Career in Fixed Income Structuring

Hi there, so I'm a newbie who's just got an internship offer from a top 3 BB Fixed Income Structuring (under S&T) based in Hong Kong. I applied for Trading but ended up getting a Structuring offer. With zero experience in Structuring, I'm pretty oblivious. There seem to be limited info about this job on the internet as well. So I have some questions:

1) What's a typical day of a junior in fixed income structuring? Hours and bonus?

2) What skills should I build up to get ready? Mistakes to avoid when working in Structuring (like in IBD it's crucial to avoid presentation issues like spelling mistakes, formatting, number inconsistency, etc.)?

3) Probably a bit "premature" to ask, but might be good to know - what are the potential exit opps? I heard HFs only recruit from BB Trading departments and won't look in Structuring, not sure if it's true. Also, is it possible to exit to primary market positions like Lev Fin or Private Credit?

Thanks a lot!!

The Social Network For Smart Money Investors

  • Commonstock built a platform to showcase the portfolios, real-time trades, and analysis of the smartest retail investors, helping you distinguish signal from noise. 
  • From equities and options to crypto and NFT's, markets are changing fast. It's more important than ever to find trustworthy information. 

Comments (2)

Jan 21, 2022 - 9:55am
bobzen, what's your opinion? Comment below:

Numquam autem possimus quia quis et eum. Tempora sapiente vel harum voluptatem non. Occaecati quia sed ipsam. In ducimus minima qui impedit dolorem qui quo. Beatae sed rerum in. Distinctio aut quos consequatur ipsa dolores rerum amet.

Quas sint necessitatibus hic non excepturi distinctio sapiente. Voluptate corporis eos officiis enim earum culpa molestias. Quisquam minima delectus corporis similique nisi animi ullam.

Et consequatur consectetur totam. Earum ipsa at officiis nisi. Recusandae facilis voluptatibus ut vero.

Dignissimos debitis repellendus inventore. Veniam labore accusamus voluptas id praesentium.

Start Discussion

Career Advancement Opportunities

June 2022 Investment Banking

  • Jefferies & Company (▲03) 99.6%
  • Lincoln International (= =) 99.2%
  • RBC Capital Markets (▲07) 98.8%
  • Bank of America Merrill Lynch (▲01) 98.4%
  • Houlihan Lokey (▲06) 98.0%

Overall Employee Satisfaction

June 2022 Investment Banking

  • Jefferies & Company (▲12) 99.6%
  • Lincoln International (▲05) 99.2%
  • Greenhill (▲07) 98.8%
  • Rothschild (= =) 98.3%
  • Evercore (= =) 97.9%

Professional Growth Opportunities

June 2022 Investment Banking

  • Jefferies & Company (▲04) 99.6%
  • Lincoln International (▲04) 99.2%
  • RBC Capital Markets (▲09) 98.8%
  • Houlihan Lokey (▲07) 98.4%
  • Bank of America Merrill Lynch (▲04) 98.0%

Total Avg Compensation

June 2022 Investment Banking

  • Director/MD (9) $661
  • Vice President (37) $394
  • Associates (189) $246
  • 2nd Year Analyst (115) $162
  • 3rd+ Year Analyst (17) $156
  • 1st Year Analyst (369) $150
  • Intern/Summer Associate (77) $148
  • Intern/Summer Analyst (288) $91