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I would be interviewing for junior role in a securitization buy side firm. This is the role:

We are looking for a junior guy...booking trades....monitoring our portfolio of investments...working with the trustees....providing investor reporting stats. It is not glamourous...but there is room to grow to become a portfolio manager/trader after a few years if the person is good.

How would this role be compared to an analyst in an iBank working with the program trading desk on ETF and potential work as etf trader.

Which career path would be better of the above two?

Thanks

2 Comments
 
Best Response

I did trading at mid-junior-ish level (post MBA in fixed income. They make you wait forever to actually prop trade. Skillset from it: nada or close to it.

Did analyst I-banking at GS - it's grueling life for sure (trading starts early which is its own hell - there by 6:45am conference call with Europe desks - but done by 5p. I banking analyst: no life, not an understatement, and you'll be 24 and look 34. BUT, you will actually learn some real finance, and sounds weird but really the art of the "pitch" - you're mostly working on pitchbooks and sitting in on pitch meetings and sometimes going to steak dinners with the MDs. You learn corporate schmooze. Ends up helping in Fortune 500 exec role, entrepreneur, whatever. So having done both I'd say latter, but personal opinion.

 

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