operations

Which funds have a Portfolio Operations team? I'm not looking to move from my fund right now, but the more time I spend with PortCo operations the more that I enjoy it, but don't necessarily want to jump into a VP/C-Level role if I decided that my time at my fund was over. What funds do you know of...

01 Feb 2023

I just received some recruiting outreach from the founder of an LMM Search Fund to potentially join the team this spring as an intern. The role would be remote, and I would work closely with him, as he cited "significant mentorship" in the message and also talked about my experience being the reason...

08 Dec 2022

I was just offered a summer internship in operations at a large BB firm. I've heard bad things about operations, and the salary if I get the operations analyst job afterwards seems a bit low, so I was wondering what the career trajectory and total pay look like, and how easy it is to move to...

12 Oct 2022

Hey guys, New joiner here. Recently I have been offered two position A. Trade Support/ Trading Services Analyst at JP and B. Prime Brokerage Ops Analyst at MS Both are very nice offer and I would really like to ask some help before deciding. A bit of background I have always wanted to become a...

09 Sep 2022

Hi all. I'm looking for advice on how to network internally with FO traders and transition out of my current MO job. Context- I work at a BB in Ops where I do trade booking and client support. I've been here for 3 months out of college and have been enjoying the work so far. Its been interesting...

27 Aug 2022

We're in the process of revamping our operating procedure at my fund, and wanted to see if y'all have any BDPs on how your weekly meetings run,

19 Aug 2022

I am currently at an MBB and have an upcoming interview for a PE ops role at an UMM fund. It is the internal consulting arm that drives operational improvements like cost reductions/optimizations and revenue growth across the PortCos. The team is entirely prior consultants. The recruiter mentioned...

28 May 2022

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09 May 2022

Graduated from a non-target with my first gig being in MO at a BB. Bounced around ops for a few years. Finally getting a shot as junior trading role at a MBB. I'd like to think WSO had a hand in helping me find an opportunity like this Just had to share... Thanks !

16 Apr 2022

Hi first post and just looking for some advice/opinion since its been a bit hard to find on Google, I've been interviewing for the Deloitte Grad Program (Sydney based) and just completed my partner interview. The business line i was interviewing for was more specifically Financial Risk and...

06 Apr 2022

Does anyone have any clue on how the work is like working for these trading and risk/operations software tech providers as a consultant immediately after graduating? Like Murex, First Derivatives, Numerix etc. Couldn't find much about them online but I'm guessing they're better in work life balance...

02 Mar 2022

Hi all, I am a Quantitative Econ major at a non-target school. I have got an offer for the summer internship at GS under CWM through the Operations division. Confused for future opportunities. Want to know what other divisions at GS should I possibly look into for full-time roles that are non-IB but...

18 Feb 2022

Hello, I currently work at a law firm (non-attorney) and was approached by a large PE firm about a position in their Investor Relations department. I have a set of interviews next Monday, which will be my second round, and it was also mentioned that I will complete a case study next week. The...

12 Jan 2022

I will be a JPM CADP SA in London, a BO-MO role. I was wondering if someone could give me an overview of career and salary progression over time (Analyst-Associate-VP, etc), as most forums are FO-focused only. Many thanks in advance.

10 Nov 2021

Ahoy, looking for some advice on exit strategies from a reputable custodian. I've applied to hundreds of jobs, albeit many might that are a stretch, and have had only a handful of few interviews. 7 years of experience at the same firm coming from a non-target, 4 promotions, and currently studyin for...

10 Nov 2021

Anybody have insight or experience working here ? Just got off the phone with HR to set up an interview for an associate level role. Sounded like a client facing role in operations i.e. a floater between IB and S&T... ? "Client facing responsibility for New York Private Bank & Trust's ultra-high net...

08 Nov 2021

Hi everyone, Does anyone have interview with Bank of America recently? I will be more than happy if you can share some advices about the interview process at Bank of America. "Congratulations! After reviewing your application, we are pleased to invite you to submit a first round on demand video...

