Finance: We spoke to Wall Street's top young headhunters — here are their best pieces of advice for job candidates
Business Insider recently compiled a list of Wall Street's top young headhunters. We asked many of them the same question: What do you look for in candidates?
- Business Insider recently compiled a list of the top headhunters on Wall Street age 40 and under, and we asked many of them what they like to see from job candidates.
- We got a slew of useful tips for landing coveted positions on Wall Street.
- Transparency is crucial, one said: "Kids just not being honest with me or other recruiters — that, to me, is huge."
Business Insider recently compiled a list of the top headhunters on Wall Street age 40 and under, and in the process we asked many of them the same question: What do you look for in candidates?
One recruiter said that a great strategy when going into banking is to specialize in an area that isn't completely saturated.
Banks are massive and can be intimidating — and not all sectors are as valued as others. If you're at an investment bank that is already overrun with talented associates and vice presidents covering technology, consider a different industry or even middle-market transactions.
"Do your best to find an area or sector that is both underpenetrated and niche-y, but it also needs to be valued by the bank," one headhunter told us. "Find a sector to cover that has upward running room."
Here's what others had to say about how to land coveted Wall Street positions:
- Be agile, and don't shy away from strenuous projects: "People are looking for individuals who are more agile and flexible than they ever have before," a recruiter told us. "I’m very attracted to candidates who have been through significant difficulties."
- Demonstrate investing prowess — even if that's just having smart analysis and opinions of the deals that senior bankers are actually running: "I look for those that are already thinking like an investor and have opinions and their own point of view on the deals they’ve worked on."
- Transparency is crucial in developing a healthy relationship with a recruiter: "Kids just not being honest with me or other recruiters — that, to me, is huge," one headhunter said. "As long as your open with me that’ll be good in my book."
- If you want to rise to the top, don't move around too much: "Someone who jumps around today, that doesn’t read very well for a senior level," they said. "However, the healthy thing is to figure out what it is you want to apply yourself to and drive after that."
Click here to read the full text by Alex Morrell