DealBreaker Career Center

Job of The Week: Risk Management For Lehman!

The sky is falling. And it's raining shares of almost every company on the Dow all the way down into the storm gutter. Maybe it's time you started looking for a new job. We spent part of the afternoon combing through our Career Center in search of the most interesting jobs. There are dozens to choose from, all categorized according to specialization. But today we thought maybe our friends over at Lehman Brothers could use a little extra help. So here's our Job of The Week.

If you are worried that Lehman might be repeating the same mistakes as last time, as in re-upping their leverage ratio, then perhaps you could lend a hand and apply to be a VP in their Global Equity Risk Management team. The fraternal order of Lehman wants identify, report, monitor and analyze key market risks. Don't make them try to do this on their own anymore.

Job Of The Week: Latin American Project Finance

We spent part of the afternoon combing through our Career Center in search of the most interesting jobs. There are dozens to choose from, all categorized according to specialization. Our inspiration today was to find a job that might suit the folks from JP Morgan’s Latin American credit desk who were let go yesterday. Well, we’ve got some good news…

A bulge bracket European investment bank looking for a Vice President and a Director for Latin America Project Finance. Candidates must have experience in the Latin America markets, prior experience in project finance, and a rolodex of clientele.

Let's Get You A Job

The ad people in this asylum tell us and potential sources of revenue that you're all gainfully employed and just saddled with money to spend, but for the maybe one, or two, at most, of you who are reading this from home in between The View and Oprah (no need for TiVo anymore, or pants, for that matter)**, this might be of interest: PIMCO is hiring! According to the FT, the bond fund's chief operating officer Dick Weil said that the firm is looking for people in mortgage securities trading and credit analysis, and that it has actually approached approached several Wall Street banks and asked for the contact info of recently laid off employees. Apparently most have been forthcoming and eager to shed themselves of the guilt they've been saddled with after firing a ton o' staff, with the exception for UBS, who apparently got awkwardly territorial, refused to give out names, and actually started thinking about taking back the castoffs, just so PIMCO can't have them. For the record, the claim it has nothing to do with needing subs for the newly-formed Rock Band Team.


Pimco touts for bank cast-offs [FT]


**That sounded insensitive. To be clear, I was talking about J-Cay, and I think it's fair game because the aformentioned scenario's pretty much been his routine for quite some time now.

Jobs Y Survey

Unemployed? Consider rectifying that with BlackRock (as an analyst), DE Shaw (as something vague but in Bermuda!) or recently downgraded Goldman Sachs (who’s looking for a campus recruiter. I threw that one in as a joke but I think some of you could really thrive in the position). [DB CC]


Also, if you are a portfolio or asset manager, the ad people in this asylum would like to know if:

Job Of The Week: Emerging Markets Derivatives!

The sky is falling. And it’s raining shares of Bear Stearns all the way down into the storm gutter. Maybe it’s time you started looking for a new job. We spent part of the afternoon combing through our Career Center in search of the most interesting jobs. There are dozens to choose from, all categorized according to specialization. But today we thought maybe some of you on a derivatives trading desk for a certain major broker dealer might need a little something extra. So here’s our Job of The Week.

A major Broker Dealer located in Midtown is looking for a quant to support their Emerging Markets Credit Derivatives trading desk. You’ll be responsible for developing models and performing analysis to support Emerging Markets traders. Candidates must have a quantitative MS or PHD. Good communication skills are necessary as this position is part of a busy trading desk.


Job of The Week: On The Night Shift, Baby

Your jobs sucks. That's why we spent part of the afternoon combing through our Career Center in search of the most interesting jobs. There are dozens to choose from, all categorized according to specialization. But one special one has been selected as our Job of The Week.

This week we're looking to land you a night job. That's right, something for those of you who prefer to sleep the day away and only crawl out of your tomb when the sun has set. But they don't make jobs like that on Wall Street, right? Wrong. Blackrock is hiring a portfolio analytics analyst for the night shift. In support of BlackRock’s mission to provide high quality service to Blackrock's clients (in a 24/6 global support structure), you will be responsible for providing analytical support and service to both internal and external clients. The working days for this position are from Monday to Thursday and Sundays. You will work at various times from 11pm to 9am on weekdays and flexible hours on Sunday. Come on, put those skills you developed staying up all night at clubs to use.


Job Of The WeeK: Subprime Trader

Your jobs sucks. That's why we spent part of the afternoon combing through our Career Center in search of the most interesting jobs. There are dozens to choose from, all categorized according to specialization. But one special one has been selected as our Job of The Week.

A multi-strategy hedge fund is seeking an experienced risk taker to trade the mortgage credit space with a particular focus in subprime. Feel free to bring your whole team.

Job of The Week: Mortgages!

