Is this offer worth accepting
I have an interview at a fortune 500 for a position in corporate financial holdings department.
Following is the job description:
=Assistance in cash flow planning issues in (re)financings, capital market transactions, M&A transactions or other projects =Arranging and settling of FX trades, IR swaps, money market deposits, credit line drawings and other financial products =Supervising corporate treasury linked payments Organizing intercompany transactions with worldwide financial and operating companies =Monthly liquidity planning and conducting regular reporting tasks for the financial risk management process =Ensuring that all treasury transactions on corporate level are recorded in the treasury system =Comply with FH guidelines, targets and limits =Negotiate favorable terms on all transactions done with banks =Preparing intercompany (e.g. loan agreements) and banking documents (e.g. account opening forms) =Monitoring maturities of financial instruments =Optimize "cash pooling" in main entities =Act as key user of IT-applications Quantum / FIDES / Bloomberg
Does it look like a decent role.The positon is based in the firm's corporate office. What could be the exit opps??
exit opps = business school.
i say this b/c it seems the job is more of cash management position, kind of like an internal trustee/escrow for the company. so work there for a few years and go to business school.
If you don't have other options lined up, take it
Thanks guys!!
looks like an ops role.. so i guess exit opps will be to Ops role in BB.. dont get me wrong, its not a bad position but neither it is a good position.. if you are interested in invest mgmt or research, you can take up this opp, get ur cfa.. go to bus sch after a few years..
take it
In this market, if you don't have any other option, definitely take it! Then, you can try to reposition yourself a couple years down the road...
Good luck
At this point in the year, most of the full time investment banking positions and other top jobs are filled. As a result, you're likely better off accepting a position at a solid F500 company than chasing prestigious jobs. I'd vote to accept it.
Thanx everyone for the replies!! I just checked and the job title is definitely a "cash manager";what AA pointed out.I understand that its difficult to get the IB jobs right now so will probably take this
probably a good idea in this job market
what's the alternative? if the alternative is nothing, then take it.
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