If you’re looking for a new financial services job and you want an immediate response, then you might want to avoid private equity, which attracts a huge overabundance of candidates. Instead, why not focus your search on the jobs banks can’t seem to fill, especially if you have a niche skill-set?
Based on banks’ own job sites, we’ve assembled a list of jobs in New York that have been advertised for at least two or three months, although some have been vacant for as many as five. If you apply for any these roles and you fit the prerequisites, then you can be assured that the bank will get back to you. The only downside is that you may not fit the requirements – there’s a reason these roles have remained unfilled for so long.
1. Goldman Sachs
Goldman Sachs is hiring a structurer and a capital markets associate for the real estate financing group (REFG) within the IBD in New York, despite the fact that the majority of that group is based in Irving, Texas.
Successful candidates will work on the bank’s commercial mortgage platform and be trained for a wider set of FINRA licenses than other associate-level IBD financing group analysts. Translation? You’ll have to pass the Series 7, Series 79 and Series 63 exams.
2. J.P. Morgan
J.P. Morgan Treasury Services (TS) is looking for a managing director or senior executive director to lead client engagements globally and make key cash concentration and liquidity structuring deals.
To qualify, you need to have 10-plus years of experience and a deep knowledge of corporate treasuries, cash concentration services and related corporate governance models.
3. Morgan Stanley
Morgan Stanley is looking for a senior associate or junior vice president with superior valuation skills and at least five years of TMT experience to join the media and communications investment banking team.
You’ll need to be able to play up your past work on mergers and acquisitions, demergers, divestitures, joint ventures, corporate restructurings, shareholder relations, recapitalizations, leveraged buyouts and defenses against unsolicited takeover attempts, strategic advisory assignments and executions of public and private capital markets transactions. While not required, having an MBA, CA or CFA designation is preferred.
4. Bank of America Merrill Lynch
Bank of America Merrill Lynch wants to hire a senior quant analyst with at least 10 years of experience who specializes in the evaluation of private equity and real assets fund managers. They’re looking for a candidate with an MBA, MS or JD plus a CFA.
You’ll have to pass the Series 7, 63 and 65 – or the Series 7 and 66 – soon after you start if you haven’t already.
5. Citigroup
Citi is searching for a director-level financial technology investment banker, preferably with an MBA and seven-plus years of capital raising and M&A advisory and execution experience in the fintech sector.
You’ll need to highlight your past work on M&A deals, divestitures, financial restructurings, underwriting and distributing equity, debt and derivative securities.
5. UBS
UBS is on a hunt for a global corporate client solutions (CCS) marketing strategist to serve as the head of investment banking Americas marketing, who will report directly to the global head of culture and client marketing.
To get the job, you need to be able to demonstrate an outstanding track record of delivering innovative marketing programs across a variety of internal and external channels, with predefined, measurable results. You also need extensive experience in content marketing, digital and relationship marketing.
7. Credit Suisse
Credit Suisse is on the lookout for an M&A vice president in the sell-side group within the investment banking and capital markets division.
To land the job, you’ll need at least four years of relevant deal experience in M&A and capital raising, as you’ll be expected to assist in the origination of sell-side and divestiture M&A transactions, as well as financial modeling, data analysis marketing, due diligence, valuation, financial analysis and negotiations. You must have an MBA or equivalent graduate degree.
8. Deutsche Bank
Deutsche Bank is looking to hire a senior associate or VP-level U.S equity research analyst who will specialize in the automotive sector.
You’ll need an MBA and several years of experience in either sell-side equity research, investment banking, private equity or investment management.
9. Barclays
Barclays wants to add a corporate banker to serve as an asset management director within the financial institutions group to provide strategic relationship management for U.S. buy-side clients. The role will be 60% sales and customer service, 30% risk management and control, and 10% teamwork and mentoring junior bankers.
You’ll need at least eight years of experience of managing and growing an asset manager corporate banking business, and you’ll have to demonstrate the ability to source and execute bi-lateral and multi-bank deals.
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