I'm pretty confused with how this isn't a fair and standard list of job expectations. I do not work in this industry, but it looks like if you have 3+ years of experience (this isn't an entry level job) and have Series 7 and Series 63 (which implies not entry level) that you could apply. The other requirements are pretty subjective/soft in my opinion. I don't know, if it paid 75K, I'd think this was a great opportunity for someone. Maybe I've seen enough wish lists on job descriptions that I have lost perspective, but I felt it's pretty reasonable, personally. To get an internship as an actuarial student you need a 3.7+ GPA, 2 to 3 exams passed, an internship (yes, a true circular problem), for many insurance companies you need to be from a top tier school, and that gives you $25 an hour and a 2/3 chance of a full-time offer of 65K to 70K after the 10 weeks are up. I did find the analogy to modern women quite funny though, hahaha
These comments are a little out there. This is simple. If I can help someone looking for this role, unemployed or looking to move, that is great. If I can find a good person I want to work with, great! If the job does not interest you, DON’T apply. In 2016 before I joined Lightspeed, I applied for these roles at IB and Wedbush. I wanted a job and health insurance. I felt wherever I went I would do well. I know what I’m capable of, they don’t. IB would not interview me. They said I was over qualified. There way of saying I’m too old. Wedbush almost hired me but then had staff cut backs. Not everyone is looking for the perfect job that pays $500k. Some people just want a job, place to go with good people and a pay check. And when you are not willing to relocate, not always that easy.
I was going to say you with 30+ years of floor trading experience applying to IB??!! You should see the kind of people that I deal with at IB. You should at least be the VP at IB. Glad IB saw that way and decided not to exploit you.
In 2016, I was 56 years old. Very few firms want to hire a 56 year old. I wanted to work and needed insurance. IB was not at the top of my list, but they are always hiring. I live 20 min from Greenwich.
Overall it's a good job, good for somebody who are just starting out but for somebody who has actual trading experience and licenses and a degree, the speculated salary level of 50K-60K is low a bit.
With the type of trading experience that you have, honestly I thought you would be trading for yourself. 56 is not old at all for trading. People in their 70's and 80's still trade.