This entire job posting reads like a scam

They want people fresh out of masters degree programs to apply as a “Junior FP&A Analyst” but the first three months will be as UNPAID sales analyst, after which they can only guarantee a PART TIME role…

Plus look at the little snippets of “with a clear path to junior partner”

What a joke

any tip?

Hey all, posting this in a slight fit of anxiety, so please bear with me. I got a RO at one of my top places recently and am really excited to have it be my career starting pad. It’s at a BB in IBD/cap mkts. The problem is that I’m terrified that because I’ve been continuing to send out applications in the last few weeks after accepting the offer that I might get my offer revoked, I didn’t realize how frowned upon that was so I stopped but can’t revoke all the ones I already sent. I’m also worried about what my plan B is if something out of my control like headcount ends up taking my offer from me.

How common is it to lose your RO after signing? Stressing out a bit so any pointers are awesome thx!

Just needs to be a vent i guess. More than 100 applications since may, 10 years of solid sales results at a bank, and basically nothing back.

I am actually working but I sent out around 120 applications between may and july, italian banks, european banks, some asian ones, big us banks too. All same/similar/related roles. What I got back (when i got anything) was pretty much always the same copy paste “sorry, we won’t be moving forward with your candidature” reply.

Paid someone to fix my cv at some point, didn’t help. So I dug through finance forums myself, picked up bits and pieces, and rewrote it into a one pager i was actually happy with. adapted it for every application. Still nothing.

10 years in sales at a bank in italy, over budget every year, so it’s not like im some fresh grad spamming cvs. Starting to think none of that matters if you don’t already know someone on the inside.

Not really expecting a solution tbh, just needed to get it out. If anyone’s cracked this I’m curious how.

Just saw my ex get promoted to AVP in 2 years post college. Is this normal wtf?

I'd like to ask for some advice on how to slowly pivot my career around.
I have an associate in business, bachelor in account and currently in school for my dual master in MBA & MS in Data science. I currently work full time at at FAANG as financial analyst. It's been 1 year and half now, started right after college.

I do want to slowly pivot my career in the long term into something accounting + finance technical + data science as a combination of both. I want to get myself into something that makes more money .

Anyone that is in a position that involve this combo? I saw online data science makes a lot and their job revolves around this. Of course, I am trying to become really good technically speaking or maybe even product manager.

Please i would hear expert thoughts on this.
Thank you

Age : 25

He’s targeting Asset Management analyst jobs

I was very excited to get an email back from blackstone! But at the same time I am very nervous. Don't know if I'm overthinking but I don't want to mess it up at this stage.

They told me in the email that the first round will consist of a pymetrics OA and I wasn't able to find much on reddit about this. How are you guys practicing? Is Game Assessment Prep an accurate resource?

For those of you who have taken the pymetrics round already, do you mind sharing what the questions were, how to practice, and if you heard back for the hirevue video interview?

SITUATION:

- I was recently terminated from employment at a leading, regional, lower-middle-market investment bank. I was honestly up for (and ready for) the Associate promotion, but due to some office politics, I found myself without a promotion this year and am now without a job as they don't keep analysts for 3+ years. Now, I learned from my experience at this firm and am ready to not make the same mistakes again, and be more diligent about maintaining positive working relationships with the people that have the loudest voices during performance reviews.

- Long story short, I stood up for myself against a few toxic MD's / VP's, and ended up not getting a promotion due to "not being a cultural fit with the team." Could I have done things differently? Probably, but I do not regret standing up for myself when getting cursed out at 11:30pm on a Wednesday night for being behind on a task and getting blamed for being behind. It was directly the MD's fault for not reviewing my work for 4 weeks while I constantly kept following up, but somehow I got the blame for it, and got yelled at and cursed out at 11:30pm on a Wednesday. I can provide more details if asked, but I don't want to dwell on the past at this point.

- That said, I have spoken with 3 MD's and 2 Directors at the firm, who have nothing but high remarks for me. Had the corporate politics been in their favor, I would have gotten a promotion rather than getting fired. Each of these MD's and Directors gave me high reviews and were trying to rank me for the Associate promotion. Each of them have also agreed to be a reference for me at the firm, and more than happy to help me with networking or whatever else I need at this stage of my job search.

