<t>rmax pretty much has it. on a flow desk a TA is going to be booking trades, handling breaks, dealing with back office inquiries, chasing up sales on issues. other intraday things are going to be ensuring the position is correct, running the risk for the book, p&l calculation, small pricing of...

NoMatt would you be able to forward to me as well: jackson24nj@hotmail.com thx

<t>exactly, swaps desks can be as quant as you want them to be and there is a ton of model development to be done even at the best firms. some firms are much more quanty and rely on the math behind yield curves more than others. i think your best bet is to see how things go on the swap desk bc no mo...

<t>well at my firm, the exotics guys are PHD's so in general I think it would be tough to get into that group. i will say if you are working on the swap desk you are going to have a lot of interaction with them as they hedge their trades through the swap desk and you will more than likely be sitting...

<t>depends what desk and what level you are but you typically start by doing all the stuff the more senior traders dont want to do. ie: booking tickets, input risk to get live risk levels, mirror them on pricing stuff for clients, calculate appropriate hedges, check broker confirm details to make su...

flow trading = market makingif you are executing trades for a clients book (ie brokerage) you are an execution trader

<t>you may have to take it as a lot of banks make anyone that interacts with the front office or that is in the front office take it. i wouldnt worry if you had to take it though. if you are smart enough to be a quant you are more than smart enough to pass this test. as mentioned earlier these tests...

merrill has a guide to ABS/MBS on its website somewhere. i downloaded it a while back

<t>Traderjoe I think your off here. while it is true that the average person in IB will make more than the average person in GM but you can make a lot more money faster in GM if you are good. IB is too structured for a star junior performer to get a lot of responsibility whereas in trading if your g...

what else do you know about KBC, I interviewed there out of school for a back office role a headhunter wanted me to take. I didnt like the role but the firm seemed like a great place.

<t>I work with these guys all the time in my current role and at the junior levels it seems to be all about pricing up the different derivative scenarios the bankers want to show. there is also a bit of presentation updating/creating but not nearly as bad as a bankers. At later stages the marketers ...

at my bank its above VP, equivalent to Sr VP at other firms. on the banking side its the first role where they are responsible for revenue generation

what is your take on applying to S&T associate programs once you complete a banking stint (with an offer for a direct promotion to associate). would you need an mba to make the jump?

From what Ive seen so far 38 would be very old for an associate. itll be a tough sell but nothing is impossible.

262 views and no thoughts on this??