I have been recruiting into Asset Management for nearly 9 years now, I have seen good times, bad times, average times and some down right terrible times but one thing is always constant. There just aren’t enough experienced RFP Writers out there.
RFP writing in the past, at some organisations was seen as a “copy and paste” job. It was an area that people seemed reluctant to get into or work in.
Now things are different, with preservation and growth of AUM being absolutely vital to Asset Management firms in these tricky times the RFP team is often one of the most critical teams in any business.
I have seen salaries increase by 100% in this area over the last 5 years. You can’t say that about many other areas of Financial Services. Still , we recruiters struggle to find people willing to do this role. Even though it can give you exposure to all areas of a firm, particularly the Fund Managers themselves.
Any Distribution specialist recruiter will tell you that a good solid RFP writer looking for a move is an almost guaranteed placement.
I recommend any graduates out there wondering which area of Asset Management to get into to have a serious think about RFP writing. At the right firm it is a rewarding and lucrative career path.
On that note... does anyone know any good RFP writers? Send them our way!