Coverage Relationship Management vs IB

Subscribe

Hi Everyone,

Interested to learn more about this area of business and its relation to investment banking. The only firms that I see that have these divisions are Societe Generale and HSBC. Both of the descriptions are quite vague and I am not sure of the technical aspects of the job. IE For HSBC's Graduate Analyst Program in Global Banking, candidates have the option of Investment Banking or Coverage Relationship Management.

Is this a front or middle office position? It sounds like it's a relationship manager position. Does anyone know what a typical day would be like for an Analyst in this area?

Thanks

Comments (6)

 
Nov 17, 2016 - 4:45pm

Thanks, that does help!

So obviously the sole responsibility is relationship management and really - knowing your client from the top-down. It sounds like a role where what you put in is what you get out. Do you think this will translate to reasonable exit opportunities given the network you have created and relationships you have made? So i'm guessing investment banking would appreciate this as it could potentially mean more deal flow?

I noticed one person interned in this position (coverage relationship management) and is now working at a MM IB as an Analyst, so I do think it is possible.

 
Apr 30, 2019 - 5:29pm

Hi, I know this is a pretty dated thread, but do you know at all how hard it was going from CRM to IB?

I'm going to start my CRM internship this summer at a bank, and am hoping for a return offer for full time, but would like to move into something more along the lines of IB or Investment Management early in my career. Do you have any advice for doing so?

Thank you!

 
Sep 16, 2020 - 9:52pm
Start Discussion

Popular Content See all

Laughed at —> Top BB
+62IBby Prospective Monkey in Investment Banking - Mergers and Acquisitions">Prospect in IB-M&A
Dating in nyc as a 5’8” guy
+32OFFby 2nd Year Analyst in Investment Banking - Industry/Coverage">Analyst 2 in IB - Ind
Quit IB after a month
+30IBby 1st Year Analyst in Investment Banking - Industry/Coverage">Analyst 1 in IB - Ind
Quit Blaming Diversity Programs/Racism for you sucking...
+22IBby Incoming Analyst in Investment Banking - DCM">Incoming Analyst in IB - DCM

Total Avg Compensation

October 2020 Investment Banking

  • Director/MD (17) $704
  • Vice President (46) $325
  • Associates (259) $228
  • 3rd+ Year Analyst (37) $203
  • 2nd Year Analyst (145) $159
  • Intern/Summer Associate (136) $141
  • 1st Year Analyst (569) $129
  • Intern/Summer Analyst (549) $82

Leaderboard See all

1
LonLonMilk's picture
LonLonMilk
98.3
2
Jamoldo's picture
Jamoldo
98.3
3
Secyh62's picture
Secyh62
98.2
4
CompBanker's picture
CompBanker
97.8
5
redever's picture
redever
97.7
6
Edifice's picture
Edifice
97.6
7
Addinator's picture
Addinator
97.6
8
NuckFuts's picture
NuckFuts
97.5
9
frgna's picture
frgna
97.5
10
bolo up's picture
bolo up
97.4