The Wall Street talent pipeline is facing big shifts, from the influence of private equity firms to the way roles are changing within the sector.
In this episode of the Searching Smarter podcast, we sit down with Dan DeFrancesco, Deputy Editor and Anchor for Insider Today, to get a look into some of the biggest trends in financial services and the impact they are having on the talent market.
With years of experience reporting on the issues impacting talent and organizations, Dan shares insights into the current state of Wall Street junior talent, the expanding role of private credit, and how data centers and AI are reshaping the roles that firms are hiring.
This episode isn’t just for job seekers, recruiters, or hiring managers -the topics we cover are relevant to anybody working in or impacted by the financial services market.
In this episode, we cover:
- 0:00 - Intro
- 1:41 - The Wall Street junior talent pipeline in investment banking and private equity: how it’s evolving and what this means for job search.
- 5:08 - The impacts of changes in the junior talent pipeline.
- 8:15 - Is AI upending junior roles within financial services?
- 11:32 - The current state of the private credit market and what it means for careers within the sector.
- 15:00 - Potential resume red flags and perceptions within the industry.
- 20:26 - How the rising need for data centers is reshaping investment and hiring priorities.
- 28:18 - Insights from recent earnings reports from U.S. investment banks and what they mean for the M&A market.
- 32:02 - Can we expect a return to normalcy in the job market within financial services?
- 35:01 - What would a “soft landing” look like for recruiters? Is a return to the hiring trends of 2021-2022 possible?
Be sure to subscribe to the Selby Jennings’ Searching Smarter podcast on your favorite podcast platform, so you never miss an episode.
NOTE: Please be aware that our next episode will be available on December 4th, to avoid the Thanksgiving holiday.
LEARN MORE
Subscribe to Dan’s newsletter, Insider Today: https://www.businessinsider.com/subscription/newsletter/insider-today
Selby Jennings - https://www.selbyjennings.com/
Phaidon International - https://www.phaidoninternational.com/
CONNECT
Jesse Skaff on LinkedIn - https://www.linkedin.com/in/jesse-skaff-0783645b/
Dan DeFrancesco on LinkedIn - https://www.linkedin.com/in/dan-defrancesco-29b12449/
LISTEN
Spotify - https://open.spotify.com/show/3BAUCsXbXiNqnfXR9jDG4k?si=4a75d55cf5a74d6e
Apple Podcasts - https://podcasts.apple.com/us/podcast/searching-smarter/id1770342621
YouTube - https://www.youtube.com/channel/UCkk9RrybV10doAzoXuK5jYw