Ordinary thoughts

Monday, August 15, 2005

Looking for a job?

Excerpts from a recent article on job hunting resources from the WSJ CareerJournal -

Jobs Blog: Bankers Bank on These Sites
CareerJournal

http://www.careerjournal.com/salaryhiring/industries/banking/20050812-needleman.html

By Sarah E. Needleman

Looking to expand your online job hunt beyond the big boards? Web sites and email lists dedicated to postings in specific fields can supplement your search. Here's a look at niche job boards and email newsletters from around the Web. (Some links may require registration or subscriptions.)


Job-hunting bankers can invest their search efforts in a number of sites catering to their industry.

For positions at banks of all types, as well as service providers such as brokerages and credit-card issuers, check out BankJobs.com. Between 50 and 100 new jobs are added weekly and about 1,000 jobs from entry to senior level are typically listed. They pay annual salaries ranging from $30,000 to $200,000, though most positions fall into the $50,000-to-$100,000 range, reports Shannon Austin, co-founder of the Brentwood, Tenn., job board. The most common positions listed are branch manager, mortgage banker and private banker, she adds.

A broad range of opportunities for banking professionals also are listed at BankJobSearch.com, a job board from BAI, a financial-services-industry training and research company based in Chicago. During a recent visit we found 184 jobs from more than 25 employers including banks, credit unions, insurance companies and credit-card issuers.

The online home for American Banker, a daily trade newspaper, carries postings mostly for senior executives. Since it began listing jobs in January, the site has added one to two new ads daily, and it averages eight jobs. They pay a minimum of $70,000 in annual salary, according to JoAnne Kao, classified account manager for the New York-based publication from SourceMedia Inc. Advertisers include retail, commercial and private banks as well as executive-search firms.

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The American Banking Association also advertises jobs at aba.com, but not all postings are for banking positions. The site's job bank is powered by CareerBank.com, a Rockville, Md.-based board for finance and accounting professionals, and the same jobs are listed at both sites. Ditto for the jobs listed at New York Bankers Association's Web site, NYBA.com.

Toting Up Sites for Accountants

When you start looking, the number of sites cater to job-hunting accountants can add up. Here's a roundup of the ones we found worth noting.

You'll find a wide variety of opportunities at iHireAccounting.com, where six to 10 new jobs are added daily and about 250 postings from entry to senior level are generally listed. You must submit a resume to access the ads and complete a brief assessment form to apply for jobs, which pay annual salaries from $20,000 to $500,000, says Don MacFadyen, general manager of the board, which is part of iHire LLC, a network of job sites based in Angola, Ind. Advertisers include small and midsize corporations, public-accounting firms and government agencies. The site offers a free resume-blasting service to employers in your area, plus telephone support weekdays from 7:30 a.m. to 7 p.m.

Accounting jobs at corporations make up the bulk of the listings at Accounting.com. Twenty to 30 new jobs are listed daily and the site averages 1,000 jobs from entry to senior level at any given time. They pay annual salaries ranging from $20,000 to $300,000, reports Ryan Cahill, founder and president of the Stewart, Fla., site.

Tax accountants might want to visit TaxTalent.com, which lists jobs in 15 categories. About five new jobs are added daily and between 200 and 250 jobs are typically posted. Advertisers are corporations, plus some government agencies. Jobs pay between $50,000 and $250,000 in annual salary, says Tony Santiago, president of the Mount Pleasant, S.C.-based job site. Its meaty customized ads distinguish this site from others like it. They describe in detail daily responsibilities, attire requirements, advancement opportunities, benefits and other employee perks, such as food-service facilities.

Have your heart set on working in a specific location? Localaccountingjobs.com lists opportunities in the following metros areas: Boston, Cleveland, Detroit, Atlanta, Columbus, Ohio, Cincinnati/Dayton, Chicago, Houston, Dallas, Los Angeles and San Francisco. Up to 25 new jobs are posted daily and the site generally lists about 200 jobs. Advertisers are corporations and public-accounting firms. Jobs range from entry to senior level and pay $50,000 to $90,000 in annual salary, says Randy Samsel, president of the Beachwood, Ohio-based job board. The most common listings are for internal auditors, public accountants and controllers, he adds.

Accountants in the Washington, D.C., area may be interested in dcaccountingjobs.com. Three to five jobs are added daily and about 50 to 100 positions are generally listed. They range from entry to senior level and pay between $35,000 and $150,000 in annual salary. You can search by county for postings from more than 250 local employers, including corporations and public-accounting firms, reports Kevin Kelly, partner of the McLean, Va.-based job board. A standout feature of this site is its resume-posting service, which allows users to upload photos and insert Web coding, a plus for job hunters hoping to make their resumes pop with graphics, colors or fonts.

