Relocating from Minneapolis to Denver, looking for advice to try to find a finance position (lease, credit)

[saint31]

My girlfriend and I are re-locating from Minneapolis to Denver in June. Neither of us have positions lined up, which scares me. I understand it is easier to get positions if you are in the area. Does anybody have any suggestions for what I could do in the time being? I am a financial analyst at a large corporation, however, we have no openings in the Denver area.

Do you think 6 months of expenses is enough saved up?

I am willing to work at a local bank or branch as a teller to make ends meet, are those places even taking people on?

I'll work any where if I have to, but is 6 months of money really enough if I have to make $14/hr Full-time to survive?

Thanks for any advice or suggestions.

[jazzlover]

Short answer, no. Even a year may not be enough in this economy. As I have posted many times before, Colorado tends to lag the rest of the country entering a recession. It may also lag coming out, contrary to what some swarmy optimists say--usually economists working for local banks, who have a vested interest in convincing people that things are getting better. One thing for sure, there are lot of well-educated, well-qualified folks already in Colorado that don't have jobs right now.

[CAVA1990]

Originally Posted by saint31

My girlfriend and I are re-locating from Minneapolis to Denver in June. Neither of us have positions lined up, which scares me. I understand it is easier to get positions if you are in the area. Does anybody have any suggestions for what I could do in the time being? I am a financial analyst at a large corporation, however, we have no openings in the Denver area.

First thing I'd recommend is to find out if any of your company's competitors have your type of job there and start doing some networking with folks in that company. It's usually easier to line up something in your own industry. What would you do though if they have something but want to fill it before June?

[CAVA1990]

Originally Posted by jazzlover

Short answer, no. Even a year may not be enough in this economy. As I have posted many times before, Colorado tends to lag the rest of the country entering a recession. It may also lag coming out, contrary to what some swarmy optimists say--usually economists working for local banks, who have a vested interest in convincing people that things are getting better. One thing for sure, there are lot of well-educated, well-qualified folks already in Colorado that don't have jobs right now.

Yeah but remember, he only needs one job. There's always somebody leaving, sometimes feet first, in any area whose job will need to be backfilled. If his skills and experience are an exact fit, he'll probably be able to beat out any local. Big companies really don't care whether you're from there or not. My company has lots of jobs available in various cities in your state.

[saint31]

Originally Posted by CAVA1990

First thing I'd recommend is to find out if any of your company's competitors have your type of job there and start doing some networking with folks in that company. It's usually easier to line up something in your own industry. What would you do though if they have something but want to fill it before June?

I would move out there as soon as obtaining a position. I would take that time to get local knowledge and set-up our living situation.

[CAVA1990]

Originally Posted by saint31

I would move out there as soon as obtaining a position. I would take that time to get local knowledge and set-up our living situation.

One other angle you might try would be to join your college's alumni association (assuming you went to one) and find other alums working in CO in your field of interest. Hiring managers will almost automatically move fellow alums' resumes to the top. This brings up another thing. Don't get lost in the HR maze. Find out who the hiring manager is for a job you're interested in and send him or her a cover letter and resume directly.

You still have plenty of time so I think you'll be fine as long as you attack your job hunt aggressively and keep at it.

[livecontent]

Ah, do not listen to all the negatives---I will give you a secret little hint---Credit Unions. Here is the link: Credit Union Job Network and the list of jobs available in the State:
Credit Union Job Network

Credit Unions are growing because people are not sure to trust all those other banks---that is not to say all Credit Unions are better.

Also look at this list from Bellco https://www.bellco.org/ the largest Credit Union in the Denver area https://www.bellco.org/CurrentPositions.asp


Shhhh, do not tell anybody...

Livecontent

[Katarina Witt]

I agree, don't listen to all the negative stuff. OTOH, don't be crazy. I don't work in finance, can't advise you there, but the advice from CAVA1990 and livecontent is very good. Six months' living expenses should be sufficient. I would think that one of you would have a full time job by then.

[saint31]

Originally Posted by livecontent

Ah, do not listen to all the negatives---I will give you a secret little hint---Credit Unions. Here is the link: Credit Union Job Network and the list of jobs available in the State:
Credit Union Job Network

Credit Unions are growing because people are not sure to trust all those other banks---that is not to say all Credit Unions are better.

Also look at this list from Bellco https://www.bellco.org/ the largest Credit Union in the Denver area https://www.bellco.org/CurrentPositions.asp


Shhhh, do not tell anybody...

Livecontent

Thanks for the positive words...I'm an optomist, and I beleive things will work out, but just not sure about the time-table. I will definitely keep this in mind.

[choosing78]

I would make sure you rent a place you can afford to pay on 10-12/hr jobs. Then if you find a great position move, when you're lease is up. If you're truly willing to take anything to get by there are jobs, just keep your expenses low if possible until you find something better. I would give you one tip, most places do not want to have to keep hiring over and over. If they think you are only going to be there until you find something better they may pass on you for someone who isn't "overqualified" so make sure at the entry level positions you ensure they don't think you're only there temporary even if you are. I worked in hiring and recruiting and have seen many over qualified people be a little too honest and say things like "I haven't found anything yet in my field so I just need anything"