Please clarify exactly what this role is....
Would roles like this explained below also qualify as "working in IBD"? would it add any value to career path afterwards if I actually wanted to do IB? or is this just a dead end.
I'm not sure exactly how useful a "business planning group" experience is.
---------------------------------------------------------------------------------------------
Superb opportunity to join this investment bank within their Business Planning Group. We are very interested in those with an ACA qualification.
Our client is a tier one investment bank, based in London, and with global operations. They are now looking for a Business Analyst, who will work within the business planning team of the IBD team.
The role, working for the Head of Business Planning, will work on business analysis and strategic planning for the development of the IBD unit. This will look at the overall development of the business; competitor analysis; analysis of risk and strategy, analysis of team performance; financial planning and analysis.
---------------------------------------------------------------------------------------------
Pretty self explanatorily not FO, so you can't say it's IBD.
Not IBD or FO at all, but actually sounds interesting if your goal is to run a financial institution. Remember that a huge amount of bank CEOs were never investment bankers, and many of them weren't even FO, some never even did finance related work. They aren't deal makers per se, they're business owners/administrators.....different skill set and mindset.
Current CEOs of BAML, Barclay's, Citi, JPM and MS were never (not really, anyway) investment bankers.
CS, DB and GS have former banks as their current CEOs.
Worth mentioning that many of them are also heads of banks where IBD is not the sole profit generator (and in many cases not one of the larger income generators at all)- I think if you looked at the heads of IBD at these firms you would find the majority of them with FO/IB backgrounds. GS/CS- pure investment banks make sense, and MS being the exception (Gorman a Partner at McKinsey and then head of PWM at ML- which explains his obsession with pumping money into the MS wealth management business).
This sounds like an internal business and strategy team ; not to be confused with the banks internal M&A/corp dev team.
Aut qui omnis aut illum adipisci autem eaque. Ipsa pariatur enim nesciunt nulla exercitationem.
Placeat aperiam repellat qui quia et. Optio aut ut dolor reprehenderit. Aspernatur voluptatem amet qui odit quod.
Totam et sunt harum. Iusto adipisci ipsa aut vel. Rem occaecati dolores recusandae.
Asperiores voluptatem maxime minus. Atque est natus praesentium voluptates illum perspiciatis. Nesciunt voluptate voluptatum aut natus aperiam beatae rem. Sed omnis illo sed vel in rerum.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...