What job search sites do you use?

What job sites do you all use? I use indeed and simply hired. Is Doostang any good? I am in a small mid west city so there really aren't any financial headhunters here. I've been trying to network at the local CFA events but haven't had much luck. Thoughts? TIA.

Comments (77)

 
11/20/12

You can always message me what city and job your looking for.

WSO Vice President, Data
@JustinDDuBois

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11/20/12

I have had some luck with Doostang in the past.

Also, eFinancialcareers, LinkedIn, and of course, WSO.

"For I am a sinner in the hands of an angry God. Bloody Mary full of vodka, blessed are you among cocktails. Pray for me now and at the hour of my death, which I hope is soon. Amen."

 
11/20/12

I've gotten one or two hits on Doostang, but they really get bombarded with applications so you really have to stand out.
But yeah, mainly Doostang and LinkedIn.

Currently: clinical psychologist (in training)
Previously: investor relations (top consulting firm), M&A consulting (Big 4), M&A banking (MM)

 
11/20/12

chicago, by hits, do you mean interviews? I was considering paying for a subscription there, but I dont know if it is worth it.

 
11/20/12

I'll assume you were talking to me. Yes, by hits I mean first-round interviews.

Currently: clinical psychologist (in training)
Previously: investor relations (top consulting firm), M&A consulting (Big 4), M&A banking (MM)

 
11/20/12
chicandtoughness:

I'll assume you were talking to me. Yes, by hits I mean first-round interviews.

Thats pretty decent for an online application, I might consider getting a subscription, I have this feeling there are alot of Ivy Leaguers that are in the candidate pool, which means slim chances for me.

 
 
11/20/12

not sure about real estate but you can also check out efinancialcareers.com or check jobs on your bloomberg. Anyone knows how the job market is these days? i mean, back in 2006, when i applied for a position, i would get a call back in the next few days. I've applied to like 10 positions and have not heard back from a single one and its been about 3 weeks. I trying to transition from research to a strategy role.

 
11/20/12

Ive applied to easy 30+.... Received 3 call backs

 
11/20/12
Nobama88:

Ive applied to easy 30+.... Received 3 call backs

A 10% response rate? That's actually quite good for internet job boards.

Money Never Sleeps? More like Money Never SUCKS amirite?!?!?!?

 
11/20/12

i would have assumed there would be a lot of openings now since bonuses were all paid out... are you applying via corporate website or headhunter?

 
11/20/12

efinancialcareers.com as noob123 mentioned.

selectleaders.com for real estate.

 
11/20/12

Honestly, if it's publicly posted there's a 95% chance it can be found via Indeed.com. My best advice for you is to actually go to the company's website and look for job postings there. Often times an unsophisticated website will not have its postings pulled by indeed.com's search engine. Basically, for the Washington, D.C. area I scrounged up almost 200 firms that do real estate/real estate finance. Of those, about 25% or so have a job posting section on their websites, and I'd guess about half (or more) of those job postings never see a public site.

10% response rate is, hmm. They generally say that a good resume will get you a 20-25% response rate, but I've seen your resume and it's pretty excellent (save for the few changes we mentioned). For example, my response rate with 53 applications has been about 20%, with my interview rate running about 10-12%, with 3 offers.

 
11/20/12

^ ^ ^ ^

Thanks VT. I will start making a list and going through their sites.

 
11/20/12

simplyhired.com is another. But indeed is pretty good IMO

 
11/20/12

Bloomberg>jobs>go
CFA jobline-both national and local society website
NYSSA eFinancial Careers site
Also reaching out to network letting them know you are trying to move.

 
 
11/20/12

site looks like you've done a URL 404.

Great initiative anywhom.

 
11/20/12

hmmm..care to elaborate..the site is up and running. ???

 
11/20/12

"Most Online Today: 3. Most Online Ever: 7"
As Tony the Tiger would say,'THATS GRRRREEAAT"

 
 
11/20/12

I'd like to know the validity of these sites as well

OE

 
11/20/12

We dont have the most but we have some high quality ones: http://www.wallstreetoasis.com/finance-jobs ...and we don't stuff it with fake jobs (like I've heard of some others doing). 100% transparent - what you see on that page is what we have.

Best of luck,
Patrick

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11/20/12

http://jobsforwallstreeters.blogspot.comWe send you quality jobs for front-office positions in investment banking, private equity, venture capital, hedge fund, sales & trading, equity research, and fixed income research.

http://jobsforwallstreeters.blogspot.comWe send you quality jobs for front-office positions in investment banking, private equity, venture capital, hedge fund, sales & trading, equity research, and fixed income research.

