Questions About Finance Jobs Nyc
Richard asks…
how bad is finance job market in nyc?
is it mainly the higher paid analysts/sales/traders that are getting laid off? i was looking for a position in operations at a bank, i wanted to know if those jobs are being scaled back as well.
The answers:
It’s not good right now. Because of the sub-prime meltdown, financial firms/banks are laying off all across the board. Good time to go back to school and make oneself more marketable.
Betty asks…
How can I find a paid or unpaid trainee job in a finance company in NYC?
Is it hard to find a paid or unpaid trainee job in a finance company in New York City? I am from Denmark and want some work experience in NYC. I have Bachelor´s Degree in Business Administration from London. I have posted my resume on different websites but no one has replied:-(
The answers:
First, remember that when you post your resume on websites like Monster, you have to update it every day, even if you make no changes, because updating moves your resume to the top of the list. Second, a lot of people in New York (I live in New York) don’t respond to people in other states much less other countries because they have so many people to choose from right here that they don’t see the need to go to the extra trouble. You might see if your university in London has recruiting events in which companies from the U.S. Are attending and another option is to seek out Scandinavian/European companies with locations in the United States (like Ikea for example. I’m not sure if they have corporate offices here though.) where you can get hired there to work in an office here. If all that yields nothing, I would plan to visit here for three to six months if at all possible and seek a job then. You likely will have a lot less trouble once you’re actually here. Don’t forget to look into the documentation needed for you to actually work here.
Robert asks…
What is the best kind of jobs in NYC?
I would LOVE to work in NYC. But to me the only kind of jobs that are available there are jobs in the Finance world. What other jobs are available??
The answers:
Cab driver!…you get to be a jerk all day long and no one thinks anything of it
Mark asks…
What are my chances of finding a job in NYC in finance?
I have 1 year experience as a prop trader..
The answers:
Your chances are not so great right now because the market is trending down. However, prop trading is a skill that’s really hot right now so if you’re willing to forgo the bulge bracket firms, there are plenty of mid-tier or boutique banks that would love to have you. My advice is to send you resume far and wide. You’ll probably hit something. Good luck!
Daniel asks…
I keep hearing the finance job market bad right now in nyc, but ..?
I’ve been dying to get out of my dead end ‘first job in finance‘ after graduation and planned at this time to start looking. I’m not looking for a super high paying wall st job – more of a lower level, slightly above a ‘foot in the door’ job at an investment bank (doesnt need to be a prestigious one) in trade operations. should i apply and feel it out? or should i try to build my resuem at current employer and hold off…
The answers:
There was a article on National Public Radio yesterday that stated that in the next 12 months, they are expecting 20,000 lost jobs in that sector in New York City alone
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