Working in Corp Treasury and ALM/Liquidity risk both in industry and at an MBB has been really cool experience over the past couple of years. Like anyone in MO will tell you, the hours are great, the pay is solid but limited, and the work can be interesting most of the time, not to mention direct exposure to the Treasurer and CFO.
But what if you want to put in the extra hours and make more $$$? What transferable skills could I use to help get into a front office role? I've heard of people moving into DCM or transaction banking, but is this the only exit route? Or would it be time for an MBA? I currently have 4 years of experience in F50 treasury.
also interested
The exits you mentioned are the only ones I've heard of, but I'm by no means an expert on this subject. If you go the MBA route, you can move into just about any position (PE/HF are going to be long shots, though HF is probably more likely). It's hard to say what transferable skills you could learn that would make you an FO candidate outside of the exits you already mentioned, especially without knowing what you're interested in. Usually it's not just learning a skill but acquiring the track record with that skill that makes a candidate desirable.
bump
Corp Treasury at BB to front office??? (Originally Posted: 01/24/2007)
I'm pretty new to this forum, pretty nice reading.
I'm a graduating senior, at a target Midwest college. (think NW, Chicago, U-Mich)
Anyways, here is my situation.
I've never really considered banking until this year's recruiting cycle. I was more of a consulting guy, and I previously held internships at big consulting and corporate real estate firms.
However....
I interviewed with alot of firms this past recruiting cycle, and as I read up on some of the banking positions that were interviewing at my school, I gradually gravitated toward that area. I got to a few second rounds for S&T positions, but alas, no luck. I did, however, receive an offer for a Corp Treasury position at a BB (think, GS, MS, Leh, JPM). I accepted that position hoping to maybe gain some experience and eventually transfer to front office.
So how possible is my "hope" After doing my two-three year stint as an analyst, what other exit opportunities are out there. Is it possible for me to move to front office?? How about a switch back to consulting? I also have a strong interest in public finance, is a move to that department possible?
You will probably need an MBA to move from back to front office. Same with switching to consulting after a few years.
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