Tag: Top tier
Forget employer brand, some banks have been doing the UNTHINKABLE
A rubicon has been crossed. There is a rule of redundancies and it usually goes like this: chop whosoever you like as long as they were not recently hired from a university or MBA school. The latter is a no-no because it’s deemed counterproductive and long-term detrimental: if you eliminate ex-students who’ve only just been [...]
The really bad news about this year’s summer internships in investment banks and what you can do about it
I’m one of the lucky ones. I was fortunate enough to spend last summer interning in a front office role in a top tier investment bank and to receive a job offer at the end of it. I’m now helping them recruit their summer interns for 2012 and have a firsthand view on just how [...]
XENIA TCHOUMITCHEVA: A survival kit for a woman starting in investment banking
Young girls who’ve achieved the best grades from the highest-rated universities are walking into jobs in all the top tier banks and corporates. They are attracted by work that is challenging and prestigious and that holds the promise of generous rewards. They aren’t afraid of the long hours, of the numerous statistics that prove women [...]
Seven CVs that will get you a new job in the front office tomorrow
How can you get a new job in front office investment banking when the world is full of redundancy talk and bonus pool protection and even JPMorgan is saying third quarter markets revenues will be down 30%? Answer: you need the right sort of CV. We asked seven headhunters to specify the sorts of CVs [...]
GUEST COMMENT: If you want an aggressive bonus, join a brokerage house
Given the low levels of activity in the equities market this year, top tier investment banks aren’t increasing headcount in equity sales and trading – if anything they’re reducing it. This doesn’t mean, however, that there are no opportunities on offer in the market. While the big banks may not be hiring, the smaller European [...]
London Business School’s latest CV book demonstrates just how challenging it is to get a good investment banking job these days
London Business School has issued a CV book for its students who aspire to work in investment banking. There are 75 of them, studying everything from the Masters in Finance, to the Executive MBA, to the Masters in Management to the straightforward MBA. Each is paying anything from 24k for the Masters in Management, to [...]
Volume recruitment makes a comeback in leveraged finance, allegedly
How hot is leveraged finance recruitment? Very boiling, according to some recruiters- but this is at the junior end. “Pretty much every team is looking for analysts and associates to work in leveraged finance right now,” says Adam Cairns at recruitment firm Arkesden Partners Limited. “Everyone seems to be hiring – it’s the mid tier [...]
The new hot risk role for 2011: Regulatory capital management
Managing a relationship with the FSA while also driving a bank’s strategy on regulatory capital requirements might not sound like the most exciting role, but it’s one that’s quickly heating up in 2011. Both retail banks and investment banks are hiring regulatory capital expertise to sit in their risk teams, liaise with the regulator and [...]
Citigroup is right now in the market for a large number of junior M&A bankers
Citigroup is supposed to be one of this year’s really big hirers. Having lost 14% of its European headcount between 2007 and 2009, it’s expected to compensate with a rush of recruitment in 2011. That rush may have started. Last week, Citi said it wanted as many as 20 senior corporate and investment bankers in [...]
Are Chinese candidates far superior?
If you’re running a team, particularly in the unforgiving environment that is financial services, the last thing you probably want is someone who needs constant reassurance, is happy with mediocrity and has spent his or her time in education partying and participating in sporting activities rather than obtaining deep expertise in an area of maths [...]
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