Silver Point FT Recruitment

Currently an incoming summer at a top RX shop, was wondering if anyone had any insight into the recruitment process for silver point and if it's worthwhile to go specialized buyside at such an early age. On the one hand, it would be sick to work there especially in the current environment, on the other hand I still want to be able to get drunk with friends and mess around a bit in my 20s.

Comments (10)

  • Analyst 1 in IB - Gen
May 1, 2020 - 11:25am

They take recruit VERY selectively for FT analysts from top targets. Like H/W or network really hard. Very technical, case-based interview process.

Definitely a great entryway into distressed, but I've heard bad things about the culture and I'm sure starting out in Greenwich is not ideal for the lifestyle u wanted

  • Analyst 1 in IB - Gen
May 1, 2020 - 4:07pm

in previous years they've ran the FT and SA processes concurrently over the summer with info sessions and a pitch competition over the academic year. Again, a very closed and selective process. Unsure if they open up to any other schools besides H/W at the undergrad level.

  • Prospect in IB-M&A
May 1, 2020 - 1:54pm

dude if you go to a top RX banking job out of college, chances are that you're not gonna have much time to mess around with ur friends and get drunk that often either lol....

Most Helpful
  • Intern in IB - Restr
May 1, 2020 - 10:30pm

Went through the process myself - super selective and analyst driven. Current analysts are sourced directly out of Wharton and the top investing orgs (WITG, GPS, PIA). They'll interview you if you go to Harvard, NYU, Columbia, et, but it's more for courtesy. If you fit the Wharton bucket, I would try to reach out to one of the analysts. That being said, they've historically hired kids with 4.0, top on-campus involvement, and strong investing internships. If I remember correctly, all the analysts started there as a summer or came from well-respected fundamental shops. There were none from RX, so might say something.

Good luck with having free time. If you're at PJT, HL, or EVR, you're about to get rocked...

May 2, 2020 - 1:11am

They recruit through a very small process and take 0 - 2 a year. They interview people from all schools.

  • Prospect in Research - Other
Jun 21, 2021 - 9:32pm

Nemo ratione doloremque et ipsa. Temporibus laudantium praesentium velit et aut in fugiat. Perferendis voluptatum quaerat labore harum voluptas dicta. Quia at molestiae distinctio qui tenetur natus magni. Aut aut tempore nostrum. Quo aut quo sit et nulla. Voluptate excepturi non saepe eos.

Start Discussion

Total Avg Compensation

January 2022 Hedge Fund

  • Portfolio Manager (8) $1,718
  • Vice President (20) $488
  • Director/MD (11) $434
  • NA (5) $306
  • 3rd+ Year Associate (21) $288
  • Manager (4) $282
  • Engineer/Quant (54) $252
  • 2nd Year Associate (28) $241
  • 1st Year Associate (67) $189
  • Analysts (201) $166
  • Intern/Summer Associate (17) $122
  • Junior Trader (5) $102
  • Intern/Summer Analyst (219) $83