CareerBank.com is the hub of a network of more than 2,000 related sites for accounting and banking and finance professionals. Between 15,000 and 20,000 jobs are typically posted, which pay from $40,000 to $300,000 in annual salary, according to Robert Epstein, co-founder of CareerBank, which is based in Rockville, Md. Among the sites in the network is forensicaccountingjobs.com, which carries the same ads as CareerBank.com. During a recent visit we found 170 jobs listed that match the keyword "forensic" at both sites.

Want to teach accounting at a college or university? The American Accounting Association in Sarasota, Fla., lists jobs in accounting education at its Web site, aaahq.org. About five to 10 new jobs are added daily, says Deirdre Harris, an administrative services subcontractor for the accounting education, research and practice nonprofit. During a recent visit we found more than 250 jobs listed in such specialties as auditing, cost accounting and government accounting.

Where Wall-Street Pros Test the Market for Their Skills

As the bull market in the financial-services industry continues to run, a variety of sites are recruiting employees.

For a broad range of opportunities from entry to senior level, check out eFinancialCareers.com. (eFinancialCareers.com is a partner of CareerJournal.com.) About 200 new jobs are posted daily in more than 30 categories, including asset management, trading, hedge funds, equities and derivatives. Around 5,000 positions are typically posted, about half in the U.S. and the remainder mostly in Europe, according to Ian Brown, editor of the London-based site, part of the Financial News group of companies, which also publishes Financial News, a weekly industry newspaper.

Omar Merhom, 24, used eFinancialCareers.com, when he began job hunting in January after deciding to switch to a career in financial services, he says. Within two days of applying for a senior-specialist job posted on the site, he was invited on the first of five interviews at Merrill Lynch & Co. Inc. In March the New York investment bank hired him into its liquidity and risk-management division. He says his salary increased about 20% over his previous pay in his former job as a business-analyst at human-resources consulting firm Hewitt Associates Inc.

For jobs in quantitative analytics and trading, financial engineering and risk management, bookmark QUANTster.com. Since launching in May, about 40 new positions in these specialties from entry to senior level have been added weekly, reports Jim Varriale, publisher of the New York-based site. Most require advanced degrees and pay annual salaries of $100,000 or more. You can complete an anonymous profile for distribution to the site's members, which include top search firms and financial-services companies, he says. The site will email you if an employer requests your resume.

To locate jobs across the globe, log onto roberthalf.net, where Menlo Park, Calif.-based staffing firm Robert Half International Inc. links to its divisions which fill jobs in 11 countries. Common financial-services positions posted include business analyst, hedge-fund administrator, mutual-fund manager and foreign-exchange specialist. Jobs pay annual salaries ranging from $40,000 to more than $200,000, says Michael Weiss, public-relations manager for Robert Half's U.S. division.

If you're targeting the kind of senior-level positions that recruiters fill, you'll find them at banking-financejobs.com, a job board from The National Banking & Financial Services Network, a group of 65 search firms that specialize in financial services. Ten to 50 new jobs are listed every Monday, and the site averages about 400 jobs, reports Bob Cozzens, chief executive officer of the Virginia Beach, Va.-based group. Most ads are not posted anywhere else, he says, and jobs pay an average annual base salary of $92,000.

Like many industry associations, the Securities Industry Association has an online job bank, making SIA.com a good stop for job hunters. The site lists jobs from more than 300 broker-dealer and securities firms. About five new positions are posted weekly, says Phyllis Cassar, vice president, director of Internet services for SIA. About 100 jobs are listed at any given time, she adds.

For branch-level sales and sales-support personnel, including registered reps, operations and other securities pros, there's BrokerHunter.com. About 30 new jobs are added daily, reports Steve Testerman, president of the Atlanta-based job board. More than 2,000 positions from entry to senior level generally are listed, and most pay commission-based salaries, he says. Advertisers include about 400 financial-services companies and a dozen search firms.

The CFA Institute's Web site, CFAinstitute.org, lists seven to 15 new jobs daily for chartered financial analysts. Positions most frequently posted include equity analyst, equity researcher and portfolio manager, according to Charles Deale, head of society services for the Charlottesville, Va.-based organization. More than 275 jobs from entry to senior level typically are posted, and they pay from $40,000 to $350,000 or more in annual salary, he says. Free access to the listings is restricted to members, but pending members can view the jobs for fees ranging from $47 for three months to $147 for a year. (Financial analysts must pass an exam and fulfill other requirements to become a CFA member.)

