Monthly Archives: December 2013

Network and Get Recruitment Tips this Christmas!

On 21 Dec 2013, SpringBoard TM is organizing drinks with investment professionals and recruiters. In our intimate setting, you will get to enjoy close chats with front office professionals and veterans about the latest financial news and hiring trends. You will also get to meet SpringBoard mentors who may be instrumental in helping you get into the Mentorship Program which may lead to your first step into the industry.

You may also hear whispers among our guests about which firms are quietly hiring for recent job vacancies. These positions could well be privately placed and not publicised openly.

Guests expected

-> Jacqueline, China machinery analyst from global bank;
->  Stephen, China Private Equity Fund manager;
-> Yoman, fund manager from global investment house;
-> Joyce, Private Equity mentor on SpringBoard;
-> Willie, analyst at regional asset mgt firm;
-> AKY, analyst from regional brokerage firm;
-> Loretta, senior recruiter

Event & Registration Details

Date / Time: 21 Dec 2013, 6.30pm to 8.30pm

Venue: Raffles Place area, to be announced later to registered participants only.

Cost of $39 includes first drink and finger food. Late registration will involve a higher admin fee.

Register at http://www.apesnap.com/event/stm2013xmas

SpringBoard TM is a mentoring platform for people to move into challenging and rewarding front office roles in the finance industry. Our Mentorship Program is closely supported with job referrals, profile enhancement and networking platforms, so that unlike academic programs, we are more confident of securing tangible opportunities for our deserving candidates.

Cheers, Yoman & Eng Yew

SpringBoard TM is where we grow your Successes
M: +65 96118796
Mentorship Program | CV & Profile Enhancement | Strategic Partnerships | Networking & Insider Insights | Career Consultations

Shades of Great; 5 Bad Habits of Highly Counterproductive Managers (From CFA magazines)

Hi all, two career-related articles from CFA magazines that I thought worth sharing around:
(1) Shade of Great– relevant for job seekers to tell if your personal values are aligned with the organisation you are interviewing for.  These points catch my eye:
  • Ask questions about past employees.  It’s a bad sign if the company offers nothing but negative comments.
  • Ask about employee turnover. You probably won’t get an honest answer. But read the body language of the interviewer.  Some will say “Well, we’ve had bad luck” or “We have had people who haven’t been a good fit.”
(2) 5 Bad Habits of Highly Counterproductive Managers– relevant for some of us, who got people working in our teams
  •  Micromanaging
  •  Avoiding Difficult Conversations
  • Tyranny and Intimidation
  • Not treating Employees Equally
  • Failing to Communicate or Listen
Hope these add some value to you, whether you are deciding if this organisation is suitable for you…. and whether you are a good manager .
Cheers,
Yoman

SpringBoard latest success stories – Dec 2013

SpringBoard success stories beating the odds

“When you want to succeed as bad as you want to breathe, then you will be successful”
-Eric Thomas

Hi all, as we head into the festive period round the corner, we wish to share with you recent success stories on our SpringBoard TM platform; some others on our Advanced track are also in the final stages of their interview process.

We are now taking our Mentorship platform to the next level. We just organised our inaugural Research Challenge (stock pitch) competition, where a hiring manager was present to assess the competition and their suitability for his job openings.

We will provide more exciting details when we circulate our year end mailer.

Meanwhile, let our stories inspire you.

Sharon- a young lady – becomes a sell side analyst

Sharon comes from a finance background and was working in a compliance and regulatory role. In June, she began the Foundation track mentored by AKY, an equity analyst at a regional institutional broker. He had come from a similar unrelated background, and possessed a very unique set of quantitative skills earned from hard work. She found AKY’s mentoring to be tough but rewarding – among other things, he expected each assignment to be completed weekly, in preparation for what would happen on the job. Her financial model was grilled by AKY many times, and many corrections were made before arriving at a working model. As an extracurricular activity, she felt that it was even more gruelling than studying for the CFA.

As the job market heated up in August, AKY urged her to apply for jobs although she felt she was not prepared, only having recently completed the last assignment in the Foundation track. As luck would have it, she was accepted for a research analyst position on the sell side. Despite her lack of industry experience, the hiring manager was impressed by the level of commitment demonstrated by going for a Springboard mentorship and taking the CFA. Now she wishes she could have spent much more time on her Foundation track assignments!

Ashley- a young lady – made it into investment banking

We met Ashley at CFA Arts appreciation event in 2012Q3 and saw her enthusiasm in trying different things in life. Back then, she was busy preparing to showcase her paintings at her own Art exhibition- an important achievement in her life. She is a very passionate lady: she attended some other financial modelling courses from leading institutions on the street and attended a couple of networking events organised by CFA Singapore and SpringBoard. She went for job interviews regularly, some via referral from private contacts, but somehow just couldn’t receive the offer for one reason or another.

