How do years of experience impact my buy side job search?

By July 30, 2016Job Search

If you are younger, your years of experience do impact your buy side job search.

Recruiters typically put candidates into buckets based on their years of experience. The buckets are 1-2 years, 3-5 years, 5-7 years, 7-10 years, and 10 years plus. LinkedIn also uses these buckets to search people based on their experience.

Why do recruiters and LinkedIn use these buckets? Because they match the broad titles at an asset management firm or hedge fund. The titles they want to fill are junior analyst, analyst, senior analyst / vice president, portfolio manager, and executive / partner.

If you are targeting the junior analyst or analyst roles, the years of experience matter more. If you want to target a title that typically has 1-2 years less experience required, then there could be several issues. Would you be willing to take a step down in salary? Do you have the same stamina to meet project deadlines as someone younger than you? Do you mind reporting to a manager who could be younger than you?

These issues are why recruiters / firms are sensitive to hire within the work experience range at the junior analyst to senior analyst levels.

Work experience matters a lot less at the 10+ years level when the role to fill is at portfolio manager and above. The pay, stamina, reporting issues are non-existent. There are a lot fewer qualified candidates at this level, and the goal is to find the best talent.

Author Buyside Focus

More posts by Buyside Focus

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

hedge fund interviews

Sign Up Today

 

Sign up and receive the 80-page Hedge Fund Career Insights Guide for free.

We respect your privacy.

 

Thanks! Check your email for the free guide.

hedge fund interviews

Sign Up Today

 

Sign up and receive the 80-page Hedge Fund Career Insights Guide for free.

 

Thanks! Check your email for the free guide.