MWE SHORT: Paul McCormick – Finding your First/Next Financial Job

“There is a mismatch between the way companies like to hire people and the way graduates and young professionals like to get hired.”

Paul McCormick has represented a half dozen of the biggest names in the banking world in his 30 years as a fixed income trader. Now he works as a graduate recruiter for Thomson Reuters, and also writes a blog, Opening City Doors, that helps graduates and young professionals find a place in the London financial scene.

He says most companies’ recruitment flow charts run from the top down – internally, personal referrals, LinkedIn contacts, professional recruiters – and resort to company web sites and submitted CVs only after those other channels have been exhausted. Job seekers who rely primarily on the lowest channels will likely be disappointed. The successful candidate will listen to McCormick’s talk and follow his instructions.



Other MarketsWiki Education Series’


MWE SHORT: Ben Van Vliet – The Nature of Competition

MWE SHORT: Ben Van Vliet – The Nature of Competition

“You can’t tell Derrick Rose or LeBron James he’s not allowed to fake out an opponent.”

Ben Van Vliet, Assistant Professor and Associate Director at the Illinois Institute of Technology, discusses the nature of competition in the financial industry and the impact of deception in the markets.