side-hustle for bankers?
Mercor is recruiting U.S./UK/Canada/Europe/Singapore/Dubai/Australia-based Investment Banking or Private Equity Experts for a research project with a leading foundational model AI lab.
You are a good fit if you:
- Have at least 2 years of experience working at top firms in investment banking or private equity with deal experience (academic experience does not count, must be on desk)
Here are more details about the role:
- The work is fully asynchronous and can be done around your schedule
- You will be building financial models from scratch that would be reflective of what you did on desk
- This contract is till end of January (with the possibility of extension)
- Successful contributions increase the odds that you are selected on future projects with Mercor
- The vetting process involves:
- ~10 minute behavioral interview asking about previous deals you’ve worked on
- Technical assessment ( 30 minutes) evaluating financial expertise
With respect to pay and legal status:
- This role will pay $150/hour
- We will pay you out at the end of each week via Stripe Connect based on the number of hours you log
- You will be classified as an “at-will” contractor to Mercor
- Please note that we cannot currently support H1-B or STEM OPT status candidates
We consider all qualified applicants without regard to legally protected characteristics and provide reasonable accommodations upon request.
>>>>>> APPLY HERE
Based on the most helpful WSO content, this opportunity with Mercor seems like a great side hustle for investment bankers or private equity professionals who meet the criteria. Here’s a quick breakdown of the key points:
Why It’s a Good Fit:
Key Requirements:
Vetting Process:
Important Notes:
If you meet the criteria and are interested, this could be a lucrative and flexible way to leverage your skills. Make sure to apply promptly as opportunities like this tend to fill up quickly!
Sources: Makena Capital, Future of Equity Research - 12+ Months into MIFID II, Preparing for the HF informational interview, Need to bang out Argus, how long will the certification take
How can you reasonably expect 20 hours a week from IB/PE professionals?
This would also likely be in violation of most IB employment agreements, not to mention that I don't know any analysts/associates that have this level of bandwidth.
get outta here clanker
screw you lmao - these ai models are buns
Training AIs to do modelling which would then put them out of a job?
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