Recruiting in Zürich/ Geneva vs London

Hi all,

I'm currently an incoming second year at a UK target (Oxford/ Cambridge), and soon to begin applying for summer internships for next summer.

For now, I've mainly been thinking of London (natural office to apply to, and I like London a lot) but increasingly I've been thinking of trying to start my career in Geneva/ Zürich. I've spent time growing up here (parents work here), and now especially in the backdrop of corona/ Brexit, the UK seems to have gone mad, while I've really enjoyed spending the summer in Switzerland so far (skiing is also probably my favourite pastime - so another reason to come).

The main issue I can see is that I can't speak a word of German or French as I'm not Swiss, and I've only ever gone to school in England. On a day to day, it seems everyone here speaks English, especially in Geneva/ Zürich -- but I was hoping you could all share your thoughts on working here without any local languages?

Also, is it generally possible/ okay to apply to multiple offices? And are there any banks/ funds which are particularly prominent in Switzerland and/ or which may seem particularly undemanding of German/ French speaking ability?

I'm mainly interested inAM/HF, but will also be applying toIBto diversify and because there are more spots available.

Many thanks for your help!

Comments (11)

Aug 17, 2020 - 4:49am

For most roles there German (and french to a lower extent) will be required. I do agree that Zurich offers an amazing quality of life. For most banks you can apply to multiple locations, so shoot your shot and apply to both London & Zurich. But I wouldn't expect too much from the Swiss side.HF/AMinvesting roles are mostly in London with few family offices / one-offHFsbased in Zug/Zurich.

The thing I don't get is why you went to school in the UK, when you clearly had an amazing opportunity to learn languages in Switzerland. Surely your parents only considered the pros of sending you to a top boarding school in the UK and not the multinational aspect of studying in an international school in Zurich!

  • ProspectinIB - Gen
Aug 17, 2020 - 5:35am

Thank you @Pan European Monkey" ! Great to hear its possible to apply to both, so will give both a go as you say, but clearly will focus on London because of the languages. If I were to do a summer in London, and successfully convert, would requesting a lateral forFTbe any easier than applying for ZRH outright?

And I'm surprisedAMisn't big in Switzerland as I know private banking/PWM肯定是,我假设以及client management side, there would be roles on the investing one.

And I really can't fault the education I've had in the UK (and I'm currently really enjoying university, minus what's happened because of COVID) but it probably would've been a good idea to pick up and learn some languages while in Switzerland ... My brother is currently at an international school, and while he seems to enjoy himself, I can't say that the education (or university options) have been anywhere near as good (and I wouldn't say his language skills are much better than mine)!

Thanks again for the advice,

Aug 17, 2020 - 5:44am

You could try to request a transfer to Zurich directly but I am not sure how well that would be percieved/successful that would be (onlyUBS/CShaveIB我认为办公室ZRH)。一年或两年之后shouldn't be too hard to come back to Zurich on the other hand. Frequently inIBDACH is covered from Frankfurt (most USBBsdo it like this).

最有帮助的
Aug 17, 2020 - 5:00am

I grew up in CH and left, but have worked in both CH, UK, US and other places

  • they prefer if you'd speak German and/or French. I know people who only speak English. It is a possibility but a disadvantage. if you like languages I would encourage you to start learning German/French.
  • size of industry/relevance: much smaller thanNYCand London, obviously. this is great if you prefer to work in finance but don't want to be the epicenter of the industry. there are a lot of family offices, smallerHFs, lots of boutiques and a lot of wealth players. Interesting to see a different world of finance, but it won't be like the traditionalBBsin the big places.
  • culture: the Swiss culture is very different from a life inNYCor London. both work and leisure life will be a huge change for a person who lived in the UK or the US. Even though I have spent a good chunk of my life there I still have to change my entire mindset after working in London andNYC.
  • 6
  • ProspectinIB - Gen
Aug 17, 2020 - 5:48am

ThanksGumball3000, this is really helpful. I think I'd actually prefer a slightly quieter job in finance not in the epicentre! And from just spending time here mainly in holidays, I very much enjoy the lifestyle/ leisure (esp. in the mountains!) -- and for work, it seems there's much better W/L balance in general.

If I might also ask, are there any particular divisions in which German/ French language skills appear less needed (from your experience, and those who you know that only speak English)?

Thanks again

Nov 9, 2020 - 3:00pm

Hey Gumball,

Thanks for your insight. I am considering moving to either Zurich or Geneva very soon to work for aPB. As a Londoner myself, what advice or suggestions can you offer for helping me adjust to working in Switzerland to help the transition please? Much appreciated as I don't know any locals personally!

Aug 17, 2020 - 6:55am
Prospect in S&T - Comm:

Passport will be a big factor

All EEA passports can gain work permits for CH. Inclusive of LI, NO, and Iceland. I haven't seen any new requirements for UK citizens.

  • ProspectinS&T - Comm
Aug 17, 2020 - 7:33am

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