2.20.2005

Wall Street Insider

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TIP: Answer negative questions positively
A friend of mine asked me the other day what I would say if I was asked in an interview to describe a time when I lost my temper. I told her that I wouldn't lie about it, but I wouldn't be ...

TIP: 4 verbs that make you resume sticky
Deliver: We deliver all sorts of results, even when it doesn't involve a truck or even a bicycle. We deliver on great ideas. We deliver through a wide range of skillsets. More specifically ...

TIP: Top 5 resume red flags
Too many disconnected dots Big gaps between Jobs Series of unrelated Jobs/projects: web site design, dba, coding. Does s/he know what s/he wants to do for a career? Extensive keyword/jargon ...

TIP: 3 Deadly Sins of Interviewing
Being boring: If you're bogged down in irrelevant detail, your interviewers are going to fade out. A few well-chosen stories far outweigh a lot of fluff. Bragging needlessly: Sharing anecdotes ...

TIP: It's just a simple question
In the interview, most people ask questions to keep the conversation flowing, or simply for feedback. e.g. "Is that the kind of example you were looking for?," or "I'm not sure what kind of ...

TIP: What makes a good answer in an interview?
Authenticity: The best way to get your interviewers to be empathetic toward your skillset is to tell an interesting related project experience, rather than about how great you are. Another ...

TIP: Be yourself, Goldilocks style
In the children's story, "Goldilocks and the Three Bears," Goldilocks always makes the "middle" of three choices. Like, in beds, "'this one's too hard; this one's too soft; this one's just ...

TIP: Speed-read your Interviewer
Interviewers obviously have varied and not always clear-cut communication styles. However, if you can 'read' the interviewer's style quickly and adjust accordingly, you can deliver the type ...

TIP: What The ancient Greeks know about interviewing
The ancient Greeks taught that all conversation involved three ingredients: Ethos, or the character of the speaker; Pathos, connecting with the emotions; Logos, the words used, the factual ...

TIP: The first rule of Job Hunting is you do not talk about Job Hunting
Ok, maybe that's an overstatement (After all, we aren't trying to start a fight club ;-) But the point it's trying to make is that minimizing the competition that comes with a formal/official ...

TIP: Thrive or Survive in an interview?
I don't know about you, but after interviewing a few candidates in a day, I can hardly recall much about any of them. It's not that my questions are repetitive, but their answers are many ...

Q&A: What's the best way to go from an OO developer to...
...to a Quant developer? It's the age-old Chicken and Egg dilemma: you want a job but you need experience, and you can't get experience without a job. It's probably more practical to change ...

Q&A: What exactly does a Quant do in real life?
A quant designs and implements financial models and systems for pricing, hedging and trading of instruments, such as stocks, bonds and options. Some common roles within I-Banks that require ...

Q&A: What does it mean to "have buy-side experience"?
Just like any street, Wall Street has two sides: the buy-side, and the sell-side. Firms typically are oriented to one side... Sell-side firms underwrite securities and make secondary markets ...

Q&A: so... what's your greatest weakness?
I was interviewing this guy for another team the other day he seemed pretty strong technically so I decided to throw that question out. He replied (along these lines)... I have been involved ...

Q&A: Why do I get the impression that Back Office positions get looked down upon a lot?
The short version is that Front office generates revenue. Middle office manages risks and resources. Back office administrates day-to-day operations. The long version is that .... Front office ...

Q&A: Does asking questions make one look incompetent?
Not if you ask the right questions at the right time. Questions like "How would you define success in this position after six months?" may hit a hot button that will give you more information ...

TIP: It's not always what you know...
but also who you know. In a slow economy, it pays to job-hunt thru your circle of Wall Street friends, rather than relying on your resume alone. Remember back in high school when that new ...

TIP: Speak your interviewer's language
A young boy was sitting in the back seat of the car eating an apple. He poked his father in the front seat and asked, "Daddy, why does my apple turn brown?" His father answered, "When the ...

Q&A: None of the interviewers response to my Thank-you notes...
...Does that mean "Game over" for me? A : If your Thank-you letters merely express gratitude for the interview, enthusiasm for the job, or just a simple Thank-you, they aren't making it easy ...

TIP: Help your references help you
I've never suspected my effectiveness as a reference until recently when a friend of mine called me up. Peter: "Hey Bud. Expect a call from insert your favorite firm . They are trying to fill ...

Q&A: How is working at Hedge Funds different from working at Investment Banks? II
Investment Banks often run a variety of training programme to help extend employees' knowledge and develop work-related skills. In general they also encourage internal transfers among different ...

Q&A: I had nailed every question...
...still they decided not to extend me an offer. What could possibly go wrong? A : If you scored high on the questions (as you thought you did), my guess is you probably didn't 'click' with ...

RANT: Fiction or Reality?
Ran across this http://channels.netscape.com/ns/careers/package.jsp?name fte/interviewtricks/interviewtricks floc wn-np list of tricks interviewers use on job hunters. The trick: Dropping ...

Q&A: How is working at Hedge Funds different from working at Investment Banks?
I was $10k away from taking up a job at a hedge fund, but from my research (before the interview) and inputs from friends working in that circle (and friends of friends), hedge funds tend ...

Q&A: I have a feeling that when headhunters talk about "trading desks"...
... they are referring to more than just the woodwork. A : And you are right. They are referring to different areas on the trading floor at an investment bank. The trading floor is typically ...

RANT: HR = Teamwork?
Is it just me, or does HR love to talk about teamwork, like my high school basketball coach? While I appreciate the work HR do to make the work environment more pleasant, I have a hard time ...

Q&A: What is a Quant?
(noun) A financial analyst with strong programming and numerical skills; someone who http://www.starcominc.com/resources/dswst.htm develops models/systems to assist the activities of traders ...

Q&A: Do firms take people without PhDs as Quants?
Most Quants have a PhD, but some firms are known to hire non-PhDs. Above all, experience counts. Should you try to get a PhD degree first? Well, ask yourself this question instead: which team ...

TIP: Ancient reasons why career change fails
As ancient Chinese general Sun Tzu would put it: "If you know neither the enemy nor yourself, you will succumb in every battle." Or as the Greek philosopher Socrates would say, "Know thyself ...

1 comment:

  1. It's who you know. In Israel they call it "Vitamin P."

    ReplyDelete