Derek Loosvelt

Derek Loosvelt

Derek Loosvelt is Vault's senior finance editor. Derek has a BS in economics from the Wharton School at the University of Pennsylvania and an MFA in creative writing from the New School. His writing has appeared in several online and print publications. Previously, he worked in investment banking as an M&A analyst and associate.

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All Posts by Derek Loosvelt

Q&A With Rafael Kuhn: A Director at Deutsche Bank

by Derek Loosvelt  |  September 12, 2017

Rafael Kuhn works as a Director in Capital Markets at Deutsche Bank, focusing on Aviation as well as co-leading the bank's debt placement team in the Americas. He also supports Deutsche Bank with diversity recruitment. Vault spoke with Rafael about his background, how he got his job at Deutsche Bank, the firm's workplace culture, and the recommendations he has for students and young professionals pursuing a career in finance.  VAULT: Where did you Read More >

When Working a Crazy Number of Hours Is Not So Bad for Your Health

by Derek Loosvelt  |  September 11, 2017

It's commonly thought that if you work too many hours, your health will suffer. However, according to a recent study, there could be conditions in which your health might not be compromised even if you're working 80-hour weeks. And while the results showed a link between workaholism and stress-related physical complaints, only workaholics who described themselves as unengaged or feeling trapped in their work appeared at risk for more serious health disorders. Read More >

Do You Have What It Takes to Work in a Radically Transparent Culture?

by Derek Loosvelt  |  September 07, 2017

I'd like to believe I have what it takes to work for Bridgewater Associates, the largest hedge fund in the world which is as well known for the size of its assets as for its radically transparent culture, but I'm not sure I have the stomach for it. At Bridgewater, founded by the transcendental meditating investing guru Ray Dalio, every meeting is recorded, everything employees say and do is rated, and every employee is encouraged to criticize every other employee, Read More >

50 Best Investment Banks to Work For in 2018

by Derek Loosvelt  |  September 06, 2017

Today, we released our annual Vault Banking 50, a ranking of the best investment banks to work for in North America. This year, Goldman Sachs again took the top spot, ranking No. 1 and thus keeping the title of the "best investment bank to work for." Goldman edged out Evercore, which ranked No. 2, and Centerview Partners, which ranked No. 3. Goldman's overall score was 8.380, while Evercore scored 8.311 and Centerview scored 8.308. Here are the top 10 firms in this year's Banking 50: Read More >

Q&A With Kira Miles: A Tax Associate at Dixon Hughes Goodman

by Derek Loosvelt  |  September 06, 2017

Kira Miles works as a senior tax associate for Dixon Hughes Goodman in the firm’s Charlotte office. She recently spoke with Vault about how she got a job with DHG, what led her to choose DHG over other opportunities, and the advice she has for students looking to pursue a career in accounting. Below is an excerpt from that conversation. VAULT: Where did you grow up and go to school? And how did you find your way to Dixon Hughes Goodman?< Read More >

Why Are Millennials Less Likely Than Gen Xers to Hate Their Jobs?

by Derek Loosvelt  |  August 29, 2017

Are you over the age of 35 and hate your job? If so, you're not alone. On the other hand, if you're under the age of 35 and hate your job, you're kind of an outlier. Older workers tend to be more unhappy in their jobs than their younger colleagues, according to a survey of more than 2,000 U.K. employees by human resource firm Robert Half U.K. One in six British workers over age 35 said they were unhappy-more than double the number for those under 35. Ne Read More >

The Best Summer Intern Perk I've Ever Heard Of

by Derek Loosvelt  |  August 17, 2017

Summer Fridays are great, but Tiny Desk Concerts are better. And if you don't know what Tiny Desk Concerts are, I both envy you and feel sorry for you. I envy you because you have so many great Tiny Desk Concerts to experience for the first time. And I feel sorry for you because you've missed so many great Tiny Desk Concerts over the years. I also envy anyone who's ever interned for NPR in Washington, D.C., because Read More >

Do CEOs of Top Employers Have a Responsibility to Respond to Trump?

by Derek Loosvelt  |  August 16, 2017

"Wow, that was something," said CNN anchor Jake Tapper after Donald Trump's press conference Tuesday in which the president doubled down on his original statement about what happened last weekend in Charlottesville, blaming "bad people" "on both sides" for the violence that led to the death of a 32-year-old woman. Read More >

Why Employers Hire 'Curious' Candidates and How to Demonstrate Curiosity in Interviews

by Derek Loosvelt  |  August 14, 2017

Last week, I wrote about why employers like to hire people with "grit" and how to work on your grittiness. This week, I turn to "curiousity," which is another buzz trait that employers are increasingly looking for in new employees. Like "grit," "curiosity" showed up a lot in our recent survey of 2,400 investment banking professionals. A vast number of these ba Read More >

Can Sitting Near a Superstar at Work Turn You Into a Superstar, Too?

by Derek Loosvelt  |  August 09, 2017

It almost seems too good to be true. According to a recent Northwestern University study of more than 2,400 employees at a certain tech firm, when low performing employees sit near high performing employees, the low performers improve their performance by up to 16 percent. Productive employees-those who finished tasks quickly-raised the output of slower colleagues by 8%. Effective employees, who could handle customers' problems without referring them to co-workers to fi Read More >