 
 
11/20/12
BABanker:

In London efinancialcareers has hundreds of potential job opportunities for investment bankers looking o mov laterally, into PE, or into Corp Dev teams. What site(s) are the equivalent for NY based IB analysts?

Need to figure out where to find analysts interested in switching into a Corp Dev role.

Thanks

bump

 
11/20/12

Linkedin. Indeed. Do a search on WSO and come back again.

 
11/20/12

Not sure "PA" read you correctly.

Doostang has profiles you can search and so does efinancial. I do not believe there specific websites for people looking to lateral from IBD to Corp. Dev where you can view the candidates profiles. Have you considered using a recruiting company? They are paid to look for these people.

Frank Sinatra - "Alcohol may be man's worst enemy, but the bible says love your enemy."

 
11/20/12

Thanks for the insight. I definitely agree that linkedin and recruiters are the way to go. At the moment, I am kind of handcuffed because the company is trying to use its regular accounting recruiter who is not familiar with the investment banking market at all...therefore, they won't hire another recruiter who specializes in this and I can't go around them on linkedin cuz they would see that. So, I'm trying to find some guys through different, anonymous channels before I get stuck with some guy from a local commercial bank who can't model his way out of a paper bag.

 
11/20/12

Post it on the WSO job board.

"For I am a sinner in the hands of an angry God. Bloody Mary full of vodka, blessed are you among cocktails. Pray for me now and at the hour of my death, which I hope is soon. Amen."

 
 
11/20/12

Here's my opinion on Doostang - not worth it. There are a lot of listings that will get you excited, but the competition is absolutely brutal. Everyone and their brother is on Doostang. If you're not from a top school with a 3.9 and working at a BB, it can be hard to get noticed.

The best way to find a job is to network your ass off. Call family, friends, classmates, etc. The job market is inefficient, and anything you can do to play that to your advantage will really help. The more efficient the job market becomes (ie - Doostang), the harder it becomes to land a job.

You may think you're hot shit, but the reality of life is that there are 100 other kids out there who are just as impressive as you are.

- Capt K -
"Prestige is like a powerful magnet that warps even your beliefs about what you enjoy. If you want to make ambitious people waste their time on errands, bait the hook with prestige." - Paul Graham

 
11/20/12

would not recommend doostang.

 
11/20/12

I applied for a position through Doostang and got a response back from the HR Rep at a Boutique saying she hadn't posted the job. I guess someone at Doostang just posted a fake listing with the HR rep's email address. I hope its not common but I have no choice but to use the service since I have gotten a few interviews off it.

 
11/20/12

ok cool, no doostang.

What about other finance job websites or mailing lists? any recommendations?

 
11/20/12

Albourne Village
LinkedIn
Seeking Alpha

 
11/20/12

doostang is a complete fucking waste. i'd love to hear if anyone has received a legitimate interview from there

 
 
11/20/12

Which geography are you talking about?

 
11/20/12

I am looking for Dallas-Ft Worth, Florida, and possibly Chicago. I'm not even trying NYC because I know I have no chance there.

 
11/20/12

would use the WSO Company Database and filter Industry by "recruiters" to get a good list of PE headhunters (if you do some searches I'm sure there are a few threads on it as well).

Also, unlike some of the other job boards you mentioned, we are much more transparent and don't recycle opps...everything you see here: //www.wallstreetoasis.com/finance-jobs is everything we have and when it came in.

If there is a job that interests you, great - if not, then don't subscribe...much easier than trying to claim what we have and we don't have. On our board, you can see every opportunity that comes in as it comes in...we've heard of some very sketchy practives in the job boards above, fyi.

 
11/20/12

Thanks! I did subscribe and I am very surprised to find out that some job showing 7 weeks ago on WSO job board were just posted a week or two ago on simplyhired or indeed. Thanks so much!

 
11/20/12

must add: Doostang is awful. I first became suspicious when an employer that I had been speaking with prior to applying via Doostang didn't get my resume. Now whenever I apply to a job through Doostang I follow up with hiring manager. In multiple cases they said that the position was filled months ago and they instructed Doostang to take off the listing. I mean, there is worse out there. Doostang is well put together but applying to positions that have already been filled is incredibly frustrating

 
 
11/20/12

i can't imagine why any school would allow their career services to be accessed without a school id.

