CB (CIB) to S&T

Based on the most helpful WSO content, transitioning from Corporate Banking (CB) to Sales & Trading (S&T) is indeed a significant shift, given the distinct nature of the work, skills, and daily operations in each area. While direct examples from the context provided don't specifically address moving from CB to S&T, we can draw parallels from similar transitions discussed in the forums. Here are some insights and steps you might consider based on related transitions:

1. Understand the Differences: First, it's crucial to deeply understand the differences between CB and S&T. S&T is more about market movements, trading strategies, and client interactions in real-time, whereas CB focuses on relationships, credit analysis, and long-term financing solutions.

2. Skill Development: Start building the necessary skill set for S&T. This includes gaining a solid understanding of financial markets, instruments, and trading platforms. Familiarize yourself with the basics of technical analysis, market indicators, and trading psychology.

3. Networking: Leverage your current position to network with professionals in the S&T division. Express your interest and seek informational interviews to learn more about their day-to-day responsibilities. Networking can provide valuable insights and potentially open doors for internal transitions.

4. Internal Mobility Programs: Investigate if your current institution has internal mobility or rotational programs that allow you to experience different roles. These programs can be an excellent way to transition into S&T.

5. Education and Certifications: Consider pursuing relevant courses or certifications that could bolster your knowledge and credentials for S&T. For example, the CFA or Series 7 and 63 licenses might be beneficial, depending on your target role within S&T.

6. Showcase Transferable Skills: While CB and S&T are different, there are transferable skills such as analytical abilities, client management, and risk assessment. Highlight these skills when discussing potential opportunities with S&T teams.

7. Prepare for Interviews: If you manage to secure an interview for an S&T position, prepare thoroughly. Understand trading concepts, market trends, and be ready to discuss how your background in CB provides a unique perspective that can add value to an S&T team.

Remember, transitions like these are challenging but not impossible. It requires a strategic approach, continuous learning, and leveraging every possible network and resource. Based on the experiences shared in the WSO forums, persistence and a clear understanding of your career goals are key to making such a transition successful.

Sources: Transitioning from Tech Sales to IB, Navigating The Floor: A S&T Analyst's Guide, S&T to IBD?, Who here is trying to transition careers?, FT S&T TO IB After 1yr or 2yr?