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Six tips for structuring your CV when applying for jobs in Saudi
Comparatively speaking, the Saudi Arabia financial services job market is smoking. While other areas of the GCC are still reeling from redundancies, both international and local firms are talking up expansion plans in the kingdom. As we’ve noted before, new localisation pushes mean that firms are even less likely to consider expats for roles than [...]
eFinancialCareers Q&A: The key differences between Arabs and Westerners that bankers absolutely must be aware of
If you’re applying for jobs in the UAE, doing business in the UAE, or simply meeting clients and colleagues from the UAE, then be aware: there is potential for significant cultural misunderstanding. Jeremy Williams, a former British diplomat and author on culture in the Middle East highlights the dangers. What are the 6 main mistakes [...]
Q&A: A credit trader explains why the best of his breed are a polished, charismatic, tenacious, combination of lawyers, accountants and risk managers
We spoke to a seasoned credit trader about what life is really like in his chosen profession. This is what he told us. Q: How long have you been a credit trader? A: I started in credit trading after the bank’s graduate analyst 10-week bootcamp (which started a month following the end of my undergraduate [...]
If you want to work for an international bank in the Gulf this year, move to Saudi
There’s a message coming out of a number of international banks when it comes to their presence in Saudi Arabia – it’s time to expand. We’ve pointed to the fact that the likes of Nomura and BNP Paribas are expanding in the kingdom, and now other firms are talking about recruitment. Firstly, there’s Barclays’ wealth [...]
GUEST COMMENT: In 2010, I accepted a comparatively low-paying job in Kuwait, but it’s worked out well. Here’s why
I took a job in one of the hardest hit areas of the Middle East financial sector at the height of the crisis and have managed to secure a 60% pay increase during my first 18 months in the role. Doing the same yourself is relatively simple – all it really takes is a change [...]
An illuminating Q&A with an ex-Goldman Sachs quant from Russia, who warns: think before you go into banking
How do you get hired by Goldman Sachs? How do you get a transfer from Goldman Sachs’ Moscow to its London office? What gets you noticed during job interviews? An ex-Goldman employee who’s worked in Moscow and in London offers his advice – and a warning. Q: How did you get hired by Goldman? While [...]
A simple graph illustrating why it is that your sales or trading job will be safe at JPMorgan
It’s not that JPMorgan doesn’t make redundancies. In Q1, it let 292 people go from its investment bank. However, JPMorgan seems less prone to big headcount cuts than its rivals. Since the end of 201, it has reduced headcount at its investment bank by 607 people and steadfastly refused to announce any bigger cuts. Goldman [...]
GUEST COMMENT: The parable of the Great Analyst Cull of 2002-2003
Listen carefully, for I am going to tell you a tale: the tale of the Great Analyst Cull of 2002-2003. It is a parable of brutal culling, followed by years of dry pitching, followed bounteous riches. It may offer sustenance in the horrid years ahead. For those without the folk memory of the Great Cull, [...]
Q&A: Dan Azzi, regional head of global markets and co-head of wholesale banking, MENAP, Standard Chartered Bank
To look at Dan Azzi’s CV you’d assume he’s an all-American guy. He has an MBA from Columbia University and served as a major in the US Marine Corps before entering the financial sector. Prior to joining Standard Chartered Bank, he worked at Bear Stearns, which is eponymous with Wall Street, and also spent seven [...]
Arguably the safest banks to work for in Middle Eastern M&A and DCM
The volume of debt capital markets (DCM) deals in the Middle East has been steadily increasing for some time now, but investment banks have still largely been reluctant to increase their headcount in this area. This could change if the current surge in activity continues. In the first quarter of 2012 debt issuance in the [...]
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