Lehman Brothers Work Values

Daily Duties at Lehman Brothers:

 Analyzed and updated risk positions for credit derivative and cash transactions to ensure accurate capture of Lehman’s exposure  Communicated effectively with trading and finance departments to resolve any position breaks  Assisted in the development of the new risk processing system for fixed income derivatives which will create a one entry system for all CDO and CDS trades  Liaised with technology and traders to improve trade entry system and risk system to assist in booking products with greater ease  Experience with trade booking, updating risk system, reconciling P&L, and working with settlements to resolve client and DTCC breaks  Expanded the end of day reconciliation process to compare all trade bookings to trade blotter and sales recaps. This has considerably reduced risk and profit and loss errors

What they like about Lehman Brothers:

Working in an organization that is technologically advanced, creative, and innovative is critical in your assessment of hiring companies. Less important to you are stability of the organization, the length of time an organization has been in business, and the business' plans for the future. You prefer a fast-moving company that will take risks to achieve its goals and objectives. The length of time the company has been in business is irrelevant. Maintaining status quo is unnecessary. You thrive on change, uncertainty and the upside of potential business risks, especially those associated with innovation. Stability for the long haul is not nearly as important as is working in an atmosphere that is charged with a sense of urgency and constant change.

Tags

MS Office, MS Visio, MS Project

Skills

P&L responsibilities, Technology Solutions, Sales Support, Software Implementation, Requirements Analysis & Specification, Leadership

These are some of the questions we asked our climbers about their experiences with Lehman Brothers: