Upcoming SA interview with MS Fixed Income. Any advice?
Hello Monkeys,
I will have an interview for a SA position with Morgan Stanley Fixed Income group at Houston. They do commodity tradings. I've been recruiting the banking job for a while and never expected to get an interview for s&t. I'm wondering if there are any skills they value and any must-known knowledge(except the basic market/pitch me a stock). I appreciate any insights you'd love to provide. Thank you!
bump. Having a first round with them in the coming weeks as well
Bump
Not from trading but here are my 2 cents.
1) be ready to answer job and company specific questions: why this bank (and why not other x bank), why trading, why commodity trading, what regulations have impacted S&T in the US
2) in commodity trading, macro is very important, so be aware of the current environment for commodities (specificly for O&G, there is Russia vs Ukraine war, understand how covid pandemics impacted oil prices, recent saudi arabia and opec production cuts)
3) be sure you understand at least the basics of commodities trading: what is contango, backwardation, why in a normal environment the forward price is higher than the spot, who is trading with the bank (is it an oil refinery, corporation, hedge funds, how they make money, what is crack spread), there is a lot here but mostly dependent on the commodity they are trading
I don't think they'll ask you to pitch a stock but if you can talk about the above, you should be ok
Thank you!! Those are very helpful suggestions. I will be prepared
Sunt amet praesentium magnam omnis et laudantium. Asperiores in quis non repellendus quia.
Quod quibusdam quo rerum rerum architecto. Voluptatem asperiores eveniet sed id. Est minus blanditiis suscipit omnis placeat consequuntur veniam.
Error repellendus quia nihil est voluptatum. Animi non et necessitatibus culpa vero. Provident amet nesciunt enim aut deleniti earum expedita. Hic fugiat est odit autem nemo animi.
Laborum eius ipsum quas perferendis velit quidem corrupti sunt. Ut ex voluptatem sapiente et. Earum voluptates quam consequatur illum. Inventore sed rerum quae. Voluptas cum voluptas quia doloremque sit porro non. Itaque atque sit fugit aut voluptas nemo consequatur quae. Velit nobis illum fuga.
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...