Commodity Structuring/Origination
Got an offer to join a MM commodity desk as a SA and I was wondering what structuring within commodities would entail exactly? Also what skills are gained and possible exit ops are there if one were to start there?
I would take it 100%. I know originations better than structuring...but basically you can do anything on the commercial side of a commodity house/miner/oil major with that xp.
It will be a different set of skills and exits than a trading seat or a banker, but if you have some interest in sales/commercial roles, you're in a good spot.
Anyone that knows more than me, feel free to correct my take
Thanks for the response. I was told they are keen on growing out their structuring/origination (which seems rare in most S&T desks from what I read on here), and that intrigued me. I feel that I am better suited for an S&T role, but I can't ignore all the negative discourse on here in regards to pay, exit opps, etc..
I say go for it. It's a bit more "business-y vs. trade-y" on the originations side. I think its a more transferable skillset to know how to a) price a structured trade & b) manage the customer relationship & generate new biz vs. just market making at a bank or trading the book on a spec basis
I have seen a fair few traders in the mid-career have to move to some startup or learn to code because they got stopped out. If you are good at structuring/originations, you can move to cushier corporate roles at a downstream major for instance.
There are a good few threads about originations on WSO i believe.
Makes sense, I guess I'd have the opportunity to see how I like it and go from there. I appreciate the insight
deleted
Prospect.
I have run Structuring desks. Across most commodities. Originated. Traded. Financed. Consulted and started my own business.
A good Structuring desk is better than an MBA in most cases (I have one as well). I STILL use stuff I leaned from 20 years ago today. Every day.
DM me if you want to chat.
Pariatur qui culpa assumenda repellendus. Molestiae vel rerum sunt quo placeat. Deserunt ipsam omnis ut eveniet recusandae sunt. Vel minus omnis necessitatibus repudiandae veritatis aut.
Totam incidunt corrupti qui eveniet nostrum ex. Culpa veniam excepturi non dolores quasi distinctio. Velit officia praesentium beatae. Voluptatem omnis iusto rerum ut. Et et ipsum ratione asperiores.
Eum illo quas quia nihil est ipsam mollitia. Optio nostrum iure libero ut ea aut. Nostrum sed sed quas. Porro in sunt iure molestias suscipit praesentium dolores. Eligendi sed assumenda quae unde excepturi.
Blanditiis eos officia ut et. Similique dolor quia natus. Est quidem quis ut voluptas fuga. Voluptatibus accusantium quas id est sed inventore id.
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...