corp derivs sales in Canada - good seat or dead end?
Looking for some honest takes from people who’ve been in, around or heard of corp derivative sales (FX, IRD, Commodities or anything else) - especially if you have negative opinions, i want to hear them
Few things I’m trying to figure out as I've been in and out of interviews with a team at a regional leader in Canada;
1. How do people actually view corp derivs? I’ve seen it called a dead end on here a couple times bc it’s too markets-y for private side and not trading enough for HF. Is that still true or outdated?
2. Realistic exits after 3-4 yrs? Thinking structuring, trading / XVA, or lateralling to corp derivs at a BB
3. Comp trajectory. How does pay look at AD/D level vs corporate banking? Does the gap actually get big or is it pretty similar until MD?
Appreciate any insight !