Associate is a term used in banking as an alternative to ‘employee’. An Associate often works in a support role whilst in the process of gaining experience or formal qualifications for the role which the associate is supporting.
In the banking sector, Associates are typically recently qualified high flying graduates/post graduates or analysts with three or four years of experience. A junior Associate has the opportunity to gain comprehensive experience of the particular area in which he or she works and is expected to prove that he or she has to ability and drive to work in a more senior role.
Typical duties include:
Product research and analysis.
Report writing.
Financial modelling.
Client liaison and management.
Working alongside industry leaders and experts.
Working as part of project teams, for example deal teams.
Qualifications
Associates typically possess outstanding qualifications from leading academic institutions in areas such as business, accounting, finance and mathematics. Associates also require excellent written and verbal communication skills.
Are you an Associate? Would you like to contribute to our "Day in the Life of..." series? Email us at info@topfinancialjobs.co.uk for more details.
