Sales & Trading in an Investment Bank (Part 1 - BANKING ROLES EXPLAINED)

  Рет қаралды 93,166

Afzal Hussein

Afzal Hussein

5 жыл бұрын

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TIMESTAMPS
01:36 Sales roles (primary responsibilities)
02:10 Sales roles (how they’re split)
04:18 Sales roles (wining & dining)
04:48 Traders (market-making)
05:24 Traders (proprietary trading)
06:30 Trading (hours)
08:02 Trading (differing roles)
Business enquiries: info@afzalhussein.com
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I like sharing practical, helpful and easy to understand advice on how to get the career of your dreams whether you're a student, graduate or experienced professional.
Careers can be tricky. I want to change that.
Make sure to hit the subscribe button to watch new videos every Wednesday!
My personal website: www.afzalhussein.com
My career consulting website: www.officialcvdoctor.com/
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Intro music: goo.gl/qN1M5t
Sales & Trading in an Investment Bank (Part 1 - Banking Roles Explained)
#InvestmentBanking #Finance #University #Careers #Students

Пікірлер: 117
@AfzalHussein
@AfzalHussein 5 жыл бұрын
Please feel free to like, comment and share this video so more students can benefit from its content! :) Oh, and SUBSCRIBE too for weekly videos!
@charleyluckey2232
@charleyluckey2232 2 жыл бұрын
This is a great video, I learn alot watching your videos and it has been helpful to me. Trading crypto is quite difficult for newbies. Thanks to Mr Larry Kent Nick for improving my portfolio.keep up with the good videos.
@fosterwhales1027
@fosterwhales1027 2 жыл бұрын
I invest with Mr. Larry kent nick too, he charges a 20% commission on profit made after every trading session which is fair compared to the effort he put in to make huge profits
@martinsriggs2441
@martinsriggs2441 2 жыл бұрын
This is not the first time I am hearing of Mr Larry kent and his exploits in the trading world but I have no idea how to reach him
@charleyluckey2232
@charleyluckey2232 2 жыл бұрын
@@martinsriggs2441 Larry Kent Nick Trading
@susanbaxtron8422
@susanbaxtron8422 2 жыл бұрын
wow!, i see Larry's good deeds is speaking for him, Mr kent earned my trust since December last year till now, when my colleague got paid after investing USD 2300....and since then i tried and have been enjoying the crypto money.
@martinsriggs2441
@martinsriggs2441 Жыл бұрын
Few weeks with him and I've made up for all my losses, his strategies are fantastic
@raheelsamad3498
@raheelsamad3498 Жыл бұрын
Dear Afzal , i have been watching some of your videos and you are an excellent speaker ,best regards
@caseyc1099
@caseyc1099 5 жыл бұрын
Thanks for your video. It's very helpful that you explained these roles in detail. Could you please upload Part 2 asap please?
@ACEyoutubeCHANNEL
@ACEyoutubeCHANNEL 5 жыл бұрын
Learned a lot from this! Could you do a video like this on asset management soon?
@AfzalHussein
@AfzalHussein 5 жыл бұрын
Will do. Judging by the 'likes' on your comment it seems like it's in demand :)
@peterpetram
@peterpetram 5 жыл бұрын
You answer alot of questions i was looking forward to learn.
@780tman
@780tman 5 жыл бұрын
Fantastic! thanks for doing this video!
@BrunoLuke
@BrunoLuke 10 ай бұрын
The collapse of Margin debt leads to a decrease in stock prices and trigger a wave of selling as investors try to cover their losses, Buying a stock is easy, but buying the right stock without a time-tested strategy is incredibly hard. Hence what are the best stocks to buy now or put on a watchlist? I’ve been trying to grow my portfolio of $145K for sometime now, my major challenge is not knowing the best entry and exit strategies ... I would greatly appreciate any suggestions
@MarcelPhilips
@MarcelPhilips 10 ай бұрын
I'll suggest you find a mentor or someone with experience guide you especially in this recession. especially for your 401K, IRA and portfolio diversification.
