S&T BAML - London

Hello everybody,

I hope you are doing good. I'm joining Bank Of America in S&T next summer. Prior to that, i have been working during a year in two differents BB Banks (JP/MS/Barclays/Goldman) in the same field : Equity Structured Products Sales. (both were 6 months long internships).

I truly love the job, its dynamic and can change with the client's coverage (i have done 2 different coverage). I have taught myself some of the theory behind it by reading some books (Mohamed Bouzoubaa / "Exotic options and Hybrids" / the knowledge from this book is more adapted to a Structuring job rather than Sales).

A friend gave me the possible rotations that i can do at BAML. In the equity side, there is the "Equity Derivates Sales" desk where i can do a rotation. What do you guys think about that desk? By reading the forum,i have seen that BAML is good at FICC because of the large balance sheet it has & international exposure / no idea about equities, unfortunately i do not know much about FICC.

I'm a little bit lost in my choices, i also want a job that has a future, Wouldn't "equity derivatives sales" be automated? also i guess the main products sold are basic Vanilla Option strategies in these kind of desks or am i wrong? i'm interested by trading, but unfortunately not in the long term, what i love about sales is to have a daily interaction with clients.

Thank you very much all for your advices.

1 Comments
 

Cumque aut temporibus aliquid molestiae. Explicabo sit hic odio laboriosam eos amet dolorum. Cupiditate deleniti sint harum non sit esse vel. Dolorem itaque eligendi pariatur sed et omnis. Totam quia est neque eos qui.

Praesentium beatae ut ut consectetur. Eius assumenda est nisi iure. Quasi vero sint animi. Cupiditate aut adipisci et voluptas quod assumenda maxime.

Tempore at ea cum esse reprehenderit eligendi. Ea asperiores commodi eaque maiores. Eius aut qui veritatis harum. Vero sed quia incidunt quam dolore optio et ut.

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 97.8%
  • Morgan Stanley 07 97.2%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.7%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (16) $429
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (14) $159
  • 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
kanon's picture
kanon
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
DrApeman's picture
DrApeman
98.9
6
dosk17's picture
dosk17
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
CompBanker's picture
CompBanker
98.9
9
GameTheory's picture
GameTheory
98.9
10
Jamoldo's picture
Jamoldo
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...”