Sales & Trading in an Investment Bank (Part 1 - BANKING ROLES EXPLAINED)

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  • Опубліковано 12 бер 2019
  • Please hit ‘like’ and subscribe if you enjoyed this video.
    TIMESTAMPS
    01:36 Sales roles (primary responsibilities)
    02:10 Sales roles (how they’re split)
    04:18 Sales roles (wining & dining)
    04:48 Traders (market-making)
    05:24 Traders (proprietary trading)
    06:30 Trading (hours)
    08:02 Trading (differing roles)
    Business enquiries: info@afzalhussein.com
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    PLEASE LEAVE VIDEO SUGGESTIONS/IDEAS AND QUESTIONS IN THE COMMENTS BELOW.
    I like sharing practical, helpful and easy to understand advice on how to get the career of your dreams whether you're a student, graduate or experienced professional.
    Careers can be tricky. I want to change that.
    Make sure to hit the subscribe button to watch new videos every Wednesday!
    My personal website: www.afzalhussein.com
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    Intro music: goo.gl/qN1M5t
    Sales & Trading in an Investment Bank (Part 1 - Banking Roles Explained)
    #InvestmentBanking #Finance #University #Careers #Students
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КОМЕНТАРІ • 117

  • @AfzalHussein
    @AfzalHussein  5 років тому +8

    Please feel free to like, comment and share this video so more students can benefit from its content! :) Oh, and SUBSCRIBE too for weekly videos!

  • @charleyluckey2232
    @charleyluckey2232 2 роки тому +227

    This is a great video, I learn alot watching your videos and it has been helpful to me. Trading crypto is quite difficult for newbies. Thanks to Mr Larry Kent Nick for improving my portfolio.keep up with the good videos.

    • @fosterwhales1027
      @fosterwhales1027 2 роки тому

      I invest with Mr. Larry kent nick too, he charges a 20% commission on profit made after every trading session which is fair compared to the effort he put in to make huge profits

    • @martinsriggs2441
      @martinsriggs2441 2 роки тому

      This is not the first time I am hearing of Mr Larry kent and his exploits in the trading world but I have no idea how to reach him

    • @charleyluckey2232
      @charleyluckey2232 2 роки тому

      @@martinsriggs2441 Larry Kent Nick Trading

    • @susanbaxtron8422
      @susanbaxtron8422 2 роки тому

      wow!, i see Larry's good deeds is speaking for him, Mr kent earned my trust since December last year till now, when my colleague got paid after investing USD 2300....and since then i tried and have been enjoying the crypto money.

    • @martinsriggs2441
      @martinsriggs2441 Рік тому

      Few weeks with him and I've made up for all my losses, his strategies are fantastic

  • @BrunoLuke
    @BrunoLuke 10 місяців тому +100

    The collapse of Margin debt leads to a decrease in stock prices and trigger a wave of selling as investors try to cover their losses, Buying a stock is easy, but buying the right stock without a time-tested strategy is incredibly hard. Hence what are the best stocks to buy now or put on a watchlist? I’ve been trying to grow my portfolio of $145K for sometime now, my major challenge is not knowing the best entry and exit strategies ... I would greatly appreciate any suggestions

    • @MarcelPhilips
      @MarcelPhilips 10 місяців тому

      I'll suggest you find a mentor or someone with experience guide you especially in this recession. especially for your 401K, IRA and portfolio diversification.

    • @BrunoLuke
      @BrunoLuke 10 місяців тому

      @@MarcelPhilips I agree, I thought I was doing alright profit wise, until I needed assistance with diversification, I reached out to a financial advisor and in less than a year I was just $51,000 shy away from $640k which is like 7x more than I make on my own..

    • @MarcelPhilips
      @MarcelPhilips 10 місяців тому

      @@BrunoLuke I've been thinking of going that route been holding on to a bunch of stocks that keeps tanking and I don't know if to keep holding or just dump them, think your Inv-coach could guide me with portfolio-restructuring..

    • @BrunoLuke
      @BrunoLuke 10 місяців тому

      @@MarcelPhilips I've shuffled through a few advisors in the past, and KRISTIN GAIL CUNNINGHAM remains the most resourceful thus far. Her strategy proves profitable, and sustainable both in a bull & bear market. Most likely, her deets can be found on the net, so you can confirm yourself.

    • @MarcelPhilips
      @MarcelPhilips 10 місяців тому

      @@BrunoLuke I just looked her up on the internet and looked into her credentials. I wrote her a letter outlining my financial objectives and planned a call with her

  • @ACEyoutubeCHANNEL
    @ACEyoutubeCHANNEL 5 років тому +95

    Learned a lot from this! Could you do a video like this on asset management soon?

