Jane Street's rush of recruiter hiring suggests more $1.4m jobs are coming
Jane Street, the electronic trading firm, doubled its revenues in 2024. There are indications that it intends to increase headcount too.
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The Financial Times reported today that Jane Street's revenues rose by 94% to $20.5bn last year as it increased its market-making activities across equities, currencies and ETFs. Bloomberg notes that Jane Street's trading business is now larger than that of Citi or Bank of America.
At the end of 2024, Jane Street employed 2,960 people, up from 2,631 at the end of 2023. Jane Street spent $4.1bn compensating them, an average of $1.4m per head.
How do you get these $1.4m jobs at Jane Street? Historically, the firm has been known for hiring highly paid interns and converting them to permanent employees. Latterly, though, a rush of recruiter hiring implies a different approach.
In the past month, Jane Street hired Dan Paine in Singapore to work on experienced tech hires, and Christine Crooks and Chloe Tatsoian to work on recruitment in New York. Crooks is a former recruiting team lead at Google. Tatsoian came from Galaxy, the blockchain firm. In January, it also hired Thomas Waldron, a former VP in talent acquisition at Two Sigma, to focus on talent acquisition in London.
The implication is that Jane Street intends to add senior hires alongside its junior pipeline. The firm is also doubling its office space in Lower Manhattan and doubling its office space in the City of London. If you can't get into Millennium, you could try here instead.
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