To target jobs at hedge-fund companies, log onto the Web site for Hedge Fund Intelligence LLC, a London-based publisher of four industry newsletters. During a recent visit we found 10 jobs listed in various locations world-wide.


Where New Positions for M.B.A.s Are Advertised Online

A host of career sites are targeting job hunters with master's degrees in business administration (M.B.A.). Proof of graduation or current enrollment isn't required at the ones we visited.

To find mostly senior-level contract positions paying between $85 and $200 an hour, fill out a member profile at MBAGlobalnet.com, an online career-services provider in New York. You'll receive a monthly e-newsletter listing three to 10 jobs, including some full-time positions paying $100,000 to $200,000 in annual base salary, says founder and CEO Rob Steir. You'll also be notified immediately by email about openings that closely match your background. Most jobs are in the U.S., despite the site's name.

Mr. Steir, a 1991 graduate of Northwestern University's Kellogg School of Business and a former online-marketing professional, says he secures leads from company recruiters in his personal network. The leads do not disclose company names or contact information. To apply for positions, you must email your resume to MBAGlobalnet.com, where it will be screened for relevancy before being forwarded to employers.

Dimitri Costopoulos, 58, landed a year-long consulting position in April at a large consulting firm in Minneapolis through MBAGlobal.net. It was the first job he'd applied to since signing up for the service about a year earlier. A 1983 M.B.A. graduate of New York University's Stern School of Business, Mr. Costopoulos says he earns between $80 and $120 an hour and that the job could become permanent. Previously, he held temporary consulting jobs in New York.

At MBACareers.com, you can search for jobs from entry to senior level, including ones that don't require M.B.A.s. Anywhere from 50 to 1,000 new positions are added a week, according to Lisa MacKenzie, marketing director for the site, which is published by Career Exposure Network in Portland, Ore. Between 500 and 1,000 jobs are listed at any given time in more than 25 industries and 40 career fields, she adds. Store up to five resumes and cover letters as well as save jobs that interest you in an online folder.

For jobs overseas, check out MBA-Exchange.com, where about 80% of postings are for jobs outside the U.S., reports Bilal Ojjeh, founder and chief executive officer of Internet Exchange SA, a Geneva-based Internet company that publishes the site. About 500 new jobs are posted a month, and at any given time there are around 1,500 jobs listed ranging in annual base salary from $80,000 to $200,000, he says. Some postings are accessible only by job hunters who identify themselves as students or alumni of business schools that employers choose to accept applications from. Store up to five resumes and read profiles describing several of the more than 800 employers that post jobs there.

The National Society of Hispanic M.B.A.s lists about 150 to 200 new jobs a month at its Web site, NSHMBA.org, according to Ana Herrera-Malone, marketing and development director at the Irving, Texas-based nonprofit association. More than 500 jobs are listed at any given time for entry level to senior positions, she reports. To access the listings, you must become a member, which costs from $20 to $60 a year, and includes discounts to networking events and a two-year subscription to Latina Magazine, among other benefits.

Jobs are also listed at the Web site for the Chicago-based National Black M.B.A. Association, NBMBAA.org. During a recent visit we found more than 1,000 jobs listed, from internships to senior level, in 20 career fields including accounting, engineering, human resources, legal and health care.

Sites for Women, But Men Are Welcome on Most, Too


You don't need to be a member of the fair sex to take advantage of the numerous job boards and networking sites popping up for women. Most of the ones we found say they also welcome men.

WomensJobSearch.net posts about 10 to 20 positions a week, according to Brian Kirk, managing partner of LC Kirk & Co., an executive-search firm in St. Louis, which runs the site. Though the firm specializes in financial-services recruiting, the site lists about 5,000 jobs at any given time in a range of industries. Jobs are from entry to senior level, paying $25,000 to $200,000 or more in annual salary, he says.

You can post your resume at no cost, but there's a charge to have yours listed among those at the top of search results. Fees start at $5.99; the more you pay, the higher it will be listed. Men can post their resume and apply to jobs.

Love sports? WomenSportsJobs.com lists more than 1,000 ads for mostly mid- and entry-level jobs. About 100 are added a week, according to Becky Heidesch, chief executive officer of the site's parent company, Women's Sports Services LLC, a career-services organization for women in the sports industry and related fields in Huntington Beach, Calif. Advertisers are sports-related companies and employers seeking women applicants with an interest in sports, she says. Membership, required to search postings, is also open to men. It costs $99 a year, which includes career counseling and discounts to in-person networking events.

For sports-related jobs at the mid- to senior level, visit WISCNetwork.com, which Women's Sports Services launched earlier this month. About 1,500 jobs are already on the site, some also posted on WomenSportsJobs.com. About 150 to 200 new positions are added weekly, says Ms. Heidesch. Annual membership for the service is $129. Men are welcome to join.