    • @AfzalHussein
      @AfzalHussein  5 років тому +6

      Will do. Judging by the 'likes' on your comment it seems like it's in demand :)

  • @raheelsamad3498
    @raheelsamad3498 Рік тому

    Dear Afzal , i have been watching some of your videos and you are an excellent speaker ,best regards

  • @peterpetram
    @peterpetram 5 років тому +3

    You answer alot of questions i was looking forward to learn.

  • @spencerfranklin5743
    @spencerfranklin5743 5 років тому +3

    I really enjoy your videos, very informative and you really help break down the jargon used in the financial workplace. Also, I would like a video on shorting please. Thank you very much!! Keep up the great work.

    • @AfzalHussein
      @AfzalHussein  5 років тому

      Hey, thanks! Much appreciated and glad you're enjoying the content. I've added the shorting video to the 'to create' list :)

  • @caseyc1099
    @caseyc1099 5 років тому

    Thanks for your video. It's very helpful that you explained these roles in detail. Could you please upload Part 2 asap please?

  • @780tman
    @780tman 5 років тому

    Fantastic! thanks for doing this video!

  • @lallbahadoor9579
    @lallbahadoor9579 5 років тому +2

    Very helpful video👌👌
    Waiting for part 2 !!

  • @sakib611
    @sakib611 3 роки тому +3

    Thanks for the valueable video
    As a fx trader it helps me a lot.
    Wish i could sit on trading floor as an asset manager on those big institution 😊

  • @yashkabra2989
    @yashkabra2989 5 років тому +1

    Hi Afzal, you are doing a great job by giving all of us these practical insights of financial services industry.
    I have recently cleared my CFA LEVEL 1 exams. I am currently preparing for my CFA LEVEL 2 exams in June 2019.
    Would like to know about the role of Research Department in an Investment Bank and how it is integrated with sales and Trading department?
    I would really appreciate if you can throw some colour on the Investment Management industry in your forthcoming videos. As I am doing CFA [US], practical insights on the Global Investment Management industry would be really valuable for me.
    Thanks,
    Keep up the good work.

  • @lsmith3942
    @lsmith3942 5 років тому +5

    Great video I subbed
    Could you do a more in depth into trading and structuring as guessing it’s more technical than sales to understand without exposure
    Keep it up !

  • @psiqueira
    @psiqueira 4 роки тому

    Awesome video! Cheers from Brazil.

  • @rileyheiman1161
    @rileyheiman1161 3 роки тому +1

    Thank you Afzal!

  • @fishxd7420
    @fishxd7420 5 років тому +1

    always helpful bro!

  • @jxw7196
    @jxw7196 2 роки тому

    Keep up the good work!

  • @mzk9829
    @mzk9829 5 років тому +6

    A video on how you set up your holding company will be very helpful !

    • @AfzalHussein
      @AfzalHussein  5 років тому

      It's pretty simple. If you're in the UK explore this link: www.gov.uk/government/organisations/companies-house

  • @jonstuartjon3
    @jonstuartjon3 3 роки тому

    Excellent video!! Did Part 2 ever come out? Haven't been able to find it.

  • @user-elias123
    @user-elias123 3 роки тому +1

    Great video Afzal. It would be great if you could make a video on breaking into sales&trading from other indistrues with several years of experience (what steps should be taken and what skills are required). Is it even possible? I see that most financial careers (IB, trading, even consulting) hire fresh graduates and it is harder to get in if you are, let's say, 3-4 years out of school and working in a different industry (although you have a degree in Finance).

  • @Levrai10
    @Levrai10 5 років тому +2

    Learned a lot thank you kind having a bad week

    • @AfzalHussein
      @AfzalHussein  5 років тому +2

      Hey! Much appreciated. Onwards and upwards. You got this! 👊🏼

  • @judyl.7811
    @judyl.7811 Рік тому

    0:22 what does S&T entail?
    sales is with calls the clients.
    2:15 can be split to clients, regions, and products/ asset classes.

  • @alexlum5820
    @alexlum5820 5 років тому +2

    Love your videos. Thank you for sharing. I am curious to know does proprietary trading desk still exist in large investment banks like Goldman Sachs etc.? Because I heard that it has been banned

  • @Youholdmenow
    @Youholdmenow 3 роки тому

    Ooh would be interested to see a video on shorting and equity swaps

  • @strykot100
    @strykot100 5 років тому +1

    Awesome video learned alot! I'm very intrested in starting working for a hedge fund...what is the best path? From the ib division or sales and trading or asset management. Thanks for your help

  • @nabilyousif4509
    @nabilyousif4509 5 років тому +2

    Hey, what is the best way to get into sales and trading. What job role do you have to apply for and what qualifications/previous experience do you need

  • @ryan_chew97
    @ryan_chew97 4 роки тому +2

    thanks for the video and solid accent.

