London – Graduate Analyst Programme 2017 – Origination & Structuring (2024)

FAQs

What is origination and structuring? ›

Structuring & Origination within Markets is a hybrid group inclusive of Sales, Trading and Banking. J.P. Morgan has a dedicated team of individuals servicing the structured product requirements of our clients. The team offers a broad range of innovative investor products, liability management and hedging solutions.

Responsibilities include researching financial trends, valuations, and economic data related to deals to evaluate risk, arrive at a value, and assist in marketing the deal.

For example, if someone has $50,000 in cash to deposit in their bank, should they choose to deposit it through five deposits of $9,999 and one deposit of $5, with the intent to avoid the reporting requirement, they have committed the crime of structuring.

Work with different internal and external counterparts to execute on all aspects of a new issue securitization transaction. Prepare presentations and marketing materials for sales distribution. Perform risk analysis on lending positions across various asset classes and present the results at internal committee meetings.

IB is demanding and often stressful, but it is not worth sabotaging your health. Most IB students struggle with proper work-life balance and end up harming themselves.

The workload can be overwhelming, and the pressure to perform well is intense. Many students also have extracurricular activities, volunteer work, and part-time jobs, which can add to their stress levels. Moreover, the IB curriculum is demanding and requires students to be self-directed learners.

The IB Program or the International Baccalaureate, a rigorous program full of advanced, successful students, can also be filled with times of anxiety and stress.

Investment banking analysts generally work 80-110 hour workweeks – expect to have very little free time outside of the office, especially during the first year on the job.

How many hours do analysts work? ›

The working hours differ based on the position of the investment banker. An investment banker analyst works the longest, around 80 hours a week. Whereas, for banking associates and Vice Presidents, the average work time would be around 60-80 hours a week.

The most common reporting form is a Currency Transaction Report or CTR. Structuring money such as cash deposits to avoid the filing of a Currency Transaction Report (CTR) is illegal. Banks are required to file CTRs for cash transactions of $10,000 or more. This filing requirement is not discretionary; it is mandatory.

After placement comes the layering stage (sometimes referred to as structuring). The layering stage is the most complex and often entails the international movement of the funds. The primary purpose of this stage is to separate the illicit money from its source.

FAQs. What is the difference between structuring and smurfing in money laundering? Structuring in money laundering involves intentionally transacting money in smaller amounts to avoid detection, while smurfing in money laundering involves using other people (smurfs) to make smaller deposits.

The average salary for Structuring Analyst is £43,196 per year in the London.

Three common soft skills for a structurer are analytical skills, communication skills and computer skills.

Structuring is the practice of conducting financial transactions in a specific pattern calculated to avoid the creation of certain records and reports required by the Bank Secrecy Act (BSA) and/or IRC 6050I, Returns relating to cash received in trade or business, etc. (

That's around 4 out of every 5 students who are able to pass. The good news? That means you're quite likely to pass the IB as well!

Grades of A and B are expected of all IB students. Students with a grade of D or F are not considered in "good standing." A semester grade of F in an IB course will require the students to return to their sending school for the remainder of their high school education.

Do colleges really care about IB? ›

Universities appreciate the IB's rigour and they know it takes hard work and dedication to perform well, particularly in Higher Level (HL) subjects. This is demonstrated by the fact that most US universities award course credits for IB Diploma subjects.

It depends. Some students argue that IB is more challenging because of the emphasis on critical thinking and the more application-focused evaluations. However, both IB and AP classes are considered college-level courses that many students find challenging.

The key difference is that grades earned in more challenging courses—including honors, IB, and AP—receive a higher numerical value, which can potentially raise a student's overall GPA.

IB students develop strong academic, social and emotional characteristics. They are also likely to perform well academically – often better than students on other curricula.

Strengths of an IB education

Some of the most selective universities worldwide recognize the IB diploma and our students are regarded as some of the highest performers in their areas of study.

29.9% of all investment analysts are women, while 70.1% are men. The average age of an employed investment analyst is 39 years old.

