Back after several years...

Baron said:
Look, the bottom line is that Steve went in and did an interview, and they were almost sold. It was only until he said that he was a prolific poster on ET that they finally said, "You got the job!". :D
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Yes, I could tell I hit an awkward moment in the interview so I brought up my ET postings and I could feel an immediate attitude change :)
 
Steve Tvardek said:
I wanted to provide an update to this thread. I was fortunate to land a director level position at Morgan Stanley in OTC Client clearing. I just wanted to provide a little hope for those ex traders who feel that making a transition from trading is too difficult. Work your network and make your past experiences an asset to you and not a liability. Apologize for the sloppy writing, I'm posting from my phone.
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Congratulations on the position, and thanks for the update. I followed your thread last year and was wondering what you ended up doing. It's nice to know that former traders are valued in many positions -- and in my experience as a client of institutional brokerages, former trading experience seems to really help in institutional client services of all types (e.g., ex-traders really understand the client's perspective). That said, going right into a director-level position at a bulge bracket firm seems like an unusually good jump. Nice work; all the best to you in your new career path.
 
syswizard said:
I think his next gig is a no-brainer:
At the trading desk of an IB (GS, JPM, Citi)
He's got both discretionary and algo experience ?
Wow, that's huge. Many IB's are moving towards all automated trading....and he can assist in that migration.
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congrats on making the right call.
 
Occam said:
Congratulations on the position, and thanks for the update. I followed your thread last year and was wondering what you ended up doing. It's nice to know that former traders are valued in many positions -- and in my experience as a client of institutional brokerages, former trading experience seems to really help in institutional client services of all types (e.g., ex-traders really understand the client's perspective). That said, going right into a director-level position at a bulge bracket firm seems like an unusually good jump. Nice work; all the best to you in your new career path.
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Hi Occam-

Truth be told, "Director" level at MS Ops is more akin to an AVP/VP role but regardless I'm responsible for managing a client service team from a team lead perspective (and I also cover large clients as well). "Executive Director" is more likely what most thought of when the read this post originally, perhaps. But regardless, at the time when I landed the role, I was given an opportunity despite my "cowboy" background and will always be very thankful for that.
 
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