Serving the Quantitative Finance Community

 
User avatar
dj99b
Topic Author
Posts: 0
Joined: August 17th, 2006, 11:34 pm

Agency won't say name of hiring bank

March 26th, 2009, 1:46 pm

If an agency refuses point blank to say the name of a hiring bank prior to submitting a CV, this sounds dodgy.Is there anything I can throw at them to encourage them to be a little more open with information, or should I just cut all ties with them instead ?
Last edited by dj99b on March 25th, 2009, 11:00 pm, edited 1 time in total.
 
User avatar
DominicConnor
Posts: 41
Joined: July 14th, 2002, 3:00 am

Agency won't say name of hiring bank

March 26th, 2009, 2:41 pm

In this market, any HH is of course just a bit more guarded about giving away the name of those who are still hiring.But it would not be saying much to say a firm like GS is looking for someone like you, unless your job is both highly specialised and/or senior.If (for instance) you were head of risk analytics at a firm, and you were being asked to consider roles at GS, you'd be smart enough to work out that the current holder of that job (who you may know personally) is on his way out.Happens more often than you might think, but is not the normal situation at all. More commonly, management perceive that there is risk by letting this info out.There do exist a small number of very sensitive clients indeed who merely by letting be known that they are hiring someone like you, that would be an issue for them.In my experience, dj99b's issue often comes about when you have a junior HH who's been told by their boss not to say, so perhaps you need to speak to the main agent on the case.It's also worth asking the general class of the employer, whether it is a HF, (former) IB, foreign bank, etc, and of course whether it is TARPed or not.
 
User avatar
pipih2008
Posts: 0
Joined: June 27th, 2008, 2:07 pm

Agency won't say name of hiring bank

March 27th, 2009, 1:21 am

Last edited by pipih2008 on March 26th, 2009, 11:00 pm, edited 1 time in total.
 
User avatar
jomni
Posts: 0
Joined: January 26th, 2005, 11:36 pm

Agency won't say name of hiring bank

March 30th, 2009, 6:27 am

Here's what I think. If the HH immediately gives the name, what's there to stop you from going directly to the company and ignoring the HH? That's lost commission for the HH.