Why are you interested in a career in trading?

Working as a trader means that you are rewarded with a competitive, exciting work environment where you have the opportunity to cultivate a skillset that will be indispensable within the greater world of work: the competitiveness, risk-taking and economic fluency that one gains working trading stocks is highly …

Is sales and trading a good career?

Sales and trading careers are among the most dynamic, exciting, challenging, and rewarding. And there’s perhaps no better place to pursue a sales and trading career than New York-based global financial services giant Morgan Stanley—which offers a wide range of S roles, for all types of backgrounds and skillsets.

What is it like working in sales and trading?

Sales and Trading career overview. The sales & trading division (S) of an investment bank. A career in sales & trading can be extremely strenuous with a very fast paced environment. The competition for positions is intense, compensation can be very high, and the work can be extremely stressful.

Is sales and trading competitive?

Careers in Sales and Trading Both sales and trading careers in financial firms offer tremendous income potential. But precisely because of that fact, the competition for jobs is intense and requires both superior talent and extra effort to succeed.

Who earns more sales or trading?

Mostly it seems that the average salesperson and the average trader earn the same at the same rank. However, director-level salespeople earn more than director-level traders, and then managing director-level traders out-earn their sales colleagues.

Why are you interested in sales and trading rather than investment banking?

The key difference is that in sales & trading, they want to see more evidence of passion for the financial markets rather than just “business” or “finance.” It’s also more important to show evidence of quantitative/analytical/math/coding skills because S has become more tech-driven.

What can you do after sales and trading?

Eight exit options for traders in investment banks

• Start your own firm.
• Go to the buy side.
• Work in sales or client services.
• Move into the middle office.
• Work for a regulator.
• Work in private equity.
• Work in management consulting or professional services.
• Work in fintech.

What makes a good trader?

Successful day trading usually requires a lot of hard work to develop the necessary skills. Many day traders have some natural traits to get started but will have to work at others. Successful traders develop discipline, patience, adaptability, mental toughness, independence, and forward thinking.

What do I need to know for a sales and trading interview?

The main categories of sales and trading interview questions are:

• Fit / Behavioral – Including your story and “Why trading? / Why sales?”
• Market – Including your knowledge of recent events, key market indices and prices, and stock pitches or other trade ideas.
• Product / Client – Can you explain the Greeks?

What is the difference between sales and trading?

In sales, the salesperson is the key person who needs to sale on behalf of the client. In Trading, Traders are the key people who execute the transaction. The trader’s department directly needs to coordinate with the Sales department. Trader’s job is to execute a buy or sell order in the secondary market.

Is sales & trading a good career?

Like most well-paid roles with plenty of earning potential, Sales & Trading is a highly-competitive field – especially at the most prestigious firms. The field is diverse. In some roles you’ll need weapons-grade math and coding skills. In others, your core skill sets will be sales and persuasion (coupled with a solid knowledge of the markets).

Why do you want to work in sales?

You could use a combination of the reasons below or a myriad of other reasons to explain why you want to work in sales. Entrepreneurial/meritocratic environment: You are paid/promoted based on your skill in generating investment/trading ideas for your clients and finding value where others fail to do so.

What are the roles and responsibilities of sales and trading?

Roles in Sales & Trading 1 Sales. Sales “owns” the relationship with clients on behalf of the investment bank. 2 Trading. Traders make a market and execute trades on behalf of investors. 3 Structuring. For some very complex products, salespeople lack the expertise to effectively guide clients. 4 Research. 5 Quant/Strat.

How to explain why you want to work in trading?

When explaining why you want to work in trading – you should curtail your answer to strengths and experiences that you can speak about. You could use a combination of the reasons below or a myriad of other reasons to explain why you want to work in trading. Entrepreneurial / Merit Based – Fast advancement for high performers