Commodities OTC Sales Trader career prospects
I have a question, what are your thoughts on a career in Commodities OTC Sales? I have an offer (mid-level) from a solid broker in the space, mostly to do with commodities so my potential counterparties would be corporates or trade houses looking to hedge commos or fx exposure I would guess.
Any idea whether the comp is decent (never mind the location) and if there are decent career development and/or exit opportunities?
Personally I think there is a lot of room for the OTC segment to grow(e.g. a simple structure could be an accumulator, cap & floor etc.) but of course you have to keep building your book, sign ISDAs etc. The overall style seems to be "eat what you kill" that's for sure.