Treasury?

hey all - anyone here in (or have done a stint in) treasury?

i am curious as to the day-to-day, potential for upward mobility and overall job satisfaction (stress, work/life, pay, etc.).

i'm sure we have a handful of people here that have done it or have experience with it - so i look forward to your insight!

 
Best Response

Did my internship in Treasury and IR for a FT treasury analyst who was there before me got to do some cool stuff as well, like participating in the road show to raise debt for the company. He said he got to fly in private jets and shit.. Really baller stuff. He also did special projects like setting up armored car service to pick up cash from our stores (resulting in more liquidity for the company-he completely spearheaded that project). He left treasury for FP&A (internal promotion from analyst-> manager) when the cool stuff in treasury kinda wrapped up.

Bottom line- Treasury can be really cool, and it can be boring as hell. It depends on your role and the company and how much the IR team is blended with treasury. Treasury teams are pretty lean, so its a good role when you are doing analysis and can put your name on important projects and get promoted to different areas. The team is lean though, so there isn't a lot of upward mobility if you remain in treasury.

 

CFA vs FRM - depends on what path you want to pursue, but CFA probably keeps the options broader while FRM is more focused. I would suggest continuing getting up to speed on Basel III/IV and look at some of the LCR filings of your bank and its peers to get a sense of the reporting and metrics. Look over annual/interim financials and get a handle on all of the public figures and how management discusses them.

 

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