Job Description: Junior Analyst
Snap judgments about Wall Street's grueling apprenticeship.
Amid talk of wholesale layoffs as Wall Street course corrects, pressure to perform at Bulge Bracket investment banks has never been greater. (Except on CEOs. With parting gifts in excess of $100 million, failure really is its own reward.) In order to survive, the sector's low-rung foot soldier will have to shine, absorbing the workloads of three of his recently canned peers, briefing traders with only the most pertinent of information and resisting, at all costs, the urge to generate his own trading ideas. At least for now. The resilient junior analyst has a bright future if he can navigate the volatile and mundane with equal aplomb. This, bros, is how it all starts.
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