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mtsm
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Posts: 78
Joined: July 28th, 2010, 1:40 pm

Looking at Europe: Germany, Switzerland and the UK

September 24th, 2015, 11:51 am

Hi,I am interested in getting a handle on the job situation in quant finance (whatever that means) in Germany and Switzerland, possibly the UK. What is it like there? Is it like here in the tri-state area?Can anyone recommend a few good recruiters please? PM me if you want to please.Your help would be much appreciated.Thanks,M
 
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bearish
Posts: 5906
Joined: February 3rd, 2011, 2:19 pm

Looking at Europe: Germany, Switzerland and the UK

September 24th, 2015, 11:46 pm

Umm - which one do you mean? Tri-state area.
Last edited by bearish on September 24th, 2015, 10:00 pm, edited 1 time in total.
 
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tags
Posts: 3603
Joined: February 21st, 2010, 12:58 pm

Looking at Europe: Germany, Switzerland and the UK

September 25th, 2015, 5:01 am

CHF is damn strong.
 
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Gamal
Posts: 1533
Joined: February 26th, 2004, 8:41 am

Looking at Europe: Germany, Switzerland and the UK

September 25th, 2015, 5:25 am

They fire these days. Wait until they start to hire.
 
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DDUKON
Posts: 0
Joined: September 14th, 2011, 8:46 am

Looking at Europe: Germany, Switzerland and the UK

September 25th, 2015, 10:11 am

I would go with UK. Used to work for Deutsche Bank , no much quant expertise there, everything happens in London. Not sure about Switz.France has good quant teams too .
 
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mtsm
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Posts: 78
Joined: July 28th, 2010, 1:40 pm

Looking at Europe: Germany, Switzerland and the UK

September 25th, 2015, 1:23 pm

I meant greater NYC...I am not even considering france... I can't imagine anything going there.
 
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Cuchulainn
Posts: 22937
Joined: July 16th, 2004, 7:38 am

Looking at Europe: Germany, Switzerland and the UK

September 26th, 2015, 4:57 pm

QuoteOriginally posted by: mtsmI meant greater NYC...I am not even considering france... I can't imagine anything going there.In France, you can get real French food. In Soho you might get lucky but a glass of wine will cost you $10 and there's 20% tip. And none of the waiters is French :)
Last edited by Cuchulainn on September 25th, 2015, 10:00 pm, edited 1 time in total.
 
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TehRaio
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Joined: August 19th, 2014, 3:29 am

Looking at Europe: Germany, Switzerland and the UK

September 27th, 2015, 2:00 am

QuoteOriginally posted by: mtsmI meant greater NYC...I am not even considering france... I can't imagine anything going there.http://www.indeed.fr/emplois?q=ingenieu ... if&l=there are jobs, but you need to speak french.if you have a PhD, Capital Fund Management (don't need french) likes your type.
 
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liam
Posts: 4
Joined: November 16th, 2004, 11:51 am

Looking at Europe: Germany, Switzerland and the UK

September 27th, 2015, 1:34 pm

QuoteOriginally posted by: TehRaioQuoteOriginally posted by: mtsmI meant greater NYC...I am not even considering france... I can't imagine anything going there.http://www.indeed.fr/emplois?q=ingenieu ... if&l=there are jobs, but you need to speak french.if you have a PhD, Capital Fund Management (don't need french) likes your type.I agree - there are jobs in quant finance in France. Best students in my MSc were, by far, French. Well at the start anyway, I still beat them with overall grade :) Also one of the best hires in my first firm was French. Also when I did Project Finance, French banks had a reputation for thorough credit analysis (it was an area of finance that didn't contribute to the crisis like others did).For the OP I would say though the activity is always in London and Dusseldorf. Thing about finance is if you're not in the right background or position location will not make a difference and uninformed people will keep telling you you've just got to "plug away" and "play the numbers game". You do that and likely you'll keep doing it until the penny drops that you need an MFE or are better off elsewhere, a waste of time. Just saying - you haven't mentioned what you've done and the days you could go in, knock out code and SDEs and show some understanding of products are long gone.
Last edited by liam on September 26th, 2015, 10:00 pm, edited 1 time in total.
 
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mtsm
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Posts: 78
Joined: July 28th, 2010, 1:40 pm

Looking at Europe: Germany, Switzerland and the UK

September 28th, 2015, 1:47 pm

Thanks for the replies. In answer to the last three, I am sort of French, so I know what you are talking about in terms of food. I am also acutely aware how screwed up the labor market is in France and the links you posted aren't actually not really telling a different story than that there aren't that many jobs there. It's really the reason why I wanted to ask about other European countries, specifically Germany, Switzerland and the UK. So, say, what about hedge funds in Gerrmany? If so where?My background is on the sell- and buy-side in rates, ranging from IT all the way to trading. But my perspective is entirely US based. I have no idea what is at play in Europe.
 
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Gamal
Posts: 1533
Joined: February 26th, 2004, 8:41 am

Looking at Europe: Germany, Switzerland and the UK

September 29th, 2015, 9:01 am

There's a massive jobs cut in big banks in Germany. Don't come here unless you really have to.Do you speak German? It's not easy to survive in Germany without fluent German.
Last edited by Gamal on September 28th, 2015, 10:00 pm, edited 1 time in total.
 
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mtsm
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Posts: 78
Joined: July 28th, 2010, 1:40 pm

Looking at Europe: Germany, Switzerland and the UK

September 29th, 2015, 1:22 pm

Yes I am fluent in German. I sort of have the sense that big European banks are pretty much all in trouble these days. What about funds? What's the scene like in Germany?And what about technology specifically data related applications?Are you based there? Mind me pm'ing you?
 
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Gamal
Posts: 1533
Joined: February 26th, 2004, 8:41 am

Looking at Europe: Germany, Switzerland and the UK

September 29th, 2015, 3:23 pm

German funds operate from elsewhere, mostly from Luxembourg due to legislation and taxes. There're some quant consultants like d-fine, there're big and smaller banks and insurers. Pay is good, bonuses practically don't exist, job stability much higher than UE or UK. Or it was until now :/ PM me your cv and I'll distribute it aroud but don't promiss anything, the time isn't good.
Last edited by Gamal on September 28th, 2015, 10:00 pm, edited 1 time in total.
 
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coffeemaker
Posts: 0
Joined: September 30th, 2015, 8:48 am

Looking at Europe: Germany, Switzerland and the UK

September 30th, 2015, 11:55 am

Hello,I just joined the forum since it is about Germany where I live.I found the following ad:https://www.db.com/careers/de/berufserf ... c.jobadand I have been at the open door day of the Deutsche Bank here in Berlin last June. They say they keep looking for quants mainly for model validation and credit risk. They said they are hiring about twenty analysts per month since 2010 when they opened. However, this does not tell much, since they did not say how many were laid off ...
 
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fk
Posts: 1
Joined: November 14th, 2012, 1:59 am

Looking at Europe: Germany, Switzerland and the UK

September 30th, 2015, 5:08 pm

My impression is that there hardly any interesting quant jobs in Germany (if you don't consider risk interesting). In continental Europe, the Netherlands can also be interesting, some of the European HFT companies are there. But most of the quant jobs in Europe are definitely in London, also at banks that have their headquarters in continental Europe.