How Do I get a Job Trading?

This is a discussion on How Do I get a Job Trading? within the New to Trade2Win forums, part of the Reception category; Originally Posted by spreader_legger Stands to reason really. Got to be a good negotiator to be a CEO. But I ...

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Old Dec 31, 2010, 10:00pm   #33
Joined Mar 2010
Re: How Do I get a Job Trading?

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Originally Posted by spreader_legger View Post
Stands to reason really.

Got to be a good negotiator to be a CEO. But I suspect its who rather than what you know
Yea sure. Generally salespeople know the business better. It's their job to understand what they are selling. Yea or dam good at what you do. They are usually just friends.
I think one guy in my place was doing a crap job so he was given head of operations instead. Still very good.
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Old Nov 29, 2012, 8:59pm   #34
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Re: How Do I get a Job Trading?

i just wanted to mention that the CFA program is something employers seem to be looking for more and more. i'm a level III candidate, i think it's a really good program with a great cost/reward ratio. i would think that a CFA charter holder with some coding knowledge would make for a good candidate.
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Old Jun 6, 2013, 1:11pm   #35
 
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Re: How Do I get a Job Trading?

Hi all,

My name is Paolo, I am new active user though I have been reading this forum for a while. I am interested in knowing what are the most useful skills or courses an HR would look at when hiring junior traders or for graduate trading recruitments.

I have been trying to get into trading and despite having worked in finance for 5 years, speaking 3 languages, have an MBA and I manage 15 people, I dont seem to have what it takes to be noticed by any HR person. I am only 29ys only, am I alreadsy too old to be a career changer?

If I study computational finance or engineering, will it be helpful to become a trader?

BTW - I already trade based on technical inidcators after one of those non-fully recognized courses that promise to teach you everything possible to be successful.

Thanks all!
Paolo
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Old Jun 11, 2013, 10:55am   #36
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Re: How Do I get a Job Trading?

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Originally Posted by casamapa View Post
I have been trying to get into trading and despite having worked in finance for 5 years, speaking 3 languages, have an MBA and I manage 15 people, I dont seem to have what it takes to be noticed by any HR person. I am only 29ys only, am I alreadsy too old to be a career changer?
Hi Paolo,
Welcome to T2W.

You've read the thread obviously - but have you checked out the links in post #3 on P1? It's worth looking at those - as you may stumble on something that sparks your imagination. I understand your frustration with HR departments - and they can be difficult to bypass. It could just be that the posts you've applied for want someone with a double first in Economics and Physics from a top flight Uni - and anyone that doesn't fulfil that requirement gets their CV filed in the bin.

If I was in your position, I think I'd go down the direct route indicated by 'average' and try and get belly to belly with the people doing the actual job. Find out where they drink and then talk to the bar staff - as they're the ones who will most likely know who is who. It's a long shot, but it might just work. If you can stuff some statements into the hands of these people showing consistent profitability - that should help!

The son of a mate of mine wanted to get on a an architectural design course at Brunel Uni a few years ago - but didn't have the necessary academic qualifications. So, he went straight to the Uni with his portfolio and collared the design director in the car park and showed him is work on the bonnet of a car. Needless to say, he was offered a place on the spot and is now doing very well in that industry. Stories like this are increasingly rare - but they do still happen.
Best of luck,
Tim.
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Old Jun 11, 2013, 11:16am   #37
Joined Nov 2007
Re: How Do I get a Job Trading?

Quote:
Originally Posted by casamapa View Post
I have been trying to get into trading and despite having worked in finance for 5 years, speaking 3 languages, have an MBA and I manage 15 people, I dont seem to have what it takes to be noticed by any HR person. I am only 29ys only, am I alreadsy too old to be a career changer?

If I study computational finance or engineering, will it be helpful to become a trader?
This tells you that:

1 - working in finance doesn't matter
2 - speaking 3 languages doesn't matter
3 - having an MBA most definitely counts for nothing
4 - managing people counts for nothing

The subject you study doesn't really matter.

If you want to get into a firm (not a prop shop) the only way to stack odds in your favour is the school you go to. For trading it'd help if it was a highly quantitative modelling course, but being interesting and easy to get along with will help a lot as well.

e.g. at the LSE you would have more careers events a week than you can physically attend. These events will be attended by the people in charge of hiring, both actual traders and HR. Being a non-idiot and easy to get along with is how english majors end up in investment banking. Trading might require more than a humanities subject because firms seem to think its important to pretend to make mathematical models of mandelbrotian variables shoehorned into a gaussian framework.
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Old Jun 11, 2013, 12:01pm   #38
 
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Re: How Do I get a Job Trading?

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Originally Posted by JamieNash86 View Post
That is good advice
The fact that my education or present experience do not count anything is clear to me but I was wondering if there is an alternative route to the university one. Personally, I have been learning C++, VBA and readying different financial engineering books. Now why do I feel this could work? Because I feel I am capable of learning exactly and more 'effectively from a cost-saving perspective' what I need to break into trading - just reading a few books and practising, how many people have become successful.

I know hundreds of people that told me going back to univ. is too risky nowadays, you not necessary learn the skills that would be applied in a job, and spending 15k+ on a master is not always the best way to go. Practice is the best way of training. I hope I am not too naive!
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Old Jun 11, 2013, 12:44pm   #39
Joined Nov 2007
Re: How Do I get a Job Trading?

You may be capable but HR wants to hire someone based on a uni name.

The right uni will give you the opportunity to immerse yourself socially with the people you would be working for.

Bottom line; if you want to get into a big firm you have to play the game.

If you want to get into a prop shop you can put together a track record.

If you want to start a hedge fund, well, anyone that can get people to give them money to invest can do that.
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Old Jun 11, 2013, 12:54pm   #40
 
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Re: How Do I get a Job Trading?

[QUOTE=rawrschach;2145700]You may be capable but HR wants to hire someone based on a uni name.

Have you ever heard the Certificate in Quantitative Finance from 7 City / Fitch?

Certificate in Quantitative Finance (CQF) - Mathematical Finance Qualification | CQF
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