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re: Career in banking
Posted on 4/9/13 at 2:15 pm to Tiger4Ever
Posted on 4/9/13 at 2:15 pm to Tiger4Ever
quote:
Check into being a bank examiner for the fedgov...pay and benefits are legit, regulation isn't going anywhere, and you'll either like it and make it a career or make tons of contacts and end up in the private sector side of things as a banker or consultant.
That's where I started back in the 70's - as an Assistant Bank Examiner in the FDIC's Orlando Field Office. The "tons of contacts" statement is no exaggeration. By my 3rd year with them, all of us in the office were receiving job solicitations at the rate of one every 60 days from the banks we had examined. I accepted one of them and never looked back.
2
Posted on 4/9/13 at 3:23 pm to NHTIGER
quote:
Intern every summer you can, get into a training program with a bank. In Nola, Whitney, Cap One, Iberia, and Chase all have one.
This is exactly what I'm doing/did. They offer rotation programs where you get to see different lines of work within the bank. For example: CRE, energy banking (mainly in Houston), leverage finance, treasury management, capital markets, and some underwriting.
Posted on 4/9/13 at 3:31 pm to NHTIGER
Thread hijack:
NHTIGER, what is your take on the prospects of landing a bank examiner job with a law degree? It seems like a lot of work examiners do is compliance related, I could see a law degree being useful. Thoughts?
NHTIGER, what is your take on the prospects of landing a bank examiner job with a law degree? It seems like a lot of work examiners do is compliance related, I could see a law degree being useful. Thoughts?
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