By Myra A. Thomas
Tip #3: Get Off the Floor.
You can capitalize on specialties to get out of trading. Richelle Konian, chief executive and co-founder of Careers On The Move, an executive recruiter based in New York City, has placed a number of traders looking for opportunities related to – but not directly in – the financial services space. “With their knowledge, understanding trades and having a specialty in derivatives, they can go to the software-vendor side and serve as an advisor…. Those familiar with fixed-income products, for instance, could be on the options or derivatives side, and they understand the algorithms and the financial modeling, acting as a great resource on the vendor side.”
For now and for some time to come, risk management software needs will remain high for most firms, particularly on the credit derivatives side of the business.
