Corporate Equity Derivatives/ Corporate Fixed Income Derivatives

Anyone has any insight into the Corporate Equity Derivatives team or the Fixed Income Derivatives team on the IB side within Capital Markets? The Fixed Income team deals with rates and FX risk management for corporates while the Equity side deals with M&A hedging. I heard that some banks classify this within S&T.

I am told that the junior role involves some pricing and structuring work, and working with traders to move the products. Also, as one progresses, there is also client coverage involved so the work becomes more of derivatives marketing (meeting clients, understanding what their needs are, and helping them to come up with structures, and pricing them using pricing tools available).

I would like to ask if you know how compensation in this group would look like, and whether it would allow me to cross over easily to Sales and Trading in the future if for some reason, things don't work out as well. For example, if I wish to move over to i.e. commodity derivative structuring, how easy would that be? Also, how recession proof is this group?

Thanks!

6 Comments
 

Eos error a ratione blanditiis nisi laborum. Reprehenderit inventore dolores dolores officia error quaerat itaque. Repellendus ut et est est.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 01 98.3%
  • BMO Capital Markets 13 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan 01 97.1%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (15) $434
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (80) $150
  • Intern/Summer Analyst (73) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
kanon's picture
kanon
99.0
5
CompBanker's picture
CompBanker
98.9
6
DrApeman's picture
DrApeman
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
dosk17's picture
dosk17
98.9
9
GameTheory's picture
GameTheory
98.9
10
Linda Abraham's picture
Linda Abraham
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”