Market Risk at Commercial Bank VS Ops Risk at MM
I am choosing two spring part-time internships and will need to make a decision in a few days since both roles are starting soon anyway. Any feedback would be appreciated.
Offer 1: Market Risk role at a large regional commercial bank. However, it is non-traded and I'll be working mostly on liquidity stress testings (and MAYBE one interest rate risk and fx risk).
Offer 2: Operational Risk role at a well-renowned MM bank. I'll be working on operational risk management in the Commodity and Global Markets group and the day to day work involves working with data analysis and reporting across the trading desks - in addition to risk control projects.
Given that my end goal is in S&T or AM/HF, which offer should I take?
Also if it matters at all, here is my background summary.
1) 3rd year double majoring in Mathematics and Physics from target school in my country. I'm in a developed Asian country, think Japan, Singapore, HK.
2) Most recent internship is a winter gig at a commodity trading boutique, build machine learning models for price prediction (not so legit, it's a 2 ppl trading firm). Previous 2 internships at big reinsurance firms, actuarial roles.
3) No SA offer yet (messed up a few superdays, some waiting for results, some interviews still ongoing). SA hiring are delayed for some reason, even for some BBs.
4) I still have 1 chance to do off-cycle internship compulsary from school, starting spring 2021, so no SA from any BBs is not the end for me.
Thanks in advance.