What are hedge funds looking for when recruiting at the moment and what are their main concerns in the current jobs market?
Attracting the right talent is obviously key to the success of any business. Hedge funds are no different – they need traders who are capable of making the right decisions at the right time and operational staff able to facilitate this growth in the first place.
Good academics and a strong performance track record throughout their career is vital to securing a job in a hedge fund, as is credibility within the market. Strong product knowledge and a proven capability to market these products are also key requirements.
The main driver to change for the past few years has been increased regulatory pressure. This has caused firms to look to bolster their risk and compliance teams. More generally, investor strategy and general market conditions are always key to defining recruitment trends across the industry. This means we continue to see a relatively healthy volume of hedge fund jobs across finance, front office and operations functions.
The best people are typically attracted by a fund’s performance and brand, but firms can take certain actions themselves to ensure they recruit the right staff. Having adequate due diligence checks in place, in terms of referrals and background, can determine the quality of a potential employee. But these checks – along with the rest of the recruitment process – must be carried out quickly and efficiently as the best people tend to be in demand and may have a number of options to choose from. At interview, ‘selling’ the potential of the business and the role can also make a big difference.
Potentially, it could be an opportunity. Hedge funds with strong infrastructure that comply with more stringent regulations will be able to attract larger investors and more business as operational due diligence processes have become key when allocating capital to hedge funds.
Are you looking to make your next move in the accountancy industry? We’ve asked our accountancy and finance recruitment experts for their top tips to help you shine in your next interview… If you’re looking to land your next accountancy role, preparing for your next interview can be a daunting proce
Read MoreThe modern CFO is increasingly involved in the hiring process. Hence, it is important to know what is going on in the operational interim management market. We set out the most important trends. Trend 1: The backfill method A trend we are seeing a lot of now, is the so-called backfill method. Tradit
Read MoreWhether you’ve got years of experience or are just starting out, interviews can be an intimidating prospect. If you’re looking to land your next finance role, our expert tips could help… Despite uncertainty rippling through the global financial services sector — fuelled, in part, by growing concerns
Read MoreCome join our global team of creative thinkers, problem solvers and game changers. We offer accelerated career progression, a dynamic culture and expert training.