@BrunoLuke
@BrunoLuke 10 ай бұрын
@@MarcelPhilips I agree, I thought I was doing alright profit wise, until I needed assistance with diversification, I reached out to a financial advisor and in less than a year I was just $51,000 shy away from $640k which is like 7x more than I make on my own..
@MarcelPhilips
@MarcelPhilips 10 ай бұрын
@@BrunoLuke I've been thinking of going that route been holding on to a bunch of stocks that keeps tanking and I don't know if to keep holding or just dump them, think your Inv-coach could guide me with portfolio-restructuring..
@BrunoLuke
@BrunoLuke 10 ай бұрын
@@MarcelPhilips I've shuffled through a few advisors in the past, and KRISTIN GAIL CUNNINGHAM remains the most resourceful thus far. Her strategy proves profitable, and sustainable both in a bull & bear market. Most likely, her deets can be found on the net, so you can confirm yourself.
@MarcelPhilips
@MarcelPhilips 10 ай бұрын
@@BrunoLuke I just looked her up on the internet and looked into her credentials. I wrote her a letter outlining my financial objectives and planned a call with her
@spencerfranklin5743
@spencerfranklin5743 5 жыл бұрын
I really enjoy your videos, very informative and you really help break down the jargon used in the financial workplace. Also, I would like a video on shorting please. Thank you very much!! Keep up the great work.
@AfzalHussein
@AfzalHussein 5 жыл бұрын
Hey, thanks! Much appreciated and glad you're enjoying the content. I've added the shorting video to the 'to create' list :)
@psiqueira
@psiqueira 4 жыл бұрын
Awesome video! Cheers from Brazil.
@jxw7196
@jxw7196 2 жыл бұрын
Keep up the good work!
@jonstuartjon3
@jonstuartjon3 3 жыл бұрын
Excellent video!! Did Part 2 ever come out? Haven't been able to find it.
@judyl.7811
@judyl.7811 Жыл бұрын
0:22 what does S&T entail? sales is with calls the clients. 2:15 can be split to clients, regions, and products/ asset classes.
@sakib611
@sakib611 3 жыл бұрын
Thanks for the valueable video As a fx trader it helps me a lot. Wish i could sit on trading floor as an asset manager on those big institution 😊
@rileyheiman1161
@rileyheiman1161 3 жыл бұрын
Thank you Afzal!
@AfzalHussein
@AfzalHussein 3 жыл бұрын
👊🏽
@Youholdmenow
@Youholdmenow 3 жыл бұрын
Ooh would be interested to see a video on shorting and equity swaps
@lallbahadoor9579
@lallbahadoor9579 5 жыл бұрын
Very helpful video👌👌 Waiting for part 2 !!
@AfzalHussein
@AfzalHussein 5 жыл бұрын
Thanks! :)
@yashkabra2989
@yashkabra2989 5 жыл бұрын
Hi Afzal, you are doing a great job by giving all of us these practical insights of financial services industry. I have recently cleared my CFA LEVEL 1 exams. I am currently preparing for my CFA LEVEL 2 exams in June 2019. Would like to know about the role of Research Department in an Investment Bank and how it is integrated with sales and Trading department? I would really appreciate if you can throw some colour on the Investment Management industry in your forthcoming videos. As I am doing CFA [US], practical insights on the Global Investment Management industry would be really valuable for me. Thanks, Keep up the good work.
@lsmith3942
@lsmith3942 5 жыл бұрын
Great video I subbed Could you do a more in depth into trading and structuring as guessing it’s more technical than sales to understand without exposure Keep it up !
@fishxd7420
@fishxd7420 5 жыл бұрын
always helpful bro!
