Wolf in Sheep's Clothing

1.1. CBDBoy has not given up on remaking himself into a derivatives structurer. The trip to London Business School and the horrific interview with MagicCircle Banker taught me that (i) I need to clock up another 3-4 years of working experience and (ii) I need to get a job scope and title that sounds impressive. Returning to the primeval law firm ooze is out. Legal counsel it is then.

1.2. It’s down to LocalBank and PrivateBank. LocalBank lets me specialize in derivatives, so when market recovers in 3-4 years, I’ll be well placed to make a jump into HK banks or Magic Circle firms to be a derivatives transactional lawyer. Pay is decent, linked to Business and will train. But in a finance program perspective, I don’t think it’s enough to make the cut because the name isn’t international enough. Privatebank is European, has the branding and glam factor. I’ll do the entire range of work, they will train and pay is decent. Not Ebichu-ish (I’ll introduce Ebichu another time) but pretty good in the Real World. It looks more persuasive for the MBA program.

1.3. I’m competing against other legal counsels who are deserting the investment banks like rats on a sinking ship. Fortunately, I cost less, don’t have a notice period and I’m not a mercenary. Yet. In the end it took an opinion from Mother of Godson to stop the paralysis by analysis. Foreign is always better. Nuff said. After all, that’s why I bought an LLM from London. So hello for a few years, ForeignBank. I think a replica of a Banksy should look quite nice in my cubicle.