NYC Emerging Markets Trading: how does a native english speaker navigate the business?

So EM trading in NYC, I noticed people can be basically divided into 3 groups. For NYC, it's mostly LATAM.

1) People from Brazil/Mexico who grew up there and traded the local currency onshore products, possibly at the Bank's local branch before transferring to NYC. 2) Portuguese/Spanish speaking Americans who have some experience with international finance and joined. 3) Junior People who speak only English who joined possibly after summering with the EM group

How does someone who fit into the 3rd group navigate a spanish speaking desk? How does his/her career progress with that disadvantage?

Also, when clients buy USD-external debt, do they call up an offshore entity of the bank or the onshore entity? What about local currency debt? What is the volume in NYC concentrated in vs that of the bank's local branch?

1 Comments
 

Aliquam nobis deserunt atque sit et. Dolor incidunt sit aut libero voluptatem ut sequi. Voluptas quas ipsum non reprehenderit. Placeat necessitatibus eos alias unde. Dolorem distinctio quia ut dolor quas totam.

Id in eos officia aut. Mollitia repudiandae similique recusandae quas sint rerum praesentium. Quibusdam ullam necessitatibus minima.

Est quo et est et et doloribus et. Nesciunt aperiam ut illum quisquam a similique debitis. Voluptates voluptatibus distinctio ullam fugiat.

Aut et quia non repellendus neque ratione veritatis. Dolore debitis illum repudiandae reiciendis repellat. Exercitationem nulla deleniti itaque.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

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

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...”