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    Hi, I have recently been offered positions for Treasury in Barclays and Product Control in JP Morgan but am pretty turn between the two.
    Could someone who has experience or knowledge in either please share their thoughts?
    I am interested in knowing the difference in Work Style, Working Hours, Earning Potential, Career Paths, Work Life balance and company culture in both if possible.

    By my knowledge, the Treasury role is all about Capital and Liquidity management, with an opportunity to work in Capital Market Execution and Money Markets (which in some way is close to FO).

    Product Control on the other hand ive heard mixed opinions. I hear it can be repetitive with long hours as they work with FO traders to daily P&Ls etc. However, for PC in JP, it will be a direct hire as opposed to a graduate role (how might this compare/may I miss out on a lot?)

    On a company basis I would prefer JP Morgan, but if treasury has the exact same earning/career potential and less repetitive work nature, I may favour Barclays.

    Thanks in advance for a response to any section
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    PS. Barclays would offer around £35k starting. Im unaware of what it is for JP yet, but my general research tells me between 30-50k. If anyone knows what they are down the line it will be really helpful.

    PSS. I study accounting and finance but would be interested interaction with financial markets as opposed to auditing.
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    (Original post by Faridk)
    PS. Barclays would offer around £35k starting. Im unaware of what it is for JP yet, but my general research tells me between 30-50k. If anyone knows what they are down the line it will be really helpful.

    PSS. I study accounting and finance but would be interested interaction with financial markets as opposed to auditing.
    If Barclays is a Graduate Programme. Go to Barclays. Your work will not be so much repetitive and you'll rotate and you'll climb up easily after your Programme if you work hard and help other people. Barclays promotes analysts to associate after two years these days.

    If you go to JPM, you will be going into a specialist role. You're expected to do your job and your job only. Don't even think that you're gonna do this for a few years then become a trader. JPM encourage mobility a lot but you're not gonna be a trader lol or be in front office lol. Chances are slim.

    Also, it will be harder to climb up in Product control as a specialist hire oppose to for instance hired onto their Corporate Development Programme or graduate Ops Programme
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    (Original post by Spiritually)
    If Barclays is a Graduate Programme. Go to Barclays. Your work will not be so much repetitive and you'll rotate and you'll climb up easily after your Programme if you work hard and help other people. Barclays promotes analysts to associate after two years these days.

    If you go to JPM, you will be going into a specialist role. You're expected to do your job and your job only. Don't even think that you're gonna do this for a few years then become a trader. JPM encourage mobility a lot but you're not gonna be a trader lol or be in front office lol. Chances are slim.

    Also, it will be harder to climb up in Product control as a specialist hire oppose to for instance hired onto their Corporate Development Programme or graduate Ops Programme
    Would have to agree, far more opportunity to diversify at Barclays. Are both roles in good locations?
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    (Original post by happ)
    Would have to agree, far more opportunity to diversify at Barclays. Are both roles in good locations?
    Thanks a lot for the response guys, and both roles are based in London.

    (Original post by Spiritually)
    If Barclays is a Graduate Programme. Go to Barclays.
    I also forgot to mention that the Barclays offer is for a summer internship while the JPM would be a direct hire. I have already accepted the Barclays internship offer, but the JPM offer has now made me think about it.
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    (Original post by Faridk)
    Thanks a lot for the response guys, and both roles are based in London.



    I also forgot to mention that the Barclays offer is for a summer internship while the JPM would be a direct hire. I have already accepted the Barclays internship offer, but the JPM offer has now made me think about it.
    With the Barclays offer is there an opportunity to be offered a grad role if successful? If so I wouldn't take the JPM offer however if not JPM would provide an excellent opportunity to network and potentially create some different career routes in the future
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    (Original post by happ)
    With the Barclays offer is there an opportunity to be offered a grad role if successful? If so I wouldn't take the JPM offer however if not JPM would provide an excellent opportunity to network and potentially create some different career routes in the future
    Yes there would be an opportunity and thanks.
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    (Original post by Faridk)

    I also forgot to mention that the Barclays offer is for a summer internship while the JPM would be a direct hire. I have already accepted the Barclays internship offer, but the JPM offer has now made me think about it.
    What's JPM offering for salary? If you perform well Barclays will hire you to return as a graduate. If you go to JPM you can try internal mobility but I think you have to be there for at least 18 months before you can apply for that and you'll still have to perform really well in your current role. If both were graduate role. I would pick JPM hands down.

    Oh Barclays is a summer internship. If you pick Barclays your main aim is to try to get a return offer.

    If you're not interested in moving to front office go to JPM. There are lots of different teams people don't even know about that are important for the bank. You could join later. For job security too I'd go for JPM because other offer is summer but if you want a structured Programme then go to Barclays, work hard and get a graduate offer.

    It also depends on how old you are and your attitude to risk. If you want to be safe just go to JPM but if you believe in yourself and a risk taker and hard worker. Go to Barclays. Good luck.
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    Based on your description, I think you'd prefer Treasury. If you're good, Barclays will convert you to a Full-Time Analyst. Personally, I've always had a soft spot for Treasury. If you actually like finance, you will probably enjoy Treasury more than Product Control.

    Maybe give this a read: http://thegatewayonline.com/investme...rt-of-the-bank

    A quick Google also indicates you may be able to relocate to an international office at Barclays in Treasury at some stage too.

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    (Original post by Spiritually)
    What's JPM offering for salary? If you perform well Barclays will hire you to return as a graduate. If you go to JPM you can try internal mobility but I think you have to be there for at least 18 months before you can apply for that and you'll still have to perform really well in your current role. If both were graduate role. I would pick JPM hands down.

    Oh Barclays is a summer internship. If you pick Barclays your main aim is to try to get a return offer.

    If you're not interested in moving to front office go to JPM. There are lots of different teams people don't even know about that are important for the bank. You could join later. For job security too I'd go for JPM because other offer is summer but if you want a structured Programme then go to Barclays, work hard and get a graduate offer.

    It also depends on how old you are and your attitude to risk. If you want to be safe just go to JPM but if you believe in yourself and a risk taker and hard worker. Go to Barclays. Good luck.
    Thanks, Im 22 and for now ive signed the contract for Barclays Internship since I received that a while ago. I'll have to assess things better when full details come through from JPM (contract + salary). At the moment i suppose i'll continue with the internship and see what JPM say about postponing starting till after Barclays internship. Im just a bit curious now on how both roles compare on a salary basis in the short to mid term(1-7 years). If Treasury is similar to Product Control then I would probably favour Treasury in Barclays. If Product Control is significantly higher then JPM all the way since its not an internship.
 
 
 
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