Central Bank versus Troubled BB

After failing to receive a summer offer from a BB S&T, I graduated and took a job at the Fed in one of their market analysis groups that's responsible for conducting research/writing reports/providing briefings, etc. The work is okay but I'm disappointed in the lack of quantitative/modeling learning opportunities (i.e. I don't feel very challenged). I don't see myself staying at this job long-term.

I had a contact at one of the BB regional offices contact me recently. He wants to talk about an analyst position that has just opened up. Now, I'm going to this meeting regardless but I'm hesitant if I should strongly pursue this opportunity as the bank is one of the troubled ones (citi, boa/ml). The desk in the regional office is responsible for sales coverage and origination and handle derivatives/structured products (i.e. areas that I have a greater interest in).

Thoughts?

3 Comments
 

I know a number of people who have worked at the Federal Reserve in Washington, D.C. From what I understand, they are a very tight organization. If you have played your cards right and you lose your job at the BB, you should have a pretty easy time getting back on with them. I'd pursue the analyst job pretty hardcore. If you don't start young, you can be pigeonholed pretty quickly.

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