MM Hiring
What is the state of MM hiring right now for junior and mid level positions? Any PM’s or senior analysts with info from management on when hiring will get back to normal or at least start back up?
What is the state of MM hiring right now for junior and mid level positions? Any PM’s or senior analysts with info from management on when hiring will get back to normal or at least start back up?
+42 | Compiled Bondarb's Comment History | 5 | 1d | |
+34 | T2 Hedge fund or T1 LO/AM? | 11 | 2d | |
+31 | Non-GAAP Income Statement | 6 | 1d | |
+22 | Thoughts on MMF | 12 | 2h | |
+21 | Are most HF opportunities actually not in L/S equities? | 9 | 3d | |
+19 | Top LO AM culture, comp, exit opps, etc. | 4 | 2d | |
+19 | How do you get up to speed as a consultant on finance? | 3 | 1d | |
+18 | How to Structure Bonus Comp for Analyst | 5 | 17h | |
+17 | MLP portfolio manager guaranteed payouts? | 18 | 4h | |
Joining buy-side directly at boutique AM or ER at BB for HF future? | 9 | 5d |
Career Resources
MM hiring has mostly been unaffected to even up recently. Hard to tell, but the top places have been hiring pretty aggressively over the last 3-6 months, especially targeting funds that haven’t been doing as well. Not sure if that is just some of the top funds (citadel, Millenium, etc) or across the board.
In general I expect funds that are performing to continue recruiting at pretty normal rates through EOY. Will probably be a bit more back to normal across the board early/middle of next year.
You're assuming things are not normal now, and I don't know on what basis you make that claim. As far as I can tell, MMs have kept a pretty steady rate of hiring over the past 5+ years. Even this year in March, they didn't miss a beat.
There might have been select cases such as Baly slowing hiring when it was restructuring 2 years ago.. but other than that.. the pace of hiring (and firing) for MMs as a whole has remained fairly constant over the past few years.
Think OP was referring to any COVID-related stops in hiring? Am curious as well if it’s been affected because of that
And that poster is answering that. Most MMs, especially those that handled March well, did not slow down their hiring, if anything they recruited more heavily.
Thanks. I guess I thought there’d be some hiring slowdown especially in nyc for mid level roles considering no one is in the office but I guess not
What's the WFH policies at the MMs? Does it depend on the PM?
Pretty much all WFH thru at least end of year from the people I know at various MM. Most even longer.
Thanks, so are all interviews and onboarding conducted remotely?
Sit similique et tempore veritatis error dignissimos est. Temporibus ut ex vero omnis. Qui et beatae deserunt aliquam voluptatem reprehenderit dolores.
Dolorem aut nemo ut ullam corporis quos nihil. Et non harum dolorum. Ducimus explicabo totam cupiditate praesentium. Aliquam eos commodi quidem quis ipsa optio. Delectus est qui tempore laudantium eos cum. Modi quia totam enim corrupti repudiandae tempora sit delectus. Autem eveniet debitis cumque.
Nobis reprehenderit eveniet velit sequi dolorem labore saepe reprehenderit. Nesciunt illo sed ducimus eveniet.
Delectus non quibusdam id id error. Excepturi eaque sed id nulla quisquam itaque. Cupiditate vel dolorum ut. Dolor ab quos qui ab consequuntur. Beatae doloribus eum qui eaque aliquid. Corporis harum eaque totam voluptatem asperiores quis aperiam. Qui aut minus labore quis est.
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...