@AfzalHussein
@AfzalHussein 5 жыл бұрын
:)
@Levrai10
@Levrai10 5 жыл бұрын
Learned a lot thank you kind having a bad week
@AfzalHussein
@AfzalHussein 5 жыл бұрын
Hey! Much appreciated. Onwards and upwards. You got this! 👊🏼
@user-elias123
@user-elias123 3 жыл бұрын
Great video Afzal. It would be great if you could make a video on breaking into sales&trading from other indistrues with several years of experience (what steps should be taken and what skills are required). Is it even possible? I see that most financial careers (IB, trading, even consulting) hire fresh graduates and it is harder to get in if you are, let's say, 3-4 years out of school and working in a different industry (although you have a degree in Finance).
@mzk9829
@mzk9829 5 жыл бұрын
A video on how you set up your holding company will be very helpful !
@AfzalHussein
@AfzalHussein 5 жыл бұрын
It's pretty simple. If you're in the UK explore this link: www.gov.uk/government/organisations/companies-house
@kylesummers7478
@kylesummers7478 5 жыл бұрын
Wow. Great video! You divulged a lot of great information.
@AfzalHussein
@AfzalHussein 5 жыл бұрын
Thanks :)
@emano3441
@emano3441 5 жыл бұрын
Would be interesting to know which desks have been paying the highest compensation recently!
@ryan_chew97
@ryan_chew97 4 жыл бұрын
thanks for the video and solid accent.
@AfzalHussein
@AfzalHussein 4 жыл бұрын
Pleasure!
@user-cx7te6pl2h
@user-cx7te6pl2h 5 жыл бұрын
Awesome video. Could you describe options trading?
@ahmedabdelmoneim7461
@ahmedabdelmoneim7461 5 жыл бұрын
Good video im waiting for the part2
@AfzalHussein
@AfzalHussein 5 жыл бұрын
Thanks!
@peterpetram
@peterpetram 5 жыл бұрын
Can you please talk more about Market Making? There is a misconception about it in forex trading.
@kebeiloesello9123
@kebeiloesello9123 5 жыл бұрын
Learnt a lot from this - I am actually intrigued by how you are going to classify a quant.
@AfzalHussein
@AfzalHussein 5 жыл бұрын
Glad to hear that! :)
@alexlum5820
@alexlum5820 5 жыл бұрын
Love your videos. Thank you for sharing. I am curious to know does proprietary trading desk still exist in large investment banks like Goldman Sachs etc.? Because I heard that it has been banned
@strykot100
@strykot100 5 жыл бұрын
Awesome video learned alot! I'm very intrested in starting working for a hedge fund...what is the best path? From the ib division or sales and trading or asset management. Thanks for your help
@nabilyousif4509
@nabilyousif4509 5 жыл бұрын
Hey, what is the best way to get into sales and trading. What job role do you have to apply for and what qualifications/previous experience do you need
@Rob.Ko.
@Rob.Ko. 5 жыл бұрын
Please make a video on shorting! Thanks.
@jessehowe2839
@jessehowe2839 5 жыл бұрын
Great video . What is the difference between a normal bank and a private bank?
@wisdomsimeon431
@wisdomsimeon431 5 жыл бұрын
Video on shorting please!
@TheBigBoss2992
@TheBigBoss2992 5 жыл бұрын
just wondering if a sales role in an asset management company is basically the same thing if not how is it different?
@emree5962
@emree5962 5 жыл бұрын
Could you make a video on FX Options and/or Futures
@trapitusaventurez2190
@trapitusaventurez2190 5 жыл бұрын
could you also discuss the differences in salaries, is it true that traders make the most money in IB
@teddybeadle1243
@teddybeadle1243 4 жыл бұрын
Could the different trading styles be explained as swing or day trading vs long term value investing?
@MN-ok5tp
@MN-ok5tp 4 жыл бұрын
So if we r in the sales job, who pays for relationship building with clients like wine and dine or a sporting event. We ourselves or the bank ? .......And ur videos r very helpful so keep up the good work.
@lmak2122
@lmak2122 5 жыл бұрын
Hey Afzal, learned alot thanks! Can you do a video on what the ambiance looked like in investment banks? Is it like how the movies portray it or is it really quiet and professional? I think that one could be one of your most watched videos!
