Reaching out to recruiters - what am I doing wrong?
Hi all,
I'm currently a senior equity research associate at a large mutual fund family on the west coast. I've been at my role since 2020, out of college, and I'm going to be leaving mid-to-late this year and am looking for other equity research roles (ideally at a single-manager) as an analyst. Over the past few weeks, I've been in conversation with a couple of the recruiting firms that reach out to people at my firm regularly, but nothing has come of it. I sent my resume to about 4 buy-side firms and they haven't gotten back on my resume or don't want to do an interview. That doesn't really bother me because I know the expressing interest to securing interview conversion rate is not super high.
Over the past week, I pivoted to reaching out to alternate recruiting firms that are said to have a better reputation and so far....crickets (except for one firm that I’ll speak with on Monday). I'm talking about firms like Henkel, Amity, etc. I send an email to a recruiter at each of these firms with my resume attached, a nice intro, a couple sentences about my role and what I'm looking for, and ask if they have time for a quick call to discuss any opportunities they have. I've yet to hear back from all but one of the 8 or so firms I reached out to. I usually send a follow-up email 24 hours after my first one, and I haven't heard anything back on those follow-ups either. On Friday, I switched to sending a fresh email to a different person at some of the firms and didn't hear back either. I usually send the emails early in the morning PST so they have all day to respond, since many are on the east coast.
I don't know what I'm doing wrong and I'd like to get some advice. I know I come from a great firm with a great reputation, I went to an Ivy, I got feedback on my resume and I've heard it’s well-written, I had good internships prior to my current role. I send polite emails and say please and thank you. But these people won't even acknowledge me. Isn't it in their best interest to at least respond? Some of them will accept my LInkedIn request on one day, then won’t respond to my emails the next day and the day after.
I’m honestly getting quite depressed and stressed out about all this. I care a lot about my job and I care about investing. Recruiting stresses me out so much and I know it’s a brutal process. If I can’t even get a recruiter to respond to an email, then how am I going to send my resume out to firms, let alone get initial interviews, let alone get to final round interviews and case studies, let alone find a job?
My primary questions are: (1) Am I doing something wrong with the way I’m approaching this? (2) Is it a good idea to now pivot to reaching out to other people at the same firm? (3) I send my emails out through Gmail. Is that the issue? Should I send them from my work email? I would really appreciate any and all advice you guys have. Thanks!
Ah, the jungle of job hunting can indeed be a wild and frustrating one, but fear not! Based on the most helpful WSO content and insights from the Wall Street Oasis community, let's tackle your concerns one by one:
Approach to Reaching Out to Recruiters:
Pivoting to Other People at the Same Firm:
Using Gmail vs. Work Email:
Additional Tips: - Timing of Emails: You mentioned sending emails early in the morning PST. Considering many recruiters are on the East Coast, you're on the right track. However, based on WSO discussions, sending emails between 10 and 11am on Monday through Thursday might increase your chances of getting a response, as it avoids the Monday morning rush and the Friday wind-down. - Personalization and Research: Make sure each email is personalized to the recipient and shows that you've done your homework about their firm. A generic email is easier to ignore than one that mentions specific reasons why you're interested in their firm or how your background aligns with their typical placements. - Networking Beyond Recruiters: While recruiters are valuable, don't forget to leverage your own network. Reach out to alumni, former colleagues, or anyone in your target industry for informational interviews. Sometimes, a direct connection can open doors more effectively than going through a recruiter.
Remember, the job search is a marathon, not a sprint. It's natural to feel stressed, but persistence and a strategic approach will pay off. Keep refining your strategy, stay positive, and don't hesitate to lean on your network for support and advice. Good luck, and may the job hunt gods be in your favor!
Sources: Tips for Conversations with Recruiters, Want to get me on the phone? Here's how - a networking overview., My PE Recruiting Process, Non-Target Recruiting Guide Part I: Resume and Networking, When to call PE recruiting quits?
I was also from a non traditional background for these recruiters (went straight to an HF, no IB program). I emailed the same bunch of recruiters mentioned on the site, and all except a couple eventually got back to me. Keep in mind this was also during 2021-2022 when the job mkt was way better than this one, so I was lucky with timing to get on their radar. Just have some patience and they will get back to you. If not, followup after a week. 24hrs is too short imo especially in a slow mkt. Gmail is fine. I used personal gmail too. Some also have a portal you could sign up for so you can do that too
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