Singapore-located IB Recruiting

Hello monkeys,

Anyone here with insights regarding Singapore-located IBs? Wanted to ask some questions:

  1. How do they recruit? More from local schools (i.e. NUS, NTU, SMU) or do they place emphasis on US/UK graduates? How do they view other Asian schools- particularly those on exchange to Singapore?

  2. In which divisions would South East Asian languages be most advantageous? Clear answers come to mind (e.g. sales and IBD) but is it really that important- for example in HK, Mandarin is a must for IBD. I was wondering if there were same "unspoken" rules here as well.

  3. Wall Street Mojo seems to emphasize the importance of networking- to what extent is this true? Plus how big is the job market- are the number of summer interns almost the same as HK? Tokyo? Taipei?

If anyone has been through recruiting, or have some knowledge about it, please let me know! Thanks again WSO.

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Comments (14)

Dec 27, 2017 - 10:47am

I don't have much inside info but based on the conversations I've had while interviewing with some firms:

1) Most of my interviewers were Singaporean and from NUS/SMU (at least, all the juniors were for sure)

2) Have no idea

3) Much smaller than HK, I would think less than 5 per firm. (The BB I'm at had 4).

Dec 27, 2017 - 11:02am

I see, plus what do you think about Asian targets- do they place well in Singapore? I was thinking to go on exchange to NUS/SMU in order to network. Do you think it's a good idea?

Array
Dec 27, 2017 - 11:03am

Recruiters in Singapore (Originally Posted: 06/09/2010)

Hey Guys,

I'm a 1st year analyst at a major BB looking to break into PE in Asia (particularly Singapore) since I grew up there. Does anyone know of credible headhunters/recruiters in the area who I can touch base with? Please let me know.

Thanks a lot for the help.

Dec 27, 2017 - 11:04am

Personally, I have never encountered any decent headhunters willing to proactively advance the cause of someone that junior (I'm in the same position as you, except that I am currently in the S&T of a BB).

Do also bear in mind (assuming you're working elsewhere and on wages that are universally recognised as market rate) that firms in S'pore (especially the less reputable ones) have a habit of not being able/unwilling to meet similar demands for someone that junior.

Good luck in your quest though...

Dec 27, 2017 - 11:05am

I hear you. I'm hoping to work for a Singaporean office of a BB type PE shop though so hopefully that is a little different. I have a few friends who were able to get jobs at BB PE funds in HK (KKR, Blackstone, TPG) through U.S and HK recruiters and I was hoping there might be something similar for Singapore roles.

Thanks

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Dec 27, 2017 - 11:06am

KKR don't have office in Singapore. Their deals are originated in HK usually. More mega funds have their office in HK rather than in Sing. You may consider HK as your second choice.

Good luck.

Dec 27, 2017 - 11:09am
ZIRH:
those are sovereign wealth funds... i think it's a little different from the usual PE firms we are familiar with... I'm from Singapore, and I've heard that the rigidities and culture isn't really very satisfactory...

Thanks for sharing your insight. I am curious how is the Singapore sovereign wealth funds different from the usual PE,in terms of the daily work, pay, and career development? appreciate your sharing
Dec 27, 2017 - 11:11am

IB recruiters in Singapore / HK / Dubai (Originally Posted: 08/16/2016)

I am looking at opportunities within advisory in Singapore / HK / Dubai. Did anyone deal with the good recruitment firms in these markets? I have also heard that everything is done through network there/ direct applications?

Many thanks for your help

Jun 29, 2020 - 2:03am

Bump. I'm a Singaporean at a US Ivy. How do I start to network for 2021 IBD Singapore?

Array

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Jun 29, 2020 - 9:50am

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