JPM Treasury and Securities Services, Want to Move to Asset Management

Hi,

I'm currently in one of the analyst programs at JP Morgan in Treasury and Securities Services. When I originally accepted the job, I didn't realize how operationally based this division would be. I really, really would like to move into Asset Management, any suggestions on how to do this?

I have a contact that says they could probably get me into a smaller asset management firm but I'm not sure if it would look good to leave after only a month in Treasury (and I kind of don't want to have to use contacts for anything, I like doing things on my own :) ) Would a smaller asset management firm be better or would it be a better idea to try and move within JPM??

Any suggestions would be really appreciated, thanks!

 

I am always interested to hear stories like this one because it is hard for me to understand how candidates are suprised by what their jobs actually entail? How did you not know what you are applying for? Usually in interviews (especially in the 'do you have any questions for me' section) you can get a pretty solid understanding what someone in the department does. Did you not ask the right questions? What did you think the position involved? Did they somehow 'trick' you?

To answer your question, I would probably stick it out for at least a year, unless of course you can secure another offer elsewhere before you quit.

 
Best Response
trailmix8:
I am always interested to hear stories like this one because it is hard for me to understand how candidates are suprised by what their jobs actually entail? How did you not know what you are applying for? Usually in interviews (especially in the 'do you have any questions for me' section) you can get a pretty solid understanding what someone in the department does. Did you not ask the right questions? What did you think the position involved? Did they somehow 'trick' you?

To answer your question, I would probably stick it out for at least a year, unless of course you can secure another offer elsewhere before you quit.

This is exactly what I thought. Should never come as a surprise, at least when you're working for a BB.

BTW, most banks's treasuries have their front office desk for short term funding, FX / liquidity management etc and even prop portfolios are not unknown in this area.

I guess your gig is in the treasury back/middle office?

 

didn't you guys just finish training less than 3 weeks ago? are you in a good rotation? you want to be in a group where you're near bankers/traders so you can network your ass off when there's an internal opening, they'll put in a good word for you and you can internally transfer

problem is that everyone in tss is trying to do this

however, my friend in ib risk got an offer from the fx trading desk, so it's def possible

 

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