  • @ahmedabdelmoneim7461
    @ahmedabdelmoneim7461 5 років тому +1

    Good video im waiting for the part2

  • @kylesummers7478
    @kylesummers7478 5 років тому +2

    Wow. Great video! You divulged a lot of great information.

  • @kebeiloesello9123
    @kebeiloesello9123 5 років тому +4

    Learnt a lot from this - I am actually intrigued by how you are going to classify a quant.

  • @user-cx7te6pl2h
    @user-cx7te6pl2h 5 років тому

    Awesome video. Could you describe options trading?

  • @MN-ok5tp
    @MN-ok5tp 4 роки тому +1

    So if we r in the sales job, who pays for relationship building with clients like wine and dine or a sporting event. We ourselves or the bank ? .......And ur videos r very helpful so keep up the good work.

  • @wisdomsimeon431
    @wisdomsimeon431 5 років тому +3

    Video on shorting please!

  • @jessehowe2839
    @jessehowe2839 5 років тому

    Great video . What is the difference between a normal bank and a private bank?

  • @emano3441
    @emano3441 5 років тому

    Would be interesting to know which desks have been paying the highest compensation recently!

  • @TheBigBoss2992
    @TheBigBoss2992 5 років тому +1

    just wondering if a sales role in an asset management company is basically the same thing if not how is it different?

  • @emmanuelkapela101
    @emmanuelkapela101 5 років тому +8

    I might do investment banking when I retire.

    • @AfzalHussein
      @AfzalHussein  5 років тому +4

      😄 Great hat-trick last night against Athletico 🙌🏼😉

    • @emmanuelkapela101
      @emmanuelkapela101 5 років тому

      @@AfzalHussein they should just give me the champions league trophy already.

  • @teddybeadle1243
    @teddybeadle1243 3 роки тому

    Could the different trading styles be explained as swing or day trading vs long term value investing?

  • @peterpetram
    @peterpetram 5 років тому

    Can you please talk more about Market Making? There is a misconception about it in forex trading.

  • @JJ-se7jy
    @JJ-se7jy 5 років тому +2

    Great video as always, could you please do a video on the future jobs of investment banking, are they going to be automated? How hard will it be to land a job in the future? Thanks

  • @Rob.Ko.
    @Rob.Ko. 5 років тому

    Please make a video on shorting! Thanks.

  • @trapitusaventurez2190
    @trapitusaventurez2190 5 років тому

    could you also discuss the differences in salaries, is it true that traders make the most money in IB

  • @emree5962
    @emree5962 5 років тому

    Could you make a video on FX Options and/or Futures

  • @kieranmckinna768
    @kieranmckinna768 5 років тому +6

    Great video again.
    Question 1:if you failed to secure summer internships at bulge bracket banks but were still aiming to apply for a grad scheme at one of these what are the best ways to maximize your chances?
    Question 2: as a lower sixth student what can I being doing to strengthen my future application ?

  • @Goldenlion867
    @Goldenlion867 5 років тому +5

    A video on shorting would be helpful !

    • @AfzalHussein
      @AfzalHussein  5 років тому

      Will do! Thanks :)

    • @cibulka2005
      @cibulka2005 5 років тому +2

      @@AfzalHussein Would love to see it too please. Who does not love "The Big Short". Maybe to explain short using 2008 housing market would be great and how credit swaps work. Thank you mate.

    • @AfzalHussein
      @AfzalHussein  5 років тому

      Great suggestions!

  • @isali7578
    @isali7578 2 роки тому

    what is the business management global distribution for S&T team at the bank? any skill sets needed? Thnank you!

  • @williammakhetha4083
    @williammakhetha4083 5 років тому

    I just subscribed

  • @nicholas6231
    @nicholas6231 5 років тому

    sure make a video on shorting!

  • @zSkandal
    @zSkandal 5 років тому +2

    can you explain the differences between a prop. desk trader and a market maker ? Are there any intersections ? And what steps do you get through to get a Trader ? Is it helpfull to build a track record while you are still at university ?
    p.s. Love your insights🤗
    Regards

    • @zSkandal
      @zSkandal 5 років тому +1

      and btw. is it true that 80% of a traders time is spended by market making ?

  • @amimellamanjose7687
    @amimellamanjose7687 3 роки тому +1

    Do banks teach their employees how to trade if they are in sales and trading?

  • @unknowninfinium4353
    @unknowninfinium4353 5 років тому

    Could you do a video on city of London?

  • @jialincai3744
    @jialincai3744 2 роки тому

    great videos! btw whats ur mbti? would you be interested in making a video on mbti & roles haha

  • @enteetne6704
    @enteetne6704 4 роки тому

    If you're a sales person, you sell derivates, stocks and bonds to clients. In the case of a derivate, against who are your clients betting ? Against the investment bank ? Against other clients ? In trading, you try to create value for the investment bank by buying derivates, stocks and bonds for the bank and not for a client, is that right ?

