School: University of Wisconsin-Madison
College Major: Business
Years at College Works: 2016 to 2018
Working For: Barclays Capital
Title: Securitized Products Trading Analyst
Industry: Banking
Securitized products trading is a subset of investment banking. As a Securitized Products Trading Analyst at a global investment bank, I: – Work on pricing, execution, and hedging of new client business -Developing ideas for new products that could be successfully marketed and hedged – Identify trading opportunities among both exotic products and flow rates markets -Determine pricing and hedging methodology for complex, atypical structures – Pursue business by speaking or meeting with clients to discuss objectives and determine risk appetite -Collaborate with research team to develop and refine advanced quantitative pricing and risk management models
What Has Been Your Proudest Accomplishment Post-CWP?Landing my dream job at Barclays!
College Works Painting has challenged me and pushed me to grow more than I thought possible.
One of the questions I was asked in my final round interview was “The other three applicants are from schools like Harvard and Yale. Why should we hire you over them?” I was able to draw on my experience at College Works Painting to answer the question and differentiate myself from the other candidates. Sure, they were from better schools, but I had proven myself in a challenging role with significant responsibilities. If they asked about my leadership style, I could give an example of when I was managing employees on multi-thousand dollar projects instead of just talking about how I was a shift lead at some summer job. If they asked how I prioritized, I’d give an example of how I prioritized the marketing, sales, production, and HR activities at College Works Painting instead of talking about how I prioritized my studying for exams. If they asked about how I worked with others, I’d give an example of working with my clients during their painting project to ensure they were happy with the end result instead of talking about some group project. Having these real world examples set me apart and allowed me to land my dream job,
Sheri Callantine, 2016. It was a pleasure working with you, Sheri! It’s because of people like you who are willing to put their faith in some college student who knocked on their door that this program is able to be success and help other college students like myself. Thanks to you, I was able to succeed in this program and use it land my dream job!
The greatest lesson I learned was how much I could accomplish if I really put my mind to something. Seeing my hard work materialize as more revenue for my business showed me what I’m capable of and made me raise my ambitions.
When I was applying for investment banking jobs, I networked almost exclusively with College Works Painting alumni, who were all extremely helpful and essentially helped coach me through the interview processes. When I had my final round interview at Barclays, there was a big snow storm that evening and my flight was canceled. I was able to stay at a friend’s place, who I met through College Works Painting.
Potential College Works Painting participants–do it. If you’re like me, you’re nervous about the program. You’re scared of the challenge. And you should be–it’s probably the toughest internship in the nation and it was the most challenging thing I’ve ever done up until that point. But no one looks back and thinks, Wow, I wish I didn’t challenge myself and force myself to grow and escape my comfort zone. It’s hard, but that’s what makes it worth doing. Current College Works Painting participants–Keep things in perspective when something goes wrong. Did one of your employees just quit? Is a client unhappy about something? Did you only sell $9,000 of work last week, and your goal was $10,000? Good. Those are temporary problems that can be fixed, but think about where you have to be in life to have those types of problems. Everything you’re working towards now will have a much greater impact on your life than some small setback, no matter how annoying it might be.
You’d develop more skills and to a greater extent in the College Works Painting internship, but an internship in your target industry shows interest in that industry. I’d recommend setting yourself apart by doing the College Works Painting internship, and finding other ways to show employers your interest in the field, such as school organizations or reading books related to your field.
1. Do 3 internships throughout college. Summer jobs don’t count–do something that gives you more responsibility and makes you grow more. Bonus points if you’re able to do extra internships during the school year. 2. Network as much as you can. Half of all investment banking jobs are filled through networking. 3. Apply everywhere to get your name out there–the other half are filled by people just sending in applications. 4. Read books related to the field. Two great books for securitized products would be “Liar’s Poker” and “When Genius Failed.”
This might be pushing the PG-13 rating, but chugging a whole bowl of ghost pepper salsa, then promptly throwing it up and passing out on a random street in Cancun. Good times.