Does anyone have any insight about this role - reputation, type of work, exits etc? Thanks
Just saw the listing and have done an IBD SA and looking for FT roles rn (ik this is not an IBD position but just wondering what types of roles it could lead to/whether it's still respected etc)
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In London they very rarely convert trainees / interns. If that's all you have then take it, spin it and keep recruiting for OC / lateral A1 roles
Yeah HR made that quite clear to me too, didnt land the offer yet(still interviewing) but was wondering if FIG coverage is even a front office role? Seems a bit odd because the description seems to say that they work with both Global Markets and IBD on certain things such as industry research/structuring and originating deals/trades etc + manage relationships with FIG clients? But still dont get it exactly haha in terms of what it could lead to etc.
FIG Coverage is 100% Front office. It's the most front office you can get, you deal directly with the clients. Obviously the trainee has less interaction than the senior bankers, but that applies to all investment banking positions. Any updates on the role?
Any updates from the interviews?
Some of the points also make it sound like an ops or credit role unless I'm mistaken but this is the role description:
hi im an incoming FIG intern and i think ur right, a lot of the job is credit related. however, these deals can be really really huge depending on deal flow, which can be ad hoc.
And to answer ur other q - I am interviewing for some OCs in large MMs in IBD atm(think Jefferies, Piper etc) and if one works out will obviously take it but think they did not go well so most probably will not be getting anything this season+have already graduated
Heard that they treat trainees very badly. 5% conversion to permanent that is very random and not performance based. Front office trainees do back/middle office work. Overall not a great company for junior. A lot of negative reviews on glassdoor for trainee positions.
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