BAML Rates and Currencies Origination (GCM)

Was wondering if anyone had any information about this group - they sit in GCM and sell rates/fx hedges to corporates. I'm having a hard time finding comparable groups in different banks and was wondering what exit opps look like

 

I know Goldman has a group like this and there is a really good thread on this site about what this role entails and its progression. From what I remember, as long as you like what you're doing, and if you're good at understanding the product, progress is extraordinary. You do get pigeonholed but if you like the product, are making good money, and progressing quickly within your firm, why not stick to it?

 

Thanks so much! Do you recall the name of the group at Goldman/any details about the thread? Definitely want to take a look there

 

Maxime officia molestias incidunt dolorem voluptatibus dolores. Aut mollitia deleniti nihil ullam voluptatem. A saepe et sint molestiae aspernatur. Rem et et ut ut id est facilis. Numquam vel est beatae est omnis rerum. Quas dicta nesciunt est facere eum sit molestiae non.

Career Advancement Opportunities

March 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. (++) 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

March 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

March 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

March 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (13) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (202) $159
  • Intern/Summer Analyst (144) $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
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
DrApeman's picture
DrApeman
98.9
9
GameTheory's picture
GameTheory
98.9
10
bolo up's picture
bolo up
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...”