FireDrill Investment Banking Recruiting News

Posted by Tom Ragland

FireDrill Investment Banking Recruiting News

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A Brief, Reliable, Rundown of Investment Banking Recruiting


April 15, 2024

HARRISON RUSH & FIREDRILL INVESTMENT BANKING RECRUITING NEWS

MARKET UPDATE  

The lateral recruiting market remains challenging but improving, slowly. There is a sense of optimism and over the past week there has been an increase in the number of new openings.

Santander continues to hire from banks like Perella, Credit Suisse, William Blair and Moelis. Recent hires will fill out gaps in technology, specialty finance and insurance.

Leerink Partners has hired Tim Hotchandani for healthcare deal making. Mr Hotchandani covers life sciences tools and diagnostics.

Wells Fargo has hired veteran leveraged finance banker Alexander Barth from Deutsche Bank.

BASE SALARY UPDATES

Analyst base salary ranges-

Analyst 100-150K

Associate 175-250K

Vice President 225-300K

Director 300-375K

Managing Director 300-500K

We have a firm by firm breakdown. Please inquire if interested.

WORDS OF WISDOM  

If you have been affected by a force reduction or termination it is always better to let prospective employers know your situation. All to often prospective candidates fail to mention this fact and hiring managers find out to late resulting in a failed candidacy. Employers want to hire people they trust. Being unemployed is scary but we make it worse by not being forthright. It does not matter what we do for a living; it only matters how we do it.

HOT JOBS  

Associate Industrials – Southeast, United States

Associate Healthcare ECM-NYC

Analyst/Junior Associate-Digital Assets. Institutional provider for digital assets. The firm is a public digital asset company looking for a junior banker in NY or London 

Vice President – Digital Infrastructure and Enterprise Software– This role is well-suited for a VP who wants to market and grow their own coverage universe. The role is less execution and more marketing, pitching, and meeting clients. The role is not responsible for revenue. You will be acting as the #2 for a senior MD. This can be in NY or Chicago. No H1Bs/ Open to relocation  

Vice President – Tech and Business Services– Execution focused / middle market sell-side M&A.  

Vice President FIG– Multiple roles in Insurance/ Specialty Finance and Banks in NY.  

Associate tech– Multiple roles NY/ BOS/ SF  

 I wish everyone well. I am happy to help. 

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ABOUT THE AUTHOR

<a href="https://investmentbanking360.com/author/t-ragland/" target="_self">Tom Ragland</a>

Tom Ragland

Tom founded the Harrison Rush Group in 2008 amidst the chaos of the financial crisis and his personal journey of adopting a child. Recognizing the importance of relationships, Tom focused on providing light-hearted news and recruitment tips for Wall Street. With a keen sense of empathy and curiosity, he thrives on connecting with candidates and managers, always striving to understand their motivations and goals. Tom’s ultimate drive lies in making meaningful connections and giving back to the community that has supported him.

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