Behaviour in Finance?

Last night at 12:30am I was inspired to write about how temperament plays an important part in determining an individuals probability of success on the job. 

This morning at 4:35am while reading how a major financial institution fired its analyst last week on Thursday I couldn't help noticing:

They also come at a time when there is a focus on behavior in finance and the treatment of the most junior bankers on Wall Street

This takes me back to 16th September 2011 when City of London Police charged another individual with fraud by abuse of position and false accounting.

"(This) is a staggering demonstration that all the clever systems that the banks now have, especially after the financial crisis, still cannot stop a determined individual getting round them if they want to," said Chris Roebuck, Visiting Professor at Cass Business School in London.

So why do banks recruit these gamblers in the first place?

"What I have observed is a big emphasis in banks on technical competence - high cognitive ability or IQ," says Mr Curnier.

"When it comes to EQ [Emotional Quotient], my sense is that people are not spending a lot of time focusing on that."

Is your recruitment process more techno centric or temperament centric? How are you creating behavioral benchmarks and measuring applicants against them?