Rising Star
Hey you lovely people! This is the best time to find a new gig in PA (Before everyone goes on vacation in Dec and before next busy season). Happy to help with anyone that is looking for a referral to BDO. Tax role, audit role, advisory role, non-accounting roles available. https://sjobs.brassring.com/TGnewUI/Search/Home/Home?partnerid=25776&siteid=5174#home
Does anyone here work for Silicon Valley Bank? They recently acquired Boston Private. I’m a candidate for a job at Boston Private. Wondering if SVB is planning layoffs in the near term at BP? Also, does anyone know the anticipated benefits to be rolled out from SVB as the parent company? Specifically interested in health insurance providers. Thanks in advance for any information! Silicon Valley Bank
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Download the Fishbowl app to unlock all discussions on Fishbowl.
Copy and paste embed code on your site
Scan your QR code to download
Fishbowl app on your mobile
Don’t do it, moving from BO to FO is a thing of the past. Collateral mgmt is dead end, monotonous, and FO won’t take you seriously.
Agreed- although it took me 4 years of hard with including 2 years of non stop networking and interviewing, I will not suggest anyone to dive into BO in hope that there is any guaranteed chance.
Ops will never be client facing
The way they’ve been selling the client facing side to me is based on their dealings and interactions with hedge funds.
Don’t take it on the basis of the supposed more client facing, it’s a lie. Talking to the collateral management (Ops) team of the counter party is speaking to someone outside the firm but you are speaking to Ops contacts over there. I’m 4+ years at GS, done internal BO to FO mobility from SLC. I have a FO job, deal with clients directly, but ultimately what I do is still operational soooo even that doesn’t cut it for a strict definition of FO.
Figure out what you’re looking for and what you want to avoid: prestige? Lack of monotony? GS resume tag? Cost of living?
A lot of analyst jobs are monotonous and you may only have so much interaction with the client.
I would be careful if I were you because moving internally isn’t that simple, at my firm (not sure if it’s every bank or this one specifically given past scandals) they are actually wary of moving people from ops/middle office/back office into front office, especially trading, because that background makes getting around checks and getting away with malpractice (spoofing etc.) easier (allegedly). I know people who made it nonetheless but not sure if it’s worth going down that road
I was at GS in Ops in their Salt Lake City office. Great people, but BO to FO is hard even for internal mobility. They say internal mobility is plentiful but it is not, I have talked to multiple Associates, VPs and mentors there and they essentially said regarding internal mobility different divisions within Ops is fine, but trying to get out of ops into MO or FO is nearly impossible. I also know only 1 person out of GM and AM ops who successfully got out of Ops though internal mobility but it took him applications and interviews and waiting for over 2 years.
^this
Is it client services? I deal with the client services team at my company ,and one of the guys left to be a trader at an investment firm.