S&T Full Time Recruiting

Breaking into a full-time (FT) Sales & Trading (S&T) role in NYC can be challenging, even with a return offer in hand for a different location. Based on the most helpful WSO content, here are some key insights:

1. Limited Openings: FT recruiting in NYC, especially for S&T, is notoriously competitive. Many firms fill the majority of their FT roles through their summer analyst programs, leaving very few spots for external candidates or those looking to switch locations.

2. Networking is Critical: To increase your chances, leverage your network aggressively. Reach out to alumni, mentors, or anyone within the NYC office of your target firms. Having internal advocates can make a significant difference in securing an interview or even creating a spot for you.

3. Prove Your Value: Since you already have a return offer in markets, you need to clearly articulate why you want to switch to NYC and how you can add value to the team there. Highlight any unique skills, experiences, or relationships that make you a strong candidate for the NYC office.

4. Timing and Persistence: FT recruiting often happens on a rolling basis, and openings can be sporadic. Stay persistent, keep an eye on job postings, and be ready to act quickly when opportunities arise.

5. Backup Plans: If NYC doesn’t work out, consider accepting the return offer in your current location and then exploring lateral opportunities after gaining some experience. Lateral moves can sometimes be easier once you’ve proven yourself in a full-time role.

In summary, while it’s tough, your existing return offer gives you a strong foundation. Focus on networking, demonstrating your value, and staying persistent to maximize your chances.

Sources: How to Navigate FT Recruiting: Learn from My Successes/Failures, Is Full-Time/Lateral Recruiting really that hard?, London (Dutch) FT recruiting