It may be freezing cold (in London) or raining (in New York), but theoretically we are on the cusp of spring in the Northern Hemisphere. And with the appearance of the new plant life, it would be nice to think that people might also be able to walk into a new job.
We asked a selection of senior financial services recruiters in London, New York and Hong Kong, which kinds of CVs they’d most like to appear in their inboxes this afternoon. Their answers are below. These are the people who will get hired soonest. Anyone else may have to wait.
1. Top rated oils analysts in London
“Top rated oil analysts are the most placeable people right now in sellside research,” said Zaki Ahmed at London-based Financial Search. “Oil is one of the biggest sectors and there’s a lot of activity going on with one or two big banks and boutiques trying to hire people,” he added – declining to elaborate further.
2. Electronic trading professionals in New York
Michael Karp, chief executive and co-founder of international search firm Options Group said the big push in the US is for, “highly qualified electronic trading professionals, both in fixed income and equities.
“People who know about electronic trading and who can work on algorithms are the ones who are most wanted and respected right now,” Karp added.
3. High yield credit traders in Hong Kong
“There’s demand here for good quality credit guys in high yield,” said Sarah Spencer at search firm Sheffield Haworth in Hong Kong. “Credit in Asia had a very strong finish to 2012 and banks now have more appetite to hire. So far it’s mostly on the trading side,” she added.
4. Basel III modellers in Hong Kong
Mark Verrall, practice director at recruitment firm MRIC in Hong Kong, said that from his perspective the big demand is for Basel Modellers. “Basel III is something that all banks need to comply with, but very few people seem to have experience of modelling it,” said Verrall.
Verrall would particularly like to be sent the CV of a Cantonese-speaking Basel Modeller, who could then work for a local bank. “In that case, I would write myself a cheque,” he told us.
5. Government bond traders in London
A partner at one London-based fixed income search firm who asked not to be named, said she would particularly like to receive CVs from people who can build businesses. “Banks want people who can build P&L in areas that aren’t too capital intensive,” she said. “Within rates, there’s quite a bit going on in government bond trading, particularly in hedge funds,” she added.
6. Proven, high quality, senior M&A bankers in London
Finally, one senior M&A headhunter (who also asked not to be named), said she’s working on 12 searches right now – all of them with a different focus. However, she said banks all have one over-arching preference. “They want people who can demonstrate quality in their CV. It’s not just a question of working at a top institution, they want someone who can demonstrate that they delivered an excellent outcome at that institution. I want to look at a CV and to know that if I start to ask for references for that person, I will be told what an exceptional banker they are,” she said.