Celebrating 10 years! 2007-2017

Finra v. BB Ibank

I have two offers, one from FINRA and one as a director role aooc2003205/05/17
QoL unless you got some mental defects that make you fit for triplesix05/05/17
Sounds like the easy choice is FINRA especially if it is onl thirdtierlaw05/06/17
Yeah that's what I'm leaning toward but would like to get FI aooc2003205/06/17
Which department of FINRA, and which city? rubbersoul1405/06/17
Washington DC area, OFDMI aooc2003205/06/17
Any thoughts - I know you said in the other post that you wo aooc2003205/06/17
Wow another finra discussion, awesome I'm surprised to hear fompliance205/06/17
Yeah it is, the bonus FINRA offered is actually bigger. I h aooc2003205/06/17
What do lps and mm/ma mean? rubbersoul1405/07/17
It depends how you want it and the circumstances. Great sala groundlegal24305/07/17
Lps - low prices securities Ma market abuse Mm market ma fompliance205/10/17
The particular bulge bracket I have the offer from has some aooc2003205/10/17
Ah ok I think I know what bank it is- I'm assuming the role fompliance205/10/17
aooc20032 (May 5, 2017 - 9:30 pm)

I have two offers, one from FINRA and one as a director role in risk operations at a BB I-bank. The BB job pays 10-15k more but is a much longer commute, longer hours. Which one should I go for?

Reply Like (0)
triplesix (May 5, 2017 - 9:35 pm)

QoL unless you got some mental defects that make you fit for wasting time commuting and unnecessary stress for cash you will like waste drinking and eating out bc you won't feel like doing any errands bc you don't get any time for yourself.

Reply Like (0)
thirdtierlaw (May 6, 2017 - 8:50 am)

Sounds like the easy choice is FINRA especially if it is only a 15k difference in pay. You'll have plenty of exit options if you decide to leave FINRA.

Reply Like (0)
aooc20032 (May 6, 2017 - 10:26 am)

Yeah that's what I'm leaning toward but would like to get FINRA up 2-3K in salary so it fits the budget for my family

Reply Like (0)
rubbersoul14 (May 6, 2017 - 11:08 am)

Which department of FINRA, and which city?

Reply Like (0)
aooc20032 (May 6, 2017 - 11:11 am)

Washington DC area, OFDMI

Reply Like (0)
aooc20032 (May 6, 2017 - 5:51 pm)

Any thoughts - I know you said in the other post that you worked there now

Reply Like (0)
fompliance2 (May 6, 2017 - 11:18 am)

Wow another finra discussion, awesome
I'm surprised to hear the BB offer is only 15k more, is that bonus included?

Ofdmi is a great area for exit ops, going to be doing a lot of lps and mm/Ma work, I get something from them almost every week where u coming from currently ?

Reply Like (0)
aooc20032 (May 6, 2017 - 11:30 am)

Yeah it is, the bonus FINRA offered is actually bigger. I haven't negotiated with the BB yet, I think there may be some flexibility on both salary and bonus.

That's good to hear about OFDMI - I'm looking after to either jump to a VP level at a BB or go to an agency (SEC/CTFC etc.) I'm coming from a mid size asset management firm where I've done regulatory compliance work for a few years.

Reply Like (0)
rubbersoul14 (May 7, 2017 - 8:51 am)

What do lps and mm/ma mean?

Reply Like (0)
groundlegal243 (May 7, 2017 - 7:30 am)

It depends how you want it and the circumstances. Great salary is not great always.

Reply Like (0)
fompliance2 (May 10, 2017 - 7:13 am)

Lps - low prices securities
Ma market abuse
Mm market manipulation

OP I'm confused - you have a director role offer from a BB ( I assume bb is bulge bracket?) but you're going to finra with the hopes of a VP spot as the exit op, every BB has VP below director... Is director title a functional title and not the Corp title?

Reply Like (0)
aooc20032 (May 10, 2017 - 4:56 pm)

The particular bulge bracket I have the offer from has some director roles between associate and vp. Executive director is above vp. It's definitely a firm wide level and not just a functional title.

Reply Like (0)
fompliance2 (May 10, 2017 - 11:40 pm)

Ah ok I think I know what bank it is- I'm assuming the role is in jersey I lnow a good amount of AML people there if it's the bank I'm thinking,
Btw I had a chance to talk to Susan axl a few months ago she's tough

Reply Like (0)
Post a message in this thread