 
11/20/12

You'll probably have a hard time with this. I think a good strategy would be to get ahold (possibly from your school's career services site) of some job listings, and run a Google search of some unique string of text. You may turn up some hits, which might identify career services sites which are publicly accessible (or at least accessible to Google's crawlers).

Another tact might be to see if you can find various schools' career fair/resume drop brochures. They may not include listings, but you might be able to at least get a sense for who is recruiting where (if that is your aim).

"There are three ways to make a living in this business: be first, be smarter, or cheat."

 
11/20/12
Sandhurst:

You'll probably have a hard time with this. I think a good strategy would be to get ahold (possibly from your school's career services site) of some job listings, and run a Google search of some unique string of text. You may turn up some hits, which might identify career services sites which are publicly accessible (or at least accessible to Google's crawlers).

Another tact might be to see if you can find various schools' career fair/resume drop brochures. They may not include listings, but you might be able to at least get a sense for who is recruiting where (if that is your aim).

your advice is good, i have used similar method (google-ing up name of the contact person in the job listing), however, i thought that many schools actually have free-access careers center

 
11/20/12

By the way, I have around 10 free Career Centre/Website adresses, however they target German-speaking and CEE area. Pretty much the same offers.

 
 
11/20/12

Selectleaders.com. New england area: refa job boards

 
11/20/12

Try CCIM web site, then go to Tactical tools toward bottom right of page, scroll to Career Center. Good Luck!

 
11/20/12

In NYC area Selectleaders is pretty good.

 
11/20/12

indeed and linkedin have good jobs from time to time

 
11/20/12

Indeed and Career Builder, but honestly I've found far and away the best success by cold emailing people directly. Short email saying who I am and what I want with my resume attached.

If you're a ULI member, you can literally find the contact information for EVERY OTHER ULI MEMBER. Pick your market, make a list of names/companies/email addresses for every "CEO" or "Principal" with a firm, and blast emails off.

 
11/20/12

I agree with this. I had recently been spending literally all of my free time endlessly scrolling job boards and career sites, but nothing had been as effective as when I just started calling and emailing people cold. Most applications or resume submittals go into a bin that HR sifts through, and unless you are really outstanding and a really obvious fit, you get looked over and ignored. At least when you contact them directly you may actually have contact with someone who is important enough to request an interview. Recruiters have also been a good way for me to get one step past HR if you can find a good one.

 
11/20/12
 
11/20/12

CRE for the group as valuable intel, can you tell us strategies that have worked for you to max out the envelope on any discussion you have with someone you cold email (from opening, to back-and-forth dialogue to taking it to the next step and "monetizing" that connection).

 
11/20/12
BakersDozen:

CRE for the group as valuable intel, can you tell us strategies that have worked for you to max out the envelope on any discussion you have with someone you cold email (from opening, to back-and-forth dialogue to taking it to the next step and "monetizing" that connection).

I typically do the following:

1. I cold email people a short and to the point email with what I want, what I offer, and my resume attached for reference.

2. I'd say I get a response from 40%-50% of people. Some are "sorry we don't have anything but stay in touch." Those are ok for the future, but they're probably just being polite. 10%-20% ask me out for coffee. I'm not sure what it is with real estate people, but they apparently LOVE blind dates over coffee.

3. During these coffee dates (and yes they are dates. you approach old men almost the same way you approach hot girls, just with a different outcome in mind. You dress your best, you offer to pay, you get them to talk about themselves, you smile a lot, etc.) I try to form a personal connection find out more about their business. 99% of the time their business is legitimately awesome, so it's pretty easy to be interested.

4. Later that day (don't do it right away because it might come off as weird) send them a nice thank you email, mentioning some key details that you two talked about to show that you were engaged, reiterating what you want (a job, internship, etc.) and telling the person you'll stay in touch. Don't ask if you can stay in touch or anything, just tell them...and then do it.

5. As I said, two weeks later, or a month later, reach out again. If you accomplished something, tell him. If his company was in the news, mention it. I try to make it as "friendly" as I can without being unprofessional. It's almost like an email to your parents or grandmother or something just a bit more professional. Again, reiterate what you offer and what you want.

I know none of that is really groundbreaking, but networking for a job is really not that different from locking a girl down in a serious relationship or making a new friend. You continue to show you're interested until they either reject or accept you. Even if you are rejected, you just switch into leverage mode. Ask if he knows anyone he can refer you to. It's quite amazing how much help I've received from perfect strangers.

It seems like a lot of work for potentially nothing, but I can remember four specific times that someone told me "Oh wow...I was thinking of hiring someone but I wasn't quite sure how to go about it and I haven't posted anything yet." I got two of these jobs, the third fell through to someone less qualified for less money but is a fantastic contact regardless, and the fourth very well *fingers crossed* could get me a summer gig this summer.