For jobs at colleges and universities, check out the Web site for the National Women's Studies Association, NWSA.org. Jobs are not limited to women studies, and you need not be a woman to apply. Six to eight new jobs are added a month and the site typically lists about 20 to 25 in all, says Allison Kimmich, executive director of the College Park, Md.-based nonprofit. Jobs are from entry to senior level and typically pay between $35,000 and $70,000 in annual salary, she adds.

DCWeb Women, a professional organization in Washington, D.C., for women interested in new media, is the sole women-only site that our search for popular women-oriented job boards turned up. Its online registration relies on the "honor system," says Mary Fumento, its president. (Applications with masculine-sounding names get a follow-up email, she says.) Its Web site, DCWebWomen.org, hosts a free list serve with one to two leads a day for jobs in new media at companies nationwide, among other information. Members receive emails when new information is posted or in a daily digest.

Michelle Hoffman, 39, learned about her job as a recruiter at the Washington, D.C., office of The Randstad Group, an international staffing firm, through the list serve two years ago. Since then, she's used it to recruit more than 20 women into full-time and contract jobs in new media.

For additional job sites catering to women, check out past blog entries for diversity, consulting and human-resources sites.

Where Consultants Can Look Online for New Gigs

As the job market for consultants rebounds, job hunters will find a host of sites that offer a mix of ads for both contract work and full-time jobs at consulting firms.

You don't have to be a woman to swap job leads and other tips on Women in Consulting's email discussion list. Membership isn't required, and you can receive emails when new information is posted or in a daily digest. Most jobs are for contract positions, from entry to senior level, says Deborah Henken, president of the San Francisco Bay area nonprofit. Subscribe to the list by sending a blank email to wic-community-subscribe@womeninconsulting.org.

Tracey Jones, 36, subscribed in March 2004 and six months later applied to a temporary job she saw posted there. She was soon hired as strategic lead-generation program manager at Azerity, a Web-based software provider in Milpitas, Calif. She's now renegotiating her contract for a year, which she says she expects to include a substantial increase in her annual base pay, which is between $75,000 and $100,000.

Among the niche sites for consulting jobs our research turned up, Top-Consultant.com had the most listings. More than 550 jobs were listed, about a third based in the U.S., with the rest mostly in the U.K., according to Paul Chantry, co-founder of Zambeasy.com Ltd., a London Web publisher which produces the site. About 20 to 30 new positions from entry to senior level are added daily, and advertisers are employers of all sizes in more than 20 industries. Jobs pay $30,000 to $300,000 in annual base salary, says Mr. Chantry.

You also can submit your resume for review by 10 executive-search firms, which are partners of Zambeasy. You'll be contacted if your background suits any jobs they're filling, many of which are not advertised on the site, notes Mr. Chantry.

Consulting Magazine, a bimonthly publication from Kennedy Information Inc. in Peterborough, N.H., typically posts more than 60 job ads on its Web site, consultingmag.com. About eight new positions are added weekly and most target senior consulting pros for jobs paying annual base salaries of $100,000 or more, says Brian Cuthbert, the magazine's associate publisher.

There's no search function; you must scroll through a list of employers and click on their logos to learn about current openings. Icons flag the firms that Consulting Magazine named as being the best to work for.

The Association of Management Consulting Firms had six consulting jobs posted at its Web site, amcf.org, when we recently checked it. One to two new jobs in the $100,000 annual salary range are added every month, says Betsy Kovacs, president of the New York-based nonprofit. Most aren't advertised elsewhere, she adds.

Online Leads for High-Paying Positions

Job hunters after high-paying positions will find several sites ready to supply leads -- but unlike most job boards, the majority charge their customers money to use them.

Among them is TheLadders.com, posting only jobs with annual base salaries of $100,000 or more. To search the listings, you must sign up for membership, which starts at $25 a month and includes a weekly e-newsletter on job hunting. Annual subscribers also receive a 15-minute resume consultation by phone. About 5,000 new positions are listed every Monday, and there are about 40,000 jobs in all, says Marc Cenedella, president and chief executive officer of the New York-based job board. Postings are taken down after eight weeks, he says. For a preview, the site provides free access to 2,000 job postings that are two-weeks old.

Netshare.com, an executive-networking organization based in Novato, Calif., also sets a $100,000 minimum base salary on the jobs it will publish. Membership in Netshare, which is a business partner of CareerJournal.com, runs from $37.50 a month to $395 annually. Members also have access to networking forums, in which job leads and other tips are swapped via list serve. The site adds about 75 to 100 new positions daily, says Kathy Simmons, Netshare's chief executive officer.

