I have a friend from Colombia/Chile/Ecuador/Peru who wants to get into finance (S&T or banking).
He is an international student who went to a US top 50 state university that has some OCR. However, he is a 2.0 math major with somewhat irrelevant experience (property management/ retail real estate/ retail mortgage). Though previously irresponsible, he is quite bright and has really shown discipline in his life recently.
His family and mine have moderate political and business connections in one of the aforementioned countries, but not necessarily within investment banks (tho looking into this more right now).
Any recommendations as to how to progress into ibanking in Latin America. Do you have to recruit here in the US and get placed in an office down there? Or do you have to compete with the the graduates from over there? Do you have to recruit over there? What type of students get placed Latin American offices? Would it help to go to a prestigious university there (his family knows some deans and presidents)? Is there an OCR system like here, but for say Chilean universities?
My bank doesn't really have a presence in Latin America or else I would also be asking around the office.
Thank you very much for your help.