04 Nov 2021

Seeking advice. My professional background is investing (AM and now CD M&A). I love investing but believe I'm leaving potential and fulfillment on the table just being an investor. I'm passionate about people, negotiations, etc. and imagine thriving in a more hands on role in which my edge can be...

28 Oct 2021

Going to sound like a complete asshole in this post but whatever. I swear these guys are legit close to useless. Take forever to respond to the simplest of requests, a big chunk are extremely rude and half the time they'll completely screw up what you asked for despite you providing very detailed...

08 Oct 2021

Starting to see more and more PE / VC firms have full teams of operations / consultants. I wanted to start a discussion on this topic and see how you all felt about this. As a current, former, or hopeful private equity investor / associate / principal, do you like that there are entire teams...

06 Oct 2021

Hi, I came from a financial engineering background and somehow ended up in the middle/back office of an equities/options trading firm. This is the first full-time job I got after graduation but I feel like I really don't like to be at the operations team where it seems like that my work doesn't...

19 Jul 2021

I'm one month in operations and I'm falling asleep at work; it's not intellectually stimulating. I recently graduated college with a finance degree and could not find a job for the life of me. A little nepotism landed me a job as an operations analyst in NYC, but I want out. I want to become a...

26 Jun 2021

I'm looking for advice on how to jump from an operational side of banking to a more finance-related side of banking. For some background, I had been working as an analyst for the 'strategy' side of my CB. This basically meant that we keep track of key indicators (think if we had to get X$ this month...

02 Apr 2021

Although most people here are client-facing, I was wondering which groups of MO will tend to have better exposure to financial tasks that will best light up my resume for exit opportunities toward client-facing roles? To be more specific, I may have 3 potential offers: 1) a Deals Team Specialist...

28 Jan 2021

Hi everyone, I have applied to both the Operations and Risk Summer Analyst positions at Goldman Sachs, but I am having a hard time understanding their day-to-day and responsibilities. What does an Enterprise Risk Analyst do at Goldman Sachs, what skills do they utilize? What does an Operations...

24 Sep 2020

Hello, I am a recent grad from a top undergrad B school with a Finance major. Unfortunately, by the time I was deciding I wanted to pursue I-banking, I was already starting my senior year. I graduated with a somewhat mediocre 3.2 GPA. I just took an offer at a large media company on their business...

23 Aug 2020

Not a troll. I know I'm just not cut out for high finance. I don't mind working less even if it means getting paid less, but I often hear how bad back office is. There has to be at least one person happy being at the back office. So, does anyone here work in Ops and would be happy to discuss getting...

19 May 2020

I'm a senior in college and I recently received an offer at Accenture Federal as a level 11 Technology Engineer Analyst, with a career track of Client Delivery and Operations. I've been reading about this track online and have found mostly negative sentiments. I was wondering if someone could...

27 Mar 2020

Currently a second year IB analyst at a MM shop in NYC, and wondering what attractive exit opportunities there may be apart from PE/HF. Primarily interested in something strategy oriented with a high-growth company. Understand corporate development is somewhat aligned here, and in the right scenario...

27 Dec 2019

Hello guys, I am a currently a Sophomore from a complete non-target and I got an interview for Operations at Barclays at Whippany, NJ. My questions are: is this a good way for me to spend my summer? Has anyone here gone through the interview and summer internship role? I am pretty sure that the role...

28 Oct 2019

I'd like to reach out to this forum for some advice, as I am currently in a tough position as I look to enter consulting. For a few months, I have been trying to enter the management consulting industry. I went to a target public school (top 15 undergraduate business school) and started my career...

07 Dec 2018

Does anyone know how to find a comprehensive list of private equity firms that have an operations group? Or does anyone know of any besides Bain Cap, TPG, and Blackstone?

29 Aug 2018

Hey everyone. I would appreciate some insights on how to go about thinking through this... Long story short, I find myself really interested in becoming an operator and would like to pursue the path towards an operating partner role at a fund or an executive at a startup. I currently work at a...

