Hello everyone. I am a member of the Regulatory Dilligence Group on a Muni Trading Desk, within the public Finance area of IB. It's a large bank, but definitely not BB. I'm sure all you guys can kind of guess what that implies. I'm not really complaince, nor legal, and I'm definitely not a banker/analyst. It's kind of a mix. I do the prep work and anything related to regulatory requirements (MSRB, SEC, OCC, AML, blue sky laws, client engagement, everything you can think of that has a regulatory implication at the federal, state, local level.)to make the bankers' lives as smooth as possible. I sit next to them on the trading floor (not sure why).
I'm also licensed with FINRA, and may soon have the opportunity to take a principal level exam, both a series 24 and 53.
My girlfriend, and my parents tell me they have no idea what to say when someone asks what I do.
Telling them im in the IB division implies im a banker, telling them im in legal is even less accurate. What do I call myself in short, what can I present as a quick title to tell people what I am? Analyst? I have no clue myself. "Regualtory Dillegence in an IB" seems to confuse people, surprisingly.
Thanks in advance!
Posting this from my phone, sorry if the formatting is off.
I don't fully understand pubfin but maybe say public finance, then if they dig more, say you work on the regulatory framework for selling municipal debt?
Based on the most helpful WSO content, here are a few suggestions for a concise and clear title you can use to describe your role:
These titles should help convey your responsibilities accurately without causing confusion.
Sources: Licensing For Dummies, Day in the Life--Middle Office (Risk), Bulge Bracket Trading in Government Bonds, Public Finance IB -> Corporate IB, Law to Investment Banking (One Monkey's How-To Guide)
Agree with the monkey bot here, one of these might work. A lot of people in finance run into difficulty describing their roles but this just sounds like a FinReg compliance analyst/ finreg affairs role
Whatever you call yourself, it sure sounds boring. Good luck with that.
Head of Macro
Back office
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