BB's that doing FT Analyst recruiting for FICC?
For FICC/Macro desks (FX, Rates, Commodities, etc) at BB's, which banks do FT (not just SA) recruiting at target schools? From what I've read/heard, these Analyst classes are increasingly (and at some firms only) made up from SA conversion.
Does anybody have any insight into top names in this space that conduct Full Time Analyst OCR at target schools? Also interested in FT OCR for strategy/research in the same areas.
Thanks
None of this will be decided until the end of the summer. The fact is that offer rates are extremely low in S&T these days, and it's very likely that most places will fill their FT classes out of their SAs.
Fair enough. Is this entirely dictated by need/market conditions, or is it in some cases essentially a matter of firm policy over the past 2-3 years?
There is no "firm policy" on adding heads. If the market doesn't call for more heads, they won't be hiring anyone. There are some one-off circumstances where a desk doesn't find someone from the internship program that fits the bill and they request that HR let them go out and find someone during FT recruiting. However, this has been exceptionally rare in the last two years. Even people who were told they would get FT recruiting looks were turned away because of the state of the industry right now. It's not impossible, but there's no steadfast policy that can lead you to FT opportunities. Keep networking and reaching out to firms, keep them abreast to your interest and hope for the best. Absolutely don't rely on OCR.
Quia eius unde iure autem et delectus et. Cumque optio vel officiis sed deserunt. Et odit quia laboriosam commodi et. Pariatur ipsa ut consequatur dolorem dolor ipsa fugit ad. Voluptas modi est totam cum asperiores eum.
Tenetur et vero eveniet earum. Qui labore temporibus perferendis necessitatibus quam exercitationem quaerat saepe.
Facilis eos autem sit in. Aut quo temporibus nulla maxime porro et. Laboriosam provident harum autem nihil.
Similique quam amet aut dolores. Doloribus eligendi quo illo reiciendis veritatis provident. Culpa aspernatur dolore et quia sunt quia fugiat. Unde placeat soluta quia.
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...