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slick
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Joined: March 2nd, 2002, 4:51 am

Treasury Dealer

December 17th, 2003, 1:55 pm

Have an interview in London with a bulge bracket investment bank within Treasury Structured Credit Investments. This is aimed at a slightly experienced graduate level position as a treasury dealer involving hedging of interest rates, foreign exchange, forward FX, Spot and structured swaps.Just wondering what type of questions I could be faced with, any major current event that I would be expected to know about and how I can promote myself at the interview?Thanks.
 
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skeptible

Treasury Dealer

December 18th, 2003, 1:51 pm

Define "slightly experienced".
 
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slick
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Treasury Dealer

December 19th, 2003, 2:05 am

The interview is very soon! The experience is aimed at someone with 1-2 years post uni experience, with a good understanding (why am I been considered?) of how they can hedge a range of fixed income investments (useing low risk T-bonds and commercial papers - all AAA etc....so completely risk adverse). Also, working heavily between investors and brokers and promoting ideas...Any advice?? I'm talking major soon...Cheers!
 
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skeptible

Treasury Dealer

December 19th, 2003, 2:42 pm

QuoteOriginally posted by: slickThe interview is very soon! The experience is aimed at someone with 1-2 years post uni experience, with a good understanding (why am I been considered?) of how they can hedge a range of fixed income investments (useing low risk T-bonds and commercial papers - all AAA etc....so completely risk adverse). Also, working heavily between investors and brokers and promoting ideas...Any advice?? I'm talking major soon...Cheers!I could see them asking you, for example, how many eurodollar futures would you need to hedge a $1mm bond position with risk of $725 per million.I've always found that these types of question that check your understanding about how to hedge something with futures, options, or some other primative securities or proxies, is a good way to show off your understanding hedging. Since you'll be working with governments it all starts with the financing book or repo book, so be prepared to discuss funding issues as well as hedging.
Last edited by skeptible on December 18th, 2003, 11:00 pm, edited 1 time in total.
 
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slick
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Treasury Dealer

December 21st, 2003, 1:28 pm

Ok, interview has been taken - so just have to wait for feedback..
 
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robertral
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Treasury Dealer

December 21st, 2003, 4:24 pm

How was it?
 
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slick
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Treasury Dealer

December 22nd, 2003, 1:23 am

Reasonable - I made 1 in 5 CV's that they filtered from 100+