Choice between HSBC & BNP Paribas (not IB)
I have 6 years exp in (non-investment) banking, the last few of which were in ALM/Treasury roles overseas. I've been told by both HSBC & BNP Paribas to expect an offer soon, and expect the salary to be the same. I'm honestly torn. I need a tiebreaker.
The HSBC position is as a "Manager", although I won't actually manage people. Internally it's a "band 5" position which typically does have a team to manage, and the promotion would be to "Senior Manager". The job is "ALM Operations", basically helping them offshore work from Vancouver to India and requires some specialized ALM and data processing skills, which I have. I know for a fact that they really want me and that the area's director would want to promote me within a year or two.
The BNPP position is described variously as a "Senior Analyst" or "AVP", which is a little confusing since both titles bracket the non-existent "Associate" role. The role is as a P&L controller supporting their ALM & treasury operations, in a larger team that is being partly nearshored from New York to Montreal. The work would teach me better programming skills and make me more familiar with the details of financial instruments. They say I would have a reasonable shot at becoming the team leader if the nearshoring program is successful.
I qualified for the CFA charter last year, and I'm working on the PRM, and I'm pretty enthusiastic about continuing in risk management / alm / treasury.
I'd appreciate any comments about either differences between the banks or the roles that might help me make up my mind.
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