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

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  • เผยแพร่เมื่อ 12 มี.ค. 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.
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    Sales & Trading in an Investment Bank (Part 1 - Banking Roles Explained)
    #InvestmentBanking #Finance #University #Careers #Students
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ความคิดเห็น • 118

  • @AfzalHussein
    @AfzalHussein  5 ปีที่แล้ว +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!

  • @BrunoLuke
    @BrunoLuke 8 หลายเดือนก่อน +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 8 หลายเดือนก่อน

      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 8 หลายเดือนก่อน

      @@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 8 หลายเดือนก่อน

      @@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 8 หลายเดือนก่อน

      @@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 8 หลายเดือนก่อน

      @@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 ปีที่แล้ว +95

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

    • @AfzalHussein
      @AfzalHussein  5 ปีที่แล้ว +6

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

  • @caseyc1099
    @caseyc1099 5 ปีที่แล้ว

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

  • @raheelsamad3498
    @raheelsamad3498 ปีที่แล้ว

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

  • @charleyluckey2232
    @charleyluckey2232 ปีที่แล้ว +229

    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 ปีที่แล้ว

      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 ปีที่แล้ว

      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 ปีที่แล้ว

      @@martinsriggs2441 Larry Kent Nick Trading

    • @susanbaxtron8422
      @susanbaxtron8422 ปีที่แล้ว

      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.

    • @reginaoscar856
      @reginaoscar856 ปีที่แล้ว

      I have been trading with Mr Larry kent nick for over a year now and he has never given me reason to doubt his proven strategies or his credibility

  • @peterpetram
    @peterpetram 5 ปีที่แล้ว +3

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

  • @yashkabra2989
    @yashkabra2989 5 ปีที่แล้ว +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.

  • @spencerfranklin5743
    @spencerfranklin5743 5 ปีที่แล้ว +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 ปีที่แล้ว

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

  • @lsmith3942
    @lsmith3942 5 ปีที่แล้ว +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 !

  • @user-elias123
    @user-elias123 3 ปีที่แล้ว +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).

  • @sakib611
    @sakib611 3 ปีที่แล้ว +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 😊

  • @780tman
    @780tman 5 ปีที่แล้ว

    Fantastic! thanks for doing this video!

  • @lallbahadoor9579
    @lallbahadoor9579 5 ปีที่แล้ว +2

    Very helpful video👌👌
    Waiting for part 2 !!

  • @jonstuartjon3
    @jonstuartjon3 3 ปีที่แล้ว

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

  • @psiqueira
    @psiqueira 4 ปีที่แล้ว

    Awesome video! Cheers from Brazil.

  • @nabilyousif4509
    @nabilyousif4509 5 ปีที่แล้ว +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

  • @judyl.7811
    @judyl.7811 11 หลายเดือนก่อน

    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.

  • @jxw7196
    @jxw7196 2 ปีที่แล้ว

    Keep up the good work!

  • @strykot100
    @strykot100 5 ปีที่แล้ว +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

  • @alexlum5820
    @alexlum5820 5 ปีที่แล้ว +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 ปีที่แล้ว

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

  • @fishxd7420
    @fishxd7420 5 ปีที่แล้ว +1

    always helpful bro!

  • @rileyheiman1161
    @rileyheiman1161 3 ปีที่แล้ว +1

    Thank you Afzal!

  • @mzk9829
    @mzk9829 5 ปีที่แล้ว +6

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

    • @AfzalHussein
      @AfzalHussein  5 ปีที่แล้ว

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

  • @emano3441
    @emano3441 5 ปีที่แล้ว

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

  • @jessehowe2839
    @jessehowe2839 5 ปีที่แล้ว

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

  • @Levrai10
    @Levrai10 5 ปีที่แล้ว +2

    Learned a lot thank you kind having a bad week

    • @AfzalHussein
      @AfzalHussein  5 ปีที่แล้ว +2

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

  • @kylesummers7478
    @kylesummers7478 5 ปีที่แล้ว +2

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

  • @wisdomsimeon431
    @wisdomsimeon431 4 ปีที่แล้ว +3

    Video on shorting please!

  • @ahmedabdelmoneim7461
    @ahmedabdelmoneim7461 5 ปีที่แล้ว +1

    Good video im waiting for the part2

  • @kebeiloesello9123
    @kebeiloesello9123 5 ปีที่แล้ว +4

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

  • @MN-ok5tp
    @MN-ok5tp 4 ปีที่แล้ว +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.

  • @peterpetram
    @peterpetram 5 ปีที่แล้ว

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

  • @user-cx7te6pl2h
    @user-cx7te6pl2h 5 ปีที่แล้ว

    Awesome video. Could you describe options trading?

  • @ryan_chew97
    @ryan_chew97 4 ปีที่แล้ว +2

    thanks for the video and solid accent.

  • @TheBigBoss2992
    @TheBigBoss2992 5 ปีที่แล้ว +1

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

  • @trapitusaventurez2190
    @trapitusaventurez2190 5 ปีที่แล้ว

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

  • @teddybeadle1243
    @teddybeadle1243 3 ปีที่แล้ว

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

  • @Rob.Ko.
    @Rob.Ko. 5 ปีที่แล้ว

    Please make a video on shorting! Thanks.

  • @enteetne6704
    @enteetne6704 4 ปีที่แล้ว

    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 ?

