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!
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bump
bump i've just accepted a grad offer for this having interned on a capital markets desk so would like to know if anyone can shed any light on compensation and exit opps
bump - anyone? please?
The Corporate Derivative Desk at the IB division seems to place focus on valuation/risk management.
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