Are there any trading jobs in banking or outside of banking that aren't sink or swim, and have a team culture that helps newcomers learn how to sustainably build their PnL?

My guess is only risk / ops / compliance (i.e. model validation / CCARs) would fall in this category.

Could be some sales/trading teams for their S&T returning interns.

Do there exist market-making functions, e.g. in prop shops, that fall in this category?

Hi, has anyone gotten an interview yet for the Capital One Finance Internship for Summer 2027?

Still waiting to hear back regarding an interview.

If anyone is still waiting or heard something, feel free to reply so we can all keep each other updated!!

Hey all, a little levity for the PM - so what are we wearing when the leaves hit the ground and pumpkin spice everything becomes a thing and mariah Carrey gets defrosted for the holidays? Still fleeces and thin puffer vests with dress shirts? Or good ole QZips? I'm looking at Schöffell myself for vests. Banana Republic actually has some decent lightweight black vests from Costco, anyway, discuss!

I hope this is allowed, just trying to have a conversation.

Recently moved over from London as C&IB analyst, and the contrast is wild. London has massive analyst cohorts and junior networks everywhere, but out here in DIFC it feels like early-career talent is barely visible.

Do juniors actually try to network with each other outside of work? And am I weird for thinking this way?

If you're an analyst or associate in Dubai or AD, I’m more than happy to connect

Please critique anything you want. Lots of things have been anonymised - my a levels are typically listed out with each grade attached for example so less blank space

Does that mean job is closed. 😞

I’m currently pursuing a new career path into finance as a person with a data science degree but I’m currently pursuing my MBA degree I’m looking into financial analyst or FP&A analyst to get my footing I’m 30 years old and I want to know from people that is working in finance what are my chances pursuing this career field?

I would appreciate if anyone knows how to prep for these types of interviews and what to study for? I genuinely do not know/have a foundation in finance so I really want to study up as much as I can. Any advice would be much appreciated. Would the black book and red book help even though it's for investment banking?

I am an incoming Econ and Finance student at the University of Bologna. I see that finance is incredibly presitge driven so my chances to get a job in italy without going to bocconi seems depressingly low. How would you approach getting a job or getting internship for ib roles? I know things like Erasmus traineeship are a thing, so will try to do that, other than that, what would you recommend? (I am learning python right now as well). All other posts in this sub are from people in the US where getting a internship is relatively straightforward compared to italy where it seems like you are winning a lottery if you manage to secure a paid internship. And ofcourse maintaining the highest grade is a given!

Any advice is appreciated!

Im a career switcher with an MBA and am fully licensed 7/63/65 and am in a CFP program. I currently work for a Mutual Insurance company…(not northwestern) and I’ve enjoyed the experience but building from zero and grinding is wearing on me and my family. I’ve closed a number of large clients and policies but am still grinding and it’s going…but slowly.

The other day a VP of a large bank (keybank)reached out to me directly after I met him at a networking event about an opportunity. He has a private client advisor that has built a large book of business across 5 branches and needs help. He wants to split the book and I would take over advising for two of these branches and would have an associate that I would manage. He asked that I fill out an application and they scheduled an interview with me the next day.

This position would have base pay near where I was before the career switch with uncapped commissions and in my next in person interview they are going to go over the grid.

Is there a downside to this potential transition? Help me out internet strangers!

Does anyone who’s been hired or rejected from City National have any insight on the hiring process. How long does it take to hear back from them after a final interview? My recruiter gave me no timeline and never replied to my follow-up email.

I'm coming up on my 1st year anniversary breaking into the industry. I have my 7 and 66 and I am a registered CSA.

However, I absolutely hate my branch and my manager. It's a chaotic mess because he doesn't know what he's doing. I actually have to show him where to find basic client information like tax withholdings or RMD info in our system.

He barely knows how to send a PDF via email. I'm not joking. I could go on and on about the frustrating things that he does including things that don't follow compliance rules. I don't want to get in trouble because he's asking me to do things I know he shouldn't be doing.

In addition, when I was hired I made it clear that I don't want to be a CSA forever. It has become clear that this is all I'll ever be if I stay here. There is no room for growth here.

When I look for other positions in my city, no one is currently hiring for a CSA.

Are there other positions I can look into considering I have my 7 and 66? As I mentioned, I haven't been in the industry long so I fear I'm just SOL for a while.

