Hitting a Wall finding an Analyst Stint in San Francisco
I'm not sure if it's the market or if I'm still too green but I am having a difficult time finding another analyst role. I was an Analyst at a Private Equity Debt Fund. we managed to raise over a billion in originations, but covid blew up our fund and I was laid off by the end of June.
I'm able to land interviews with groups like Starwood Capital, Hines and Vanbarton but all have came back telling me I'm still to new.
How's the job market for you? I am not seeing a lot of open positions? Is it a tough road out there or am I just being inept?
It’s very difficult to find a job if you limit yourself to just SF
How new are you... you started August 2019 and were laid off in April?
yea, laid off in June. Firm could not make Payroll.
https://www.wallstreetoasis.com/forums/is-the-re-job-market-incredibly-competitive-now
Sorry to hear brother. I would take a read through this thread linked above. It’s very competitive out there, and the fact that you’ve landed those interviews / made it fairly far tells me you’re a good candidate who just hasn’t landed anything yet.
Also, if you landed all those interviews in San Francisco, imagine how you’d do if you looked expanded to other cities on the west coast. Imagine if you included the East coast. I think you’re far from toast, you just need to accept that it’s a tough market right now and much harder to “trade up” compared to when we’re in a bull market
I’m in SF and might be hiring, although for 5-10 years experience and a health care finance background
But might also need a good utility player / analyst.
I like having some accounting background.
I'll pm you
It is a tough market, and could easily get worse before it gets better. In fairness, being laid off in the end of June and it now just being the end of August is way too short of a period of time to feel too discouraged. It will take time, mentally just accept it, if it takes six months be mentally prepared (clearly, you can get something tomorrow, but that takes no prep).
I would recommend being strategic if you can, don't just accept anything, but also don't necessarily feel you must do equal/better than the last job. This is an F'd up situation to say the least, if you do take something out of left field, you can probably tact back to your course. People do what they must in markets like this, being too inflexible can lead to bad outcomes.
Good luck!
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