  • @chintanshah8002
    @chintanshah8002 3 роки тому

    Hi , have two years of training experience but I don't have a financial background so, How do I get into professional trading floor?

  • @infomaniac5592
    @infomaniac5592 5 років тому

    sir please tell about
    Quant traders..
    can retail traders can surview

  • @shubhamraj-jw3xv
    @shubhamraj-jw3xv 3 роки тому

    Diffrence between prop trading and investment banking trading

  • @solomonchilds8574
    @solomonchilds8574 5 років тому

    What are the big proprietary trading firms in the uk? Thanks

  • @Levrai10
    @Levrai10 5 років тому

    What do you think of AI and Trading. Do you think traders will be replaced by robots

  • @jonathanlloyd8090
    @jonathanlloyd8090 5 років тому

    Do these roles all have the same level of prestige? or would there be higher requirements for the traders? I assume that they would because they take more risk.
    The second question, is my current university choices are Southampton/Bristol for my firm (still can't decide) and my insurance is reading. If I somehow mess up my exams, would Reading still be a good enough university or would I have to retake my A-levels?

    • @morganhunt4964
      @morganhunt4964 5 років тому

      Jonathan Lloyd a number of investment banks only accept first attempts when screening CVs so if you mess up that much it may not be worth resitting. Bristol would be better than Southampton.
      At the end of the day university prestige is only one part of the puzzle. If you take the right opportunities and network correctly you’re in with a shot.

  • @lmak2122
    @lmak2122 5 років тому

    Hey Afzal, learned alot thanks! Can you do a video on what the ambiance looked like in investment banks? Is it like how the movies portray it or is it really quiet and professional? I think that one could be one of your most watched videos!

  • @punjab9100
    @punjab9100 5 років тому

    Hi Mr Hussein what I'm trying to get my head around is why do banks need more traders. At the end of the day is it not just a person on a desk looking at data and making guesses. If so why would a bank choose me over anyone else. Do they teach you how to analyse data and make predictions? Many thanks in advance for answering my queries

    • @morganhunt4964
      @morganhunt4964 5 років тому

      It’s not really a guess it’s a highly educated guess and yes you will go through training of some description

  • @Daamthejokes.
    @Daamthejokes. 5 років тому

    Is finance degree is must to become an equity trader

  • @yanat7934
    @yanat7934 5 років тому +1

    Part 2 plzzz

  • @JohnDoe-qe4pq
    @JohnDoe-qe4pq 5 років тому

    0:20 is that an i8 in the background? that's my dream car man.

    • @AfzalHussein
      @AfzalHussein  5 років тому

      Where?

    • @JohnDoe-qe4pq
      @JohnDoe-qe4pq 5 років тому

      @@AfzalHussein it's the background noise, it makes that sound when you push to start lol

    • @Padderrss
      @Padderrss 5 років тому

      Wtf lol

  • @sparshdhanvij8656
    @sparshdhanvij8656 5 років тому +1

    Road to 10k subs soon.....

    • @AfzalHussein
      @AfzalHussein  5 років тому

      Thanks to all you amazing subscribers and viewers!

  • @bobbylee1608
    @bobbylee1608 2 роки тому

    🔥🔥🔥🔥👍👍👍👍

  • @abhimanyusagar8716
    @abhimanyusagar8716 5 років тому +3

    Do we need to submit CV n cover letter together or separately... kindly reply

  • @win-algo7783
    @win-algo7783 4 роки тому

    Hello do u have working experience in sales and trading?

  • @Kuziai
    @Kuziai 4 роки тому

    Prop trading is the place to be if you want to make money

  • @Curbstompextraordinaire
    @Curbstompextraordinaire 5 років тому

    Do you think traders will be 100% taken over by computers for clients to get the securities they want?

    • @kayshiva6616
      @kayshiva6616 5 років тому

      VisiualProwess Jamie dimon announces this quite a while ago as a near future plan which will be soon executed for jpmorgan

  • @hiteshkamrani50
    @hiteshkamrani50 3 роки тому

    how can we sell our companies to this investment companies

  • @infomaniac5592
    @infomaniac5592 5 років тому

    Short sell🖒

  • @yA-yz9ok
    @yA-yz9ok 5 років тому +1

    Can u do asset management?

  • @martingale0
    @martingale0 4 роки тому

    888 shit

  • @mzk9829
    @mzk9829 5 років тому +3

    A video on how you set up your holding company will be very helpful !

    • @AfzalHussein
      @AfzalHussein  5 років тому +1

      It's pretty simple. If you're in the UK explore this link: www.gov.uk/government/organisations/companies-house