Apologies if this has already been asked before. Interested only in lateral hires and also please describe the process/number of interviews and with who, thanks!
| +23 | % of pods making 9 figures consistently? | 28 | 3h |
| +9 | Fastest Way to MMHF? | 3 | 39m |
| +6 | Credit HF Guys: How much do you think abt "value" | 7 | 1d |
| +6 | Bad PM | 1 | 15h |
| +4 | Amakor Capital - Who are these guys? | 2 | 3d |
| +3 | culture at citadel macro | 1 | 5d |
| +3 | 4 YOE in ER & 30 years old | 5 | 23h |
| +2 | 2+1 -> Start-up -> Publics? | 1 | 6d |
| +2 | Walleye SA 2027 | 3 | 1d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Based on previous WSO threads, the lateral hiring process for hedge funds can vary, but here are some insights:
Duration:
Process and Interviews:
Initial Screening:
Technical Interviews:
Final Rounds:
Example:
Additional Notes:
This should give you a comprehensive overview of what to expect during the lateral hiring process for hedge funds.
Sources: How long was your lateral process ?, Lateral Hires - What were your interviews like?, Guide to Lateraling in 2021, How long does your research process take?
Depends what level you're at.
If you're at a junior level then you can expect the usual gruelling process of 5+ interviews including a standard online technical assessment along with a potential take home project. Probably takes ~2 months.
If you're at a more senior level and you already have a strategy to bring onboard then the process is much shorter ~3 interviews, however, it really comes down to whether the firm is already running a similar strategy. The overall job search might actually take longer, despite the shorter hiring process.
Depends on the firm/pod. I’ve seen some shops that make a decision in a little as 5 interviews and others take no joke 20+ because they have you meet practically everyone except the janitor. The speed depends on how badly they want you (a function of how quickly someone else might scoop you up), and how urgently they need to fill the position (if they aren’t super committed to filling a role then they’ll slow play you to make sure they really need the spot and that you truly are the best person for this seat). I think the time variance is wider for more senior individuals (ie could be very fast or very slow), but is probably more consistent amongst junior folks.
20+ rounds is often a fake interview. I did it with a bunch of firms a few years ago and half the rounds were strategy fishing sessions. They seemed to have not hired anyone at all when I looked them up more recently.
don't trust the french and highly academic quants
Excuse my ignorance but how is it in their interest to do a fake interview?
Nesciunt quo ad id non voluptatum at facere quibusdam. Eligendi ab omnis repudiandae ipsam.
Architecto reprehenderit rerum praesentium eum. Voluptatem voluptatem placeat reprehenderit et debitis et. Illum et quos neque praesentium perspiciatis.
Quae voluptates consectetur molestiae voluptas. Voluptas ducimus enim deleniti tenetur similique at mollitia. Rerum qui doloremque in dolorem ab. Maxime esse quia ipsum qui et consectetur.
Omnis facilis molestiae itaque mollitia earum unde. Eum fugiat aut voluptatem voluptas. Optio voluptates fugiat aut quo recusandae debitis.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...