  • @kieranmckinna768
    @kieranmckinna768 5 ปีที่แล้ว +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 ?

    • @saharshjindal6448
      @saharshjindal6448 5 ปีที่แล้ว

      bro youre working for ole gunnar solksjaer

  • @JJ-se7jy
    @JJ-se7jy 5 ปีที่แล้ว +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

    • @AfzalHussein
      @AfzalHussein  5 ปีที่แล้ว

      Thanks! Added to the list :)

  • @zSkandal
    @zSkandal 5 ปีที่แล้ว +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 ปีที่แล้ว +1

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

  • @chintanshah8002
    @chintanshah8002 3 ปีที่แล้ว

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

  • @emmanuelkapela101
    @emmanuelkapela101 5 ปีที่แล้ว +8

    I might do investment banking when I retire.

    • @AfzalHussein
      @AfzalHussein  5 ปีที่แล้ว +4

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

    • @emmanuelkapela101
      @emmanuelkapela101 5 ปีที่แล้ว

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

  • @emree5962
    @emree5962 5 ปีที่แล้ว

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

  • @amimellamanjose7687
    @amimellamanjose7687 3 ปีที่แล้ว +1

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

  • @isali7578
    @isali7578 2 ปีที่แล้ว

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

  • @nicholas6231
    @nicholas6231 5 ปีที่แล้ว

    sure make a video on shorting!

  • @solomonchilds8574
    @solomonchilds8574 5 ปีที่แล้ว

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

  • @Goldenlion867
    @Goldenlion867 5 ปีที่แล้ว +5

    A video on shorting would be helpful !

    • @AfzalHussein
      @AfzalHussein  5 ปีที่แล้ว

      Will do! Thanks :)

    • @cibulka2005
      @cibulka2005 5 ปีที่แล้ว +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 ปีที่แล้ว

      Great suggestions!

  • @punjab9100
    @punjab9100 5 ปีที่แล้ว

    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 ปีที่แล้ว

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

  • @Levrai10
    @Levrai10 5 ปีที่แล้ว

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

  • @jialincai3744
    @jialincai3744 2 ปีที่แล้ว

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

  • @infomaniac5592
    @infomaniac5592 5 ปีที่แล้ว

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

  • @unknowninfinium4353
    @unknowninfinium4353 5 ปีที่แล้ว

    Could you do a video on city of London?

  • @jonathanlloyd8090
    @jonathanlloyd8090 5 ปีที่แล้ว

    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 ปีที่แล้ว

      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.

  • @Daamthejokes.
    @Daamthejokes. 4 ปีที่แล้ว

    Is finance degree is must to become an equity trader

  • @shubhamraj-jw3xv
    @shubhamraj-jw3xv 3 ปีที่แล้ว

    Diffrence between prop trading and investment banking trading

  • @williammakhetha4083
    @williammakhetha4083 5 ปีที่แล้ว

    I just subscribed

  • @JohnDoe-qe4pq
    @JohnDoe-qe4pq 5 ปีที่แล้ว

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

    • @AfzalHussein
      @AfzalHussein  5 ปีที่แล้ว

      Where?

    • @JohnDoe-qe4pq
      @JohnDoe-qe4pq 5 ปีที่แล้ว

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

    • @Padderrss
      @Padderrss 5 ปีที่แล้ว

      Wtf lol

  • @lmak2122
    @lmak2122 5 ปีที่แล้ว

    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!

  • @abhimanyusagar8716
    @abhimanyusagar8716 4 ปีที่แล้ว +3

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

    • @AfzalHussein
      @AfzalHussein  4 ปีที่แล้ว

      Varies between organisations.

  • @Curbstompextraordinaire
    @Curbstompextraordinaire 4 ปีที่แล้ว

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

    • @kayshiva6616
      @kayshiva6616 4 ปีที่แล้ว

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

  • @win-algo7783
    @win-algo7783 4 ปีที่แล้ว

    Hello do u have working experience in sales and trading?

    • @preetpatel7853
      @preetpatel7853 3 ปีที่แล้ว +1

      i think in asset management

  • @hiteshkamrani50
    @hiteshkamrani50 3 ปีที่แล้ว

    how can we sell our companies to this investment companies

  • @sparshdhanvij8656
    @sparshdhanvij8656 5 ปีที่แล้ว +1

    Road to 10k subs soon.....

    • @AfzalHussein
      @AfzalHussein  5 ปีที่แล้ว

      Thanks to all you amazing subscribers and viewers!

  • @yanat7934
    @yanat7934 5 ปีที่แล้ว +1

    Part 2 plzzz

    • @AfzalHussein
      @AfzalHussein  5 ปีที่แล้ว

      Keep an eye out for it ;)

  • @Kuziai
    @Kuziai 4 ปีที่แล้ว

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

  • @bobbylee1608
    @bobbylee1608 2 ปีที่แล้ว

    🔥🔥🔥🔥👍👍👍👍

  • @yA-yz9ok
    @yA-yz9ok 5 ปีที่แล้ว +1

    Can u do asset management?

  • @infomaniac5592
    @infomaniac5592 5 ปีที่แล้ว

    Short sell🖒

  • @martingale0
    @martingale0 4 ปีที่แล้ว

    888 shit

  • @mzk9829
    @mzk9829 5 ปีที่แล้ว +3

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

    • @AfzalHussein
      @AfzalHussein  5 ปีที่แล้ว +1

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