JD jobs in a bank?

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girlinthecity

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JD jobs in a bank?

Postby girlinthecity » Mon Feb 26, 2018 7:14 pm

Hello everyone. :)

What are some jobs that a JD could do for a bank or for a financial regulatory organization/firm/body/entity? Most specifically in compliance with an eye towards going into BigLaw or BigFed after years of experience.

Thanks all!

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Yugihoe

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Re: JD jobs in a bank?

Postby Yugihoe » Mon Feb 26, 2018 8:33 pm

Tag

girlinthecity

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Re: JD jobs in a bank?

Postby girlinthecity » Mon Feb 26, 2018 8:43 pm

Sorry but what does "tag" mean? I'm new at this forum stuff. :)

misterjames

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Re: JD jobs in a bank?

Postby misterjames » Mon Feb 26, 2018 9:39 pm

I'm an AGC in a bank, was previously counsel at a regulatory agency. The obvious answer is you could be an attorney, but I'm assuming by "JD" you mean non-barred? If so, then compliance or internal audit on the bank side, and an examiner on the agency side. Admittedly I think you'd have to be a stand-out candidate to go from either of those positions to big law. All of the "big fed" banking regulators hire examiners though.

girlinthecity

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Re: JD jobs in a bank?

Postby girlinthecity » Mon Feb 26, 2018 10:15 pm

Thanks for the reply. :)

When I say JD I mean a barred attorney, so I would definitely want to make use of that.

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Yugihoe

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Re: JD jobs in a bank?

Postby Yugihoe » Tue Feb 27, 2018 11:18 am

What's the pay like for people in compliance on the bank side? 1st year thinking of leaving big law for a more life-style friendly position.

misterjames

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Re: JD jobs in a bank?

Postby misterjames » Tue Feb 27, 2018 12:00 pm

Yugihoe wrote:What's the pay like for people in compliance on the bank side? 1st year thinking of leaving big law for a more life-style friendly position.


Really depends on size of the institution, location, and level of experience. At one year from a big firm I'd imagine the pay is decent, but definitely less than an in-house attorney at the same institution. I'd recommend doing a lot of research before you make that jump though. We have a few people here that have made a similar move and it seems like very boring work (to me at least), with little opportunity to make the reverse move if you later change your mind.

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Re: JD jobs in a bank?

Postby Anonymous User » Tue Feb 27, 2018 1:44 pm

girlinthecity wrote:Sorry but what does "tag" mean? I'm new at this forum stuff. :)


It means you're "it" now go run and hide.

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Re: JD jobs in a bank?

Postby Anonymous User » Sun Mar 04, 2018 3:49 pm

I don't know where you're in school/ what your grades are like but some banks do front office JD recruiting. Credit Suisse, for instance, has a team that recruits investment bankers from law schools but I think that it's a pretty competitive program.



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