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INTERN DIARY: In the second week, I have been moved to the kind of desk I was supposed to have been on from the start

I began this week feeling considerably more optimistic than I ended the last one. The weekend break put me in a better mood and back on track with my mission to get a grad offer. Fortunately for me, luck was on my side, and my buddy informed me that I would be moving to an actual markets desk with immediate effect.

It seemed my persistent badgering and obvious dissatisfaction with being placed on a risk desk had paid off, and HR had finally decided to switch me to something bearing a closer resemblance to the area I’d applied to. Within 15 minutes I was sitting in a conference room with the one of the bank’s top commodities research analysts. She gave me a 4 hour crash course on the subject.

If this wasn’t exciting enough, I also got to spend a day towards the end of the week at a conference with my buddy and MD. This consisted of a series of talks on individual asset classes by the bank’s top research analysts from all around the world; it was definitely interesting although a record number of coffees were required to stay awake!

Just when I began to dig into the 5* lunch they had prepared for us and thought it couldn’t get any better, clients began to approach me because of my staff badge I was required to wear. I ended up talking to a Director from one of the world’s biggest sovereign wealth funds, and countless other important people, all of whom asked me numerous questions on the markets. Fortunately, I’d skimmed through the FT the night before, so I was able to hold a conversation with them.

This week, I was also given my first project, a kind of data gathering exercise for traders. At first this went swimmingly, although I then hit a dead end. Fortunately, the analyst who’d set the project was out of the office, giving me a chance to investigate further.

On Friday morning, my new buddy (the junior on the desk) surprised me and told me to write the morning report which is sent out to the bank’s clients all round the world. To top this off he gave me a deadline of 15 minutes to get it into his inbox. I frantically pulled myself together and submitted something which I hoped would be acceptable. To my surprise, my manager absolutely loved it and decided not to even edit my first attempt.

Before I knew it, Friday afternoon was upon me and the trading floor emptied out quicker than the England fans after their defeat to Germany! All in all I was pretty happy with the way this week turned out.

Comments (4)

  1. Well done.. glad to hear you are doing well. Keep up the good work.

  2. I don’t know where you are working but if they give the morning comment to a grad intern after 2 weeks without even editing it then : either the bank is seventh-tier, either you are showing off, either they know nobody reads it anyway so who cares, but in any case if i knew which bank you work for i would never read their comments anymore!

  3. Dude, stop hating and let the guy enjoy his moment of victory!

  4. @frenchie

    I’t not against hime: i just don’t get how a bank can do this, it’s not at all professional in my view. And i don’t think the cquality of his comment has anything to do with the fact that they let it be published without comment: they were just to lazy to change anything! A vaincre sans péril, on triomphe sans gloire

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