FT Structured Finance Offer vs Professional Services (THINK BNP PARIBAS VS KPMG)

Hi all,

I'll get straight to it:

  1. Currently working- lets say within the professional services domain, professional qualification provided (ACA/ACCA), good pay, great perks (lots of gadgets, subsidised canteen, great pension, great insurance), very good team, easy hours (out by 5) etc.

  2. Have been given an offer for a front office role at a Middle Market bank (previously considered Bulge Bracket). This is in particular a Asset Backed Finance role. This falls under debt capital markets for the specific bank. Anyways, the pay difference in gross terms is £7,000 (the bank paying higher) which actually does not translate into much when looked at in net terms. Regardless, the bank does not provide many perks, but this specific role is something I'm actually interested in. My background is an internship in Risk at a BB bank and a 2.1 degree from a Russel Group Uni.

My question- apart from if I should take the offer, is as someone who has not worked in the "front office" before, and hearing/reading various stories, what do I expect? There is no specific training like certain grad programmes, but during my interview, the MD had stated they provided on the job training etc. Most of the team that I interview with seemed quite reassuring etc.

I guess my main point is, will I be taught all different aspects of the role? How will I get to grips with the modelling etc? I have been told and also from research, that the modelling is different- its cash flow modelling based on the underlying assets etc which can be a range of things. The generic financial modelling from what I've seen onine seems to be aspects covered by my corporate finance classes at uni. However, the modelling that this team speak of, seem to be unheard/unseen off, with very few information/tutorials online. What hours do I expect? I assume it's something along the lines of 8am to 8pm? Maybe a few times finishing at 10pm? Rarely ever midnight? I don't mind the hours as long as the team are good. But what if it comes to the point I'm being shouted or sworn at? Is this something that analysts experience?

I know of a few people working in M&A, Asset Management and Sales and Trading. They all say I'm overthinking it, and much of the work is fine, but the most important skill is attention to detail? They said modelling (of the people that do it) is perfectly fine, seeing as their companies re-use templates etc.

Apologies for the long message guys and girls, but could I please receive any insight to this? Also what are the exit opps? Thank you in advance.

1 Comments
 

Optio est veritatis amet et eligendi eos. Eveniet repellendus ratione perferendis exercitationem nobis qui omnis. Cumque et minus perferendis vel optio autem. Consequatur nesciunt impedit eum iusto facere numquam autem. Magni eius ut voluptatem et ut voluptatibus ratione.

Fuga alias dolores fugit praesentium et corrupti explicabo omnis. Accusantium voluptate deleniti quidem quaerat. Tempore sunt inventore qui debitis.

Magni unde velit quis qui possimus. Quod sit rerum molestiae perferendis. Dicta unde rerum dolorem mollitia accusantium accusamus.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.2%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (47) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (83) $151
  • Intern/Summer Analyst (74) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
DrApeman's picture
DrApeman
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Mimbs's picture
Mimbs
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”