Question by Future Trader?: What are the job functions of a corporate banker? Risk assessement? Treasury?
I am a fresh graduate and now deciding whether to join the financial service sector or research firm, so just need some info on corporate banking. Please be specific like describing the divisions and job functions and responsibilities. Thanks a lot for the help, whoever you are. My future depends on it!
Best answer:
Answer by blue.financer
-Sector profile
http://news.efinancialcareers.com/SECTOR_PROFILE_ITEM/newsItemId-5499
-Analysts usually start off with credit analysis. This involves looking over balance sheets and determining whether the client will follow through with paying back. Specifically, you’re looking at coverage and leverage ratios and measuring the likelihood of default.
Corporate bankers typically focus on the securitization process (that involves alot of assets and divides them up into tradable shares) and the issuance of large loans. Such can be used for project finance. Among other things, you’ll have exposure to hedging against foreign exchange risk and managing international systems of payment.
Treasury Management (from London School of Economics):
“To plan, organise and control cash and borrowings so as to optimise interest and currency flows, and minimise the cost of funds. Also to plan and execute communications programmes to enhance investors confidence in the firm.”
Add your own answer in the comments!
