We know the career paths of associates in investment banking or sell-side research. Any idea about the positions in securities valuation or market risk analysis? There are much talk about Goldman rotating people between its risk & trading desk. Can a position in market risk lead to a position in trading? The postings that I have looked at talk about a monthly pricing cycle (I guess marking to market), but within investment banks, are these positions in operations?

they lead to retirement in 20 years.

That is the natural progression of all jobs. But my question concerns on how you get there!!

QuoteOriginally posted by: cricketThat is the natural progression of all jobs. But my question concerns on how you get there!! keep your head down, work hard, do what they tell you, and don't complain about low pay.

QuoteOriginally posted by: cricketWe know the career paths of associates in investment banking or sell-side research. Any idea about the positions in securities valuation or market risk analysis? There are much talk about Goldman rotating people between its risk & trading desk. Can a position in market risk lead to a position in trading? The postings that I have looked at talk about a monthly pricing cycle (I guess marking to market), but within investment banks, are these positions in operations?I've seen people move from market risk to trading. Most of the 'progression' depended on the ability to mingle with traders at the company and to show that they were interested in more than just sending out risk reports and all the tedious testing. Btw, I've never met anyone in market risk who actually wants to be there. Your boredom threshold has to be very high to even consider a job in market risk.

Thanks. I am finding out that a majority of jobs in Finance are quite boring. I was hoping that market risk would be different, but on the flip side, it would be more interesting than working in operations.

QuoteOriginally posted by: cricketThanks. I am finding out that a majority of jobs in Finance are quite boring. I was hoping that market risk would be different, but on the flip side, it would be more interesting than working in operations.Yeah, certainly better than operations. Progression from nerdy and nearly 'passive' jobs requires you to have the right attitude and the ability to build good relationships with rain makers (this doesn't mean that you shouldn't do your job properly).

You may find this thread useful: http://www.wilmott.com/messageview.cfm? ... adid=73829

QuoteOriginally posted by: PadawanYou may find this thread useful: http://www.wilmott.com/messageview.cfm? ... 829Padawan: Thanks so much. It was really useful reading. Two things stand out for me:1. Jobs are about connections.2. You have to make it known that you want to be a trader. aka Who dares, wins.

QuoteOriginally posted by: cricketThanks. I am finding out that a majority of jobs in Finance are quite boring. I was hoping that market risk would be different, but on the flip side, it would be more interesting than working in operations. no, this is false. if you become a terrific operator, walmart, amazon, or google might hire you to run their operations.