Career Advice

Job of The Week: Snowballs, Snowblades and CDOs.

With bonuses reportedly cratering and new layoffs being announced daily, maybe it’s time you started looking around for a new job. Where to start? The DealBreaker Career Center, of course. Job listings are updated daily and each week we bring a couple to your attention. This week we focus on emerging markets.
Why emerging markets? Well, because the emerged markets are looking like they are going to suck for quite a while. Meanwhile, developing countries account for 52% of global GDP growth. They are much less dependent on continued growth here, and so this might be a sweet spot to ride out the storm.
Here are two ideas:
• Do you know what TARNS, Snowballs and Snowblades are? If so, an investment bank has just the job for you on its emerging markets desk. They are looking for someone with at least five years experience in risk management.
• So maybe the market in CDOs has been having some trouble here. Why not start looking at emerging market CDOs? An Greenwich based firm is looking for a candidate with extensive knowledge of CDO sell-side structuring with a bit of emerging market know-how on the side. Get on it!
There are many, many more in the Career Center. Get it done!

As we pointed out earlier, it’s Merrill Lynch day here at DealBreaker. And in keep with this theme, we reached into our career center to find you a job with the thundering stampede. And not just any job. It seems that Merrill Lynch’s Chief Financial Office needs help assuring “the accurancy of critical financial information.”
They are looking to hire a Vice President who will report to a Director in the Treasury Finance Group and will have responsibility for analyzing and reporting on all aspects of Merrill Lynch’s balance sheet and funding. Sounds like this job might be hard!
Vice President, Balance Sheet [DealBreaker Career Center]

Take Back the Night, Style

milton1.jpg Rivaling Yahoo Personal Finance for containing more buckets of pure insight than any other website, wants you to be more assertive at work. After all, groundbreaking studies have shown that whiney spineless pushovers are not as successful as assertive and confident peers. Here are five major potholes in the heavily trafficked Massachusetts winter road to success, and how to overcome them (don’t go anywhere near Massachusetts in the winter), from
1. You Let Others’ Mistakes Inconvenience You
Refuse to be inconvenienced over things like a huge bet in the opposite direction of the ABX (you’re pulling at least a couple mil from management fees!) or management hiding billions of dollars of debt and losses in dozens of questionably structured limited offshore partnerships and cashing out before the stock price tanks and cripples your pension. This bold refusal is also an important morale boosting tip for U.S. troops in Iraq.
2. You Let Others Take Credit For Your Ideas

To avoid having others steal your ideas [three words, man-sized safes], make sure you state them loudly and confidently or put them in writing. If you’re at a meeting and someone proposes the same thing you’ve previously suggested, call attention to it by saying [“my name is Fred from accounting, you killed my original idea, prepare to die”], “Sounds like you’re building on my original suggestion, and I would certainly support that [much like your face would support my fists, asshole].”

3. You Apologize Unnecessarily
It’s only natural to clench. Don’t sweat it.
4. You Work Without Breaks
Be more Spanish, not Mexican. Nothing says a top-tier review like a siesta, especially during that 18-hour banking or pork plant cleaning shift.
5. You Do Others’ Work For Them
Unless it’s a really, really attractive female.
Stop Being So Nice to Your Co-workers []