Fixed-Income and futures settlement question
I recently received an offer from a small buy-side firm. It's a settlements administration job. My current job is in equities operations where I work on the trade life cycle in between execution and settlement. The new role will allow me to continue this plus doing fixed-income and futures booking and settlements. I'm a bit nervous as the interviewer mentioned a past employee worked for a mere week, couldn't get their **** together and was promptly fired. They know I have no experience in fixed-income but I wanted to get out in front of this and see what the difference is in settling fixed-income trades. Is there anything in particular I need to know about coupon rates? Is there any fx function I should know regarding this?
Also, kind of on a side note, I haven't signed the document yet and may have an offer from Blackstone soon for a role that sounds exactly like what I'm doing now, however their pay seems to be a lot more. Am I making the right decision going to the buy-side firm?
A voluptas minus at laboriosam ipsa hic tempore. Alias distinctio et minima exercitationem accusamus accusantium. Ad illo facilis consequatur voluptate natus quae dolor. Et iure quis nihil laboriosam illo.
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...