Need Info

I am a ACCA(England), n is working for a MNC bank in FRQ domain. However , Iwants to shift my career to i-banking. My present co. has offered me a role in singapore, please let me know if it will help me in transition to i-banking.

It will be great help to have your inputs.

FYI..
Description
Financial and Non Financial Analysis:

• Financial Analysis including planning, QRM/BLM, flash/actual commentary, benchmarking (PBC Asia incl. HXB/HBB investments)
• Support of PBC Asia strategic projects (business case prep, project tracking, etc.)
• Prep of GIC, GEC updates on PBC strategic investments/projects
Benchmark divisional performance (across competitors and other businesses/divisions)
• Develop and embed regular client profitability reporting
• Conduct analyses such as: event/post mortem, trend, ratio, and variance.
• Enhance the country franchise reporting around the region ( Country benchmarking , local competitor review etc)
• Responsible for constantly enhancing the operational excellence around existing products and actively contribute towards developing new insightful analysis

Decision Support:
• Establish a standard framework for decision making (e.g. types of parameters to be used, standard templates and processes) in conjunction with business partners and other relevant stakeholders
• Participate in providing input to key growth initiatives in the region
• Support the New product approval process for the businesses
• Develop scenarios and stress test the proposition(s)
• Identify and categorize key risks associated with a decision
• Determine the impact of a decision on key business constraints/drivers including regulatory and economic capital, taxation, balance sheet usage and profitability
• Provide an overall ‘Finance’ opinion on the desirability of a decision

Budgeting, Planning and Forecasting:
• Enhance planning framework & support
• Stress test the planning assumptions and business drivers
• Conduct Shareholder value analysis
• Determine granularity of required data and appropriate planning horizon(s)
• Create scenarios, preliminary analysis and conduct statistical analysis
• Contribute towards monitoring the firm’s Strategic targets in the region
• Determine impact of key scenarios on market expectations and the firm’s valuation
• Determine warning thresholds and parameters
• Provide input to Decision Support and Corporate Investment/Divestment Support functions
• Review and if necessary update plans and forecasts

Cost Analytics
• Benchmark against competitors or other external organisations
• Conduct activity based management (costing) and variance analysis
• Differentiate direct and indirect costs
• Conduct trend and root cause analysis
Monitor and investigate outliers or negative trends
• Provide Inputs to the complexity reduction initiative in the region

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (145) $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
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
CompBanker's picture
CompBanker
98.9
6
dosk17's picture
dosk17
98.9
7
kanon's picture
kanon
98.9
8
GameTheory's picture
GameTheory
98.9
9
bolo up's picture
bolo up
98.8
10
Linda Abraham's picture
Linda Abraham
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...”