Hi,What is the average salary for a structuring position in Paris (junior) ?Can you negociate any bonus ?

Hi,From what I see (and depending on your background and area), I'd say something like 42 KE and a bonus in the 50-60% area. Anyone else?CheersTom

Hi,From what I see (and depending on your background and area), I'd say something like 42 KE and a bonus in the 50-60% area. Anyone else?CheersTom

QuoteOriginally posted by: TomfrHi,From what I see (and depending on your background and area), I'd say something like 42 KE and a bonus in the 50-60% area. Anyone else?CheersTomCan anyone give a good description of what a structurer really does? Some people say Banks tend to hire MBAs mostly for structuring positions. Other say that it is a Quant position. It would be great if some gives an example of the process involved in structuring a product.cheers,Nkisi

Others say that it's sales position!! It will be really interesting to know what is structuring!?

I think some structs are sales oriented other are model oriented.But, it is mainly sales oriented with some basics of quantitative.Not hard core maths! thanks, Tomfr I will PM you

If it is a quant type position, what knowledge does it require? Broad range of everything? Is it the same with people doing hybrid?

As I have understood it there are two types of areas when it comes to structuring:1. Structurer close to trading:- May have the following tasks: pricing, risk analysis and modelling, model testing, hedge optimization etc - Should have a good knowledge about the models, risk in products etc 2. Structurer close to sales:- Should have good knowledge about pricing, the market, the products, laws (accounting rules etc), tax etc- May have following tasks: creating business cases to the sales desk, write presentations, price up indications. Is a marketer of new/(old) products.