First Post -- Help if you can

Hey everyone,

I've been a WSO observer for quite some time now and finally decided to take the plunge and join. I really hope you guys can help me out with this maybe shed some insight into this job posting I've come across. I'm trying to make the jump into S&T and its incredibly frustrating to find an "entry level", "ground floor" role that provides actual room for growth and isn't just an admin job or ops job in disguise lol. Any help insight would be necessary. The job is with a global bank, not sure if it would be considered a BB but the description is:

Sales Assistant:

Description

• Work directly with EM/Latam Local Markets sales force, handling various products including bonds, CDS, swaps and fx.

• Extensive contact with clients trading desks, operations and settlement areas.

•Input trades via relevant trade capture systems including Bloomberg, OMR, Murex.

• Complete verbal confirmation of trades with client on trade date. Investigate and resolve any discrepancy with trader and/or client.

•Receive trade allocations from client and record breakdown

•Investigate and resolve sales credit discrepancies and adjust sales credits based on corresponding schedule.

•Provide client pricing (daily, monthly, and quarterly) as requested.

•Aid in resolution of trade fails.

•Investigate and resolve all DK's relating to settlement of securities.

•Manage new client account process from start to finish.

•Extensive interaction with legal and compliance and operations.

•Assist in coordination and scheduling of investor trips and road shows.

•Ad hoc projects as needed.

•Bachelor’s degree required (Finance or Business preferred)

•Series 11 and Series 63 required for junior sales assistant

•Series 7 and Series 63 required for senior sales assistant

•Knowledge of Foreign Bonds, FX and CDS trades preferred

•Detail oriented

Self starter with strong organizational and communication skills

•Ability to keep focused in a noisy environment

•Ability to handle multiple requests in a timely manner.

•Strong problem solving skills.

If anyone can shed any insight I would be really grateful. Thank you guys ! So pumped to finally be on here !

 
Cruncharoo:
Flake:
This is an "ops job in disguise".

not even in disguise, it sales sales assistant right in the description

I wanted to use his own terminology. This way he doesn't get confused.

Under my tutelage, you will grow from boys to men. From men into gladiators. And from gladiators into SWANSONS.
 

Quia dicta sunt quod ipsam. Qui tenetur delectus voluptatum natus numquam autem ut. Ea nisi repudiandae minus magnam. Voluptas atque et similique. Atque quo eligendi id sit. Nesciunt earum explicabo qui odio nemo. Officia atque deserunt saepe amet itaque.

Quidem pariatur laboriosam et optio. Natus qui animi aliquid. Voluptas id enim distinctio ex illum. Itaque explicabo perspiciatis molestiae necessitatibus ea sed sequi voluptates.

Possimus nisi nostrum magni nam sit facere. Eum porro qui tempore ullam exercitationem fugiat impedit. Sequi earum officiis voluptatem quas quaerat aut nemo.

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...”