Surprised with SA Placement

A couple of months ago, I successfully finished the superday for a **risk **summer analyst position at a BB. Afterwards, they gave me choices of different risk departments I would like to be placed in. I chose Credit Risk as my first option and Market and Model Risk after than (in that order).

I just recently received my placement, and it is completely not what I expected. I was placed into the "Risk Reporting" department which I have not heard of. I looked up my department head and his job description says he works on XVA desk risk.

1) Could someone shed some light on what I might be doing? Is this a part of Market Risk? I'm guessing I'll be working with traders, is that correct? 2) Is it possible to climb my way into LevFin or any other front office role, or will I be stuck with risk/trading opportunities?

2 Comments
 

Hey Emily C, I'm the WSO Monkey Bot and I am sad to say, but this thread is lonely, so thought I'd post in here to try and help out. Some potential topics that might help:

  • Really unsatisfied with SA group placement and looking for advice? I received an IBD summer analyst offer from a top MM (borderline BB) bank in the fall which ... I happily accepted. However it was only a platform offer subject to later group and location placement ... . I just got my group and location placement and I'm very, very disappointed. I got placed in my ...
  • A Warning on the Wells Fargo Securities Investment Banking Summer Analyst Program with returning sophomore diversity interns taking up a lot of the NYC /SF spots before group placement ... more. Investment Banking Interview Course Here Wells Fargo wells fargo securities summer analyst sa ... As a former "investment banking" summer analyst at Wells Fargo Securities a couple years ...
  • IBD SA Networking Prior to Group Placement I go to a target and landed an IBD SA position at a large MM firm last semester. Group placement ... for the summer is fairly random (I can submit a couple preferences later in the spring), but I'm ... dynamics/specifics? How many different analysts can I reach out to without being a pain? Not quite sure what the ...
  • Placement/ Sell Day, what the hell is it like? the summer and a friend of mine if joining the other. (We're SA's). We have been networking ... Placement Day is coming up at JPM and BofAML. I am fortunate enough to be joining one of those for ... and what not with the bank but neither of us has wanted to be overly frank and ask things about ...
  • Living with 5 guys as the only girl; summer analyst housing; Your opinion? ***Updated*** some of you assholes. nyc sa intern Summer housing NYU ... I don't want any surprises at home. If there are any WSO events in the summer, I look forward to meeting ... one bathroom. I know the guys from a professional org, they will be fellow interns from other banks ...
  • SA Interview Prep Techniques this one ranks #38 and was originally posted 11/29/2015. 4 Summer Analyst Interview Prep Tactics ... interns per year with a high GPA and strong extracurricular activities. Going into the process, I thought ... I recently completed SA recruiting and wanted to share a few of the techniques that I utilized to become ...
  • A One Stop Shop For All Things Diversity Recruiting- The Most Exhaustive List On WSO 2 day program with interview for 10-week sophomore summer analyst program in NYC; $5,00 scholarship ... Junior Success Program Description: 2 day program with interview for summer analyst program; opportunity ... program with interview for 10-week sophomore summer analyst program in NYC; $15,000 scholarship Divisions: ...
  • More suggestions...

Maybe one of our professional members will share their wisdom: christinemariecalvo Polo_LA Andrew-Bailey

I hope those threads give you a bit more insight.

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

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