How to hire a prospector

How to hire a prospector, step by step

Here's a step-by-step prospector hiring guide:

• Step 1: Identify your hiring needs
• Step 2: Create an ideal candidate profile
• Step 3: Make a budget
• Step 4: Write a prospector job description
• Step 5: Post your job
• Step 6: Interview candidates
• Step 7: Send a job offer and onboard your new prospector
• Step 8: Go through the hiring process checklist

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1. Identify your hiring needs

   The prospector hiring process starts by determining what type of worker you actually need. Certain roles might require a full-time employee, whereas part-time workers or contractors can do others.

   Determine employee vs contractor status

   Is the person you're thinking of hiring a US citizen or green card holder?

   Yes

   No

   You should also consider the ideal background you'd like them a prospector to have before you start to hire. For example, what industry or field would you like them to have experience in, what level of seniority or education does the job require, and how much it'll cost to hire a prospector that fits the bill.

   This list presents prospector salaries for various positions.

   Type of Prospector	Description	Hourly rate
   Prospector	Geoscientists study the physical aspects of the Earth, such as its composition, structure, and processes, to learn about its past, present, and future.	$12-52
   Business Development Representative	A business development representative's role is to find new business and client opportunities through market research and networking. They are primarily responsible for participating in creating strategies to enhance client relations, improve sales, and reach out to potential clients through calls, correspondence, and meetings... Show more	$12-39
   Exploration Geologist	An exploration geologist is an expert in finding mineral deposits that can be extracted using geophysical techniques, such as electromagnetic, gravitational, or seismic methods. They collect samples from test sites to distinguish the depth, quantity, quantity, and type of mineral... Show more	$31-91

   Show more

2. Create an ideal candidate profile

   Common skills:

   • Outbound Calls
   • Lead Generation
   • Foreclosure
   • Cold Calls

   Responsibilities:

   • Develop strong relationships in Bronx community and achieve a solid reputation as a Medicaid seller.
   • Process customer loans in active foreclosure to assist in options on keeping their homes or advise in liquidation options.
   • Communicate errors to appropriate personnel for resolution as necessary to prevent contest or impair foreclosure actions.
   • Account analysis and preparation, assessing customer needs, and preparation of professional sales recommendations tailor to each customer s business.
   • Recognize as a team leader and receive many corporate sales achievement awards.
   • Prospect and generate sales revenue by adding new program residential customers and cross selling and upselling current residential customers.

3. Make a budget

   Including a salary range in your prospector job description is one of the best ways to attract top talent. A prospector can vary based on:

   • Location. For example, prospectors' average salary in arkansas is 53% less than in virginia.
   • Seniority. Entry-level prospectors 77% less than senior-level prospectors.
   • Certifications. A prospector with certifications usually earns a higher salary.
   • Company. Working for an established firm or a new start-up company can make a big difference in a prospector's salary.

   Average prospector salary

   $53,179yearly

   $25.57 hourly rate

   ---

   Entry-level prospector salary

   $25,000 yearly salary

   Updated December 15, 2025

4. Writing a prospector job description

   A prospector job description should include a summary of the role, required skills, and a list of responsibilities. It's also good to include a salary range and the first name of the hiring manager. To help get you started, here's an example of a prospector job description:

   Prospector job description example

   JP Morgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of more than $2 trillion and operations in more than 60 countries. We serve millions of U.S. consumers and many of the world's most prominent corporate, institutional and government clients. We are a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset management and private equity.
   
   The J.P. Morgan Private Bank, which includes both the Ultra High Net Worth and High Net Worth businesses, offers individuals and families personalized, comprehensive financial solutions that integrate sophisticated investment management, capital markets, trust and banking capabilities.
   Latin America
   
   J.P. Morgan Private Bank has more than 160 years of experience helping Latin America's wealthiest individuals, families, foundations and endowments grow, manage and sustain their wealth. We serve clients from more than 20 countries in Latin America and the Caribbean with offices across Latin America, in the United States and in Switzerland, with a total of over 400 employees.
   
   Primary Function:
   
   The Prospector's primary role is new business development, and he/she will grow new client acquisition through a broad knowledge of JPMorgan's robust platform. The Prospector will develop strategies to attract new clients and generate leads of potential new clients. The Prospector will leverage and coordinate across LOB's specialists to provide interdisciplinary expertise for our most complex clients.
   
