What does a VP do in investment banking?
What does a VP do in investment banking?
The Vice Presidents (also known as Directors) are in the middle of the investment banking hierarchy. Their role is to manage the Associates and Analysts to make sure they do the correct work for the deals sourced by the Managing Directors.
How long is VP for investment banking?
The Investment Banking Career Path
| Position Title | Typical Age Range | Timeframe for Promotion |
|---|---|---|
| Analyst | 22-27 | 2-3 years |
| Associate | 25-35 | 3-4 years |
| Vice President (VP) | 28-40 | 3-4 years |
| Director / Senior Vice President (SVP) | 32-45 | 2-3 years |
Which bank is best for investment banker in India?
List of Top Investment Banks in India
| Rank | Name of the Investment Bank |
|---|---|
| 1 | ICICI Securities |
| 2 | Edelweiss Financial Services |
| 3 | Axis Bank |
| 4 | HSBC |
What is the highest paid job in investment banking?
Proprietary traders are paid the most. It’s unfortunate, therefore, that there are far fewer of these than there used to be. Origination and syndication specialists come second. Business development and marketing specialists are paid by far the least.
How much does a VP make in investment banking?
Investment banking Vice Presidents are the next step after associate and before director in the investment banking career path and earn base compensation of $225,000 – $250,000, with bonuses ranging from $200,000 to $400,000 at the large investment banks and elite boutiques.
Who is the richest investment banker in India?
Nimesh Kampani (born 30 September 1946) is an Indian investment banker. He is the chairman of the JM Financial group of companies. His personal wealth was valued at US$ 9.54 billion in 2009 making him the 101th richest in India, at that time.
