At Balyasny Asset Management L.P., 96 percent of employees say their workplace is great.

EMPLOYEE RATINGS

     

This review is based on 269 employee surveys, with a 90% confidence level and a margin of error of ± 3.07. It was published on May 22, 2017. 1434 Visitors

What Employees Say

Management is honest and ethical in its business practices.
99%
 
We have special and unique benefits here.
98%
 
Our facilities contribute to a good working environment.
97%
 
I'm proud to tell others I work here.
96%
 
Management hires people who fit in well here.
95%
 

What They Do

We asked Balyasny Asset Management L.P. to explain what they do. Here is what they had to say.

Balyasny Asset Management is an industry-leading, multi-strategy, investment manager with $12+ billion under management. Since its founding in 2001, BAM has become a global firm with offices in the U.S., U.K., Hong Kong, and Singapore.

About this Company

Website: http://www.bamfunds.com Industry: Financial Services & Insurance
US Headquarters: Chicago, Illinois, 60602 US Sites: 5
Major Locations: New York, New York, 10153; San Francisco, California, 94114; Greenwich, Connecticut, 06830; Houston, Texas, 77027 US Employees: 433
Employees Worldwide: 557 Corporate Structure: Private
Founded: 2001

A family-friendly offsite in Jackson Hole, Wyoming

Perks and Programs

We asked Balyasny Asset Management L.P. to share a few programs they feel really capture what's unique about their workplace. Here is what they had to say.

  • Make BAM Better Series: BAM values direct feedback from all employees--regardless of position. As part of the "Make BAM Better" series, employees are invited to attend small group meetings with one of the firm’s partners to discuss feedback and ideas. After each meeting, we develop an action plan to address the ideas and challenges that employees bring to light. The purpose of these meetings is to reduce bureaucracy and other barriers to success and efficiency, while giving employees of all levels direct access to firm leaders.
  • Women’s Group: Our BAM Women’s Group is our largest employee resource group and provides opportunities for the firm’s women to come together for support and career development. The group organizes several events throughout the year including talks by inspiring women like former U.S. Secretary of State Condoleezza Rice to Lois Frankel, author of Nice Girls Don’t Get the Corner Office; social events like “Dress for Success” at Trunk Club; and partnerships with charities like Share Our Spare, which provides low-income and homeless families in Chicago with the the essentials they need to thrive.
  • Employee Training & Development: We believe in nurturing homegrown talent by helping our people grow and learn new skills. Last year, we held more than 200 employee-led training sessions aimed at sharing skills and best practices across the firm. Training ranges from effective communications and management skills to Python programming and investment strategies. We also invite external consultants to teach classes on presentation skills, trading psychology, leadership development, and team building. All training is recorded and distributed through Workday Learning, so employees around the world can access them. Lastly, one-on-one career coaching is available to all employees.
  • Developmental Portfolio Manager Program: Our Developmental Portfolio Manager Program is a formalized training program designed to give senior analysts the opportunity to become portfolio managers, and accelerate their learning curve within this new role. In this program, participants are provided with mentorship and training by senior members from across the firm. Participants generally manage a smaller, but material, amount of capital that has a direct impact on the firm’s performance.
  • Portfolio Manager & Analyst Development Program: For portfolio managers (PMs) and analysts, we provide one-on-one and group training throughout the year. We analyze and identify concrete ways our PMs can improve performance, then work with them individually to integrate feedback into their day to day process. In addition, we provide them with tools, data, and support in areas such as team management, quantitative research, and technology. Similarly, we have a dedicated program to help our analyst by sharing best practices, helping them manage their career paths, and fostering communication within individual teams and across the firm. Across both initiatives, training opportunities include a packed calendar of teach-ins and one-on-one coaching sessions that focus on building effective partnerships between PMs and Analysts, investment idea generation, research strategies, and more.
  • BAMfit: Most of our offices have an onsite gym so employees can workout on their own — or schedule a session with one of the firm’s personal trainers. Additionally, BAM employees can participate in onsite yoga and interval training classes, group meditation, massages, wellness exams, flu-shots, nutrition lunch-and-learn events, and firm-wide fitness competitions. BAM employees can also take their fitness routines outside with firm-sponsored activities such as the Nashville Rock ‘N’ Roll Marathon, Tough Mudder races, and “Healthy Happy Hour” events.
  • Family Events & Programs: At BAM, we are all one family and employees often use the term “BAMily” to describe the way the firm values employees — and their families, too. For example, our benefits program provides medical, vision and dental coverage for the employee and all family members at no cost. The firm covers the premiums. We also organize several family-friendly events throughout the year like summer cookouts, Bring your Sons and Daughters to Work Day, and holiday parties. There are many opportunities to get to know your coworkers and their families.
  • Healthy Food Program: In each of our offices, BAM employees are provided with a free catered lunch or food delivery service. We provide a variety of food options to accommodate dietary needs while providing a variety of healthy food options. In addition to our lunch program, our kitchens are stocked with healthy snacks and beverages like fresh fruit, nuts, granola bars, sliced vegetables and hummus, yogurt and more.

