Desk´s typical composition

Hi everybody.

I´d like to know what´s the typical desk composition on average. I mean, how many senior traders, junior traders, etc does a desk usually have? Does it vary depending on which products the desk trades?

Thanks

 

what is a "desk"? I've worked at an institutional broker where basically everyone was a mid-40's (skill-less) sales person, and a quantitative hedge fund where everyone was an aggressive, young computer programmer (like me, although at 25, I'm getting up there). So, my question of what a "desk" means is actually meaningful, and not a dickish way of dodging the question. It totally depends on firm/culture/location, etc.

 

There is no one blueprint, it can completely vary. It doesn't really depend on product.

Jack: They’re all former investment bankers who were laid off from that economic crisis that Nancy Pelosi caused. They have zero real world skills, but God they work hard. -30 Rock
 
Best Response

Let me explain my situation. I live in a major emerging markets country (Think Brazil, Russia, India, China) and was offered a Trainee position at a US BB (but here in my home country). I will stay one year doing 4 rotations before joining the trading desk I was choosen to work with (you know this info beforehand at the time you´re accepted in the Trainee programm).

I'm a bit worried because there´s already 2 juniors on the desk, There´s a total of 4 senior traders (The Head traders + 3 other senior traders). Wouldnt 3 junior traders be a bit too much? (That is the true reason behind the question of this thread). Im worried I might not get a full-time offer after the end of the Trainee program, even if my performance is good, because the desk is already full of juniors.

Thanks again!

 

Enim voluptatem consequatur nesciunt id et. Eius sint sed quia dolorem. Doloribus aspernatur dicta officiis.

Quia quisquam laudantium sed eos magnam rerum repellendus. Et ut quo ipsa et magni est amet.

Jack: They’re all former investment bankers who were laid off from that economic crisis that Nancy Pelosi caused. They have zero real world skills, but God they work hard. -30 Rock

Career Advancement Opportunities

April 2024 Investment Banking

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

Overall Employee Satisfaction

April 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

April 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

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
kanon's picture
kanon
98.9
6
dosk17's picture
dosk17
98.9
7
CompBanker's picture
CompBanker
98.9
8
GameTheory's picture
GameTheory
98.9
9
bolo up's picture
bolo up
98.8
10
DrApeman's picture
DrApeman
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...”