIn Talent Insights UK, candidates who used only AI tools to prepare were less likely to succeed in final interviews. It’s a helpful support, but not a replacement for industry-specific coaching.
Human qualities still matter
As automation increases, so does the value of the human skills that AI can’t replicate. Hiring managers continue to look for curiosity, communication, and the ability to build trust.
A recent PwC UK report confirms this. Three out of four employers say they still prioritise soft skills and cultural fit over technical accuracy. In our experience, that rings true across all areas of finance.
Our take? Use AI, but stay in control
There’s no doubt AI can speed up your job search, but it shouldn’t take it over. Use it to guide and support your applications, but combine that with your own insight and professional judgement.
In a field like finance, where detail, trust, and adaptability are everything, staying in control of your process is what really makes the difference.
Want to talk it through?
Whether you're exploring your next move, navigating tech-enhanced hiring, or just want another set of eyes on your CV, we’re here to help. At Exchange Street, we work closely with professionals across the UK financial sector to help them combine tech with a clear strategy.
Get in touch with us for personalised support that puts your career goals first.