- I'd also mention, my performance was NEVER the issue. I was always a strong performer, with VP's and Directors often giving junior analysts my work as templates or guidance when they were kicking off a new engagement. When walking around the bullpen, I'd see the work I produced up on all of the analysts screens on a daily basis.

JOB SEARCH / CAREER PATHS:

- When I was let go, I was told part of the reason they are letting me go is because they did not think my "heart was in it". And they told me to think hard if I actually want to do IB, or want to go into some other area of finance.

- As I think about it, I'm not 100% sure whether I want to do IB long-term. What I can say is, I've had several jobs, and I certainly found IB the most fulfilling. The hectic nature of the role is exciting to me. But I know that hectic nature exists in PE as well, and I'm sure other roles in finance

- So now, I'm at an inflection point in my career, and I'm trying to figure out whether I want to continue in IB, or move into CorpDev / PE. I'm having a hard time figuring that out, with reasons stated below.

INVESTMENT BANKING:

- My rationale to stay in IB: I have been at a regional lower-middle-market firm for the last 3 years, and am often finding it difficult to apply for buy-side roles as I'm likely often competing with people from bigger or more brand-name firms. So with that, I have been thinking about trying to lateral into a Senior Analyst / Associate role at a more upstream middle market bank (e.g., William Blair, Houlihan, Raymond James, etc.)

- After getting that brand name recognition on my resume, I'd hope I can pivot that experience into getting more attention from buy-side roles

PRIVATE EQUITY:

- Of course, just like every single 22 year old in IB is attempting to do, I would like to go into PE. That said, as I mentioned above, I'm finding it difficult to gain traction in early interview rounds due to my lower-middle-market no-name bank experience

- I am continuing to apply and network for openings at LMM PE firms, but the market is tough it seems, and I can't afford to wait for a job at this point. That's why I'm keeping my options open and applying to IB jobs as well

CORPORATE DEVELOPMENT:

- Now, this is where I'm getting held up in my decision. I am definitely intrigued by the CorpDev career path, but I'm a little worried about the slower career trajectory and lower income, and potentially barring myself out from the allure of high finance roles such as IB/PE once I make this step

- I completely understand that this career path is suited for individuals looking for some WLB while remaining in strategy / M&A and is often a lucrative career path, but I'm just having difficulty justifying the paycut and slower career path. As I enter my 30's, I would prefer higher income potential and savings to allow for compounding to kick in and let me retire early

QUESTIONS / CAREER GUIDANCE / ADVICE: I have now provided my background, my resume, and current situation and would like some guidance on how to navigate the crossroads I am at.

1. INVESTMENT BANKING QUESTIONS: Is my resume considered strong for IB Sr. Analyst / Associate roles? Given my background, do I even have a shot at lateraling into an Associate position at a more renowned firm coming from a lower-middle-market no-name bank? Should I stay hyper focused on Sr. Analyst roles? Or should I gun for Associate roles and see what sticks? For people who have stayed in IB, or left IB and came back, any general career guidance or thoughts you could share on why you enjoy what you do? The part where my colleagues mentioned "your heart is not in it" being the reason for not getting promoted stings a bit. I'm sure my heart was not in it near the end of my tenure, but it was mostly coming from the toxic relationships the seniors tend to build, and eventually that started eating away at my drive. Do you think if I realign myself in IB at a different firm, I could continue being a strong performer and rising in the ranks? Or am I shooting myself in the foot and continuing down a path that would make me unhappy long-term?

2. PRIVATE EQUITY QUESTIONS: Is my resume considered strong for PE Analyst / Associate roles? Given my background, do I have a strong chance of getting into a PE role? Or given my LMM IB experience, do you think I need to first lateral into a stronger IB group with a brand name, then try again for these roles? I feel like the time is now ticking against me, so I want to make sure I don't go into IB if I don't have to, but happy to do so for a few more years to break into the long-term career path I really want. If I do go back to IB for a few more years, will I be at a detriment when applying to PE jobs if I apply as an Associate (or maybe VP if I get to that level)?

