Finding Top Tier Banking Analysts w/o Using a HH

Hi All -

I've spent the last 15 years as a PM working at 3 brand name hedge funds. Trying to find an A++ analyst to join my team (ideally after 1-5 years in IBD at a top tier bank).

New firm has a strong bias against headhunters which is how I've always found analysts in the past.

Won't go into specifics here, but looking for advice on how to reach top-tier IBD analysts in other ways.

Location is NYC. Start date is ASAP (assuming we are back to work and have met face-to-face post-reopening).

 
Most Helpful

we have a talent sourcing arm exactly for this and we are about ~50% less than traditional headhunters (with about 10x the reach if not more).

It's mind boggling to me that we aren't flooded with jobs, but that is because we are horrible at marketing ourselves and the service. Hit me up and I'll send you a deck (WallStreetOasis.com>[email protected]). If it looks interesting great. If not, no pressure.

I think WSO is a nice middleground from the high end option of full service recruiting shops that will host cocktail hrs for you but charge crazy retainer and success fees and the budget option that has poor yield of posting jobs on LinkedIn and asking a few referrals.

Hope to hear from you, Patrick

 

Do you have contacts at any of the top banks? I’d reach out and try to find the best analysts that way. Would be more effective than 1 to 1. Though, typically the best analysts, with very few exceptions, have already accepted private equity or hedge fund jobs within the first year.

Maybe also look at PE associates who are in defined 2 year and out programs?

 

University career services could be a helpful. A lot of my former professors will send out job opportunities from former students. Maybe if you focus on a handful of top schools (Wharton etc.) to see what you get.

 

post on the JOBS function of bloomberg, create the job listing on LinkedIn itself under your actual HF's name (otherwise no one will be interested) and use your personal network.

 

As I'm sure you're aware it's tough to know who's an actual superstar and who got lucky with staffings just based off resume, so not sure if posting on LinkedIn / JOBS like other posters suggested will do you any good.

Really the best way is asking those who recently came from banking. That's how HHs find their candidates too – they email the analysts/associates who already have offers asking for the contacts of the superstar incoming analysts. Asking juniors at your fund for their contacts across banks should get you some solid candidates. Even if they don't know anyone directly, they can forward the message to their buddies from college working at EVR MS etc..

 

Probably anybody on WSO has a network of younger college buddies that they can reach out to, or they can reach out to their fellow analysts. Feel free to PM me and I can let my network know.

Otherwise if you just reach out to your network at banks that could be OK, but understand the sensitivity that they are not going to hand over their best junior bankers. Another thing to consider is that the best people on paper will already have offers (~1.5 years out), so you will need to be patient with interviewing more people.

 

Unless you’re tied to someone with IBD experience, Columbia’s value investing program has many talents I believe

 

Explicabo laudantium inventore facere et sint. Qui aut quos incidunt at optio. Sed praesentium possimus quibusdam ab optio. Molestiae molestiae est sequi.

In voluptatem beatae non reiciendis minus delectus. Suscipit quia officia distinctio esse. Vitae nihil quam nisi occaecati est quae dolorem. Quas fugit hic rerum magnam exercitationem ducimus.

Aspernatur voluptas iste pariatur. Optio non recusandae rerum sunt ab tenetur et.

 

Dignissimos odio ut sed vel. Voluptas quod omnis impedit accusamus recusandae omnis. Earum accusamus omnis iste non beatae.

Et facilis dolorum iusto accusantium. Ut nisi corporis eum consequatur perspiciatis totam. Aliquid facilis occaecati nesciunt.

Perspiciatis voluptatem architecto eligendi aliquam. Harum quaerat a omnis deleniti accusamus placeat quia.

Atque voluptatum debitis nam dolorum. Rerum consequatur tempora quam in. Voluptate illum quaerat maxime. Rerum nihil et corrupti est error id.

Career Advancement Opportunities

March 2024 Hedge Fund

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

Overall Employee Satisfaction

March 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

March 2024 Hedge Fund

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

Total Avg Compensation

March 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 (22) $131
  • Junior Trader (5) $102
  • Intern/Summer Analyst (249) $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
dosk17's picture
dosk17
98.9
6
DrApeman's picture
DrApeman
98.9
7
kanon's picture
kanon
98.9
8
CompBanker's picture
CompBanker
98.9
9
GameTheory's picture
GameTheory
98.9
10
Jamoldo's picture
Jamoldo
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...”