Public Settlements or Data Ops

I recently started my first job in operations at a buy-side investment management company. I was initially hired for a role in a project that would be integrating all the asset classes into one accounting system. I would start with exposure to derivatives and go from there. The role is very data-oriented and might include some SQL. It is also a multi-year project, so although exposure to all the different asset classes would be beneficial, it would take anywhere from 3-5 years.

In the meantime, I've been working with the public settlements team within trade operations. I have exposure to corporate bonds, treasuries, ABS/MBS, repos, etc. and have interactions with the traders, although I have not met any yet. This role seems more finance-oriented, which is what I studied, and more middle office. The project team on the other hand, is very data oriented and back office with no real interaction with the front office.

For context, my long term goal is to get to the front office, at this time I think specifically portfolio management. I plan on starting to study for CFA Level 1 within the next month or two, and networking with as many people as I can. Which do you guys think is a better fit for me considering my goal?

1 Comments
 

Alias impedit velit vitae dolorem expedita. Est tempora praesentium cupiditate quis voluptatibus illo. Hic aut sunt placeat nemo voluptatem fuga in. At pariatur quo labore vel enim sit.

Odio maxime consequuntur consequatur dolores quia mollitia. Aut autem et et unde quis. Accusamus delectus ea itaque tempora qui voluptatum reiciendis iste. Aut suscipit aut temporibus. Ut ad consequatur autem ut vitae aut.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.2%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.7%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan 01 97.2%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (16) $429
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (80) $150
  • Intern/Summer Analyst (73) $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
kanon's picture
kanon
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
GameTheory's picture
GameTheory
98.9
6
DrApeman's picture
DrApeman
98.9
7
dosk17's picture
dosk17
98.9
8
CompBanker's picture
CompBanker
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Linda Abraham's picture
Linda Abraham
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...”