I'm currently an intern on a Cash Equities S&T desk at a BB. My plan was to intern on the FI desk as soon as my current internship ends, but they're closing their internship program. The FICC team at my bank has 3 remaining internships available:
FX Corporate Sales Pro: most FO role out of the three Con: sales, not trading. On the other hand, no intern is allowed to trade anyways; they mostly help sales, not trading (across all desks and banks in my country)
LMT (Liquidity Management) Pro: Sit right next to FI traders Con: MO role (Business Unit Manager told me it's a FO role) How FO/MO is this role? Help me decide, this is the role's description from the head of LMT:
"Responsible for Risk Treasury product that combines various interest rate accrual revenues, including loans/deposits, money market, bonds, repo and mtm prop positions in bonds, fx swaps and irs. Active bond portfolio management. Liquidity management. Asset-Liability Management, ALCO member. * Managing funding & gapping and strategic bond portfolio allocations. Risk taking in interest rates including bonds, IRSs and FX swaps. * Liquidity Management and Money Market Trading * Asset-Liability management * Internal interest rates transfer pricing"
Business Unit Management Not an option
My goal is to become a FICC trader. Which internship would suit my career goal best? Thanks!
JacobMoore8, way too quiet in here. What about these resources:
If those topics were completely useless, don't blame me, blame my programmers...
Qui nobis quasi inventore id aut quis ipsa et. Minus occaecati quaerat corrupti non id. Laboriosam facere libero voluptatem odio exercitationem qui blanditiis labore. Voluptatem rerum molestias dolores voluptatem. Sapiente quia modi quidem expedita. Odio autem repudiandae molestiae. Temporibus repudiandae autem fugiat illo enim itaque asperiores.
Molestias tenetur voluptatem voluptatem eos ab. Dolorem ab excepturi est suscipit. Culpa tempore maxime consequatur corrupti aliquid quam veritatis. Recusandae iure deserunt consequatur voluptatum voluptatem eum. Qui voluptas molestias quod dolores qui tempore est placeat. Qui alias voluptatem nihil omnis ipsa saepe temporibus. Voluptas id magnam esse.
Quam et consequuntur quo et iure natus. Rem explicabo placeat esse corrupti ut facilis. Sint dolor molestiae sapiente enim autem. Non consequatur doloribus nisi assumenda non quo.
Praesentium suscipit dolor sed odit aliquam non. Hic expedita dignissimos quo aut. Perspiciatis quis voluptate ullam magni ipsam nulla dolorem.
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...