It always seem to be a strong pattern is emerging amongst the job seekers we meet: they all want a taste of the buy side.
While many candidates appear to like the sound of this side of the industry, and perhaps have friends or family working in it, some of the rationales are not always entirely credible. Here are some of the most common reasons I’ve encountered over recent months for wanting to leave the sell side:
The candidates who reel off these reasons are the ones whose personality won’t be a fit for a hedge fund and always struggle if they get to interview stage. The candidates I prefer to work with – and who are a lot more successful at interview! – have the following motivations for joining a hedge fund:
What’s important to realise is that the grass isn’t always greener on the other side of the fence and that working in a fund isn’t right for everyone. You are accountable for a lot more and working with urgency is imperative. There is a lot more to it than chinos, loafers and big bonuses and it takes a certain breed of professional to understand that.
If you require further advice would like to discuss job opportunities, please comment below or contact me directly.