Telecommute Jobs In Finance?
Hello Monkeys,
It's been a while since I've last been active on the forum (I still lurk around here and there of course) and, in this time of near absence, my interest in finance hasn't dwindled but perhaps changed.
I'll be a sophomore in the fall looking to major in Finance. Previously, I had been extremely interested and fascinated with the prospect of immersing myself in the world of IB, but, after a little soul searching, I've decided that, to the best of my knowledge, IB is a bit too permanent for my taste. The idea of remaining in one country, city, office, or, namely, one place for a large or extended period of time just doesn't attract me.
My question is this: Are there any jobs in Finance that can be done via Telecommute? (Telecommute in the sense that they can be done from anywhere remotely.) I'm aware of day-trading but I was wondering if there was anything else. Travel, real travel, (not the "Travel" done while auditing or any other job of that sort) truly interests me and I was curious if this passion of mine could coincide with my passion for finance.
If this is in the wrong section I apologize.
you can do proprietary trading from home, depending on how your bosses see your skill level. But I'm not a fan of telecommuting, because I would find being at home a big time distraction. Also, in anything I'd say, others around you help you hear good ideas and bounce ideas off others
What about a job that can be done not necessarily in the same state or even the same country as where your "boss" is?
Does "Work From Home" Put You On The "Sideline"? (Originally Posted: 12/22/2015)
Greetings,
I work at a name brand asset manager in the $120-140k range. I had left my cosy previous job that offered unlimited paid time off, work from home and flex hours for this name brand NYC job.
However, I'm hearing talks of re-structuring/consolidation plans on some of the floors and that some of us will be turned into "work from home" positions, with no-name desks/terminals for people that need to come in occasionally. At present, I come in every day and am not too crazy about the whole WFH deal.
My opinion is that roles that have been carved into monkey jobs tend to be converted into work from home positions so the company saves on real estate costs per employee. I feel these positions put you away from being in the middle of the pit and being sidelined like this may slow down compensation growth.
Do you folks agree? Or am I over-thinking this? We're not talking about a million Dollar a year job here, but I do want to remain aggressive in my career growth till I hit $150k at the very least, in base salary.. would you feel being asked to work from home creates an impediment in commanding compensation growth as compared to being an active in-house employee?
I do half and half (one week home and one office), and quite honestly I love it! I still get to attend conference with colleagues and make new connections etc... The real question is, how discipline will you be working from home? Also, on your resume, the name of the firm will be listed and not WFH, so why worry?
Working from home?? (Originally Posted: 08/17/2009)
How much of an analyst or associates job can be done from home??
thanks
100%
very little unless it's from midnight until 6am.
In reality a computer and a phone would enable you to do a decent amount of the job, but as a junior person on the totem pole, you are not trusted or proven enough to make a case for working from home outside of the hours I specified above.
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Most of the job can be done at home (assuming a good computer with excel, powperpoint, etc.) but as an Analyst/Associate you're not going to be in a position to work from home the vast majority of the time.
are there any positions where you could do your job from you blackberry or home office after putting in some face time in the office?? such as a VP or MD leaving the office at 3PM on a Friday and being 'on-call'?
thnx
Agreed that you could do most from home, but there are a few things you can't do: - use bloomberg - print/bind books - print a bunch of color copies of a deck, or even b&w in large quantities - work 100% efficiently with the programs (switching back and forth in/out of Citrix is a pain in the ass) - hand the next turn to the analyst or associate -- you'd have to fax it or scan/PDF/e-mail it - easily make phone calls (at least for me, my cell reception is shitty in the apartment) or call internationally without worrying about telephone charges - walk over to your analyst colleague and ask how to do something
what functions do the BBs have in remote locations? (Originally Posted: 06/29/2009)
hey all, i'm posting it here coz it seems most relevant tho it might also go under any of the other banking-related topics. i'd really appreciate your input on this.
i'm currently a student in israel and i happily noticed that most of the big and good ones (gs, jpm, ml [maybe not that good], ms) all have offices here in israel. but i was wondering what kind of functions/divisions operate here. maybe research? (please god please..)
i was guessing that it's probably mostly asset management but i have no way of knowing this. anybody know what kind of functions one might fill in israel assuming that he got lucky with one of these banks?
thanks a bunch
Most of the banks have tiny IB offices in Israel known as relationship bankers. They are not there to execute deals, just to stay in touch with strategic contacts, and to push their way into major capital markets deals. Most firms have one/two research analysts that cover all the major Israeli firms. Check the research roster for Bezeq for names and firms. In terms of domestic investment houses, there is Psagot (owned by York Capital), Apex, Yashir, Phoenix, and Migdal.
I interned in one of the above firms, and you need to be fluent in english, hebrew, and one european language (french or german). Also helpful to have good protectsia if you want to run money.
edit: The reason why most banks have offices in Israel, is because their regional offices in the middle east can't easily service Israel and vice versa. Also, Israel is pretty tech/HC heavy, whereas Dubai, etc. is more real estate and capital raising for export to other developed markets.
Does "Work From Home" Put You On The "Sideline"? (Originally Posted: 12/22/2015)
Greetings,
I work at a name brand asset manager in the $120-140k range. I had left my cosy previous job that offered unlimited paid time off, work from home and flex hours for this name brand NYC job.
However, I'm hearing talks of re-structuring/consolidation plans on some of the floors and that some of us will be turned into "work from home" positions, with no-name desks/terminals for people that need to come in occasionally. At present, I come in every day and am not too crazy about the whole WFH deal.
My opinion is that roles that have been carved into monkey jobs tend to be converted into work from home positions so the company saves on real estate costs per employee. I feel these positions put you away from being in the middle of the pit and being sidelined like this may slow down compensation growth.
Do you folks agree? Or am I over-thinking this? We're not talking about a million Dollar a year job here, but I do want to remain aggressive in my career growth till I hit $150k at the very least, in base salary.. would you feel being asked to work from home creates an impediment in commanding compensation growth as compared to being an active in-house employee?
Working from home?? (Originally Posted: 08/17/2009)
How much of an analyst or associates job can be done from home??
thanks
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