We like to end every week with a special gift for our readers: we’re finding you a new job. So we spent part of the afternoon combing through our Career Center in search of the most interesting jobs. There are dozens to choose from, all categorized according to specialization. But one special one has been selected as our Job of The Week. Sadly, on Friday we had technical difficulties that prevented us from posting a job for you. But we’re back now, and so is the Job of the (last) Week.

Citco is seeking several hedge fund accountants and operations specialists with strong mortgage knowledge and experience at all levels to help them service new mortgage funds and hedge fund clients. Party like it’s 2005 all over again!

Mortgage! Mortgage! Mortgage! [DealBreaker Career Center]

Job of The Week: Make The Debt Markets More Transparent

We like to end every week with a special gift for our readers: we’re finding you a new job. So we spent part of the afternoon combing through our Career Center in search of the most interesting jobs. There are dozens to choose from, all categorized according to specialization. But one special one has been selected as our Job of The Week. Not surprisingly, with market attention focused on a new part of the fixed-income world each week, we’ve decided to choose a fixed-income data engineer position this week.

Demand for real-time and closing market data on CDS, Bonds, convertibles interest rates is skyrocketing as investors demand more accurate and timely information about various fixed income markets. Moody’s is looking for a Financial Data Engineer to help it improved its fixed income analysis and research. They want a minimum of three years in a data analysis or research role in the financial industry, and you probably shouldn’t be scared of looking at screens full of numbers.

Job of The Week: Help Prevent Another AIG-Style Blowup!

Today we thought we’d give you something extra special to start the week—namely a new job. We usually do this at the end of the week but why not deliver a bonus job offering as a way of getting over those Monday blues. So we spent part of the afternoon combing through our Career Center in search of the most interesting jobs. There are dozens to choose from, all categorized according to specialization. But one special one has been selected as our Job of The Week.

This morning AIG announced that its accountants had informed them that the losses from credit default swaps were three times worse than they had previously assessed. Now everyone on Wall Street is wondering whether a new round of loss declarations might be on the way as accountants drill down into the CDS positions of various banks and insurers.

Only you can stop this from happening again. A New York based financial firm is looking for someone with experience analyzing CDO and CDS transactions. Your role will be to analyze the structural risks associated with CDO and CDS derivative transactions and to help both internal and external clients understand the underlying risks.

You’ve got to have brains and the right papers to get this one. Applicants should have a PhD in a quantitative field, strong financial econometrics skills, and experience working with mathematical modeling and valuation. The candidates will need 5+ years of relevant structured finance experience, a passion for analyzing complex derivative transactions and strong speaking and writing skills.

With great power comes great responsibility. Don’t shirk your job as a CDS superhero!

Jobs Of The Week: JPMorgan, BNP Paribas, SAC?

Any of those firms interest you? They're all hiring. Recently laid off? Bored? Have a look-see.

Job Of The Week: Mortgage Modeler

Laid off? Worried about getting laid off? Pissed off about your bonus? Don’t crap on the floor. Find a new gig instead. The hardest part is getting started, which is why we spend some time each week searching our extensive Career Center to find you a new job. Tell them to take that job and shove it. You don’t need to work there anymore.

Mortgages are making a comeback, baby. A leading financial firm is on the hunt for a senior mortgage modeler. Here’s the job: On a daily basis, you’ll be a senior member of the mortgage research team, designing, estimating and developing MBS prepayment/default models. You will be the hands on architect for developing next generation prime prepayment models using statistical tools.

To land this, you’ll need at least 5 years of experience as a senior mortgage modeler including experience with regard to model factors, forecasts, performance and security valuation implications.

Job Of The Week: CDO Structurer

Laid off? Worried about getting laid off? Pissed off about your bonus? Don’t crap on the floor. Find a new gig instead. The hardest part is getting started, which is why we spend some time each week searching our extensive Career Center to find you a new job. Tell them to take that job and shove it. You don’t need to work there anymore.

Everyone has been coming down hard on CDOs lately, which is why this week we’ve decided to find you hard working CDO boys and girls a new job. A large European bank located in New York City is looking for a junior CDO Structurer to join their Asset Securitization group. This position will be responsible for structuring new issue CDO’s backed by various asset classes including, ABS, MBS, and other CDO’s. Don’t let them tell you it’s over baby. It has just begun.

There are dozens of new jobs each week in the DealBreaker Career Center. If you’re angry about your bonus or layoffs, it’s probably time you took a look-see.

Job Of The Week: Get Right With Putin

Laid off? Worried about getting laid off? Pissed off about your bonus? Well, it’s time to find a new gig. The hardest part is getting started, which is why we spend some time each week searching our extensive Career Center to find you a new job. Tell them to take that job and shove it. You don’t need to work there anymore.

This week's entry comes all the way from Mother Russia. Morgan Stanley's Global Capital Markets group needs a Russian Federation analyst. Pack your bags and get on the plane to Moscow. The group handles a full range of capital raising activities, from executing an IPO, a debt offering to orchestrating a leveraged buyout. They’re looking for a candidate with strong valuation and modelling skills. And, of course, fluency in Russian.

