Citi CMO or JP IB Risk

I have two offers: one from JPM's risk team and another one from Citi's Capital Markets origination. I am having a tough time choosing. I interened with JPM and I like the culture and I see there is much mobility. However, Citi is offering me a great front office role, but doesn't have much deal flow and has little transferable skills

Comments (14)

Sep 9, 2010 - 1:41am
LikeToKnow, what's your opinion? Comment below:
quant_finance:
How is risk front office?

How do you define front office?

Comps? they are about the same as an IB analyst, and with much less hours. Therefore probably higher hourly wage

Client facing? They speak with client all the time!

People? Not sure about JP, but the firm i work for, Risk is the smartest people i know.

Sep 9, 2010 - 11:21am
Hmmmmm, what's your opinion? Comment below:
LikeToKnow:
quant_finance:
How is risk front office?

How do you define front office?

Comps? they are about the same as an IB analyst, and with much less hours. Therefore probably higher hourly wage

Client facing? They speak with client all the time!

People? Not sure about JP, but the firm i work for, Risk is the smartest people i know.

risk doesnt directly generate revenue

Sep 9, 2010 - 5:40pm
Socal, what's your opinion? Comment below:
LikeToKnow:
quant_finance:
How is risk front office?

How do you define front office?

Comps? they are about the same as an IB analyst, and with much less hours. Therefore probably higher hourly wage

Client facing? They speak with client all the time!

People? Not sure about JP, but the firm i work for, Risk is the smartest people i know.

quite simply front office means revenue generating. IMO it's irrelevant whether risk has the smartest people - if you want to be with a revenue generating group, go with citi cmo
Best Response
Aug 28, 2010 - 10:52pm
stillnorth, what's your opinion? Comment below:

This is apples to oranges. With Citi CMO, you will be an actual banker. This is not the case with JP Risk Management, though JPM does have a top notch risk management group which can lead to HF opportunities (in risk).

Aug 29, 2010 - 10:52am
LIBOR, what's your opinion? Comment below:

I knew people at both... I'd say go with Citi CMO... its def FO plus you get to work on actual deals... and if you get lucky you can get a role in LevFin

looking for that pick-me-up to power through an all-nighter?
  • 1
Sep 8, 2010 - 9:11pm
stevesmith, what's your opinion? Comment below:

Citi CMO will be a lot more interesting and you'll see more variety, especially if you're going in as an analyst. You can also easily move to just about anywhere else in Citi for your 3rd year if you do a good job and want to move.

Sep 9, 2010 - 1:01pm
GutShot, what's your opinion? Comment below:

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