   Qualifications:
   Ability to develop new business through superior marketing skills Broad knowledge of the Wealth Management business Drive and ambitious with proven sales success including: prospecting, profiling, overcoming objections, negotiation, team selling approach, closing the sale and asking for referrals Experience or demonstrated understanding of investments, banking and fiduciary concepts including, but not limited to: asset allocation on structured portfolios, managed portfolios, brokerage accounts, portfolio reviews, deposit and loan solutions, basic trust and estate products and identification of wealth planning opportunities Connections within Private Banking core client space and professional centers of influence Strong relationship management and team building skills; views team concept as critical to model Self-starter, extremely organized and detailed-oriented with strong commitment to accuracy Ability to multi-task and manage priorities effectively Good judgment and problem solving skills Absolute discretion when dealing with confidential matters Ability to work both independently and as a team player Exceptional follow-up and follow-through skills General comfort level with Internet/Intranet usage and ability to learn proprietary software.
   Requirements :
   Minimum of 8 years of experience in Private Banking working with High Net Worth and/or Ultra High Net Worth individuals and families or related fields within financial services in Central American and Caribbean Excellent interpersonal skills Bachelors degree required; MBA, JD or CFA preferred Series 7 & 66 registration required Bilingual: Spanish / English fluency both oral and written
   
   JPMorgan Chase & Co., one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
   
   We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. In accordance with applicable law, we make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs.
   
   The health and safety of our colleagues, candidates, clients and communities has been a top priority in light of the COVID-19 pandemic. JPMorgan Chase was awarded the "WELL Health-Safety Rating" for all of our 6,200 locations globally based on our operational policies, maintenance protocols, stakeholder engagement and emergency plans to address a post-COVID-19 environment.
   
   As a part of our commitment to health and safety, we have implemented various COVID-related health and safety requirements for our workforce. Employees are expected to follow the Firm's current COVID-19 or other infectious disease health and safety requirements, including local requirements. Requirements include sharing information including your vaccine card in the firm's vaccine record tool, and may include mask wearing. Requirements may change in the future with the evolving public health landscape. JPMorgan Chase will consider accommodation requests as required by applicable law.
   
   Equal Opportunity Employer/Disability/Veterans

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5. Post your job

   There are various strategies that you can use to find the right prospector for your business:

   • Consider promoting from within or recruiting from your existing workforce.
   • Ask for referrals from friends, family members, and current employees.
   • Attend job fairs at local colleges to find candidates who meet your education requirements.
   • Use social media platforms like LinkedIn, Facebook, and Twitter to reach potential job candidates.

   Post your job online:

   • Post your prospector job on Zippia to find and recruit prospector candidates who meet your exact specifications.
   • Use field-specific websites.
   • Post a job on free websites.

6. Interview candidates

   To successfully recruit prospectors, your first interview needs to engage with candidates to learn about their interest in the role and experience in the field. You can go into more detail about the company, the role, and the responsibilities during follow-up interviews.

   You should also ask about candidates' unique skills and talents to see if they match the ideal candidate profile you developed earlier. Candidates good enough for the next step can complete the technical interview.

   The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.

7. Send a job offer and onboard your new prospector

   Once you've selected the best prospector candidate for the job, it's time to write an offer letter. In addition to salary, this letter should include details about the benefits and perks you offer the candidate. Ensuring that your offer is competitive is essential, as qualified candidates may be considering other job opportunities. The candidate may wish to negotiate the terms of the offer, and you should be open to discussion. After you reach an agreement, the final step is formalizing the agreement with a contract.

   You should also follow up with applicants who don't get the job with an email letting them know that you've filled the position.

   To prepare for the new prospector first day, you should share an onboarding schedule with them that covers their first period on the job. You should also quickly complete any necessary paperwork, such as employee action forms and onboarding documents like I-9, benefits enrollment, and federal and state tax forms. Finally, Human Resources must ensure a new employee file is created for internal record keeping.

8. Go through the hiring process checklist

   • Determine employee type (full-time, part-time, contractor, etc.)
   • Submit a job requisition form to the HR department
   • Define job responsibilities and requirements
   • Establish budget and timeline
   • Determine hiring decision makers for the role
   • Write job description
   • Post job on job boards, company website, etc.
   • Promote the job internally
   • Process applications through applicant tracking system
   • Review resumes and cover letters
   • Shortlist candidates for screening
   • Hold phone/virtual interview screening with first round of candidates
   • Conduct in-person interviews with top candidates from first round
   • Score candidates based on weighted criteria (e.g., experience, education, background, cultural fit, skill set, etc.)
   • Conduct background checks on top candidates
   • Check references of top candidates
   • Consult with HR and hiring decision makers on job offer specifics
   • Extend offer to top candidate(s)
   • Receive formal job offer acceptance and signed employment contract
   • Inform other candidates that the position has been filled
   • Set and communicate onboarding schedule to new hire(s)
   • Complete new hire paperwork (i9, benefits enrollment, tax forms, etc.)

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