🗞️WSO: Junior Banker Protection Policy

Hey {NAME}, Time is money, and your career in high finance is waiting. With 17 years of expertise, WSO has mastered the art of launching lucrative careers straight from undergrad. Our 12-week [WSO Academy]( program offers a comprehensive toolkit for success to ensure you're perfectly poised to secure that six-figure offer. Spots are limited! [Join the waitlist]( today to gain early access to applications — we're accepting a limited number of applications to maintain our commitment to quality. -Patrick Top Discussions 1. [Leo Lukenas was His Name. Fundraiser for His Family is Here. (Bank of America Associate that Passed Away)]( - "Tragically, Leo passed away on May 2, 2024, leaving behind his wife and two children. His greatest dream was to provide for his family. Driven by a desire for new challenges, Leo transitioned out of the military to pursue new opportunities for his family. Now, in remembrance of Leo, it's our duty to support his family just like he would have done for all of us. If you can, we kindly ask that you donate to Leo's family. Your contribution will help ensure his wife and children receive the support and care they deserve during this difficult time. Every donation makes a difference." 2. [Junior Banker Protection Policy - Looking for Feedback/Help](=) - "In light of the recent tragic event from late last week, we have put together a Junior Banker Protection Policy, which states that no junior banker will work over 90 hours per week on average over any three consecutive weeks..." Interactive Brokers is the Professional’s Gateway to the world's markets. Interactive Brokers offers [commissions starting at USD 0 on US listed stocks and ETFs,]() with low commissions on other products, and there are no added spreads, ticket charges or account minimums. Clients in over 200 countries and territories trade stocks, options, futures, currencies, bonds, funds and more on 150 global markets from a single unified platform. Clients earn interest rates of up to USD 4.83% on instantly available cash and pay margin rates up to 49% lower than the industry. Eligible clients can earn extra income on their lendable shares, and IBKR’s powerful, award-winning trading platforms help every level investor succeed, from beginner to advanced on mobile, web and desktop. And when placing your money with a broker, go with a broker you can trust. Make sure your broker is secure and can endure through good and bad times. Our strong capital position, conservative balance sheet and automated risk controls are designed to protect IBKR and our clients from large trading losses. Member SIPC. See why IBKR is the Professional’s Gateway to the world's markets at [ibkr.com]( Top Discussions Continued 3. [Q&A: 2 Yrs @ Big 3 Restructuring (Forced Out)-> 3 Yrs Transaction Advisory -> Founder @ AI Startup]() - "BS in Finance + Business Analytics from Indiana. 2 yrs @ Big 3 Restructuring. 3 yrs @ tech-enabled transaction advisory shop focused on MM IBs + PEs. 3 months into building AI startup with initial focus on M&A industry..." 4. [LMM Folks: Have You Seen an Attractive Business Model Where You Said "That's so Easy that I Could Start that Business Today"?]( - "Most "simple" LMM businesses at auction are the product of a person's life work. Take a "simple" business services platform as an example - e.g. commerical plumbing, HVAC, landscaping. The typical founder profile I see at these companies is someone who started working in trades or manual labor in their late teens, then spent thirty years building a book of thousands of customers and managing hundreds of employees. You're discounting a lot of sweat equity that goes into most of these companies. There isn't a free lunch in this regard. 5. [Tell Me about a A Deal You Worked on - What do Associates+ Want to Hear When Asked This](=) - "You should tell them what you did, not about the deal. They don't care about that, and you probably had little to do with the decision to invest in the first place. What was a challenge you overcame? What was a snafu that you took initiative to sort out? That is what you should focus on. Who cares if the deal was successful, or what the land basis was - none of this has anything to do with you as a person or a professional..." 