Headhunter etiquette in commodities

Currently am a junior at a mid sized ags shop, few YOE. Recently, I’ve been messaged/emailed by headhunters offering to chat regarding “their client” who is a hedge fund looking for new hires and looking to chat about the opportunity.

I’m very comfortable where I’m at - team is cool, pay is nice, still learning a lot, and wouldn’t enjoy working at a place with little to no cash presence/asset footprint, even if I can supposedly retire by 35 if I don’t explode.

Crawling WSO and most of the HH talk I see is with regards to PE guys going after 1st year IBD analysts who are interested in making the switch, but from my end, what’s the usual reply for someone not interested? Do I just say no, or explain why, or just not answer?

 

Depends how busy I am when they reach out. Sometimes I follow up sometimes I just don’t feel like it or forget to. I usually try to hear them out if it’s for a relevant position. Even just to get some color on who’s looking for what in the market and make sure I’m still within or above the range of what’s out there. 

 
Most Helpful

I usually tell them I’m willing to chat but tell them ahead of time that I think the likelihood of me being seriously interested is slim to none. But I find it good to have an intro call now, that way if they’re looking 2 years from now and it’s a shop I might be more interested in they might be more apt to suggest it to me. Honesty both ways and I’ve gotten some decent advice from HHs. Would love feedback if someone thinks I’m going about this wrong

 

This is absolutely the correct response. You never know what is going to happen to you, your shop, the people you work with, etc so taking introductiory calls and having contacts is something everyone should do. 

You will have recruiters that are respectful and understand, stay in contact with them. They are generally the ones that stick around and have good contacts to help you later when/if you need it. You will have recruiters that are pushy and don't listen, tell them to fuck off.

 

Sed quia unde odit fugit modi tempore molestiae. Iste quas eveniet enim blanditiis eaque itaque at vel. Aut ut pariatur voluptas vel fuga aut. Perspiciatis rem beatae qui voluptatibus consequatur. Sed quod repudiandae ab.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (88) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (67) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
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
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
kanon's picture
kanon
98.9
8
CompBanker's picture
CompBanker
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
numi's picture
numi
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...”