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The Most Unique Way to Get a Job on Wall Street


"Don't look for a job," advises one expert. "Create yourself as the best candidate for the job. Then I think you might even have people coming to you."

MINYANVILLE ORIGINAL When searching for a new role in the financial sector, job seekers could send out a few resumes and cover letters. They could respond to ads in the local paper. They might even talk to a few friends, hoping that they know someone who is hiring.

Or they could take an entirely different approach and go directly to a prospective employer. "Don't look for a job," advised Andrei Knight, hedge fund expert, founder, and Senior Currency Strategist at "Create yourself as the best candidate for the job. Then I think you might even have people coming to you."

How, exactly? "My cousin is a business consultant," Knight told StreetID. "He's an MBA. He's done this his whole life. He has never filled a job opening. Every job he has gotten he has gotten by submitting a proposal to the company. He finds out what they do, he finds their inefficiencies, and then he writes them a proposal on how he can make their life easier or make them more profitable if they hired him. The cost of hiring him is often less than the amount of money they're losing through the inefficiency."

Knight said that job seekers need to realize that we "live in different times." Now that the world has changed, "we have to change our approach a little bit."

Despite the many challenges ahead, Knight has some positive news.

"If anything, I don't think I've seen a slowdown [in hiring], I think I've seen a pickup in the last couple months," he said. "What I'm hearing from a lot of hiring managers is not that they don't have jobs, it's that they're having trouble finding qualified talent."

Knight said that if he were to offer a piece of advice to the unemployed, "I'd say that the jobs are out there, what you have to do is get creative and get out there and get some new skills."

"Don't keep trying to do the things that worked for you 10 years ago," Knight advised. "We're in a different economic reality. The jobs are out there if you have the right skill set."

When asked about the skills that a job seeker should obtain, Knight noted some common differences. "A trader's job has very different requirements and skill sets from an analyst's job," he said. "If you're selling funds, that's a totally different area entirely. Whatever position you're seeking, you have to research it.
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