6. [Dream Job vs Dream Location]() - "Take the dream job, every time, especially if you are in your mid 20s. Later in life you will have real geographic restrictions that may not allow you to take the dream job again (e.g., family). It doesn't even have to be a dream job, but if you are getting much better experience at one job over another, always go with the experience, even if the other job is in a more desirable city. The fact that this is a "dream job" makes it all the more reason to go..." 7. [10 Lessons I’ve Learned from 2 Years of Investment Banking](=) - "Mindset is everything. There is a massive difference between thinking “I have to get this done” vs “I get to work on this.” As an analyst, you should look to keep your child-like wonder and high motivation levels up for as long as possible. Too often bankers’ motivation falls, and the job actually becomes more mentally difficult towards the latter half of their stint..." New Podcasts Coming in Hot 🔥 - J.P. Morgan Investment Banking Interview - 3 Highly Technical Market Questions You Must Prepare For! - Business as Usual for the FED - Consumer Credit Pullback - Uber Q1 Earning Breakdown = WSO Alpha - Latest Updates 📈 We uploaded the [April brokerage report]( for those of you curious how we did. Hot Jobs 💼 [Sr Discretionary Researcher / Trader - Fully Remote](=) - "We are a discretionary, event-driven proprietary trading firm and hedge fund specialized in the digital asset space." [Marketing Manager - West Coast, US](=) - "The Firm is an early-stage venture capital firm with $300 million in assets under management and a deep commitment to supporting the next generation of groundbreaking technology..." [Research Associate (Equity Small Mid Cap) - New York, NY]( - "This position will support the Small/Mid-Cap Equity research team and be initially be responsible for covering multiple sectors in support of current team members." [PE Associate - Reston, VA](=) - "The Firm is a growing middle-market private equity fund that currently manages over $700 million of committed capital across several fund vehicles." [Senior Business Development Executive - Dallas, TX]( - "This is a fantastic and rare opportunity for anyone looking for a Mid/Senior-level business development role within the Asset Management industry, with excellent potential for progression." [Research Analyst (Value) - New York, NY]( - "The Firm's Value Group is a team of highly collaborative investment professionals who possess high levels of personal initiative." [Research Associate (Large Cap Growth Equity) - New York, NY]( - "The Firm is a global investment management firm with over $180 billion in Assets under Management spanning across a range of various equity and fixed-income investment strategies...." [Associate - Real Estate Investment Banking - South Central US](=) - "The independent commercial real estate investment bank has about $3T in completed transactions over the past decade and a half. It combines real estate and capital markets expertise and offers clients advisory services and investment strategies." [Wall Street Oasis Finance Research Analyst Internship](=) (Remote) - "We're looking for several interns to commit to 15hrs/week over 12 weeks (175 hours total). Perks include courses, WSO bootcamp, LinkedIn recommendations and more..." [Browse all jobs on The Talent Oasis](=) @WallStreetOasis Top Post On Deck - Training 🎓 All in Eastern Standard Time - May 18, 10am - 2pm - [IB Interview Bootcamp](=)*** (Open Now) - June 1, 10am - 6pm - [PE Interview Bootcamp](=)* (Open Now) - June 8-9, 10am - 6pm - [FMV Bootcamp](** (Open Now) - June 22, 10am - 2pm - [IB Interview Bootcamp](=)*** (Open Now) - June 29, 10am - 6pm - [Foundations Bootcamp]() (Open Now) Stay Strong, Patrick Curtis CEO and Founder, [WallStreetOasis.com]() WSO Mobile App: [iOS]() | [Android]() PS - We're also always looking to add [resume reviewers]() and [WSO Mentors](=) to our team. Set your own pay (from $40/hr to up to $400/hr) to increase or decrease mentee flow. To submit an application, go [here](=). PPS - Think you have an interesting story? Want to share it with our podcast listeners? Hit reply and let me know! * PE Interview Bootcamp includes lifetime access to the [PE Interview Course](=) ** FMV Bootcamp includes lifetime access to the [Elite Modeling Package]( *** IB Interview Bootcamp includes lifetime access to the [IB Interview Course](=) [Facebook](facebook.com/wallstreetoasis) [Twitter](twitter.com/wallstreetoasis) [LinkedIn]( [YouTube]( [Instagram](instagram.com/wallstreetoasis) Don't want the WSO Weekly Wrap Up? [Unsubscribe]( IB Oasis Corp. (aka "Wall Street Oasis") 14435 Big Basin Way PBN 444 Saratoga, California 95070 United States