Zero development

Is feeling like you're not developing typical on a desk early in your career?

I'm on year 2 on a FI S&T desk and I feel like I have completely hit a brick wall. I like the role and the product that we trade, but I am seriously struggling on my desk as a whole. It feels like our senior trader really has no interest in a junior being trained up to help the PnL. I have been made to do anything and everything in terms of menial tasks, my pay is well below market rate, and majority of the desk is WFH majority of the time. 

They want me on the phones and IB setting up new client relationships, but if I get a new account, I am accosted because somehow I have to have my hand held and ask for permission for every account. But even if I go to ask, I am brushed off and not even given an answer. I have yet to do a trade, and met people who are already doing trades with traders on my desk who have started their careers months after I got licensed. 

I don't know if any of this is normal or if I am in some sort of crazy toxic environment where I am never going to develop into a successful sales trader. 

0 Comments

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%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.3%
  • BMO Capital Markets 12 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 No 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 (79) $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
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
DrApeman's picture
DrApeman
98.9
6
GameTheory's picture
GameTheory
98.9
7
dosk17's picture
dosk17
98.9
8
CompBanker's picture
CompBanker
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Mimbs's picture
Mimbs
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...”