F&PA job on the trade floor

Hello all,

I've been working for a fortune 5 oil company for the past 17 months or so (started right out of college). I have worked in Treasury the entire time as a commercial credit analyst, supporting our NGL commercial group. I will soon start an F&PA Fuel Oil Analyst role on the trade floor in a few weeks. I will basically be doing PnL and Risk related projects for the Fuel Oil & Bunker trade group. I am excited about the opportunity but I am not completely content.

I have just cleared CFA level 1 and have signed up for level 2 in June. Also, I plan on starting my MBA in 2014. I've always wanted to do IBD but now the course my career is taking I am reconsidering some of this. There are some very interesting roles on the trade floor that I am very interested in, market analysis being one of them.

I guess my question is what exits opps do you all think I can possibly have, both, pre-MBA and post-MBA?

Hedge Funds seem interesting but I am also very interested in Corp Development but I don't think staying in the Commercial organization will be too helpful in getting to Corp Dev...any thoughts on this?

Any insight is appreciated....thanks.

pacman

 
Best Response

that right there is a top notch role. It sounds like you are the research arm of the trading floor correct? The great thing about dedicated research on any trading desk is the work you are doing is directly focused on profit and generating revenue. Plain and simple. Juxtapose that with sellside research where there is a heavy bias / political sway (trying to maintain banking relationships without stepping on some c level exec's toes by downgrading his stock) and the difference is night and day in terms of valuable experience.

Not sure exactly what types of roles this would set you up for if you are looking for a buyside jump (obviously energy/ oil focused) but you are going to get a first class education while getting paid. Fuck IBD, kill it for a couple years and jump to an elite energy shop like Glencore. Tremendous upside potential.

Here's the thing. If you can't spot the sucker in the first half hour at the table, you are the sucker.
 

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Here's the thing. If you can't spot the sucker in the first half hour at the table, you are the sucker.

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