Saving 83% on an Analyst Position: Overseas Hiring Case Study

Introduction

Greenblock Capital, a financial services firm, was facing a common challenge in the world of fast-growing businesses: finding the right talent to manage their critical tasks while staying within a tight budget. For Chris Spencer, the company’s founder, time and resources were stretched thin, especially with the need to manage de al origination, client acquisition, and creating marketing materials and financial models. The cost of hiring onshore talent was high, and finding someone with the right skill set was becoming a roadblock to growth.

That’s when Greenblock Capital turned to EzyRecruiting to help solve these challenges. With EzyRecruiting’s ability to source pre-screened, high-quality offshore talent, Greenblock was able to bring in a skilled analyst who not only reduced costs but also significantly improved the company’s efficiency. Here’s how EzyRecruiting helped Greenblock Capital streamline its operations and deliver results.

The Challenges Faced by Greenblock Capital

Chris Spencer, the founder of Greenblock Capital, had to juggle multiple responsibilities, including client acquisition and deal origination. In the fast-paced world of financial services, time is money, and the company needed to create marketing materials, pitch decks, and financial models for each client. However, dedicating the time and energy to these tasks was taking away from focusing on growth and expanding the business.

Time and Resource Constraints

Greenblock was struggling to keep up with the workload. Without an analyst to handle marketing materials and financial modeling, Spencer had to take on these tasks himself, limiting the time he could devote to client acquisition and deal-making. This bottleneck was holding the company back from taking on new opportunities.

Budget Constraints

Hiring an onshore analyst with the skills necessary to handle complex financial models and marketing materials would have been prohibitively expensive. The cost of local talent, including salaries and benefits, made it difficult for Greenblock to remain competitive while still maintaining profitability.

Need for Specialized Skills

Greenblock needed someone with the expertise to handle financial modeling and marketing for high-stakes deals, but they couldn’t afford to compromise on quality. They needed a skilled analyst to step in and take on these tasks, allowing the company to focus on scaling and growth.

The Solution: How EzyRecruiting Streamlined Hiring

EzyRecruiting quickly became the solution Greenblock Capital needed. They helped source and hire Sachin, an offshore investment banking analyst with the right skills to take over the creation of financial models and marketing materials. Here’s how EzyRecruiting streamlined the hiring process and brought Greenblock the talent they needed.

Sourcing the Right Talent

EzyRecruiting was able to identify Sachin, a highly skilled analyst based overseas. With experience in financial analysis and marketing, Sachin was the perfect fit for the role. EzyRecruiting’s pre-screened candidate pool made the hiring process quick and easy, saving Greenblock the time and effort of going through multiple rounds of interviews and screenings.

Seamless Integration and Support

EzyRecruiting didn’t just stop at finding the right talent. They managed the entire hiring process, onboarding Sachin smoothly and handling payroll management. This meant Greenblock Capital didn’t have to worry about administrative headaches—they could focus on what mattered most: client acquisition and deal origination.

Quick Setup and Execution

Within a short time, Sachin was fully onboarded and delivering results. He was able to jump in and handle the creation of marketing materials and financial models almost immediately, freeing up Chris Spencer to focus on prospecting new deals and managing clients. EzyRecruiting’s fast turnaround ensured Greenblock didn’t miss out on any opportunities due to delays in the hiring process.

The Results: Increased Efficiency and Cost Savings

The results of hiring offshore talent through EzyRecruiting were clear and impressive. Greenblock Capital not only saw an increase in efficiency but also significant cost savings.

Faster Turnaround on Critical Projects

By bringing in Sachin, Greenblock Capital was able to complete critical projects like marketing materials and financial models 60% faster than before. This speed allowed the company to take on more work without sacrificing quality. With more time to focus on business development, Greenblock increased its deal prospecting to three new deals per week—a significant improvement from previous efforts.

Substantial Cost Savings

Perhaps one of the most impressive results of hiring offshore talent was the cost savings. Sachin’s performance was equivalent to that of a fourth-year analyst but at just 17% of the cost. By hiring an offshore analyst, Greenblock was able to maintain the quality of work they needed while dramatically reducing overhead. These savings were reinvested into the business, allowing the company to continue growing without being constrained by expensive local hires.

Quality of Work and Ongoing Impact

The quality of Sachin’s work exceeded expectations. Not only was he able to take over the company’s marketing and financial modeling needs, but he also became a key player in Greenblock Capital’s ongoing success. Sachin eventually served as the lead analyst on a major deal that Greenblock was advising on, proving that offshore talent can deliver the same—if not higher—quality of work than local hires, at a fraction of the cost.

Key Takeaways for Other Businesses

The success Greenblock Capital experienced with EzyRecruiting offers valuable lessons for other businesses considering offshore talent.

Leverage Offshore Talent for Specialized Roles

One of the biggest advantages of hiring offshore talent is the ability to find skilled professionals who meet your specific needs—whether you need someone for financial analysis, marketing, or another specialized role. Greenblock’s success story shows that offshore talent can take on critical roles without sacrificing quality, and at a much lower cost than hiring locally.

Use a Trusted Partner to Simplify Hiring

EzyRecruiting made the entire hiring process seamless for Greenblock. By managing everything from sourcing talent to onboarding and payroll, they allowed Greenblock to focus on business growth instead of getting bogged down in administrative tasks. If you’re considering hiring offshore, partnering with a company like EzyRecruiting can save you time and ensure you’re getting high-quality candidates.

Focus on Results, Not Location

What matters most is the quality and impact of the work, not where your employee is located. Greenblock Capital’s experience proves that you don’t need to hire onshore talent to get excellent results. By focusing on the skills and outcomes that matter most, companies can thrive with offshore employees who are just as capable—if not more so—than their local counterparts.

How EzyRecruiting Can Help Your Business

EzyRecruiting’s expertise goes beyond just sourcing candidates. They provide comprehensive talent solutions that help businesses like Greenblock Capital grow by finding and integrating the right offshore talent.

Comprehensive Talent Solutions

EzyRecruiting offers access to a curated list of pre-screened, qualified candidates from various industries and roles. Whether you need a financial analyst, marketing support, or another specialized role, EzyRecruiting connects you with top-tier talent quickly and efficiently.

Support at Every Step

From sourcing to onboarding and even managing payroll, EzyRecruiting takes care of the details so you can focus on what matters most—growing your business. By partnering with EzyRecruiting, you can ensure that your new hires are seamlessly integrated into your team and ready to contribute from day one.

Proven Results

The success seen by Greenblock Capital is just one example of how EzyRecruiting helps businesses achieve cost savings, increased efficiency, and high-quality results. If you’re looking to scale your business with offshore talent, EzyRecruiting’s services provide the support and expertise you need.

Conclusion: How Greenblock Capital Thrived with Offshore Talent

Greenblock Capital’s journey from struggling with resource constraints to thriving with offshore talent is a testament to the power of partnering with EzyRecruiting. By sourcing skilled talent at a fraction of the cost, Greenblock was able to streamline operations, improve efficiency, and focus on business growth.

If you’re a business owner facing similar challenges—whether it’s managing a heavy workload, finding the right talent, or cutting costs—EzyRecruiting can help. With our comprehensive talent solutions and proven track record of success, you can confidently grow your business with the help of offshore talent.