Move from HSBC to Investment Bank S&T?

Hello everyone,

This is my first post, I have just received an SA offer from HSBC NY - Global Transaction Banking and the followings are the groups I will be rotating with.

they came to our school for a presentation and I was really interested coz its a front office at HSBC and I get to work with their corporate clients all over the world. (the pays are good too)

Sales Group
This is your chance to get first hand experience of working with HSBC's clients. You will learn to understand a client's needs and work across the businesses in Transaction Banking to structure solutions to meet their requirements. You need the ability to build strong, long-term relationships with clients and develop your understanding of the market your client is operating in.

Client Group
This is where the deals won by the Sales team move into action. From the minute a deal is won, the Client Delivery teams take over, managing the implementation and day-to-day processing. Working in Client Delivery, you will see how things work on the ground with the client. You will see how a solution is implemented with the client, how we work with clients on the application of solutions and how we advise clients on how to optimize their business practices.

Product Group
Manage and develop the products that GTB sells to our clients across the three product areas of Cash Management, Trade Financing and Securities and Fund Services. You will develop detailed knowledge of the products and work on projects to analyze business opportunities and associated financial impact. For example: analyze revenue streams and the wallet-size of a particular market to aid in the implementation of new products.

However my goal was to work for the top 5 Investment banks (JP GS MS Citi BOML).. I was wondering if theres anyway I can translate my experiences at HSBC to a S&T job at one of those banks..

Any advice would be appreciated. Thank you.

Kevin

 

Quo alias vel quo sequi nesciunt. Sit velit veniam qui necessitatibus cumque illo. Ut accusamus molestiae a neque consequuntur id vitae. Magnam error voluptatem maiores porro molestiae. Sed odit occaecati sunt sed.

Et nulla maiores accusantium magni facere praesentium et. Omnis amet possimus reiciendis sit sed optio.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 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

April 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

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (145) $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
Betsy Massar's picture
Betsy Massar
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
GameTheory's picture
GameTheory
98.9
6
dosk17's picture
dosk17
98.9
7
kanon's picture
kanon
98.9
8
CompBanker's picture
CompBanker
98.9
9
numi's picture
numi
98.8
10
DrApeman's picture
DrApeman
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...”