@isali7578
@isali7578 2 жыл бұрын
what is the business management global distribution for S&T team at the bank? any skill sets needed? Thnank you!
@amimellamanjose7687
@amimellamanjose7687 3 жыл бұрын
Do banks teach their employees how to trade if they are in sales and trading?
@chintanshah8002
@chintanshah8002 3 жыл бұрын
Hi , have two years of training experience but I don't have a financial background so, How do I get into professional trading floor?
@unknowninfinium4353
@unknowninfinium4353 5 жыл бұрын
Could you do a video on city of London?
@shubhamraj-jw3xv
@shubhamraj-jw3xv 3 жыл бұрын
Diffrence between prop trading and investment banking trading
@JJ-se7jy
@JJ-se7jy 5 жыл бұрын
Great video as always, could you please do a video on the future jobs of investment banking, are they going to be automated? How hard will it be to land a job in the future? Thanks
@AfzalHussein
@AfzalHussein 5 жыл бұрын
Thanks! Added to the list :)
@infomaniac5592
@infomaniac5592 5 жыл бұрын
sir please tell about Quant traders.. can retail traders can surview
@jialincai3744
@jialincai3744 2 жыл бұрын
great videos! btw whats ur mbti? would you be interested in making a video on mbti & roles haha
@nicholas6231
@nicholas6231 5 жыл бұрын
sure make a video on shorting!
@solomonchilds8574
@solomonchilds8574 5 жыл бұрын
What are the big proprietary trading firms in the uk? Thanks
@williammakhetha4083
@williammakhetha4083 5 жыл бұрын
I just subscribed
@enteetne6704
@enteetne6704 4 жыл бұрын
If you're a sales person, you sell derivates, stocks and bonds to clients. In the case of a derivate, against who are your clients betting ? Against the investment bank ? Against other clients ? In trading, you try to create value for the investment bank by buying derivates, stocks and bonds for the bank and not for a client, is that right ?
@Levrai10
@Levrai10 5 жыл бұрын
What do you think of AI and Trading. Do you think traders will be replaced by robots
@emmanuelkapela101
@emmanuelkapela101 5 жыл бұрын
I might do investment banking when I retire.
@AfzalHussein
@AfzalHussein 5 жыл бұрын
😄 Great hat-trick last night against Athletico 🙌🏼😉
@emmanuelkapela101
@emmanuelkapela101 5 жыл бұрын
@@AfzalHussein they should just give me the champions league trophy already.
@Daamthejokes.
@Daamthejokes. 5 жыл бұрын
Is finance degree is must to become an equity trader
@kieranmckinna768
@kieranmckinna768 5 жыл бұрын
Great video again. Question 1:if you failed to secure summer internships at bulge bracket banks but were still aiming to apply for a grad scheme at one of these what are the best ways to maximize your chances? Question 2: as a lower sixth student what can I being doing to strengthen my future application ?
@saharshjindal6448
@saharshjindal6448 5 жыл бұрын
bro youre working for ole gunnar solksjaer
@zSkandal
@zSkandal 5 жыл бұрын
can you explain the differences between a prop. desk trader and a market maker ? Are there any intersections ? And what steps do you get through to get a Trader ? Is it helpfull to build a track record while you are still at university ? p.s. Love your insights🤗 Regards
@zSkandal
@zSkandal 5 жыл бұрын
and btw. is it true that 80% of a traders time is spended by market making ?
@Goldenlion867
@Goldenlion867 5 жыл бұрын
A video on shorting would be helpful !
@AfzalHussein
@AfzalHussein 5 жыл бұрын
Will do! Thanks :)
@cibulka2005
@cibulka2005 5 жыл бұрын
@@AfzalHussein Would love to see it too please. Who does not love "The Big Short". Maybe to explain short using 2008 housing market would be great and how credit swaps work. Thank you mate.
