Hiring on Wall Street: 2,000 New Hires in January; More Hiring

March 10th, 2011 Comments off

A fresh analysis of DOL stats shows a large number of doors opening again on Wall Street: over 2,000 hires were made in the securities industry in January alone. Crain’s New York reports that this is part of a bigger trend.

The securities industry added jobs in 11 of the 12 months in 2010, averaging gains of 800 per month—belying the volatility seen in some other industries—for a total of 8,200 last year.

We scanned current listings and found 2,000+ positions posted at an estimated salary of $100K or above.

Employers hiring in big numbers include Citi, JPMorgan Chase & Co, Deloitte, and Morgan Stanley.

Want in? Look for an inside contact to supplement your application and check out the company culture (We think the employee reviews and interviewing tips at Glassdoor.com are pretty sweet.) Be specific when you apply for positions: If you apply for multiple positions, be very careful to showcase why you are interested in each of them—and how your experience is relevant for each one.

 

Wells Fargo Hiring 1,000+ for DC Area

March 8th, 2011 Comments off

Wells Fargos is on the fast track to hire employees for 404 banks in and near the Washington Beltway. Their goal: to hire 1,000 new employees by May.

Jobs run the gamut from tellers and personal bankers to store management. It’s quite possible that a few will also be focused on marketing: The staff-up is being done in advance of Well Fargos re-branding campaign. Currently, openings are in branches operating under the Wachovia brand—acquired by Wells Fargo in 2008. Come fall, they’ll be known as Wells Fargo.

Want the 411 on these positions? Look under both Wells Fargo and Wachovia. (And if in the Bay Area or Charlotte, check out opportunities there, too. Still lots of hiring elsewhere, too.)

Bain Capital Ventures To Open Silicon Valley Look Out Post

March 7th, 2011 Comments off
Coming this summer to Menlo Park, the VC capital of Silicon Valley: a new office for Boston-based Bain Capital Ventures.
 
Private Equity Hub reports that they’ll be hiring locally and have tapped Managing Director Ajay Agarwal to run the office. Want an in? Send him a congratulatory note. Or if you, haven’t worked in VC before, take 5 minutes and read this.

Source: Biz Journals

Liberty Mutual Takes Over Bean Town: 100 + Hires in IT Alone

March 6th, 2011 Comments off

Liberty Mutual’s profits jumped 22% for Q4 2010, and is investing in both physical and human capital in Boston: 100 new IT jobs have been announced for a new tech center in Back Bay, and the firm is also building a new 22-story HQ.

Check out the job openings here.

Here’s a quick way to make a friend on the inside, follow WorkatLiberty on Twitter and connect with Jessica, the company’s dedicated tweeter for employment. Send her an @reply message…and say hi.

Source: Boston Herald

Recyclebank Hiring, Gets Green Thumbs Up from WSJ

March 3rd, 2011 Comments off

Recyclebank, a company that allows you to earn rewards for your recycling efforts, tops the Wall Street Journal’s top 10 ranking of Clean-Tech companies. They’ve got news even Oscar the Grouch can smile about – 20+ job postings, with many of them based in Manhattan. The company currently has programs in 29 states and the U.K. and is expanding.

If you’re interested in Green Careers, go beyond job postings and look for local events such as career or environmental education fairs. Here’s a job search tip: Don’t bring a paper resume to a green company. Try putting a QR code on a business card that links to your resume—and put that QR code on recycled paper. Here’s an article with the 411 on how—and why—to do this.

Guggenheim Partners Hiring for New Trading Group

March 3rd, 2011 Comments off

Guggenheim Partners, a global financial services firms with U.S. headquarters in New York and Chicago, has announced the launch of a new global trading LLC to invest capital. The new entity, Guggenheim Global Trading LLC (GGT) plans to hire approximately 20-25 trading groups within the next 12 months. Estimated number of hires: 150.

“Legislative and regulatory changes globally have created a unique timing opportunity with regard to the availability of high-quality traders and trading groups”

In addition to its headquarters in Purchase, New York, GGT will have trading locations in Chicago, San Francisco, Geneva and a yet-to-be-determined location in Asia.

Source: BusinessWire

CFO Survey: Increased Plans to Hire, Pay Staff More

March 1st, 2011 Comments off

As the snow thaws, here are signs of positive growth from c-level financial officers. CFO Magazine reports good news from recent polls conducted in partnership with Duke University.

Finance executives now plan to boost their domestic, full-time workforces by almost 4% on average over the next 12 months, while holding temp hiring steady and scaling back planned increases in offshore outsourced staffing. More tellingly, 44% of the 418 finance executives surveyed say it is either ‘certain’ or ‘very likely’ that they will increase full-time employment at their companies this year compared with 2010.

For those currently employed, the picture is brightening as well. More than half of CFOs plan to dole out bigger raises this year than last year, and some 40% say bonuses will grow. Finance chiefs also plan to increase training and development budgets.

If you’re looking for a job and received a “not now” to inquiries about potential opportunities in 2010, now may be a great time to dust off that resume.

Source: CFO Magazine

3/8 Networking Event for High Frequency Trading Community (NYC)

February 28th, 2011 Comments off

Network with High Frequency Traders in the city that never sleeps

Tuesday, March 8, 6 to 9 pm
La Barrique
,New York, NY

Join Hedge Fund, Alternative Investments, Private Equity, High-Frequency, Algotirhmic and Proprietary Trading managers, investors, executives and professionals. Past attendees include:

ACTIV Financial, Advanced Wealth Solutions Group, LLC, AIG, AXA Equitable, Bank of America Merrill Lynch, Bank of NY Mellon, Barclays Capital, Bloomberg

Registration Information

SNL Financials Expands Office Space in NY, Hiring to Follow?

February 23rd, 2011 Comments off

We’ve talked previously about the 1,000+ jobs listed at Chicago-based Morningstar, a leading provider of information to the investment community.

Today, we’re seeing signs of confidence from another financial information provider, SNL Financial, which covers “business sectors critical to the global economy.”

Crain’s New York reports that Charlottesville, Virginia based SNL Financial has leased an additional 3,350 square feet of office space in Manhattan. They don’t have any New York based jobs listed at present, but expect this to change in the near future.

Want a way in the door? Call your favorite alum of the University of Virginia (UVA) as there’s a good chance they can help. UVA is based in Charlottesville. I did a quick Advanced search on LinkedIn with “University of Virginia” and “SNL Financials” and came up with 280+ results.

NY-based Investment Bank Moelis Goes West

February 23rd, 2011 Comments off

Moelis & Company, an investment banking firm based in Manhattan, has announced hiring plans for a Houston office as part of their expansion in the Energy sector. (In January, they announced a new office in Dubai.)

The office will open in April, and will be headed up by Brady Parish, the former Managing Director of the global natural resources group for Goldman Sachs in Houston. As Moelis only posts general advertising for Analysts & Associates programs on the firm’s website, hiring may be done off the grid.

If you’re in investment banking and  the opportunity to help open a new office for a global firm is appealing to you, we recommend finding an inside connection to pursue these jobs—either a friend of a friend at Moelis—or a friend connected to the investment community in Houston. Knowledge of the energy sector will undoubtedly be on the desired skills list to boot.

Source: Fins

Financial Services