04 Jun 2018

Hi monkeys, Was just offered an operations position on a leveraged derivatives team at KKR. Should I take this job? Currently I work in Ops for a large BD and am actively pursuing credit analyst roles and boutique IB roles. The operations work I do now is mind numbing. Is this Operations job at KKR...

15 May 2018

obviously most people here are IBD or bust, but for those of us happy making a decent living and prioritize work and family time, what are some of the better roles in the BO and MO? the only real BO/MO role i am familiar with is Trade Support so i am interested in knowing what else is out there. i...

07 Jan 2018

Hey all, new WSO member here... I have a Junior Operations Analyst interview tomorrow at a relative value/emerging markets hedge fund in Midtown NYC. What types of questions should I be expecting (this is a first round interview that I landed through a high school alumni group) , they are nearing...

10 Apr 2018

I have an upcoming interview so open to any interview tips! Is it a good role? Any advice would be appreciated!

06 Apr 2018

Searched around and could only find some threads from 5+ years ago, was curious if anyone could shed some more light on the operational improvement roles available at PE firms? Everything I was finding was indicating that some funds have full fledged operations teams, whereas others will only have...

03 Apr 2018

I'm thinking about making the switch from a small consulting firm to Fixed Income Ops (MO?) (associate level) at a top firm in their Dallas office. I realize this is uncommon, but let me explain. My current consulting gig is comfy with decent pay. My issue is that A) firm is unheard of and B) The...

29 Jun 2017

Hi all, Looking for some advice, from a strategy/front office perspective. How can I move from back office technology to a front office/strategy role? I'm trying to work on something a bit more connected to the business end of the bank. I want to earn a bit more money, but the main reason is an...

12 Jun 2017

The Truth About The Back Office Hey guys, so I know there are a few posts about the back office (i.e Operations) on this site but I just thought I'd add my 2 cents as I recently left for another job after spending 1 year in BB Ops. 1. Pay: I don't know about other banks or regions but in mine, the...

05 Jan 2017

Hi Everyone, After having spent a little over a year in corporate finance and not liking it at all, I am now searching for a new job and wanted to get people's opinion on finding a job in sales vs operations. Ideally I would like to be working for a small company, probably an early stage start up,...

14 Jan 2017

Greetings, I just accepted a position for a back office front office. I know that making this switch is a seriously daunting task, and many fail at getting it done. Does anyone have any tips or insight as to how I can make this happen? I'm willing to go to as many networking events as needed and to...

25 Jun 2016

i know what ops is at a broker dealer. but what is ops in F500 or even much smaller companies? for instance a contact of mine has recently started working in "operations" at a sexy startup in san francisco. it just seems like a kind of catch-all job title. but is there a typical description of what...

13 Sep 2016

Hello All, My name is Treadwell. I am currently an operations manager who is making a switch into the finance world. I will be starting my graduate studies at Simon Business School at the University of Rochester in the fall. I came here to start researching more about the IB field, with special...

23 May 2016

Hi, I'm 29 years old working at a tier 1 in New York in Operations. I'm seeking advice on how I should try to transition into working into the Finance department or financial department in another firm. I have a BS in Finance from a non-target, and only held odd jobs for ~5 years out of college. It...

23 Mar 2016

Which one should I take? I am studying statistics at a top tier school if that helps and am a junior. Should I do the BB ops job in Manhattan, or do the Global Intern position at Hyundai which would be partly in Korea and partly in California?

06 Mar 2016

Hey all. New to the forum. I am currently a 2016 intake applicant to several MBA programs. Looking to make a career switch into consulting from operations post MBA. My question is about recruiting opportunities at various schools. When I searched the Deloitte recruiters, it looks like S&O MBA...

23 Jan 2016

As an executive in a portfolio company, what kind of exit opportunities are there? How common is it to lateral to a private equity firm in an operations type role, and what would the compensation be (at the respective size PE firms)? Does the ease/frequency of transition depend on the size of the...

07 Jan 2016

Hi everyone, I was hired right out of college working a commercial lending operations position in the back office at a fairly large bank (EUR185B AUM). As most operations roles go, this one became very repetitive and also has minimal room for growth. I have been working the same role for the past...

20 Jul 2015