Hot Jobs

See below for positions we are working on for our clients who are hot to hire! Contact me Jasmine Sharp at jsharp@smithhanley.com for more information.

Demand Planning Statistician - IL - 75k

Supply chain services company has an new opportunity responsible for producing and reviewing forecasts of sales in the U.S. and Canada. You will utilize established analytical methods to develop national supply plans, as well as improve the existing technical and business processes. MS Statistics or Economics, with experience with SAS required.

Sr Risk Analyst - FL - 65k

Financial services company has a position responsible for developing and applying statistical and analytical methods to optimize risk management strategies for the Retail Checking and Banking Divisions. Master's in statistics or related field, with 3-7 years applied experience using statistical analysis and experimental design to rapidly design, rollout and test value-adding changes to business strategies.

Sr. Associate, Campaign Management - IL - 85k

Financial Services client has an opportunity for a candidate to be responsibility for end-to-end planning for the entire marketing campaign process including campaign strategy implementation, scheduling and documentation. You will also develop campaign schedules throughout the month and ensures that all data sources and elements are available for coding. Master’s degree with Minimum of 5-7 years direct marketing experience, preferable campaign management experience with Campaign Management software.

Quantitative Analyst - MN - 100k

Our client a major financial service company has an opening for a Finance Manager. This position involves working on stress testing economic capital requirements under the Basel II framework. Economic capital includes credit risk, operational risk, market risk, interest rate risk, business risk, and reputational risk. Duties also include the building and validation of pricing and value at risk models

Compensation for 2007

This year promises to be even more exciting for the quantitative professional. The career information most frequently sought by clients and candidates in the field revolves around salary and other forms of compensation. Whether you are planning to grow your staff this year or are assessing your own career path, here are some points to consider:

Hot Skill Set – Web analytics, pricing, credit analytics, analytically-based strategy.

Fast Moving Market – Candidates (especially at the more junior end) are receiving multiple offers and are going off the market in three to five weeks, much faster than the more typical eight to twelve weeks we’ve been used to seeing.

Relocation Challenges – Many companies are reassessing their relocation packages as the housing market continues to stagnate in many parts of the country. Unless these packages contain a safety net to cushion probable double mortgage payments, many candidates are not able to accept offers that require relocation.

Sign-on Bonuses – are back! In the last 90 days, nearly 40% of all offers have included a bonus as an incentive for candidates to “sign on”.

Cross Industry Job Changes – Candidates are changing industries far more frequently, even at the more senior level. Client companies are making offers to candidates coming from other industries as the talent pool tightens. This provides candidates with an ideal opportunity to expand their knowledge across industries.

Compensation – Many companies are offering more competitive packages to attract top talent. Here are some guidelines:

Vice President/Director $135,000 to $250,000 On the corporate side, this level typically involves managing a group – the bigger the group, the higher the salary. Oftentimes, the top salaries are offered by boutique consulting firms where business development may play a major role in the compensation package. Of course, ability to provide thoughtful leadership and strategic vision is essential at this echelon.

Manager $110,000 to $140,000

This position is often attained as the result of an internal promotion. Interpersonal skills are key – especially those demonstrating initiative, team building and the ability to direct group projects. While technical competence is important, remember that emerging executive-level administrative skills are what really count as you move up the business ladder.

Senior Statistician $80,000 to $120,000

Talented business statisticians with excellent communication skills can command base salaries of up to $120K. To move up from here typically involves picking up management responsibilities or business development skills.

Senior Analyst/Analyst $60,000 to $85,000

These are our most sought after candidates. With a master’s degree in a quantitative discipline and two solid years’ experience in the corporate world, this candidate will often receive multiple offers and be snapped up quickly. The market is red hot ­for candidates with this degree of experience – back to the level of the dot com boom.

Entry-level Masters $50,000 to $65,000

Demand continues to increase over 2006’s healthy level. Because companies are not always successful in hiring enough talent with one-to-two years’ experience, they will often choose an entry-level candidate with solid academic credentials. Hiring candidates who might require visa sponsorship has become commonplace; clients not willing to do this greatly reduce their pool of applicants.

CRM Technology

Came across this article and we would love to hear your thoughts.

In the age of advanced technology, marketing analytics is making superb use of software in campaign management, measuring customer value and in data mining. The tracking of marketing campaigns is an exact science and these sorts of highly developed tracking tools are essential to everyone in this industry even ‘technophobes’. Read and digest this article, who knows this sort of technology could be more vital to you then even the iPod.

http://crmguru.custhelp.com/cgi-bin/crmguru.cfg/php/enduser/std_adp.php?p_faqid=1619

The Holy Grail of Marketing Science Candidates

In the area of quantitative marketing sciences it is often the case that clients are looking for one of two things in a candidate:

1) strong statistical modeling and multivariate statistical experience normally using SAS or SPSS
2) a strong understanding or experience of statistical modeling and multivariate statistical techniques but the ability to then understand & interpret the insight derived from the analysis and how that may affect the business or to make strategic recommendations

This is a dilemma. As candidates join this market space at the Analyst/Statistician level, you learn the analytical business of your company from the ground up, you learn to mine the database, clean the data etc. and eventually build statistical models from scratch. Naturally as you progress you may work on higher-level statistical requirements, with different departments and larger datasets, but for the majority you don't get involved in what the direct business impact is of the analysis, making the presentations to clients, delivering strategic recommendations etc. This seems to generate a skills gap as you move up the ladder.

More and more we are working on roles that want a mix; the ability to build or understand models and multivariate analysis AND the ability to present the results to non-technical business people and have an impact on the companies bottom line. Do they want MBA's then we ask? "No" is always the reply, they want the best of both worlds, business statisticians with strong communication who are comfortable with feet in both camps. This is the holy grail of senior marketing science candidates.

I mention this for two reasons, firstly I may be completely wrong and I would love to hear from people in this area who are experiencing differently, likewise if I am right. But also as information to heed with an eye to your career progression. If you are working your way through the ranks as a Statistician and you can emerge in a few years with statistical analysis and modeling experience and have the business/strategy experience also, you will be a very marketable candidate. If you are already there, well, give me a call!!

Mark Tattersall :: Executive Recruiter :: Smith Hanley Associates :: 312-629-2400

New Year, New Job?

I came across this article on Yahoo, and I thought it was an interesting read, as well as encouraging. From our standpoint here we have gotten many new job orders in both Marketing Science, as well as Credit Risk Analysis. It seems that candidates who use SAS, and SPSS everyday are in high demand. It is a good idea to update your resume, contact your references, and talk with a recruiter who specializes in your field. Ex Quantitative Marketing Science

http://hotjobs.promotions.yahoo.com/cci/article.php