Come to think of it, I've never gotten a job where I've applied to a listing online. I feel like that entire model is bullshit almost, especially for an "untraditional" candidate like me.

 
 
11/20/12

Searchfuntion.com

Beast

 
11/20/12

efinancialcareers.com and indeed.com are my favs

If the glove don't fit, you must acquit!

 
11/20/12
WalMartShopper:

efinancialcareers.com and indeed.com are my favs

Agreed, they're pretty much the best finance job sites.

 
11/20/12

Doostang and WallStJobs are ones you may not have heard of, not sure if it's worth the membership.

 
11/20/12

I actually got interviews from Doostang. I would just purchase the 2 day trial then send out the maximum number of apps allowed during those two days. A month or so later I would do the same thing.

"For I am a sinner in the hands of an angry God. Bloody Mary full of vodka, blessed are you among cocktails. Pray for me now and at the hour of my death, which I hope is soon. Amen."

 
11/20/12
cheese86:

At good jobs?

Very small boutique i-banks. I accepted one of them (was coming from a BO role).

"For I am a sinner in the hands of an angry God. Bloody Mary full of vodka, blessed are you among cocktails. Pray for me now and at the hour of my death, which I hope is soon. Amen."

 
11/20/12

hey guys, what could we do to improve the WSO job board? We have made a big effort on outreach so a lot of our jobs are sourced directly from the companies.

We will continue to work hard to bring you the best jobs possible.

 
11/20/12
WallStreetOasis.com:

hey guys, what could we do to improve the WSO job board? We have made a big effort on outreach so a lot of our jobs are sourced directly from the companies.

We will continue to work hard to bring you the best jobs possible.

Honestly, I think it is just a numbers game. I actually got the free one week trial to check it out, and there simply weren't a ton of opportunities for internships/entry level. Obviously part of this is because there aren't a ton of opportunities out there.

Even places like Doostang don't get a ton of original job postings- a lot of their postings are pulled directly from corporate websites. I basically see you and them as directly competing for the limited finance/consulting/etc. related premium job postings. I would be curious to see how you entice the job posters, as well as if they are posting solely on WSO (I think I saw an IBD San Fran summer internship posted here as well as elsewhere).

Really I think the sweet spot for WSO would be middle market and boutique shops that might not have formal recruiting processes- if you think about it realistically, anyone perusing this site that has a legitimate shot of doing IBD at a BB or legit MM/boutique firm will kind of find their way into a formal job recruitment. What a lot of us (me included) are looking to do is break from non traditional backgrounds (already graduated/non target/bad grades/etc.). What's valuable to me are the positions that might not be well advertised- regional or small boutiques, new banks, firms that are for some reason recruiting off cycle, etc. Those are the types of things I would pay $25/month for. In addition, I think you have a lot of people here with a few years of work experience that are looking to jump ship, and lateral recruiting at the associate/VP is a little less structured than for us prospective monkeys. I think postings from buy and sell side firms looking to poach talent would be valuable. Lastly, I think the job board would be a great place to have firms post info on recruiting events/job fairs and other things of that nature (maybe with discounts or something?).

In terms of resources I think you have two huge competitive advantages. First, the users on the site provide a pretty vast network of professionals. Not sure if this is already in place, but maybe some sort of incentive to have users recruit through your service. Second, you have probably the most comprehensive database of buy side, sell side and consulting firms short of straight cap iq pulls. Cold email/cold call? No idea what type of resources you have in terms of sales.

One small criticism of the job board as is- there are a lot of stale job postings on there. Is there a way to clean up positions that are filled already?

Edit: just saw the job posting for a job board manager- sounds like you are already taking into account a lot of what I said

"For I am a sinner in the hands of an angry God. Bloody Mary full of vodka, blessed are you among cocktails. Pray for me now and at the hour of my death, which I hope is soon. Amen."

 
11/20/12

I would just say that with the current volume of relevant jobs (entry level or near entry level) in NYC for me, I don't see the value in paying $25/month. I'm sure it is easier said than done but I would need to see more variety in the NYC area to coax me into paying for such a service.

 
11/20/12

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"For I am a sinner in the hands of an angry God. Bloody Mary full of vodka, blessed are you among cocktails. Pray for me now and at the hour of my death, which I hope is soon. Amen."

 
11/20/12

"...all truth passes through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident."

  • Schopenhauer