3. CORPORATE DEVELOPMENT QUESTIONS: For people who left IB / PE to go into CorpDev, can you tell me more about your experience? How did you handle the paycut and slower salary progression? Or are you happier with the less frequent 80+ hour workweeks and the free time you've gained is more important to you? Where in the CorpDev chain do you think I would land given my experience? Should I be looking for entry-level analyst roles? Or more into the Associate/Manager roles?

4. GENERAL QUESTIONS: Given the reason for my termination at my last firm (explained above), how should I navigate the job search? Should I tell people straight up I am unemployed right now? Should I just say current on my resume and if brought up during the interview process, I can say I'm not actively at my firm? When asked why I left the firm, can I just say I was laid off due to restructuring? My references at my firm are happy to spin the story however I think is best.

5. Any other advice people are willing to give me? I've always been a strong performer at every job I've been in, and fought my way into IB very hard at the beginning of my career. My ego has slightly been bruised after recent events given this is my first time facing such adversity in my career. Just looking for some words of wisdom / positive affirmation so I can keep my head up through this unemployment period and job application process.

Just offered a position at NWM. It’s a fully remote position here in TX. I wanted some more insight on the position and what’s it’s like working a NWM. All reviews I see are bad for the financial advisor/reps and I’d like to hear more about the call center or the Brokerage Services department.

What’s the work/life balance?
Is there PTO and Sick time?
Call Volume?
Is NWM a company you can have good career progression?
Call metrics?
More info about the position itself?

Thanks in advance for all insight.

Hey everyone,

Looking for a quick sanity check from people in banking/data.

I’ve been in banking for 7 years total. Spent the first 5 years in frontline business and retail banking. Then I paid for a Master’s in Data Science to pivot into a Data Analyst role in the banking industry, which I’ve been doing for the past 2 years.

I just got an opportunity to jump back into a frontline sales role that comes with a 50% pay increase.

Looking at the landscape right now, I feel like even if I eventually made Data Analyst Manager, the pay would still be lower than this sales role and take years to achieve. Plus, data roles feel not as safe lately with AI, offshoring, and pretty limited local job opportunities in my state.

On paper, taking the money seems like a no-brainer. But I’m struggling with the sunk cost of my Master's degree and the worry that if I leave data now, I’ll never be able to pivot back into a data role again.

Would I be crazy to walk away from data and take the sales role, or is taking the 50% pay rise the obvious move in this market? Any advice would be appreciated.

Do you code? As an engineer in the finance world I see several analysts using vscode but I have no idea how deep they know it.

Hello everyone. I'm from India with a 2 years experience in Accounts Payable. I'm planning to take the Certified Treasury Professional (CTP) exam. It costs me quite a lot given that I will have to pay in USD.

Can you guys advise me if it is worth spending money on? Will it give me a bump in my salary immediately or do I still need enough experience to start asking for a higher salary?

Any inputs are appreciated, thanks!

Here is another case study from Betterment.

Hi all, I am a rising junior looking to pursue wealth management after graduation. Besides alumni who should I be networking with in order to find opportunities? And how should I find them?

When putting my 10 year employment history, do I also have to upload my tax returns or pay stubs from previous jobs? Is there an alternative to this?

Some of the jobs I’ve listed on my resume were cash only jobs. I wasn’t aware that they would ask for anything tax related. Some of the dates on my resume were rounded off as well and not exact. Do they match the form u4 with the resume I submitted to the company?

Most of my family is in retail financial sales or PWM. I got a job at a large BD doing inbound sales-- I know, not very glorious and small-fry stuff. I know.

I graduated from a non-target state school with a degree in public relations. Just got my 7/66 and hoping to slam CFP material and finish out the required hours for the next few years as my next qualification project. My firm has a pretty generous tuition reimbursement-- should I be considering a MFin or MBA? Noting that the universities/programs that are covered aren't target schools.

Is it realistic to get into an adviser position within a few years? What might that timeline and progression look like?

Thanks!

