Is this a MO job?

Here is the job description:

"Description

Overview:

The CVA trading desk is part of the Counterparty portfolio management (CPM) LOB focused on managing counterparty credit risk in the Bank’s derivatives portfolio. Traders are engaged in a broad range of functions including pricing, hedging, analyzing risk, structuring innovative trades and reviewing credit structures across various derivative products including rates, fx, commodities, credit, etc.

Description:

The candidate MUST be able to thrive in a fast-paced and intense environment. He or she will work alongside senior members of the CVA desk on a wide range of tasks, including but not limited to:

Price and analyze credit and capital requirements
Perform detailed reviews of counterparty portfolios including analyzing trade structures and documentation
Demonstrate understanding of risk drivers and develop methodologies to help mitigate them
Engage in ad-hoc projects on a regular basis
Closely follow and understand market activity
Demonstrate strong work ethic and business judgment
Interact with other LOBs within Global Markets and support areas (including finance, legal, credit, quants, etc.)

Qualifications

Knowledge of Derivatives and Credit markets desired
Strong writing and spreadsheet skills
Must be a self starter who is resourceful
Must have excellent communication skills, written and verbal
Must have strong attention to detail
Must work well in a collaborative team environment
Strategic and creative thinking
Ability to learn quickly and take on new responsibilities
Must be able to multi task and work well under pressure/deadlines"

 
Wasserstag526:
Why does everyone on this site care about MO or Bo stupid titles. It's all about what you are actually doing and what skills you are developing.

It's never about the skills but about the prestige and the people you know.

 
WallStreetStandard:
Wasserstag526:
Why does everyone on this site care about MO or Bo stupid titles. It's all about what you are actually doing and what skills you are developing.

It's never about the skills but about the prestige and the people you know.

You're either kidding or you're an idiot, but I can't tell which one

I would agree with you, but then we'd both be wrong.
 
rogersterling59:
WallStreetStandard:
Wasserstag526:
Why does everyone on this site care about MO or Bo stupid titles. It's all about what you are actually doing and what skills you are developing.

It's never about the skills but about the prestige and the people you know.

You're either kidding or you're an idiot, but I can't tell which one

A little of both :)

 
WallStreetStandard:
rogersterling59:
WallStreetStandard:
Wasserstag526:
Why does everyone on this site care about MO or Bo stupid titles. It's all about what you are actually doing and what skills you are developing.

It's never about the skills but about the prestige and the people you know.

You're either kidding or you're an idiot, but I can't tell which one

A little of both :)

Hahaha touche. I think we can all relate to that...

I would agree with you, but then we'd both be wrong.
 

Enim omnis consequatur vero similique eligendi soluta. Molestias itaque omnis reprehenderit excepturi pariatur corrupti sint. Deleniti recusandae voluptatem omnis ex eum blanditiis mollitia. Architecto quam aut dicta nihil et non.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
numi's picture
numi
98.8
10
Kenny_Powers_CFA's picture
Kenny_Powers_CFA
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”