State of the Market

[edison]

I've had a sudden rush of agents calling me since just before xmas, not sure what has triggered that though. Thankfully I don't have to rely on agents too much as my new gig will be the sixth in a row that has been through my network or referrals, and the last two have been direct with the client.

Finished a gig yesterday and starting a new one next week after a five minute chat with a CIO friend who asked me to come work for her. I had a lean period in late 2020 and into 2021 but ever since then, I've been very busy thankfully.

[andromedan]

market looks shocking right now but please post updates in this thread

What's shocking about it?

[hungry_hog]

I have contributed companies myself to that thread but in 2023 there is nothing wrong with asking a few questions before you hang up the phone.

Market looks very weak right now, you are doing well to find a good role in this market.

Fair enough
Agree contract market not looking great. I'm getting hits for (poorly paid) perm roles and very little contract.

Out of interest looked at perm roles for BAs in the City based London BB (bulge bracket)

GS - none (no surprise!)
BAML - none
UBS - numerous
DB - handful

The fact that two massive American banks have no BA roles in London seems a huge alarm bell

[TheDude]

Fair enough
Agree contract market not looking great. I'm getting hits for (poorly paid) perm roles and very little contract.

Out of interest looked at perm roles for BAs in the City based London BB (bulge bracket)

GS - none (no surprise!)
BAML - none
UBS - numerous
DB - handful

The fact that two massive American banks have no BA roles in London seems a huge alarm bell

Are you looking on the company websites or elsewhere?

[hungry_hog]

Are you looking on the company websites or elsewhere?

Company websites

[TheDude]

Company websites

A lot of roles never make it onto Company websites.

Also I was with GS for several years and don't recall ever meeting a business analyst.

[Robinho]

Just glanced today as i'm bored of my current gig

Looks rather grim

[The Green View]

A lot more noise this week but, sadly, just that.

[edison]

Boom - received the contract yesterday for a new gig at a rapidly growing FS firm. Couple of months to start with then potentially a longer term gig for a forthcoming major project. Only had three days off since the last gig and was planning to take some time off but looks a good opportunity and it's a good rate, so fingers crossed.

[hungry_hog]

Recruiter - Hi HH got a great role for you. Rate X top tier blah. Can you attach your latest CV and we can catch up tomorrow
HH: great here's a latest CV