DCM syndication

Hello,

I will soon be interviewing for a junior DCM syndication position in London with a European MM bank. To be perfectly honest I don't know an awful lot about the role and I would greatly appreciate any responses to the following questions:

  • What are the main differences between the DCM origination and the DCM syndication teams?

  • What can I expect a typical day to look like? The responsibilities listed in the job posting include: general support tasks, participation in communication and marketing, pricing, assisting and liaising with the sales, trading, and origination teams, and participating in ad hoc analysis projects when requested.

  • I have seen syndication described as being at the intersection of IB and S&T, leaning towards markets. How fair of an assessment is this?

  • What are the hours, compensation, and culture, generally like in syndication?

  • What are the main skills that I would learn in syndication? What are the potential exit opportunities?

  • What sort of questions should I expect in the interview? How should I prepare?

Thank you.

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