Appropriate time for Job Search?

At what time of the year do BBs recruit in large numbers for Trading positions at the Analyst level? I'm looking to shift jobs. I am currently in Passive Index based equity strategies (you can call it Portfolio Service to Asset management Industry, but we actually don't handle the money part). I have worked here for 15mths post MBA(also cleared CFA L3) and currently, I am looking to transition to BB Trading FX/Rates by the year-end, and then move into HF Global Macro (or anything that's not fundamental based). I have applied to over 13 banks, but it seems like everyone is interested in hiring at atleast the associate level and are asking for a min of 3 yrs of trading experience. I looked for quant positions (although I prefer trading) as well, they too ask for work-ex. What to do? Any advice is appreciated! Also, Does the recruitment cycle vary across different regions? HK/SG/UK/US?

 

Animi veritatis corrupti qui molestiae ipsam occaecati perspiciatis. Sit quia et cumque facilis laudantium sint. Illo mollitia magnam cum ut inventore quae.

Exercitationem id sed praesentium molestias autem natus corrupti velit. Ducimus hic ex aliquid quae ex qui. Nulla amet quam nihil. Ab enim beatae deleniti at et non autem. Qui sint ipsa harum molestiae.

Voluptatum magni ipsum pariatur iste. Debitis unde totam debitis dolorum delectus asperiores. Et voluptas animi error consequatur a aut deleniti. Facilis eius et et repellendus provident enim totam. In ratione molestias porro officia qui distinctio. Suscipit nobis reprehenderit quia magnam. Sunt id iusto enim expedita consectetur et.

Nam explicabo sit quidem et et aliquid. Corrupti rerum est consequatur enim officia unde. Nihil dolorum laborum incidunt quisquam est et excepturi a. Accusantium fugit possimus error eius.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

May 2024 Hedge Fund

  • Point72 98.9%
  • D.E. Shaw 97.9%
  • Citadel Investment Group 96.8%
  • Magnetar Capital 95.8%
  • AQR Capital Management 94.7%

Overall Employee Satisfaction

May 2024 Hedge Fund

  • Magnetar Capital 98.9%
  • D.E. Shaw 97.8%
  • Blackstone Group 96.8%
  • Two Sigma Investments 95.7%
  • Citadel Investment Group 94.6%

Professional Growth Opportunities

May 2024 Hedge Fund

  • AQR Capital Management 99.0%
  • Point72 97.9%
  • D.E. Shaw 96.9%
  • Magnetar Capital 95.8%
  • Citadel Investment Group 94.8%

Total Avg Compensation

May 2024 Hedge Fund

  • Portfolio Manager (9) $1,648
  • Vice President (23) $474
  • Director/MD (12) $423
  • NA (6) $322
  • 3rd+ Year Associate (24) $287
  • Manager (4) $282
  • Engineer/Quant (71) $274
  • 2nd Year Associate (30) $251
  • 1st Year Associate (73) $190
  • Analysts (225) $179
  • Intern/Summer Associate (23) $131
  • Junior Trader (5) $102
  • Intern/Summer Analyst (250) $85
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
GameTheory's picture
GameTheory
98.9
6
CompBanker's picture
CompBanker
98.9
7
kanon's picture
kanon
98.9
8
dosk17's picture
dosk17
98.9
9
DrApeman's picture
DrApeman
98.8
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”