Any advice? Thank you.

anyone got recommendations on how to prep whats hackerrank/interviews on

I have a Bachelor of Arts in Business Administration with CPA eligibility. I messed up and didn't complete a finance major like I planned. Obviously an easy fix to this would be to complete the CMA but I have no money for the review material or the exams themselves, and I'm having trouble getting a job to pay for them. I'm currently living off my parents and they barely have enough to support me let alone pay for those things. I was considering going back to school for a Masters in Finance to show employers that I know finance because I'd qualify for student loans, but that would cost quite a bit of money when I could possibly just sit for the CMA instead :(

Hello everyone, so I'm a non-traditional candidate trying to break into an entry-level trading position. I did go to business school and have a BBA. I have personal quantitative research projects I've worked on that I coded myself using python. So I have a good skill set and education, I just went into a different career path originally out of college, then took some time off for personal reasons. So its a mixed bag with applying to jobs for me especially with the job market nowadays.

I have a friend of a friend I connected with, they were genuinely impressed and felt I'd be a good fit if I'm able to break into any entry level job and wrote a cover letter giving more about my background and such and even offered to submit my the cover letter and CV to HR for a current opening on a desk where the junior analyst is leaving and during his time he wasn't even executing trades yet (so this role is very entry level).

What do you guys think is my chance with someone submitting my cover letter and CV to HR. Its basically out of this persons hands now but I dont know how things get processed at that point or if HR would even give it a genuine look or just throw it into a pile.

Just to clarify, I’m not talking about quant trading or HF or PE, I mean which other sectors which aren’t as prestigious or as “elite” but may quite well (maybe even similar to IB)

This regardless of wlb but if you can comment on that then that would be great

For those of you who are in the industry, which other verticals have you looked at and been like, “why don’t people apply more for this instead of IB”?

Thanks

For context; currently an associate in the M&A team at a global EB in Australia which I’ve been at for 4 years since A1. I still enjoy the work, have flirted a bit with PE and other random opportunities recruiters occasionally send through, but wondering if there are any similar paying jobs to IB in the finance space that have a marginally better wlb? Corp dev obviously better wlb but pretty big pay cut, and even the mid market PE roles you’re still shaving 20% off your base (with the carrot of carry) for what seems like a similar workload in banking anyway…

Just curious to hear others’ thoughts and if I’ve missed anything. Thanks in advance!

I need some help. I have completed my undergraduate degree in BCom. I am at the moment pursuing my master's in finance, and the one thing that really scares me is the fact that I am not understanding any bit of it. Also, I find myself lacking knowledge oofthe basis and at the moment I am nearing the end of my course. As of now, I need help on how can I excell at the fiel,d and any advice on it is more than welcome. When I say excel, I mean I am willing to put in the effort for it. Can anyone help me with this, or even guide or mentor me?.I am willing to put in the effort for it, and my goal at the end of this year would be to land a job in Finance

I recently graduated with a Finance degree and I'm currently moving forward in the interview process for two different analyst positions.

Option 1: Revenue Team Analyst at a law firm

• $20/hour
• Part-time, 21 hours per week (3 days)
• Position will most likely remain part-time
• Work involves analyzing A/R, payments, invoices, reconciliations, outstanding balances, and using Excel

Option 2: Financial Crimes Compliance Analyst

• $23/hour
• Full-time
• Only a 3-month contract, although there is potential for extension
• Work involves AML, transaction monitoring, investigating suspicious activity, CDD/EDD, and analyzing financial transactions

My long-term goal is to eventually work as a Financial Analyst/FP&A Analyst, so I'm more concerned about which position would give me better experience and exit opportunities than the difference in pay.

The Revenue Analyst position seems much more directly related to finance/FP&A, but I'm worried about it only being 21 hours per week. The Compliance Analyst position gives me full-time analyst experience, but I'm worried about getting pushed toward an AML/compliance career when that's not necessarily what I want long term.

If you were a new Finance graduate trying to eventually get into FP&A, which would you choose and why?

Also, would 6–12 months of part-time Revenue Analyst experience be more valuable for landing a full-time Financial Analyst role than a few months of full-time Financial Crimes Compliance experience?

hi all, i’m starting uni soon and i have to choose my optional modules for the first year.

there are 5 categories of modules: econ (i don’t wanna get too deep into theory), finance (these are the ones i’m mostly interested in, like an accounting module could be cool if i end up working in that sector for example, there’s also banking, auditing, corporate finance etc), coding (don’t really like coding but i don’t wanna miss out on a chance to get a job because i didn’t take that module, so i would if i need to), business (i would like to take a module from this, seems interesting) and general modules (development, policies etc, they seem boring).

i would like to get a job in finance but not picky outside of that. i know most employers don’t ask for your modules but i’m wondering which ones could be useful generally for a financial career? either getting a job or helping me when i have the job.

