Centerbridge's cofounder says Wall Street is missing great hires
Briefly

Wall Street frequently prioritizes Ivy League résumés despite many top hires coming from non-Ivy backgrounds. Data show only 11.7% of New York front-office workers at major firms graduated from Ivy-plus schools. Hiring excellence depends less on pedigrees and more on mindset attributes such as intelligence, hard work, drive, and intellectual curiosity. Actively recruiting beyond traditional pipelines can uncover overlooked talent. Partnerships with public institutions like CUNY provide pathways into finance for students and expand the talent pool for firms. Centerbridge Partners manages over $42 billion and emphasizes curiosity and independent thinking in hiring.
I joke with people I couldn't get a job at my own firm,
I didn't go to an Ivy League school. I didn't graduate Phi Beta Kappa. I don't speak six languages. I didn't discover the cure for cancer when I was nine years old,
Attributes, it's the same thing that you folks look for: people who are smart and hardworking and driven,
Read at Business Insider
[
|
]