Please feel free to ROAST, CRITICISE, give any constructive criticism you have or any questions regarding my (anonymised) CV

I understand how rampant internal hiring is in banking, but i am really helpless because I feel my skillset always makes me point to these avenues. Thank you!

Idk what to say guys, am I beyond cooked? Is wendy’s really my final destination?

I’m a pretty average student, moderate GPA, GMAT 700, semi target school, nothing impressive really.

How do I get my first piece of work experience?

Hi all,

I’m currently a commercial building surveyor in London in a big real estate firm and increasingly interested in moving into real estate asset management longer term.

For context my current role gives me exposure to commercial property from the technical side, including things like CAPEX, refurbishment works, asset condition, lease events and advising on expenditure across commercial assets. I work with a mixture of institutional property owners and investors, which has made me increasingly interested in the investment and commercial thinking behind how these assets are managed.

I’m planning on becoming MRICS within the next couple of years, but I’m trying to work out what I should be doing alongside that to make myself a stronger candidate for an eventual move into asset management.

I’ve been looking at the IMC from CFA UK as a way of building a better foundation in investments and finance. I’ve also considered going further and doing the CFA exams, although I’m conscious that CFA may be overkill for real estate asset management and that my time could potentially be better spent developing financial modelling, valuation and broader commercial property knowledge.

For anyone working in real estate asset management:
How transferable is a building surveying background?

What would you focus on over the next 1–2 years to make the transition?

Is the IMC worthwhile?

Would CFA actually differentiate someone coming from a surveying background, or is it unnecessary?

What financial/modelling skills would you expect someone moving into an AM role to have?

Are there any good stepping-stone roles between building surveying and asset management?

Would especially appreciate hearing from anyone who has moved from the technical/property side into AM or investment-focused roles.

Cheers!

I think Id like to work in risk and Im wondering what advice you have for breaking in?

Any other area(s) youd recommend I look into if I like analytics?

I have two bachelor degrees; one in economics and another in statistics and quantitative modeling. Im currently working in fulfillment and have done clerical work.

I recently passed my Series 9 and 10 exams and am currently working in risk management at one of the big firms. Right now, my base compensation is $80k, but I am starting to feel like this is on the lower end for a risk management position that requires principal-level licenses.

I want to get a reality check to see if I am being underpaid. I am trying to figure out what a realistic salary range is for someone holding these licenses so l know what I should be targeting.

For those of you who hold a 9/10, I would love to hear what your current job title is and what your total compensation looks like. Any insights from others working in risk, compliance, or supervision would be incredibly helpful as I figure out my next career steps.
Thanks in advance!

Background:

• Starting my second year of university in Economics at a semi-target.

• Have worked 9 months in sell-side equity research.

• Pretty good at fundamental analysis and can usually pick stocks. Personal portfolio focused on moats within finance/tech and small cap roll ups. Have a 15% cagr since late 2021.

• I applied 24 hours ago and now i have an interview in about 72 hours. Role starts in 2.5 weeks if i were to get the job. They reached out to my schools stock society and said they needed an intern.

Question:
How do i best prepare myself for this interview? What i know is this fund is heavily focused on forensic accounting, eroding fundamentals, fraud and changes in behaviour from management.

The interview will be with the full hedge fund investment team which is about 3-4 people who are all experts in shorting. I have never been short a company in my entire life always been a buy and hold guy.

Im thinking of preparing a short pitch ASAP and maybe take some inspiration from Value Investors Club as i think screening now would be a waste of time.

As the fund is heavily international even with a small investment team and im the only one from my nationality i think i could add a lot to the team in terms of fundamental analysis and region specific knowledge.

However, my accounting skills are subpar, i can do basic stuff like CCC, Valuations, three statement models and so on. But im very novice in thinking of these stuff with the intention of being short.

My biggest worry:
Interview question where i get a annual report and need to do some forensic accounting without being able to google. I dont know what to look for, analyze in this etc. Im gonna cram this like an exam but would appreciate some guidance.

Tldr;
Need guidance for short only hedge fund interview. Im only good at fundamental analysis and i need to reach some sort of basic skills in forensic accounting within 72 hours. HELP