Capital Markets / ECM Function @ Asset Management

Hi WSO Monkeys, hope you all doing well. 

I got a call from HR for an interview of a ECM/Capital Markets role at a leading asset manager but no exact job description for this role on their website. Could anyone inform me what this role all about in general? Anything specifics one could bring from sell-side ECM to buy-side ECM? Thanks a lot.

 
I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

it seems like you will be helping the firm to participate in IPOs/follow-ons/SPACs, think the ECM strategy is more transactional work than fundamental so you would be doing analyst calls, management meetings (pre-IPO and when the IPO is launched)

check out Millennium/Jane Street ECM positions, that should give you a good description of what you will be doing 

 

Consequatur accusamus laboriosam et quis. Aut qui debitis nihil sint assumenda. Quibusdam quasi numquam natus voluptatem est. Et quia soluta non modi nihil quas sunt. Aut dolorem ut ratione molestias. Sapiente omnis eaque dolor culpa.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Perella Weinberg Partners New 98.9%
  • Lazard Freres 01 98.3%
  • Harris Williams & Co. 24 97.7%
  • Goldman Sachs 16 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.9%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 05 97.7%
  • Perella Weinberg Partners New 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.9%
  • Perella Weinberg Partners 18 98.3%
  • Goldman Sachs 16 97.7%
  • Moelis & Company 06 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (21) $373
  • Associates (91) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (68) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (148) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
CompBanker's picture
CompBanker
98.9
6
GameTheory's picture
GameTheory
98.9
7
kanon's picture
kanon
98.9
8
dosk17's picture
dosk17
98.9
9
bolo up's picture
bolo up
98.8
10
DrApeman's picture
DrApeman
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”