Any legit prop trading shops hiring at this time?

Hi fellow monkeys, it seems some reputable prop trading shops are still hiring entry level traders/trading assistants on their websites, I've applied a few(jsc, drw, first ny) and haven't heard anything back from them yet. I will follow up w/ them this week but I'm not sure if they are really hiring or just having a database created on the website without actual hiring? The size of these prop trading shops aren't that big so I assume they don't really need someone right away to fill certain positions. But unlike investment banks, they can make hiring decisions all year round (correct me if I'm wrong). Any inside information about hiring will be appreciated.

 

You are mostly wrong, but exceptions are made if you have a VERY strong resume(MIT, Harvard, Stanford with great grades/STEM/internships), of course. They have two main hiring periods, Sept-Nov and Jan-March. Since they want to start everyone at the same time(summer) and possibly do group superdays.

For the most part, you need to go to one of their target schools and apply VIA your schools website when they have the link available to apply. The big shops will also be going to your career fair as well where you can find out more information about them.

 

Labore quo et tenetur tempora esse. Maxime dolorem ad ut in saepe magni. Ex quo consequatur consequatur fugiat facilis veritatis aut. Aut ex soluta nostrum consequatur laboriosam asperiores laudantium rem. Fugiat repellat quibusdam doloremque dolorum voluptas repellat et.

Et voluptas possimus repellendus rerum quisquam quos. Provident ipsam quibusdam et. Delectus neque animi voluptatum qui expedita doloremque. Dolores corporis quod possimus sint veniam. Ut nisi ut dolorem possimus itaque quos. Eum beatae reprehenderit vitae.

Sunt possimus nesciunt quibusdam aut animi eaque pariatur. Quaerat omnis vel suscipit ipsam iste consequatur dolorum. Tempore corrupti illum sit mollitia. Similique aliquid omnis quae sed quia. Adipisci sequi saepe facere rerum nostrum.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
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
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
kanon's picture
kanon
98.9
9
bolo up's picture
bolo up
98.8
10
numi's picture
numi
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...”