Case study

Interest rate derivatives market analyst — Rym El Hajji

After studying at postgraduate level in France, with a focus on international finance, Rym landed an internship at J.P. Morgan in London where she now works as a market analyst

What degree course did you study and where?

I achieved a double degree diploma from ENSAE (École Nationale de la Statistique et de l'Administration Économique) Paris and HEC Paris in France. The former is an engineering institution where I completed a Masters in Mathematics, Economics and Statistics, while HEC is a business school where I was awarded a Masters in Management, specialising in international finance.

How did you secure a J.P. Morgan internship and later a full-time role?

I was invited to interview with J.P. Morgan after attending a recruitment dinner held at my university. Not only did they explain their daily jobs and tasks, they also focused on the company culture. Following the dinner, I applied to the summer internship programme and after a few interviews I joined the France, Belgium and Luxembourg Fixed Income Solutions desk as a summer intern.

At the end of the summer internship, I started a full-time role with the team the following year. My role involved covering institutional clients in the region and structuring tailor-made solutions.

What languages do you speak and how has being multilingual helped in your job?

French and Arabic are my native languages, but I also speak fluent English and am at intermediate level in Spanish. Each culture has its own specificities and being multilingual is key in broadening a person's understanding and communicating efficiently.

J.P. Morgan is as multicultural as its clients and being multilingual not only helps me communicate with those I work with - who are mainly French speaking - but it also helps me build relationships internally too.

Describe a typical working day.

7:30am - Arrive at the office and catch up on any overnight news. Set up and read through my daily to-do list.

8am - Markets open and trading begins.

8am-5pm - Trading day. This mainly involves:

  • keeping up to date with the news, data, or any significant flows that we see on the day and sharing any relevant information with clients
  • working on long-term structured trades - pricing and structuring, pitching the idea, working on the operational and legal set up if needed
  • quoting live prices
  • discussing the news and new ideas with clients either over the phone, via a chat facility, by email or in a face-to-face meeting.

5pm-7pm - Go through trades to make sure everything is booked in properly. Review and work on any follow-up points with clients. Work on long-term trades.

What training and support have you received?

The J.P. Morgan spirit is geared towards making people grow and develop their skills. Not only do we attend analyst training in New York when we first join the firm, we also have year-round training on a range of subjects, including technical sessions to understand and discover new products, and those on soft skills so we can be the best version of ourselves.

The training and support we receive isn't just limited to the classroom, as our teams and managers are also here to encourage us and the best training they give us is through trust and responsibility.

How has your role developed and what workplace issues are you most passionate about?

One of the best things about working on a solutions desk is the variety of products we deal with on a daily basis. The market and our client needs change and we're able to reflect this in the scope of products we offer. My role is constantly evolving, providing opportunities to further develop my knowledge and skills.

I've particularly enjoyed being involved in the recruitment and training process. I tutored the new joiners during their New York training. The recruitment dinners and events run by J.P. Morgan are especially important in attracting new talent, as otherwise I'd never have considered a career in banking myself.

What advice would you give to graduates wanting to work in the sector?

Be open minded and curious about the industry and what can be done within this environment. Take the opportunity to speak with as many people as you can and learn from them.

Find out more

How would you rate this page?

On a scale where 1 is dislike and 5 is like

success feedback

Thank you for rating the page