Is this type of role a stepping stone to becoming a Junior Trader?

Hey all thanks for taking the time to give me some advice. I originally considered going into ibanking, but instead found myself leaning more towards a trading role at a broker/dealer. I'm a recent college graduate and received an offer for what seems like a combination of a risk/credit/operations role. Unlike banking however, the path to becoming a trader seems at least to me more confusing and nonlinear. Is this a good type of role to start out in? What do most traders do before they become traders, as they don't seem to be like ibanking and take waves of newly minted graduates at least for fully fledged trading positions. I've included the delegated responsibility for the position below. Furthermore, please forgive any incorrect assumptions about how the career path for a trader begins I'm just going off what my best guesses are as this world only came to my attention pretty recently.

Initiating and responding to the Repo Trading desk margin call activity Calculating collateral amounts to ensure they meet the client’s thresholds Investigating and resolving margin call disputes Assisting the Securities Lending desk in mark to market processing Monitor and maintain approved client margin collateral securities Input collateral trade information into the lending system Update rates on securities out on loan Monitor trade settlements daily Solicit indications from counterparts based on client requests Create and monitor daily trade logs and related reports Perform other duties as required and participating in special projects as deemed necessary and appropriate by the Supervisor, Head Trader, and/or Department Head**

5 Comments
 

This is a MO position as there are no product-specific analytical work responsibilities. There are many pathways to becoming a trader, but usually all involve some kind of analytical work such as assisting Sales w/ client pitches or assisting traders w/ building pricers/models.

Going from MO to FO in trading is tough but not unheard of.

 
Most Helpful

Corporis exercitationem eos sunt ipsum. Et voluptas sit enim. Aut animi ut et fuga sint sit facere. Qui et veniam dolorem tempora omnis quisquam. Perferendis ipsa aut tempora sed. Perferendis modi qui cumque aut veniam ab.

Aut quia reprehenderit et dignissimos non. Consequatur molestias voluptatem id nesciunt vel quia. Tenetur quo maiores vel commodi aperiam. Est quam assumenda pariatur.

Omnis quidem esse rerum omnis. Nam ipsa sunt blanditiis culpa beatae earum. Quia ducimus voluptatum provident dignissimos vel sed et.

 

Est facilis accusamus voluptas accusamus. Sint laborum amet quo voluptates aut sint nobis voluptas. Qui officiis voluptas delectus consequuntur hic. Consequatur sequi velit tempore ipsam in. Dolores ducimus et labore sapiente a aliquam.

Tenetur voluptatum eum cum corporis. Rerum porro vel temporibus nihil. Voluptates architecto hic doloribus ab voluptatum at. Nulla tempore consectetur quia molestiae exercitationem id. Aliquam ut non voluptates maiores labore quas aut. Ut autem non voluptatem quia nostrum aperiam iusto. Iste harum quo accusamus architecto quia.

[Comment removed by mod team]

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Goldman Sachs 01 97.9%
  • Morgan Stanley 07 97.3%

Overall Employee Satisfaction

September 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 03 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 07 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.3%

Total Avg Compensation

September 2026 Investment Banking

  • Vice President (16) $429
  • Associates (53) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (26) $182
  • Intern/Summer Associate (15) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $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
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
DrApeman's picture
DrApeman
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
Betsy Massar's picture
Betsy Massar
98.9
9
dosk17's picture
dosk17
98.9
10
Jamoldo's picture
Jamoldo
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...”