BANKING: FUNCTIONS
front of computer screens watching the
price movements of stocks, bonds,
KETUL NANDANI, CFA
commodities and other fi nancial
instruments. Th ey also have to keep one Title: Business Development,
eye on the Reuters or Bloomberg screens
Nordic Region
to monitor the impact of breaking news
Current employer:
on the mood of the markets. For
Scottish Widows Investment
Partnership
example, in this post credit crunch world,
Previous employer:
a bank not meeting analysts’ expectations
Nordea Investment Management
can send stock prices spiralling University: Gothenburg School of
downwards while above target profi ts can Economics and Commercial Law
send them in the opposite direction. Degrees: Masters in Finance
As for the sales/trader, there is a view Professional qualifi cations:
in the industry that they are gradually
CFA
being phased out especially with the
increasing use of direct market access ad
What attracted you to this career path?
algorithms. For now, they are part of the
I fi nd this to be a very interesting and dynamic fi eld where new
investment banking fabric but it is
ideas are being generated every day. It’s very stimulating to be
uncertain as to how long their role will
a part of a profession where we put forward fi nancial solutions
exist. Hesketh says, candidates must be
to institutional investors with the belief that we will add value.
“numerate, analytical and have the ability
to interpret data accurately. Equally as
What are the major challenges you face in your position?
important they must be able to work in a
Getting to grips with and fully understanding new products and
buzzing environment, be able to manage
solutions that fulfi l our clients’ requirements. Sometimes your
pressure and be a strong team player.”
Cg
results are dependent on external factors, such as market and
economic conditions, which affect the general sentiment of
investors and their willingness to invest.
Are there certain skills you would consider useful for your
“Candidates must be
job?
A good understanding of how global fi nancial markets work is
essential. As is the ability to understand and adapt to the
numerate, analytical and have
constantly changing environment which investors are facing. It
is useful to be inquisitive and pay attention to detail, along with
the ability to interpret data
being extremely persistent.
How do you think the role you’re in now will change over
accurately. Equally as
time?
As investors become more sophisticated and more products
cater for them, you need to keep up to date.
important they must be able
Do you have advice for someone intending to pursue the
to work in a buzzing
same career path?
One should get a good degree, including the CFA. Choose an
employer who will give you a broad role with responsibilities.
environment, be able to
Build a network within the industry as the people you meet
early, you will meet again further down the road.
manage pressure and be a
strong team player”
Matthew Hesketh, Morgan McKinley
WWW.CFAUK.ORG CAREERS GUIDE 2009 73
558-78 investment banking.indd 738-78 investment banking.indd 73 222/11/08 12:23:072/11/08 12:23:07
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60 |
Page 61 |
Page 62 |
Page 63 |
Page 64 |
Page 65 |
Page 66 |
Page 67 |
Page 68 |
Page 69 |
Page 70 |
Page 71 |
Page 72 |
Page 73 |
Page 74 |
Page 75 |
Page 76 |
Page 77 |
Page 78 |
Page 79 |
Page 80 |
Page 81 |
Page 82 |
Page 83 |
Page 84 |
Page 85 |
Page 86 |
Page 87 |
Page 88 |
Page 89 |
Page 90 |
Page 91 |
Page 92 |
Page 93 |
Page 94 |
Page 95 |
Page 96 |
Page 97 |
Page 98 |
Page 99 |
Page 100