MARKET RISK vs IR STRUCTURING

Hello Everebody,

Have post-graduated in MSc in Risk Management and Financial Engineering. Received and offer in interest rates structuring at Commerzbank, 1 year internship, 40k base salary in London. Second offer from HSBC, Market Risk, 6 months contract, 72K base salary in London. I am tempted more by the structuring role as I see myself in the FO in the long term, although the salary is considerably lower and is an internship. On the other side, I am not sure if I would be able to move from Risk to FO in the current competitive market conditions, even if the salary seems very attractive. Would greatly appreciate if you could share your thoughts on this issue.

2 Comments
 
Best Response

dont listen to anyone or compare yourself to anyone..go with your gut mate and dont think about salary for the first two to three years at least.. build experience and path your future..

market risk can pay upwards of 200k a year easy.. but if your keen on interest rate resturcturing, plenty of opps out there.. especially treasury which pays a bomb..

just go with your gut and dont think about salary... just make sure you choose the place where you will learn the most and that is the most professional. ie.. what reputation does the i/r restructing have.. what do people say about working there? does it start below the real 6 month contract cause then u can see what its like and if you dont like it, quit..

plenty of options.. but best to start somewhere where u will learn, wont be abused and look after you / are good to work for..

thats my opinion anyway... coming from working from good and bad employers

 

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