Corp Treasury -> FIG Banking?
Curious if anyone here has experience 1) making the jump from treasury to FIG or 2) is currently a FIG banker and has seen this at your firm.
Currently an analyst in corp treasury and feel like there is overlap in the skillset (except the modeling intensity).
I've worked for a few years in a FIG group and it's not something I've seen on our team and don't really see the overlap. Corporate development or FP&A, yes. Treasury not so much.
What portion of the skillset were you anticipating to carry over?
Interesting that you've seen corp dev and FP&A transfer but not treasury. I'm in capital and have a pretty in-depth understanding of a bank's balance sheet, regulatory capital, CCAR, etc. which seem to be relevant for certain FIG teams. I'm not super familiar with FIG so would definitely appreciate some insight into your work and how you think I could better position myself
Also in fig and most common I have seen in terms of direct transfer (no jobs in between or MBA) is actuarial science/insurance underwriter to insurance vertical. I think in terms of treasury most people will think of cash management/liquidity and doing hedges which is why it doesn't seem super applicable. Another thing people will assume is that you have no idea how to model even if you can name some of the capital ratios that go on FIG models.
Going to IB directly from your role may be a stretch unless your bank has very good internal mobility and FIG corp banking may be more open to a lateral, which would allow you to go to IB if you still desire to in a couple years. Obviously if you do decide to do MBA, this would make a very easy sell to go to FIG IB as an asso.
Great perspective, thank you. Seems like I will probably need an MBA before making the move
bump
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