Saw Jefferies Toronto post roles for their Analyst and Associate positions on LinkedIn this week. I’m curious if anyone has insight on whether they’re going to hire summer analysts in the upcoming recruitment cycle?
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Will ask the recruiter and let you know if I get an interview.
They're hiring for SA 24
What are people’s assessment of the firm? Usually how long does it take a new firm to get it off the ground? And how likely are they going to have significant deal flow in the first couple of years?
Jefferies is purposefully hiring during slow activity, part of the reason it got to snatch some senior Barclays bankers.
Firm is getting more traction in recent years as it has been growing aggressively. But from everyone I talked to, is a total sweatshop across the globe.
In terms of Canadian deal flow, should start getting some deals - given senior bankers - when broader activity resumes.
Might take a few years to build some Canadian reputation and robust deal-flow though. Look at how Lazard closed its Canadian shop this year.
Jefferies is hiring SA for 2024 right now. Just saw it on the school job board.
New shop that poached a bunch of talent from Barclays Toronto (RIP).
I've heard Jefferies is an absolute sweatshop with braindead associates that crush analysts, however, that reputation stems from the US where post-MBA associates are more commonplace. Given this is an entirely new shop in Canada that is starting fresh (without the post-MBA assoc. problem - it's just not a thing in Canada), we should all be cautious applying its reputation to this satellite office (in a new country no less - satellites typically have more autonomy).
FWIW Barclays Toronto used to crush juniors hard as well - not implying the poach will lead to a similar result but food for thought nonetheless
Any updates on SA process?
bump
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