Hi team,
This is my first time posting here. I’m hoping someone can offer some guidance please.
I am 23 years old, from New Zealand, and have recently moved to London to pursue a career in Sales and Trading.
I graduated in 2021 from a New Zealand university majoring in Finance and achieved an 8.04/9.00 GPA. For reference, my GPA would've been in the top 5% of Finance graduates (I know UK and US grading systems are very different).
Graduate opportunities in S&T are limited in New Zealand, so I became a Wealth Management Analyst as it was the closest role to markets that I could find.
I spent 2.5 years in that position to build up some industry knowledge, and have now relocated to London as there are far more opportunities in S&T than in NZ. My dream is to be on a Rates Desk.
However, I’m struggling to get my foot in the door - junior roles are reserved for graduates, which are reserved for interns... so I’m not sure how to break in without having to start again as an intern (though I am still quite young, so it wouldn’t be the end of the world).
I am confident in my ability to impress someone with my knowledge if I can secure an interview, but since I have just moved here, I do not have an established network and am unsure how to get my CV to the right people.
Perhaps it was naive, but I did not realise it would be this difficult. I think I have a strong CV with plenty of extracurricular activities – University tutor, active charity engagement, New Zealand athlete, and strong academic grades.
Has anyone here accomplished something similar (i.e., switched divisions not internally)? If so, I would greatly appreciate any advice or guidance.
Thank you
Based on the most helpful WSO content, here are some insights and advice for your situation:
Networking:
Internal Mobility:
Enhancing Your Profile:
Persistence and Patience:
Veteran Programs:
By following these steps and leveraging your existing skills and experiences, you can increase your chances of successfully transitioning into a Sales and Trading role in London. Good luck!
Sources: JP Morgan intern switching divisions, Going from IB to ECM or DCM? Anyone made this move?, Move from one group to another (as an analyst) within IBD? P&U -> Consumer/Retail, How did you transition from an analyst/support role to a sourcing/production role?, How To Pull Off An Internal Transfer
Have you considered exploring going down masters route?
Bump
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