Citi CMO or JP IB Risk

I have two offers: one from JPM's risk team and another one from Citi's Capital Markets origination. I am having a tough time choosing. I interened with JPM and I like the culture and I see there is much mobility. However, Citi is offering me a great front office role, but doesn't have much deal flow and has little transferable skills

Comments (14)

Apr 24, 2013

[x]

Aug 27, 2010

always do front office

Aug 28, 2010

IB risk is front office

Aug 28, 2010

How is risk front office?

Sep 9, 2010
quant_finance:

How is risk front office?

How do you define front office?

Comps?
they are about the same as an IB analyst, and with much less hours. Therefore probably higher hourly wage

Client facing?
They speak with client all the time!

People?
Not sure about JP, but the firm i work for, Risk is the smartest people i know.

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Sep 9, 2010
LikeToKnow:
quant_finance:

How is risk front office?

How do you define front office?

Comps?
they are about the same as an IB analyst, and with much less hours. Therefore probably higher hourly wage

Client facing?
They speak with client all the time!

People?
Not sure about JP, but the firm i work for, Risk is the smartest people i know.

risk doesnt directly generate revenue

Sep 9, 2010
LikeToKnow:
quant_finance:

How is risk front office?

How do you define front office?

Comps?
they are about the same as an IB analyst, and with much less hours. Therefore probably higher hourly wage

Client facing?
They speak with client all the time!

People?
Not sure about JP, but the firm i work for, Risk is the smartest people i know.

quite simply front office means revenue generating. IMO it's irrelevant whether risk has the smartest people - if you want to be with a revenue generating group, go with citi cmo

Aug 28, 2010

take the Citi role dude

Aug 28, 2010

This is apples to oranges. With Citi CMO, you will be an actual banker. This is not the case with JP Risk Management, though JPM does have a top notch risk management group which can lead to HF opportunities (in risk).

Aug 28, 2010

risk management is specialized. You might not want to pigeon-hole yourself. I'd go with Citi.

Aug 29, 2010

I knew people at both... I'd say go with Citi CMO... its def FO plus you get to work on actual deals... and if you get lucky you can get a role in LevFin

Sep 8, 2010

Citi CMO will be a lot more interesting and you'll see more variety, especially if you're going in as an analyst. You can also easily move to just about anywhere else in Citi for your 3rd year if you do a good job and want to move.

Sep 9, 2010

Citi. No question.

I'm talking about liquid. Rich enough to have your own jet. Rich enough not to waste time. Fifty, a hundred million dollars, buddy. A player. Or nothing.

Sep 9, 2010
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