I applied for a FI Analyst position on a whim and now I have an interview

Hi guys, so I graduated in 2020 and started working in a specialty group within a BB's commercial bank. I am in a major market, but realized that the work was boring to me and I didn't feel like I was learning much. I studied math in school and so I started applying to jobs that looked more analytical/interesting to me just to see what would happen. I honestly didn't really expect to get many bites. Anyway, I now have a short interview setup with a different BB for the position mentioned in the title. Only thing is, I know literally nothing about fixed income trading, and am not super into markets (I follow the news and know about all the big things going on etc., but not much else). Does anyone have a primer or mini crash course that could give me some info so I don't sound like a complete idiot? I know they don't expect me to be an expert, but I would like to know something at least.

Also I have seen a lot of threads saying that trading is dead etc. and FI is the last place I'd wanna be. Any opinions on this?

4 Comments
 

Congrats on the interview. If I was you I would read up on the credit markets section on wsj and bloomberg. Have an opinion on the current yield environment. I would also brush up basic bond math. If you have no prior experience in FI trading I would say just learn on the fly and fake it till you make it on the desk. Also, if you are not into markets, would you like being in S&T? Good luck tho! 

 
Most Helpful

Thanks for the tips, I will brush up on bond math for sure and will try to get an understanding of current yields/rates this weekend. To answer your other question, I find markets interesting but have never really had a real reason to follow them. I didn't get exposed to finance until college and given that it wasn't my major it was never really a focus of mine. I've only now started to get more interested in markets, and so I saw this as a good opportunity. I'll try to learn as much as possible, but nothing on my resume indicated I had any experience with public markets, so I am hoping they are just looking for someone eager and ready to learn quickly.

 

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