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11-10-2007, 07:58 PM
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457
$100k/year working merely as an "assistant"?!
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12-10-2007, 07:03 AM
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458
If you have noticed the requirements, it is said to be "Good Degree from a reputable university", which I interpret as "Good Degree from an Ivy League"
Anyway, good senior private bankers need more than 3 - 5 years of experience. It's no wonder they are paying that much, so as to groom this assistant into a private banker himself.
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12-10-2007, 06:23 PM
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459
jiante, why would Ivy Leaguers settle for an assistant position? Those without scholarship bonds would have easily gotten investment banking jobs. Those who have finished serving bonds may shoot for this job, but the biggest stumbling block for them is that they lack relevant experience (what they have is 6 to 8 years worth of mostly unrelated experience). Maybe those returning on mom-pop scholarships from decent b-schools are likely candidates.
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11-01-2008, 02:29 AM
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738
It states you need strong understanding of financial products. This shows they are not looking for the average admin assistant. Probably groomed to be a private banker in time to come.
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18-04-2008, 03:58 PM
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1415
True.
I guess they have the intentions to groom this Assistant to eventually a Private Banker. What the labour market is lacking now is the shortage between the right kind of talent for the job and what is out there.
To the right candidate: the job might not be that interesting as he/she has already done that. that is why companies has to evolve and make the role interesting. This can be achieved in terms of making the environment cohesive and fun to work in.
Unless it's a sales role, i guess to motivate solely by monetary terms.. it's quite hard to retain.
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17-05-2008, 08:21 PM
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1670
Don't look down on secretaries. The most senior people in Governments are also called Secretaries. US Secretary of State for e.g.
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