Follow by Email

Friday, September 28, 2012

We're Hiring: Macro Analyst (JUNIOR) Top Fund NYC

-------
Candidates MUST HAVE green card, US CITIZENSHIP, or valid current h1b with AT LEAST 3 YEARS LEFT.

Call or text 203-29-QUANT 203.297.8268 if you have any questions and are qualified for this role or others posted.

Please speak clearly if leaving a voicemail, and let me know the role you are applying for and if you have sent a resume or not. You may call or text at any time. All discussions and messages are fully confidential...

Email resume onto QuantRec @gmail.com & Quant at QuantRec dot com.

Goto http://www.QuantRec.com for updates on jobs, bookmark it!

Also include the best times to reach you over the near term (this week & or next week).

Candidates MEETING MOST OF the SPEC below will be contacted PROMPTLY.
-------

Macro Group seeks a investment analyst for its New York or other office.
  
The ideal candidate will have a quantitative bent and a familiarity with financial concepts, basic statistics, and asset pricing.  Familiarity with Excel and Bloomberg is preferred but not required. This role affords the opportunity to gain expertise in macro investing, to contribute as part of an established team, and to be directly exposed to investment decisions by collaborating with seasoned, senior members of the firm. 

Search Pointers: 
- 0 to 3 years of experience 

Wednesday, September 5, 2012

Facebook Pulling A Clever Trick On Investors

Facebook Pulling A Clever Trick On Investors

Shares edged higher this morning, following CEO Mark Zuckerberg‘s declaration that he won’t sell any shares for at least 12 months. Zuckerberg could not have expected more from the ploy.
Investors, however, should demand much more. For Facebook, this is less a decision to make new friends than a clever bit of foolery.
Here’s what that filing told us: Zuckerberg isn’t selling. Directors Marc Andreessen and Donald Graham will sell just enough to cover their tax bill. The stock will come under fresh—and fairly intense—selling pressure in coming months; Facebook will allow employees and early investors to cash out equity sooner than expected. “We are still talking about 800 million shares potentially coming to market in November, down from what could have been 1.2 billion, assuming Mark sold his full stake, ” says Evercore analyst Ken Sena, “ which I think few expected him to do.” And by withholding 101 million shares to cover tax bills, Facebook will, in effect, execute a stock buyback.

Tuesday, September 4, 2012

Here's What Republicans Said When They Rejected A Return To The Gold Standard 30 Years Ago

Here's What Republicans Said When They Rejected A Return To The Gold Standard 30 Years Ago

"People have been buzzing about  the recent announcement that the 2012 Republican Platform will include a commission to study returning to the gold standard.

Here's something we didn't know: Republicans already studied the idea, 30 years ago. And they rejected it."

DAR Stays Strong With Increased Corn Prices - CEO Interview $DAR

DAR Stays Strong With Increased Corn Prices - CEO Interview

We're Hiring: Junior Flex Developer (Top Financial Firm, NYC)

-------
Candidates MUST HAVE green card, US CITIZENSHIP, or valid current h1b with AT LEAST 3 YEARS LEFT.


Call or text 203-29-QUANT 203.297.8268 if you have any questions and are qualified for this role or others posted.

Please speak clearly if leaving a voicemail, and let me know the role you are applying for and if you have sent a resume or not. You may call or text at any time. All discussions and messages are fully confidential...

Email resume onto QuantRec @gmail.com & Quant at QuantRec dot com.

Goto http://www.QuantRec.com for updates on jobs, bookmark it!

Also include the best times to reach you over the near term (this week & or next week).

Candidates MEETING MOST OF the SPEC below will be contacted PROMPTLY.
-------

Associate Level, 3-10 yrs experience

80-125K base (depending on level of candidate), plus bonus


Job Description:

Flex developer to develop the front end to a risk management system
for fixed income trading.

Client would like to hire a developer who specializes in GUI
Development, ideally with Flex but they're open to considering GUI
Developers who work with GWT.

The current front-end to this system is developed in Swing and they
want to modernize with either Flex or GWT.

This position will focus on the front-end, however if person knows
Java they would also participate in server-side Java development -
this is a plus, not a requirement.

This person must also know at least basic SQL.

Client would prefer a developer with around 5 yrs experience, but
candidates anywhere in the 3-10 range will be considered.   Less than
3 and person is likely to be too junior and more than 10 and person is
likely to be over qualified.

Monday, September 3, 2012

Jenkins set to cut bad products

Jenkins set to cut bad products

"BARCLAYS could look to cut unprofitable business lines in its investment banking and other arms under a structural review planned by new boss Antony Jenkins.
The incoming chief executive has pledged to keep the investment bank intact and said he values the universal banking model.
But his background in commercial and retail banking means some analysts are concerned he could reduce the focus on the profitable investment banking unit.
Jenkins is launching a thorough internal review into each unit and product line in an effort to make the bank more efficient at a time when the increasing burden of regulation risks squeezing profits.
This could be a particular challenge as Jenkins told City A.M. he wants to implement potentially costly changes – like the ring-fencing of the retail and investment operations, and rising capital ratios – ahead of regulators’ targets.
The review will run in parallel with the Salz review into the behaviour and culture of staff at the bank, and will report in the first quarter of next year. Antony Salz’s review will report by the time of the annual general meeting in April.
It is not yet known who will replace Jenkins as head of retail and business banking, or whether Jerry del Missier will be replaced as chief operating officer, having resigned over the Libor scandal."

Was it a risky move by Barclays to appoint Antony Jenkins as its new chief executive?

Was it a risky move by Barclays to appoint Antony Jenkins as its new chief executive?

YES Erin Davis All in all, we're pleased with the appointment of Antony Jenkins but note that it is not without risk. Together, Walker and Jenkins project a credible and much-needed change in Barclays' corporate culture. In our opinion, former chief executive Bob Diamond's often brash demeanour exacerbated negative public and political sentiment towards the bank. Jenkins, with his roots in retail banking, is likely to scale back on investment banking and refocus the group on its retail and corporate banking businesses.

It is likely that Jenkins will lean heavily on lieutenants and on Walker's experience in investment banking as he gets to know the business. We'll watch for signs that he is having trouble managing the complex investment banking business, or for departures of key people, which could indicate a lack of confidence in Jenkins's leadership.

Erin Davis is a banking analyst at Morningstar.

NO Ralph Silva Barclays is going through the most challenging period in its history due to challenges in the investment banking operations. Having a leader that has a retail background provides a strategic realignment that will help Barclays. The bank needs its brand repaired and, in a universal banking model, brand perceptions are established on a retail level. Having a retail expert in charge provides Barclays with the quickest path to recovery. I don't believe an external chief executive would have been a good idea.

Barclays is a very old bank and has a unique, complex culture. An external candidate would take too long to acclimatise and time is paramount as the bank remains under intense pressure. Jenkins's priority must be to bring the litigation issues to an end and find a balance between retail and investment banking, which will be the starting point in rebuilding the bank.

Ralph Silva is a banking analyst at Silva Research Network.