What is expected of you as an investment banker?

1. What is expected of you as an investment banker? Working for one of the leading investment banking companies in India is a dream for banking and finance graduates. Investment banking is not a cake walk. It is demanding and taxing for the person who deals in it, the investment banker. It does have the glamour and suits as shown on various entertainment platforms, but what isn’t always rightly shown is the hard work and struggle that a person needs to go through to prove his or her credibility as a successful investment banker. Investment banking requires the candidate’s perseverance and determination to make it great in the business. Just having a good knack of numbers isn’t going to be sufficient. Along with that, they need to be perceptive and critical thinkers, in order to be able to take quick decisions on behalf of their clients. This ability to take quick decisions comes only with time and immense experience. A regular study of the markets and market situation is important to be a success in this field. Moreover, they also need to be able to identify the potential high shooters for their clients, investments that will place them high above their competitors. More often than not, they also need to look over some day to day performance of their client’s portfolio, help them in underwriting and also look over major mergers and acquisitions, especially in laying down the terms and conditions for the same. It is their duty to protect their clients from falling into any kind of attractive offers that might only be a threat in appealing disguise. Investment bankers also need to have good connections and a network of contact in order to help their clients in raising capital and money for their business. With that, they help their esteemed clients in getting credit solutionsfor their credit management concerns as well. It isn’t known as one of the most complex financial systems in the world for nothing. An investment banker is required to be on his or her toes with information ready at their disposal at any time of the day. This includes long working hours and almost negligible social life in the beginning of the journey to become a successful investment banker. As you go up the ladder in terms of responsibilities that you handle, you can start to ease out a bit. But this again, takes quite some time to achieve. Another route that is usually considered by finance and accounting graduate is that of wealth management. But working for any of the wealth management firms does not ease out your role as a financial advisor either. In fact, it comes with a greater responsibility of keeping your client afloat even during tough markets, such as ones www.avendus.com

2. that the world is facing today amidst the COVID-19 pandemic. Many clients tend to panic and wish to sell their assets and investments when the market crashes and keeps going down. However, a wise advisor knows that this is the right time for their investorto buy assets than sell them, because once the markets go up, they will have immense value. www.avendus.com