It's been a grind for me too. I started applying to new jobs in September and am just now getting invited to interviews. Last week I had to come up with an excuse to get out of work in order to fly to New York for a 5 hour interview with a PE firm. The day after that I had a 9am interview with one bank and at 12:30 I had another panel interview with another bank. This Thursday I have to come up with another excuse to get out of work because I have 2 interviews in the morning and 2 calls with recruiters in the afternoon. Then in the evenings I spend all my time researching the position and studying technical questions. Its been an absolute pain but its what we gotta do to get to where we wanna be.
Honestly not bad. I think a lot of banks want to get talent on board quickly so the interviews haven't been as tough as they were when I was recruiting out of undergrad
I've mostly been applying through LinkedIn and career sites, haven't used a recruiter. Hit rate has been atrocious. I probably applied to 60+ positions since the fall and have only gotten responses from 6 or 7. I had Bank of America last week. Tomorrow I have TD Securities and Wells Fargo. I also applied to a ton of no-name boutiques but without networking aggressively, none of those will probably stick. I have a call with a recruiter from Bridgewater tomorrow but I dont think that's going to go anywhere. Idk if I wanna sell my soul to Ray Dalio
If your bank gives you any excuses to be remote, take it for now. Even being WFH 2-3 days a week is enough to interview - just tell the recruiter that you want to be very discreet and can only take interviews on days you're in the office. That way you're not making excuses to interview every time.
While you're doing this, back off of your work. Just be bottom bucket - don't respond to emails as quickly, take forever to get people deliverables, etc. If something is truly urgent get it done, but really the only way to survive trying to lateral and working is to give working a minimum effort.
Sunt sit sint reprehenderit officia tempore eum. Quod eum et nihil aut laborum velit. Ducimus quo nostrum rerum ex. Sit voluptatum voluptas ipsam magni explicabo. Ea dolore quis omnis est suscipit odit iure laudantium.
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It's been a grind for me too. I started applying to new jobs in September and am just now getting invited to interviews. Last week I had to come up with an excuse to get out of work in order to fly to New York for a 5 hour interview with a PE firm. The day after that I had a 9am interview with one bank and at 12:30 I had another panel interview with another bank. This Thursday I have to come up with another excuse to get out of work because I have 2 interviews in the morning and 2 calls with recruiters in the afternoon. Then in the evenings I spend all my time researching the position and studying technical questions. Its been an absolute pain but its what we gotta do to get to where we wanna be.
How have the Ib technicals been? I’m thinking of lateraling and curious how bad the technicals will be.
Honestly not bad. I think a lot of banks want to get talent on board quickly so the interviews haven't been as tough as they were when I was recruiting out of undergrad
Have you just been applying or going through a recruiter? What’s your hit rate been for first round invites?
I've mostly been applying through LinkedIn and career sites, haven't used a recruiter. Hit rate has been atrocious. I probably applied to 60+ positions since the fall and have only gotten responses from 6 or 7. I had Bank of America last week. Tomorrow I have TD Securities and Wells Fargo. I also applied to a ton of no-name boutiques but without networking aggressively, none of those will probably stick. I have a call with a recruiter from Bridgewater tomorrow but I dont think that's going to go anywhere. Idk if I wanna sell my soul to Ray Dalio
Are you at a known bank now or a regional boutique?
Right now I'm at a no-name sweatshop
If your bank gives you any excuses to be remote, take it for now. Even being WFH 2-3 days a week is enough to interview - just tell the recruiter that you want to be very discreet and can only take interviews on days you're in the office. That way you're not making excuses to interview every time.
While you're doing this, back off of your work. Just be bottom bucket - don't respond to emails as quickly, take forever to get people deliverables, etc. If something is truly urgent get it done, but really the only way to survive trying to lateral and working is to give working a minimum effort.
Sunt sit sint reprehenderit officia tempore eum. Quod eum et nihil aut laborum velit. Ducimus quo nostrum rerum ex. Sit voluptatum voluptas ipsam magni explicabo. Ea dolore quis omnis est suscipit odit iure laudantium.
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