Quote:
Originally Posted by Unregistered
I did my internship in JP Morgan ops back in 2016. KYC? Will be automated. Equity sales? You kidding bro? You do know you aren't actually doing the sales. Stop lying to yourself. You're just double checking credit limits, executing the trade and consolidating reports.
Ops is back end and will be offshored from Singapore. it will be dead end in 5-10 years time.
In terms of prestige, both are prestigious enough. MAS, if supervision role, probably can jump to compliance roles? If policy dept, can progress further. Maybe end up in politics.
Anyhoo, both seem like back office roles to me so just flip a coin and move on. |
IMO front office middle office or back office is not that important. Job satisfaction is not just determined by whether you do sales or ops or controls. You can have as much fun doing risk models, stress testing, or checking whistleblowing cases as compared to trading, doing sales, or visiting clients as an RM. It depends on what you enjoy doing.
But do bear in mind that most people's careers are determined by what they start doing. Somebody in Ops can transition to sales but it's not easy. Someone doing Ops generally will stay in Ops for long term.
Hence, it is important to consider the long-term aspects of the role. Automation does not just affect Ops, it affects trading as much. So other than job satisfaction, do think long term whether the job will still be around in the future. Be it outsourcing or automation.