Layoff - Dealing with headhunters

was recently laid offas a data scientist focused on alternative data at a mid-sized shop. The firm decided to move the R&D team to a foreign country and so my team was let go.

我still feel gutted. I was a top performer, worked at the firm for almost 3y. My manager is willing to be a reference as well.

试图充分利用它,我正在接触猎头。

我am very concerned that I am not asure shot候选人。我如何克服int时放手eracting with top head hunters?

Thanks for the helpWSO. Appreciate any advice being offered by the community.

Comments (21

最有帮助
1y
Telemachus, what's your opinion? Comment below:

我根本不会担心。

You're in one of the hottest areas of the industry. Just get your story down pat and be able to articulate what you want to do next. This is an industry that turns over fairly quickly, so no one is going to really care that you were let go.

You may also want to reach out directly to a few firms that you know of, headhunters offer questionable value (except for the ones who have the rare sole mandate) and it may be better in certain cases to go direct to a fund.

Keep your head up. You'll land a new seat in no time.

Best of luck!

1y
Telemachus, what's your opinion? Comment below:

我发现猎头通常都具有相同的资金角色,除了将简历数据包发送给基金之外,没有更多的价值。但是,如果猎头的任务只有他们只有他们的任务,那就是一个不同的故事。

我f you have an in at a fund you can go directly to, it may be better than using a headhunter. There's also ltd downside to going to a fund directly vs a headhunter, as headhunters will always be around.

猎头的另一个好处是他们与您不知道的资金的联系,因为这是一个大行业。

我'm sure you'll find something! Best of luck!

1y
powerforward1, what's your opinion? Comment below:

你们实际上是在贡献PNL吗?如此多的资金尝试了ALT数据,其中大多数都失败了

Array
  • Analyst 2Research - Other
1y

Many funds are applying alt data blindly without understanding sampling biases or flaws in the data. They're just trading off short horizon forecasts. Just the release of raw data panels causes markets to move. Mainly common among old school star arb quants making a foray into alt data.

除此之外,最遵循的ALT数据源(即信用卡)的价格为完美,对于顶线Rev。发生了很多人拥挤,然后人们因未能捕获而被误认为是错误的margindrivers or guidance revisions. Most common among fundamental teams trading off discrete alt data signals.

我t is not cynical to say that one can find alpha by fading alt data.

But there are several other exploitable opportunities derived from the problems described above.

Was not直接贡献PNLas I was part of a research team but my work made a notable difference, esp last year when COVID hit.

Yearning to be closer to the action alongside the investment team. Have a few tricks.

1y
powerforward1, what's your opinion? Comment below:

so why did they offshore the alt data team then? to cheapen data engineering/cleaning?

Array
  • 分析师3+高频-武器装备tyHedge
1y

sorry to hear you've been let go. This is part and parcel of the industry.

Not sure exactly what your role was and the type of data you look at, but I know Exodus and Schonfeld are building teams.

Do you have experience back testing your ideas and optimizing them as part of a portfolio? This would be more marketable.

还是您加入了一支将想法提供给PMS的研究团队,然后可以使用您发现合适的功能?

一般来说,夏普alt数据是相当低的(~ 1)但是if you have several signals that are orthogonal and you think are not widespread it would

也很简单地向多管理人员投放PMS,他们将使您的子PM座椅固执,并让您在小面团上进行测试。

  • Analyst 2Research - Other
1y

This is also valuable advice, thanks.

Was mostly focused on assisting fundamental analysts.

确实使用利基数据集构建了系统的LS Strat。达到了similar 1ish sharpe, which was a bit underwhelming since the s&p is having a 2 sharpe year. Could have improved it by combining other strats or even just improving the mappings.

Schonfeld is hiring stat arb quants so I would not be a good fit. Thank you for the exodus tip.

1y
Smoke Frog, what's your opinion? Comment below:

兄弟糟透了,裁员总是会让您感觉像是附带的伤害,就像风暴中的一棵树一样。

Do you have a rainy day fund? How many months severance did they give you.

我would take a week or two to just process and clear your head. And then the steps to finding a new gig or more about hard work and luck, than any secret process.

  1. Reach out to your current manager, current and old colleagues and friends at similar shops and let them know why you're looking. Many people I know got jobs that were never officially posted, but through direct referrals. The soft skill of networking is actually more important than your technical skills.
  1. 查找您要在网站上工作并申请的商店,尝试通过LinkedIn和消息找到人力资源联系人。然后,此命中率可能很低,但是我也很幸运。
  1. Reach out to headhunters.
  • Analyst 2高频-武器装备tyHedge
1y

除了defluri fuga diguptatum dignissimos delectus nisi ab sauctatur。Aspernatur Perferendis Eligendi Commodi Dolores Aut Recation Sed。Debitis Maxime praesentium accusantium nam Architecto rerum。

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