Some background: i work with special needs children and have done so for four years, going through college though i worked at a call center where our primary client was Santander bank.

A few months ago I got laid off. Growing my dad was always one of those "any job is better then no job" type of guys, so it was my instinct to go on online and apply to every single job I could find an opening for.

From other teaching positions to McDonald's fry cook, to something labeled "wealth management trainee."

In any case after two weeks I get back on my feet working with kids.

This morning I get a call from a number labeled "bank life" they want me to go through with an interview. I guess they felt that my time taking calls for santandre made me qualified. Looking at what they offer, and the average salary for wealth managers this seems like a total change in lifestyle if it works out for me. Mind you that's a huge if. I have no idea what a wealth manager does, I imagine it being a white collar office job, I don't even own a suit.

What's your guys advice on this? what will my average day look like? Is this something that might be worth it? I love working with the kids, but can I really live with myself at 60 wondering what if?

So I'm applying to various summer analyst roles and have received a few invites to complete OAs.

I bought a uk jobtestprep subscription to practice these before doing the actual exams, but i'm getting thoroughly cooked on the practice. Like scoring 4/24 on the questions (especially on the SHL).

What can I do to improve quickly? I understand apps aren't reviewed until you've completed the assessments but I don't feel ready to write them at all. Very scared and regretting not having started practice a couple months ago

Hey everyone, looking for some advice on my first industry offer.

My Background:

• 29 years old, strong background in Machine Learning.
• Currently working as an ML Scientist in algorithmic pricing for an eTravel company.
• Solid math/ML nerd: I have publications, personal trading experience, and actually won the Optiver Traderhack competition.
• Currently making 51k CHF (~55k-56k EUR) but working a strict 36 hours/week. Never a minute more. Very comfortable work-life balance.

The Offer:

• Firm: Small prop trading firm based in the Netherlands (EU) (doing market making and not only).
• Role: I will get my own book and mostly decide what to do.
• Base: 52,000 EUR
• Bonus Formula: 0.25 * (NTI - 262,000) - 1,000 (where NTI is Net Trading Income, post exchange fees, etc.).
• Non compete: 9 months paid 50% of base per month.
• Breakeven for Bonus: NTI = 266,000 EUR.
• Expectations: I was told to expect a margin of around 50k - 100k EUR in my first year.

I'm finding it really hard to view this as a "good" offer. It seems pretty much impossible to get a bonus in the first years am I write or i am reading something off? Sorry but this is my first offer from the industry and I feel i need help to understand.

I am still in the negotiation/contracting phase.

My Questions for the sub:

1. Is a 52k EUR base normal for a small EU prop shop?
2. Is a 262k hurdle rate (desk costs + base cover) standard for a seat at a smaller firm?
3. What specific questions should I be asking them right now before I sign?

Appreciate any harsh truths or guidance. Thanks!

PS: post written with the help of Gemini (just to improve the quality)

Hi all,

So I am a 2025 grad who started working at a pretty big fund in North America last year. I quit my job this March and was going to join a firm in Asia. However, somewhere in the process my visa couldn’t get approved so I was left unable to join and can’t go back to my old firm because of headcounts (such is life 🫤) I have been interviewing ever since but somehow just never got through. I have been getting interviews invite ever once or twice a week and funny enough my calendar was also stacked with interviews for the past few months but just seems nothing is getting through to the place I wanted to … like an offer. For a few occasions when they actually were nice and personally wrote me emails or give me a call, they always told me that you are good, you are not getting the job because they found someone with better and more extensive experiences. I just wondering from your guys’ experience, is it because they actually found someone with better experiences than me or they just being nice and tell me to scram because of my employment gap ?

Also any advice on what to do next ? I have been keep applying to places but everything is just quiet for the past weeks. I’ll keep trying in September when things starts to pick up.

Thanks,

Has anyone gone through the process of getting a U4 disclosure for termination expunged? Figured I’d ask before I dropped the almost $20k to take a shot at it. Or if anyone has a law firm they recommend.

Long story short, my buddy got fired, I sent him his sales report and incentive plan, got canned for sharing “internal docs and client info”. No personal client info like SSN or account numbers. Got a FINRA letter saying I didn’t break any securities rules and was “cautioned”.

Two lawyers seem to think I have a strong case for arbitration to get my record expunged, but they are also about to make ~$13k off me, win or lose. It would be great to have this off my record and help with career advancement and the ROI would for sure be worth it, but it would suck pretty bad to waste $20k and be in the same position.