If you’re moving to Chicago to advance your
career in the financial industry, you need to know a few things about the city
and its particular relationship to the finance sector. You’ll also want to
connect with a financial staffing agency.
1. Commodities Are a Big Deal
in Chicago
Not every financial industry job involves
working directly with investors or investments, but that doesn’t change the fact
that the commodities exchange is based here, so a large portion of the finance
industry does revolve around it. If you aren’t interested in commodities, there
are opportunities, but you still need to contend with this reality.
2. Competition is Fierce
The Windy City is a huge urban area that
serves as a home to millions while employing hundreds of
thousands in the finance sector. That means there’s plenty of opportunity, but
there’s also plenty of competition, and you need to be ready for an uphill battle
if you are new to town and you don’t have a lot of connections.
3. You Probably Won’t Hold One
Job for More Than Two Years
This is generally true in a lot of
industries, but it’s taken longer in the finance sector. There’s always been a
cohort that migrates from job to job in search of advancement in the industry,
but traditionally there have also been paths to partnership for many who remain
loyal to one firm. These days, many firms look for diverse experience before
considering promotions, let alone partnerships.
4. Professional Memberships
Matter
Joining local industry groups and getting
involved with the social and political life of the city helps more than most
applicants realize. Networking through those professional groups helps you find
opportunities and build references.
5. Recruiters Are Your Friend
If you are looking for a position in the
city, Chicago finance recruiters
can help you find something quickly. Beacon Resources is glad to help with that
by placing qualified applicants into a variety of positions, including
financial analyst positions and more. Contact
us today to learn more about opportunities in Chicago.
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