Internal Wholesaler Interview

Ghebali13 · September 22, 2015, 12:01pm

Hey,

I applied for a internal wholesaler position at a mutual fund firm in toronto. I’ve read the posts, and I know it’s been a while since you have been through the interview process. Can you give me a little insight in regards to the process. I believe my first interview is with someone from HR.

Anything helps!!! The call is today -_-

infinitybenzo · September 22, 2015, 1:49pm

congrats man!!! Vanvouver is super beautiful…Such a great city…Some people hate it but I am into trees, skiing, golfing, outdoors, fresh air and nicer people.

AlexR · September 22, 2015, 2:45pm

Kan-yeezy:

Thanks WholesaleMan29. It’s funny you bring up Institutional Sales and Product Management because I was strongly profiling those for my next career jump; even though I just started my current job, I like to plan ahead.

Shifting towards the product side seems pretty straight forward for me. Just rock it at my job, network with the product side of my shop and slide my way in. The Product Management Director at my shop was also an IW back in the day, and I already have him on LinkedIn.

Not sure how to make the Institutional jump though. I was actually wondering if my experience could translate into an equity/FI/derivative sales job at a large sell side firm. I know they usually hire directly from schools via their S&T programs, but this is an avenue I am willing to explore.

And do you have an email that I can use to get in touch with you in the future? Thanks.

I currently work in Fixed Income Product Management and I really enjoy the job. You get exposure to both the investment and sales people at your firm and you learn a lot about investments and how the business works. Passing the CFA will be a big boost to your chances at landing one of these jobs. The pay can be lucrative as you move up and you end up developing relationships with everyone important at the firm. You can keep the best parts of the sales job, such as travelling and playing golf with clients, while also cutting your teeth on the investment side of things by learning the portfolios, strategies, etc. until you become the subject matter expert.