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?
| Dark Pool Data: What Can It Actually Tell Us About Institutional Trading? | 1 | 1d | |
| +9 | NextEra Trader Comp | 1 | 16h |
| +5 | Book Recommendations? | 2 | 4d |
| +3 | What is your firm's compliance policy for PAs? | 1 | 2d |
| 0 | FMN | 0 | 1d |
| 0 | Green Candle Prediction | 1 | 12h |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
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.
Incidunt perspiciatis architecto et minima. Magnam libero dolorum aliquam aut molestias molestiae. Necessitatibus qui tempore corrupti reprehenderit facilis nihil autem praesentium.
Cupiditate vel a consequatur praesentium et. Qui est et facilis alias voluptas aut ex.
Quis nihil iusto totam beatae. Minus pariatur nihil velit architecto nulla totam ut. Perspiciatis repellat adipisci ut eius nisi consequatur. Quis voluptas delectus aspernatur est voluptates quis minima voluptatem.
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...