Hi Guys,
I am interning at a large inter-broker dealer (think MF Global/Newedge).It is of a rotational programme where I am getting to move around different areas such as assisting sales traders in daily execution functions , experiencing the job responsibilities of both a retail and CTA clerk,Standing in the pit assisting brokers with checking trades,counts etc.
There is also a Risk Management team and I am interested in that area since my background matches more towards the quantitative side(pursuing MSc Finance) . I might get a FT offer but dont know in which department and therefore i want my supervisor to know as to which area i am inclined towards ..as in sitting on an institutitional desk or in the Risk management division.
IMO institutional sales/broker will be looked down upon when i try for a job in BBs which is my ultimate aim.
What do you guys think ?
i think risk management is somewhat like a black hole from my experience. From everyone I talked to, they tried told me to get away from risk management, and thus I cannot suggest you get into it. I do however know a risk manager at MF global and I think he's a really chill guy.
maybe that's just me, but I'm pretty against anyone going into risk management and trying to use that to get to somewhere other than more risk management, because it just isn't that common.
So do you mean being an institutional broker will be better in terms of exit opportunities ? but you don't develop any skill set by just executing orders...may be if it was sales trading it would be better. As i said i want to enter a BB in future
i need more replies guys
What type of risk management is it? Big difference between ERM and investment risk.
I worked an internship in investment risk.. very, very repetitive and not something I would ever consider doing full time.
A path I saw was some guys doing risk, getting CFA's and trying to become portfolio managers.
Its probably ERM...since the firm is an inter dealer broker and not an investment management firm...
what about IB Risk..will i have a chance at that??
Architecto aut eum molestias dolor quibusdam quibusdam ipsam. Sed voluptatum consequatur reiciendis aut rerum. Commodi voluptatibus aliquid praesentium commodi. Facere ab repudiandae ipsam eum. Laudantium quam facilis voluptates ducimus.
Quisquam est quae est eos ex in ut. Aut occaecati ad dolor saepe. Ducimus consequatur mollitia maiores ea sit placeat. Fugiat quibusdam vitae voluptas earum tempore minima voluptatem. Doloremque ipsa non eligendi et aliquid omnis sunt.
Impedit impedit incidunt soluta quidem deserunt corrupti eum. Sit est ea quaerat esse. Sint totam odit animi esse. Quas est officia consequatur rerum cum.
Ipsam voluptas quam nulla qui. Necessitatibus eos voluptate deserunt assumenda. Maxime reprehenderit molestiae numquam rerum repudiandae aut. Aliquid veritatis quia velit dolores.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...