Job Market Pulse: Traders, researchers needed in equities; Citi’s sneaky hiring plans
In this week’s hiring roundup, Citi needs capital specialists, banks are desperate for equities staffers and a regulator needs bodies.
AML workers needed…badly
Banks are desperate for anti-money laundering personnel but are having serious issues finding competent employees. Some banks are being forced to hire people who "masquerade as professionals and experts."
Babson adding to bond team
Babson Capital has been on a hiring spree. The Charlotte hedge fund has added 12 new members to its emerging markets debt team since October.
DoubleLine planning new bond fund
Bond management firm DoubleLine Capital has poached a Pimco exec to help run a new unit focused on developing new investment products. It's likely Ignacio Sosa will need to bring on new hires as his builds the business.
Citi’s sneaky hiring plans
Citi will be spending more money on both staff and systems to upgrade its ‘capital planning tools’ in time for the Fed’s next annual review in early 2015.That sounds like good news if you’re a regulatory capital specialist.
Scandinavian banks adding to capital markets teams
Danske Bank is looking to hire “several” new members to its corporate finance team in Norway. Danske and fellow Denmark lender Nordea Bank have made a big push into corporate debt underwriting, particularly in the Scandinavian country.
EU regulator needs bodies
The European Securities and Markets Authority (ESMA) appears desperate for talent. The EU regulator has increased staff from 35 to 180 but says it needs more resources. Whether they have the funding to keep growing is questionable.
Boutique bank hiring in M&A
Independent investment bank Canaccord Genuity is said to be recruiting senior M&A bankers from major investment banks in London.
Equities staffers being poached
If you’re a trader, there’s no better place to be than equities. Big banks are poaching top talent. UBS appears particularly active. Equity research analysts are also a hot commodity.
Cheyne Capital adding senior staffers
London hedge fund Cheyne Capital has been doing quite a bit of hiring this year, including several senior employees from Meditor Capital Management.