@AfzalHussein
@AfzalHussein 5 жыл бұрын
Great suggestions!
@punjab9100
@punjab9100 5 жыл бұрын
Hi Mr Hussein what I'm trying to get my head around is why do banks need more traders. At the end of the day is it not just a person on a desk looking at data and making guesses. If so why would a bank choose me over anyone else. Do they teach you how to analyse data and make predictions? Many thanks in advance for answering my queries
@morganhunt4964
@morganhunt4964 5 жыл бұрын
It’s not really a guess it’s a highly educated guess and yes you will go through training of some description
@hiteshkamrani50
@hiteshkamrani50 3 жыл бұрын
how can we sell our companies to this investment companies
@jonathanlloyd8090
@jonathanlloyd8090 5 жыл бұрын
Do these roles all have the same level of prestige? or would there be higher requirements for the traders? I assume that they would because they take more risk. The second question, is my current university choices are Southampton/Bristol for my firm (still can't decide) and my insurance is reading. If I somehow mess up my exams, would Reading still be a good enough university or would I have to retake my A-levels?
@morganhunt4964
@morganhunt4964 5 жыл бұрын
Jonathan Lloyd a number of investment banks only accept first attempts when screening CVs so if you mess up that much it may not be worth resitting. Bristol would be better than Southampton. At the end of the day university prestige is only one part of the puzzle. If you take the right opportunities and network correctly you’re in with a shot.
@JohnDoe-qe4pq
@JohnDoe-qe4pq 5 жыл бұрын
0:20 is that an i8 in the background? that's my dream car man.
@AfzalHussein
@AfzalHussein 5 жыл бұрын
Where?
@JohnDoe-qe4pq
@JohnDoe-qe4pq 5 жыл бұрын
@@AfzalHussein it's the background noise, it makes that sound when you push to start lol
@Padderrss
@Padderrss 5 жыл бұрын
Wtf lol
@win-algo7783
@win-algo7783 4 жыл бұрын
Hello do u have working experience in sales and trading?
@preetpatel7853
@preetpatel7853 3 жыл бұрын
i think in asset management
@Curbstompextraordinaire
@Curbstompextraordinaire 5 жыл бұрын
Do you think traders will be 100% taken over by computers for clients to get the securities they want?
@kayshiva6616
@kayshiva6616 5 жыл бұрын
VisiualProwess Jamie dimon announces this quite a while ago as a near future plan which will be soon executed for jpmorgan
@abhimanyusagar8716
@abhimanyusagar8716 5 жыл бұрын
Do we need to submit CV n cover letter together or separately... kindly reply
@AfzalHussein
@AfzalHussein 5 жыл бұрын
Varies between organisations.
@bobbylee1608
@bobbylee1608 2 жыл бұрын
🔥🔥🔥🔥👍👍👍👍
@yanat7934
@yanat7934 5 жыл бұрын
Part 2 plzzz
@AfzalHussein
@AfzalHussein 5 жыл бұрын
Keep an eye out for it ;)
@sparshdhanvij8656
@sparshdhanvij8656 5 жыл бұрын
Road to 10k subs soon.....
@AfzalHussein
@AfzalHussein 5 жыл бұрын
Thanks to all you amazing subscribers and viewers!
@Kuziai
@Kuziai 5 жыл бұрын
Prop trading is the place to be if you want to make money
@yA-yz9ok
@yA-yz9ok 5 жыл бұрын
Can u do asset management?
@AfzalHussein
@AfzalHussein 5 жыл бұрын
Will do :)
@infomaniac5592
@infomaniac5592 5 жыл бұрын
Short sell🖒
@martingale0
@martingale0 4 жыл бұрын
888 shit
@mzk9829
@mzk9829 5 жыл бұрын
A video on how you set up your holding company will be very helpful !
@AfzalHussein
@AfzalHussein 5 жыл бұрын
It's pretty simple. If you're in the UK explore this link: www.gov.uk/government/organisations/companies-house
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