We understand that they are not considering Eugene Plotkin as a possible candidate.

Can’t speak Russian? Check out the Career Center, where there are scores of new jobs posted every day.

Job of The Week: The Mortgage Traders Make the Money!

Tired of the ice-storms that have hit Chicago and New York this week? Maybe it’s time to pack away the winter coat, break-out the surf board and move to Newport Beach, California. PIMCO is looking to high a junior portfolio manager with commercial back securities trading or analyst experience. PIMCO is recruiting for a Junior Portfolio Manager with Commercial Mortgage Backed Securities (CMBS) proprietary trading or Analyst experience.

Every week we look through our Career Center to find a special job to bring to your attention. But keep in mind that there are scores of new positions advertised daily. Now is the time to start looking if you’re planning to take the bonus and run!

Job of The Week: High Yield Analyst

The turmoil in the credit markets have left a lot of people with credit experience and skills wondering about their future. DealBreaker is here for you! For our job of the week we’re pleased to announce that a premier U.S. investment bank is seeking an experienced high yield analyst to join their team. Ideal candidate will have 2-4 years of experience in credit research. Sector experience is not important, strong credit skills a must. Must have a strong understanding of covenants and indentures, expertise in looking at financial statements.

There are dozens of new jobs each week in the DealBreaker Career Center. If your worried about your bonus or layoffs, it’s probably time you took a look-see.

Job Of The Week: Credit Analyst!

Pretty much everyone needs more credit analysts these days. New York Life Investment Management LLC, one of the largest managers of high yield and leveraged loans in the United States, wants to add a Credit Analyst to its Leveraged Loan team. Get on it!

Job of The Week: Out Of The Bank And Into The Hedge Fund

Every week we spend a few hours searching through the many, many positions advertised in our career center to find one special ‘help wanted’ ad that we think you deserve to know about. This week’s winner comes from a major US based credit hedge fund with 9 billion under management. The fund needs an analyst and an associate to cover high yield and high grade Investments. So if your fixed-income position at the bank seems a bit broken these days, this might be just the thing for you.

But you don’t have to take our word for it. There are scores of jobs in the career center. Make something happen.

Credit Hedge Fund 9 Billion [Career Center]

Job Of The Week: Who Wants To Run A Prop Trading Desk?

We like to end every week with something for our readers—namely a job offering. So we spend part of the afternoon combing through our Career Center in search of the most interesting jobs. There are dozens to choose from, all categorized according to specialization. Hedge fund jobs? Yep, we’ve got those. Commodities work? You know those guys are hiring. Risk management? Who on the Street isn’t looking to improve their risk management teams? And we haven’t forgotten to include old-fashioned, plain vanilla investment banking. If you’re worried about layoffs or think your bonus might not be up to snuff this year, you might want to check out these offerings.

For our job of the week, we’ve selected something for those of you who have been toiling away for the street for years. A top tier bank is looking for a senior member of it’s management committee to start up a credit trading operation. Currently, they have no credit trading operation in place. They want someone with at least eight years of experience in fixed income trading. This is your shot at the big time. Get it done.

Career Center [DealBreaker]

DealBreaker Gets You A Better Job

The financial sector added no jobs in August and new job cuts may be on the way. What better time to find yourself a new gig? Fire your boss before he fires you. We’re here for you, our friends. That’s why we started the DealBreaker career center and why we bring a new set of jobs to your attention every week.

Equities Traders or those of you who aspire in that direction will want to look at this job from Ellington Management Group, a relative value shop which has hedge fund assets of around $5 billion. They’re looking for some new blood to fill our their newly formed long / short equity investing operation. Two to three years experience and a college degree gets you in the door. This is that hedge fund trader job you’ve always said you wanted. What are you waiting for?

• Worried about outsourcing? Outsource yourself by taking this position with the Susquehanna International Group, which is setting up an investment banking shop in India. It’ll help if you’re a native Hindi or Bengali speaker, of course. Why not spend some time back in the homeland?

Blackrock is looking for a quant. Facility with numbers and programming plus a grad degree—PhD or MBA—should get you the interview. You might be able to help Blackrock avoid the next quant bloodbath. The big drawback: you’ll have to figure out how to spend all the money you’ll earn. Life is tough.

• You know who is still hiring? That’s right, Bear Stearns. Forget that Bess mysteriously titled her post about Goldman Sachs new hires “Fire James Cayne.” The Bear is not going into hibernation. It needs a sales assistant up in Boston. Might be a good fit for those of you looking to get a foot in the door.

• This one isn’t exactly surprising: an unnamed firm is looking for someone to run their credit ratings operations. That business has been a mess lately and obviously their looking for someone to straighten things out. They won’t give their name but they say they are “the world's foremost provider of financial market intelligence” so it’s one of the biggies. (Here’s a hint: that’s the motto of Standard & Poor's.)

There's a lot more where these came from.