Originally Posted by Unregistered

Nonsense. Ivy league and even double fch local grads will not join a local bank, even its front office, for the simple reasons that they don't pay as well as the bulge brackets (and even many international banks) and progression is based more on length of employment than performance. It is not easy to move from the back to middle office. Back office ops work is very manual and brainless, while middle office work usually requires abit more thinking and risk management. Ops is a dead end, local bank or not.