US job opportunities for foreigners

Italianbanker's picture
Rank: Chimp | banana points 13

Hi guys,

I work in an Italian Asset Management/private equity firm of real estate investment funds (european version of REITS).
I have 3+ years of experience (think of an associate level) in the financial analysis and business development, and I would like to know about the opportunities for foreigners in the US, especially in LA, SF and NY.

I know that is not easy to obtain a Visa, but what I would like to understand is if there are opportunities for foreigners or the job openings are "reserved" to US citizens.

I know that most of the WSO users are american, so I think that you can give me an idea about the chances of getting a job overseas..

Thank you!

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Comments (72)

Aug 9, 2012

I'm not sure if this is a part of your question, but the Visa depends highly on your personal qualifications. The more special (degree, work, industry, etc.), the easier. Having an advanced degree (from master's and up) will move you into another immigration bracket that makes it easier for you to get entry. You can find all the info on the web.

The business of business is business.

Aug 9, 2012
Cowfoot:

I'm not sure if this is a part of your question, but the Visa depends highly on your personal qualifications. The more special (degree, work, industry, etc.), the easier. Having an advanced degree (from master's and up) will move you into another immigration bracket that makes it easier for you to get entry. You can find all the info on the web.

All of these Mexicans must be phd students.

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Aug 9, 2012

It all depends on the firms that you are applying for. I am on H1B Visa and got another offer from a peer company recently. But eventually I didn't get into the job because their HR won't approve on sponsoring visas.
I think, generally real estate firms mostly hire american people since it is a local industry. But I do have friends who has done Visa transferring between real estate firms. These firms are basically small firms like less than 30 people. Small firms don't have strict HR policy per sey, and usually follow the decision makers' instruction.

If you think it's somewhere worth your efforts to try, then do it. Focus on smaller firms, and get a greencard with that company. After you earned a greencard, you can work for any size of company as you can.

Aug 9, 2012

Thanks for your answers, I have an italian master's degree in quant finance. I will try to apply for positions in local RE boutique. but I think that there will be no competition with american people, unless they're looking for somebody italian speaker or with a specific experience in the euro market..

Aug 9, 2012

If you have a master's degree in quant finance, why not go for a quant position with a financial service firm. real estate is really a different area that may not require knowledge in quant finance, unless real estate is somewhere you identify as your career.

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Sep 6, 2013

Look out for jobs in online job portals or contact visa agencies. They can guide you well on this

Dec 26, 2016

tough luck Pinoy. It's tough for the White Ivy Leaguers - what makes you think it can be a walk in the park without an Ivy League degree for you ?

D.I.

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Dec 26, 2016

Sorry to say this, but judging from what you wrote, I don't think you have even the slightest idea of what the process to get a job in the US as foreigner is like. If you can't even do that much of basic research by yourself (which would take like, 10 seconds?), how could you expect anyone to help you? And no, unless you have a legitimate Visa like F-1 or J-1 that will give you something like OPT that enables you to work post-graduation, you will not be able to work in the US.

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Dec 26, 2016

The Goldman Sachs highly recommends walk in interviews for foreigners. Best of luck.

Best Response
Dec 26, 2016

No

"If you're afraid - don't do it, if you're doing it - don't be afraid!"
-- Genghis Khan

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Dec 26, 2016

It's gonna be tough man, fellow Filipino here, they're right. It's not easy even for White Ivy League Americans to break in, let alone for us non-Americans.

One of our politicians here Mar Roxas graduated in Wharton and got into Wall Street and became AVP at a Boutique firm Allen & Company but: 1) He was in Wharton for undergrad, 2) Perhaps IB was not as competitive then (but still is).

First of all, I'd like to let you know that even though Wall Street would be the "best" place to get a job in Finance, at least money wise, you could perhaps widen your horizon as well. Be open to working in IB in other countries like Canada, EU, or other Asia-Pacific regions like HK or SG.

Now I know it's not easy (heck nothing in IB is) but if you cast a wider net you'll have a better shot. Do research man. Also, consider getting an MBA / Master's abroad in a top school. Network your way while you're there too. There's no guarantee but it will increase your odds. If you manage to land an IB job in a country with a higher currency value than ours, then if you move back home you could've saved a pretty hefty sum (ideally you've also invested such funds too lol).

PM me anytime for questions bud, happy to help!

Cheers,

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Dec 26, 2016

Bump

Dec 26, 2016

Maybe use how you came you US and live here independently as a story to impress your interviewer.

Dec 26, 2016

International student here, been through the same experience so I know that sucks.
Allow me to ask - what's your major and what's your school? If you are not in a top program (when i say top, i mean Columbia MFE/undergrad or equivalent), your chances of breaking into a BB S&T are really small (unless you are exceptionally good).
Another questions would be - where are you in your program? If you still have some time til graduation, try to get a S&T job in your home country first, and then relate that during the interview.

Dec 26, 2016

Few years back I had plenty of interview requests (headhunters or via HR); on paper everything seemed OK. Prepped for interviews, had all the corporate facts down, ironed my shirt and polished my shoes.

However, none of the interviews I had led to a second stage interview. A more experienced friend told me to sit down with him and he suddenly did a mock interview with me. I was a bit perplexed when he did it, but his feedback was key in reflecting how I come across in an interview situation. He said I wasn't sitting in the right way, that my eye contact wasn't prolonged enough and encouraged me to smile more often (but not in an awkward way). He even specifically mentioned how I enunciated some words and how I could improve on the linguistic front (choice of words, using key words in replies). 6 months later I had another interview and actually sailed through the entire interview process until I got my offer in my hands.

You could ask a more experienced colleague or friend to do a realistic mock interview with you and provide honest feedback. You could also record yourself and try to experience the situation from an external point of view.

I am not saying that there is anything wrong with you (!), but at times we view ourselves in a different light than an interviewer or someone who is testing us. Assuming that your factual replies were all correct (and that you are qualified for the role you applied for) there might be an opportunity in how you convey the message.
Don't give up, the next interview could lead to the right job.