24 August 2015
On September 15th, The Execu|Search Group’s Bridge Travel Healthcare division is hosting an information session for therapy and nursing professionals on travel healthcare careers! At the event, attendees will have the opportunity to learn about the benefits of pursuing a career in travel healthcare from The Execu|Search Group’s Jordan Weiss and Robert Palermo as well as hear from seasoned travel professional, Eric Conklin, RN, about his experience working as a travel healthcare professional for many years. “Since the demand for travel healthcare professionals is expected to strengthen as the industry continues to evolve, now is the perfect time to take advantage of this opportunity to learn more about the field,” notes Jordan Weiss, Staffing Manager of The Execu|Search Group’s Bridge Travel Healthcare division, who helped organize the information session. The travel healthcare information session will be held on September 15th from 6:30pm-8:30pm at The Execu|Search Group’s corporate headquarters, located at: 675 3rd Avenue, 5th floor, New York, NY 10017. The schedule of the event includes: 6:30-7:00: Networking and refreshments 7:00-8:00: An overview of opportunities and benefits of travel healthcare, including guest speaker, Eric Conklin, RN 8:00-8:30: A question and answer session, with the opportunity to individually speak with Jordan, Robert, and Eric Conklin, RN If you are a Registered Nurse or licensed therapist (PT, OT, SLP) interested in attending the information session, please RSVP to Jordan Weiss (firstname.lastname@example.org) with the subject line: September Travel Careers Information Session. Space is limited, so please RSVP by September 11th.
24 August 2015
The importance of due diligence when working with third-party fund administrators has become a key adoption among hedge funds, funds of hedge funds, and liquid alternative hedge funds since the days of the Bernie Madoff scandal. This emphasis on due diligence has put a spotlight on fund administrators on the buy side throughout the financial services industry. As a result, an increasing number of fund administrators interested in taking their careers to the next level are pursuing opportunities to work in-house for hedge funds. If you’re looking to make a transition, now would be the best time. Ryan Murphy, Managing Director of The Execu|Search Group’s Financial Services division, often coaches job seekers on the benefits of using a third-party fund administrator role as a stepping stone to develop both the technical and soft skills they need to make a smooth transition to a hedge fund. “The role of an external fund administrator has evolved significantly in recent years,” says Ryan. “Today you are not only verifying net asset values and trading positions, but also performing additional administrative and operational services, and providing compliance reporting to support both client and investor needs.” Third-party fund administrators are in a unique position as they usually work closest to the fund managers and as a result, get a glimpse into a hedge fund’s operational processes. Third-party fund administrators interested in making a transition to work in-house for a hedge fund also have a competitive advantage over job seekers working in different financial institution roles. “Unlike working at a bank in operations, for example, working as a third-party fund administrator allows you to build a number of transferable skills that mirror how most hedge funds can run their operations,” notes Ryan. For example, managing the reconciliation process, interfacing with portfolio managers and investment professionals, or completing a variety of back office operational duties is the type of experience that will make you more marketable to hedge funds. If you’re looking to get your foot in the door at a hedge fund, being a third-party administrator is one of the best ways to perfect the skills you need to stand out to hiring managers throughout your job search. “Hedge funds with the right fund administrator in place can save money and avoid costly mistakes that could cost them major profit, so possessing the right skills such as financial product knowledge is crucial,” says Ryan. “Hiring managers are in search of fund administrators that are willing to learn new concepts, systems, and processes to effectively manage a client’s confidential information.” The more you can emphasize how you’ve done this in the past, the better your chances are of being hired by a hedge fund. Additionally, the more exposure you have to different asset classes (e.g., equities, futures, etc.), broadens the types of hedge funds you can pursue employment at. On top of the technical skills, fund administrators should possess a team player attitude, yet have the aptitude to work well independently. Finally, strong communication skills are a must as you should be able to articulate different investment strategies that will serve the client’s needs and help the business to grow.