E124: VP at Goldman in IB Makes it from Trading and Liberal Arts Background
Wall Street Oasis
Wall Street Oasis
4.9 • 534 Ratings
🗓️ 26 July 2020
⏱️ 62 minutes
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| 0:00.0 | Hello and welcome. I'm Patrick Curtis, your host and Chief Monkey, and this is the Wall Street Oasis podcast. Join me as I talk to some of the community's most successful and inspirational members to gain valuable insight into different career paths and life in general. |
| 0:21.9 | Let's get to it. |
| 0:25.2 | In this episode, liberal arts banker shares his winding path from a small liberal arts |
| 0:30.7 | college to VP at Goldman Sachs in investment banking. Learned why he started out in a trading role, |
| 0:36.3 | why he jumped to a prop shop after a few years, |
| 0:38.8 | his advice on trying to build a career as a trader, as well as why he pivoted to IB with an MBA. |
| 0:44.4 | Enjoy. |
| 0:49.7 | Liberal Arts Banker, thanks so much for joining the wall street doaces podcast hey thanks for |
| 0:56.4 | having me so it'd be great if you could just give the listeners a short summary of your bio |
| 0:59.7 | so i've been doing finance for about 15 years now um i started out of undergrad trading |
| 1:08.8 | different kinds of derivatives both in kind of a market-making capacity |
| 1:13.0 | at first and then a proprietary capacity, you know, for a couple years after that. |
| 1:20.3 | Phenomenal timing, you know, if you think back about 15 years ago, to go into trading |
| 1:24.7 | right before the start of the global financial crisis. |
| 1:44.6 | And during that time, I enjoyed trading, but I saw the writing on the wall in terms of, you know, where the trading job market was going, which, you know, obviously had a couple tough years there through the late 2000, you know, single digits and into the early 2010s. |
| 1:49.9 | So it decided it was a good time to go back to business school, got my MBA, you know, |
| 1:54.6 | a top 20 MBA program, not, you know, one of the top three or four, but with a definite eye into going into banking. |
| 1:57.0 | You know, banking from my perspective at the time gave such a wider skill set and a transferable |
| 2:05.4 | skill set and the corporate training to go get many different types of jobs. So everyone agrees |
| 2:11.0 | that traders here. You need to be smart, need to be analytical, you need to be have a great attention |
| 2:15.1 | to detail. You need to be good under pressure but you know |
| 2:19.3 | i didn't even know what ebidat was at the time yeah and it's hard to convince a corporate finance department |
... |
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