The front office jobs market on the buy side has actually improved over the past few months. More jobs are becoming available at all levels, with a notable rise in demand at the middle management and analyst levels in particular.
The number of professionals looking for new jobs is also on the increase, so competition for jobs is intense. Consequently, you will need to concentrate on your strengths and really ‘sell’ yourself at interview if you want to stand out.
Most hedge funds are looking to grow their front office experience out conservatively. If you are at the middle management level, the good news is that a number of analyst positions have become available recently.
Firms are looking to take advantage of current jobs market conditions by expanding across a variety of asset classes. As an example, some employers are looking to tap into the talent available in the portfolio management space.
Salaries remain relatively static at the senior level but there is some good news for professionals at more junior levels. Competition for these people has led some to receive notable increases when moving jobs.