COMPENSATION BY THE NUMBERS

$6000 Maximum match of employee’s 401(k)/403b contribution100% Company-paid health coverage for employees
100% Company-paid health coverage for dependents 100% Company-paid health coverage for part-timers
30 hours Weekly hours required for part-timers to receive health insurance
Take Our Daughters and Sons to Work Day in BAM's New York City office

WORK-LIFE BALANCE BY THE NUMBERS

26 days Paid time off after one year of full-time employment Unlimited Paid sick days after one year of full-time employment
12 weeks Paid sabbatical 26 Days Paid time off as of first day of full-time employment

WORK-LIFE BALANCE PROGRAMS

  • Telecommute option (10% use it)
  • Compressed work weeks (10% use it)
  • Subsided On- or Off-site Fitness (100% have access)
  • Onsite Amenities (Lunch, Snacks, Coffee and other beverages, fitness classes, personal training, game room (ping pong/pool tables), massage room, meditation room, mothers room, library, shared collaboration spaces, laundry service, health care concierge)

FAMILY CARE BY THE NUMBERS

60 days Job-protected maternity leave (including FMLA/STD) 60 days Fully-paid maternity leave (does not include personal vacation or paid time off)*
60 days Average length of maternity leave new mothers take15 days Job-protected paternity leave (including FMLA)
15 days Fully-paid paternity leave (does not include personal vacation or paid time off)*10 days Average length of paternity leave new fathers take
60 days Job-protected parental leave for adoptive parents (including FMLA)*60 days Fully-paid parental leave for adoptive parents (does not include personal vacation or paid time off)
*Employees are not required to use all their personal paid time off before taking parental leave. All employees are eligible for parental leave benefits.

FAMILY CARE PROGRAMS

  • Lactation room(s)
  • Paid sick leave to care for a child or relative

HEALTH INSURANCE COVERS

  • Mental health care
  • Alternative treatments (such as acupuncture, homeopathy, or chiropractic)
  • Fertility treatments

Community and Environmental Impact

$495,000 Philanthropic donations in last year Director of Global Real Estate Leads environmental impact team
4 LEED certified building(s) Yes Sustainable commuting program
Yes Renewable energy program Yes Recycling program
Yes Locally-sourced food program

Diversity

  • Written policy prohibits discrimination based on (at a minimum) age, disability, race/ethnicity, religious beliefs, gender and sexual orientation
  • Formal programs (such as resource groups, mentorship, networking, or other affinity groups) support professional development for: Under-represented racial/ethnic minority groups; Women; Lesbian, gay, bisexual or transgender employees; Disabled employees; Speakers of English as a second language
  • 19 events a year connect employees with peers from different racial/ethnic, religious or country-of-origin identities
  • Non-birth parents in same-sex relationships can take parental leave
  • Medical care covers gender confirmation surgery

Leadership Diversity

 

Workforce Diversity

 
BAM employees at a Tough Mudder race

DEMOGRAPHICS

 
A BAMfit t-shirt

How to Get Hired

We asked Balyasny Asset Management L.P. for some inside information on how to get hired at the organization. Here is what they had to say.

What key characteristics tell you a prospective employee will be a great fit for your company?

A strong academic and professional track record, impressive credentials, and relevant experience are characteristics which spark our interest early in the recruiting process. But one of the key things we assess is whether an individual will positively influence the firm's culture. Our goal at Balyasny Asset Management is to source the best and brightest individuals in their respective fields, who can perform well in a collaborative, collegial, and supportive work environment. At BAM, individuals across all departments (investment and middle/back office) operate as a team. They collaborate about the markets and industry trends, share best practices, and help one another to achieve success. Employees at BAM genuinely enjoy coming to work every day, and we believe this is what sets BAM apart from its competitors.

What can prospective employees do to get your attention?

A strong resume showcasing transferable skills and an exceptional reputation in the industry will grab our attention. Our team receives many resumes per day, so having a unique experience or something that really stands out in your resume or LinkedIn profile can help increase our interest, i.e. measurable performance and successes, unique skill sets, notable achievements, creative interests, et al. We often seek candidates from outside of the finance industry that have relevant skills. We believe that candidates like these offer a unique perspective and often push us to find innovative solutions to the challenges in our business.

Are there any positions or types of candidates you are particularly focused on hiring in this coming year?

Portfolio managers and investment analysts continue to be top priorities for hiring as they are the engines that drive our business. This year, we are focused on continuing to hire the highest caliber of individuals to join our portfolio teams across all market sectors and investment strategies. In addition, we are in search of strong individuals to join our middle/back office to help grow and sustain the infrastructure that supports our business.

What should interested candidates do to find out more and get started?

Candidates who are interested in learning more about Balyasny Asset Management should first visit our website which houses a wealth of information about the firm. Specifically, our Careers section lists all of the roles for which we are actively recruiting with detailed job descriptions. At BAM, we have a robust in-house recruiting team that carefully reviews each application and resume. Candidates are also encouraged to attend one of our on-campus events, connect with current BAM employees at a conference, or participate in a charity event sponsored by BAM. These are just a few creative ways to get to know the firm and our teams — and kick-start the application process.

hiring Outlook

75 Forecasted positions to fill in coming year 28% Job Growth
41 Average applicants per opening 4,680 Total job applicants
24% New hires by employee referrals 25% Openings filled by current employees
13 Recent graduates hired 7% Voluntary turnover for full-time employees
* All figures refer to 12-month period prior to reporting, unless otherwise noted.

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