Should I Do Banking?

GreaseMonkey

Hi all-

Recently got a SA offer from JP Morgan in Corporate Client Banking FIG in NY. Thoughts on name brand, dealflow, hours, comp, etc?

Job description mirrors that of IB - pitchbooks, modeling, credit analysis, comps, participation in all stages of syndication/leveraged finance deal cycle, as well as treasury/derivatives products from the commercial bank, etc.... but it's not part of the investment bank.

It seems like a FO role, but I'd like to end up somewhere in IBD FT. Potential to move to JPM IBD or to another bank for FT?

Any thoughts would be greatly appreciated.

It's a fairly new group so it's still pretty lean. Correct me if I'm wrong but you'll be one of 2-3 interns. It's definitely an up and coming group, there's a lot of long-term prospects and the ability to stay with the team and make an impact. You'll be working on a lot of debt stuff. I'd say your chances of lateraling to a BB or MM FIG group is solid. FIG in itself is a pretty niche industry and being in a CCB FIG group exposes you even more niche things, but I wouldn't count yourself out of landing into another group in another bank.