She finally came under SpringBoard Mentorship Programme in July 2013, and under the good guidance of Don, she showed significant progress in her skillset and also polished her interview skills, thanks to interview tips from Don. Her job search picked up momentum in the summer months of 2013. Luck was initially not on her side when she lost in final round of interviews due to language issues-> one PE firm preferred someone fluent in Bahasa Indonesia; another PE firm preferred someone strong with the Chinese language. Nevertheless, she persevered and under strong encouragement from Don and Yoman, she was selected for multiple interviews in various buy-side and sell-side firms.

With lots of perseverance, she finally started in Oct 2013 as an associate in Investment banking unit of a regional bank, and is now having the life of an investment banker. That implies she did career switch within 3 months into our Mentorship Programme. We are all very happy for Ashley and wish her all the best in her new role.

Kevin finally made it into private banking…

Kevin first came to inaugural SpringBoard event in Dec 2009, when Eng Yew and Yoman first launched the Equity Research Program. The selection process was highly competitive, and he failed to make the cut. Back then, he was in the back-office of an insurance company and still struggling with CFA Level 2 exam.

Despite challenges hitting him from all directions – personal, career and failing the CFA exam, he pushed ahead with sheer grit. He took up numerous other courses to polish his skill sets, regularly attended networking events by CFA Singapore and SpringBoard, and eventually cleared all 3 levels of the CFA Program.

In Apr 2013, he signed up for SpringBoard Mentorship Program and was placed in the good hands of Jessie, PE Fund Manager, to learn how to value an IPO company. He learnt well and progressed to Advanced track, doing some outsourced research work for SpringBoard partners – Fund Managers / Analysts in the industry. Despite being perceived as a slow learner, he possessed some special qualities – intellectual curiosity, passion for learning, humility, and impressive determination.

After years of perseverance and with the aid of exceptional Mentors, he finally secured an entry level front office role in a private bank.

This is a perfect example of how one can still do a career switch despite being a slow learner; the X-factors are passion for learning, perseverance and determination!

Contact Us

It is always heartening to hear success stories on our platform.

We welcome individuals who wish to build a relationship with us and be part of our increasingly successful platform, by being:
(A) a mentor on our successful Mentorship Platform to help nurture aspiring career switchers; OR
(B) an apprentice receiving training from our experienced mentors

You can write to springboard@scholarsvillage.com or just reply to me directly.

SpringBoard TM is a mentoring platform for passionate people to move into challenging and rewarding front office roles in the finance industry. Our Mentorship Program is complemented with job referrals, profile enhancement and networking platforms, so that unlike academic programs, we are more confident of helping deserving apprentices secure tangible opportunities in the front office.

Our jobs referral platform involves our partners securing for our apprentices opportunities in the front office, which are mostly of private referral in nature and not advertised elsewhere. In certain special circumstances, we may even secure opportunities with priority or exclusivity offered to SpringBoard interns and apprentices on the Mentorship Program.

Cheers,
Eng Yew
SpringBoard TM is where we grow your Successes
M: 96372798
Mentorship Program | CV & Profile Enhancement | Strategic Partnerships | Networking & Insider Insights | Career Consultations

 

SpringBoard Jobs Dec 2013

Job Opportunities Explained

Dear Friends,

As part of SpringBoard TM’s objective to help passionate people move into front office roles in the finance industry, we work with our partners and professional connections to bring job/internship opportunities to our members. The jobs described here are not posted anywhere on recruitment websites/agencies.

We recently got acquainted with an industry veteran who’s got strong support to start up his own hedge fund, and is hungry for talented and passionate folks to help him grow his business. He will run a Long/ Short portfolio, built with conviction fundamental ideas via bottom-up analysis. A strong grasp of financial statement analysis and valuation methods together with financial modeling skills is crucial.

He is looking to hire at least two candidates, whose roles are briefly described below.

If you are passionate about any opportunity described below, pls send us your CV (and one of your financial models or reports). Your reply email to springboard@scholarsvillage.com should include the corresponding job code in the subject.

Applicants will be assessed on a clean 1-page CV and the quality of your model/report.

Shortlisted applicants may be asked subsequently to complete a time-sensitive screening test to be further assessed on their technical competency and level of passion. Terms and conditions apply.

MN001: Junior Equity Analyst

Possess 2 – 3 years of relevant experience analysing/covering stocks; and

Strong financial modeling skills and investment analysis.

MN002: Research Associate

Good financial modeling skills; and

Prior relevant experience preferred, but not required.

Contact SpringBoard

Please feel free to forward our message to your friends.

SpringBoard TM is a mentoring platform for passionate people to move into challenging and rewarding front office roles in the finance industry. Our Mentorship Program is complemented with job referrals, profile enhancement and networking platforms, so that unlike academic programs, we are more confident of helping deserving apprentices secure tangible opportunities in the front office.

Our jobs referral platform involves our partners securing for our apprentices opportunities in the front office, which are mostly of private referral in nature and not advertised elsewhere. In certain special circumstances, we may even secure opportunities with priority or exclusivity offered to SpringBoard interns and apprentices on the Mentorship Program.

Cheers,
Eng Yew
SpringBoard TM is where we grow your Successes
M: 96372798
Mentorship Program | CV & Profile Enhancement | Strategic Partnerships | Networking & Insider Insights | Career Consultations