In October 2004, Joe Capes, 38, landed a job he learned about from a former co-worker he contacted through Netshare's marketing-and-sales forum. Mr. Capes was director of business development at Northeast Engineers & Consultants Inc., a civil-engineering and construction-management company in Middletown, R.I., but wanted a higher-paying job with more responsibility. His former colleague had been contacted by a recruiter for a job that didn't suit him, so he told the recruiter and Mr. Capes about each other. The recruiter agreed to forward Mr. Capes's resume. Soon after, he was invited to interview for the job -- vice president of sales and marketing at Premium Power Corp. in North Andover, Mass. He was subsequently hired, and his salary increased by more than 50%, he says.

ExecuNet.com, another executive-networking organization with online and offline forums, also has a site that offers job listings for professionals at the $100,000 and above annual-income level. Membership starts at $39 a month and includes a resume critique.

You won't have to pay to use 6FigureJobs.com, another site that advertises jobs paying an annual base salary and bonus of at least $100,000, but you do need to be a member. While membership is free, it's open only to those who complete an application that shows they have previously earned at least $100,000 a year and have six or more years of professional work experience, says Steve Purello, general manager at the site's publisher Workstream Inc., a provider of human-resources-management software in Ottawa.

About half of the postings at 6FigureJobs.com cite a preference for candidates who have had their credentials verified by a background-check company, says Mr. Purello. Verifications Inc. in Minneapolis, a partner of 6FigureJobs.com, offers background certification starting at $70. If your resume is certified by Verifications, when you apply for positions through the site, it will be marked with a gold seal, alerting employers that your background has checked out. Employers also will see the seal in the list of search results they get when they search the site's resume database. Job hunters using other background-check services can refer employers to their background-check results on their resume but won't have the gold seal.

For jobs in the $70,000-plus annual base salary range, check out ExecutivesOnly.com, a job board published in Warwick, R.I. Choose from subscription rates ranging from $160 for three months to $290 for a year. Most deals include a resume critique and career analysis by phone. Annual subscribers also can have their resumes distributed to up to 100 executive-search firms that post jobs on the site.


Where to Find Diversity-Minded Employers

If you want an employer that seeks diversity in hiring, consider bookmarking DiversitySearch.com. About 1,000 mostly U.S.-based employers regularly post jobs there in 40 different career fields, including accounting, engineering and sales. Jobs range from entry to senior level and pay annual salaries from $20,000 to $200,000, says Eric Semon, senior account manager for the site, which is published by Career Exposure Network Inc. in Portland, Ore.

It's free to search (by keyword, industry, location or job category) and to post your resume for employers to view. You also can store up to three resumes and three cover letters on the site at no cost. Other freebies include weekly e-mail alerts announcing new jobs, plus an online folder for saving postings that interest you.

Career Exposure Network also publishes CareerWomen.com, which posts jobs from employers seeking women applicants and offers the same free services as its sister site.

The career center at goldsea.com, a general-interest site for Asian-American professionals, posts jobs from about 50 employers (mostly U.S.) courting this demographic. It typically carries around 1,200 job ads, from entry to senior level, says Sam Lee, associate editor of the site, which is based in Malibu, Calif. Search jobs by employer or keyword, or choose from a list of 12 career fields. Searching is free, as is registering for e-mail alerts announcing new jobs in categories of your choice.

To find employers that work toward women's advocacy, visit the Web site for the Feminist Majority Foundation, a nonprofit based in Arlington, Va. Its career center lists more than 100 jobs from mostly U.S. nonprofit organizations, such as the Asian Task Force Against Domestic Violence in Boston. Search jobs by region, title or keyword and post your resume at no cost. Sign up for free e-mail job alerts, sent on Fridays.

Karen Wolfe, 22, a 2003 graduate of the College of William & Mary, used the site to job hunt after learning about it from fellow campus pro-choice activists. "I targeted feminist organizations and ones that would need Web developers for their Web sites," says Ms. Wolfe, who has bachelor's degrees in computer science and women's studies. She wound up landing a job on the site in August 2004 and is now one of its Web developers.

For jobs in academia, check out Affirmative Action Register. More than three quarters of the employers that post there are U.S. colleges and universities seeking a diverse pool of applicants, says Lucy Knapp, assistant editor of the site, which is published in St. Louis, Mo. About 125 new jobs, from entry to senior level, are added on the 20th of each month. There's no charge to review the database. Search jobs by state or field, including administration, faculty, librarian, engineering, research, medical and others.

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