However, a typical day will consist of managing and attending team meetings, project planning, user story refinement, documentation management, and communicating proposed solutions to stakeholders based on the analysis you have undertaken.

Analysts start in the summer after completing undergrad, joining full-time in the middle of the year. Traditionally investment banking analysts get their first-year bonus a full 12 months after arriving and don't switch to calendar year bonuses until they are promoted to associate (“a to a”).

The average salary for JP Morgan Analyst is £54,579 per year in the London.

How much do Goldman Sachs investment banking analysts make in London? ›

The typical Goldman Sachs Investment Banking Analyst salary is £58,967 per year. Investment Banking Analyst salaries at Goldman Sachs can range from £27,828 - £102,146 per year.

While the median annual salary for financial analysts was $95,570 in 2021, the top 10% of these workers averaged earnings higher than $166,560 per year. A financial analyst's specialization and industry can impact earning potential, as not all professionals work in the most lucrative sectors.

Challenging And Demanding Job

Business analysis is a varied and demanding career which utilises many skills including problem solving, relationship management and time management. It can be very satisfying but is NOT an easy ride.

Yes, it is hard to be an analyst.

Day-to-day, they assess company and client needs, receive robust information, analyze it, and look for telltale trends or areas for improvement. Becoming a business analyst is harder than getting an operational role but easier than getting a technical role.

Data analysts are in demand

The US Bureau of Labor Statistics predicts that the demand for data analytics jobs will grow by 23% between 2021 and 2031, much faster than the average of 5% for all other industries.

IRS Definition of Structuring

The definition of structuring for the purpose of evading the transactions in currency reporting is found at 31 CFR 1010.100 et seq. The elements of the structuring regulations are: A person acting alone, in conjunction with others, or on behalf of others. Conducts or attempts to conduct.

Definition of Cash Structuring

Cash structuring is the act of breaking up what would otherwise be a single significant financial transaction into a series of smaller transactions to avoid scrutiny by regulators and law enforcement.

Structuring is the practice of conducting financial transactions in a specific pattern calculated to avoid the creation of certain records and reports required by the Bank Secrecy Act (BSA) and/or IRC 6050I, Returns relating to cash received in trade or business, etc. (

Structuring is the act of parceling what would otherwise be a large financial transaction into a series of smaller transactions to avoid scrutiny by regulators and law enforcement.

In order to show that a person is guilty of structuring to avoid having a bank file a Currency Transaction Report (CTR) with the IRS, the government must prove three elements: (1) the defendant (or a claimant in a civil forfeiture case) must have engaged in acts of structuring cash desposits or withdrawals at a ...

What is the 90% rule IRS? ›

Penalty for Underpayment of Estimated Tax

Generally, most taxpayers will avoid this penalty if they owe less than $1,000 in tax after subtracting their withholdings and credits, or if they paid at least 90% of the tax for the current year, or 100% of the tax shown on the return for the prior year, whichever is smaller.

Rule. The requirement that financial institutions verify and record the identity of each cash purchaser of money orders and bank, cashier's, and traveler's checks in excess of $3,000.

The transactions need not exceed the $10,000 CTR filing threshold at any one bank on any single day in order to constitute structuring. Money launderers and criminals have developed many ways to structure large amounts of currency to evade the CTR filing requirements.

Structuring is a felony offense and the punishments can be severe. Penalties include monetary fines, imprisonment of up to 10 years, or both.

What Is Cash Structuring? Cash structuring is a practice of executing financial transactions of cash, money transfers, or wire transfers in a specific pattern to avoid or evade tax-reporting requirements.

Structuring is a strategy used by businesses that are attempting to evade taxes by hiding large amounts of cash. With structuring, companies deposit smaller amounts of cash to avoid automatic reporting by the bank to the government.

Depositing a big amount of cash that is $10,000 or more means your bank or credit union will report it to the federal government. The $10,000 threshold was created as part of the Bank Secrecy Act, passed by Congress in 1970, and adjusted with the Patriot Act in 2002.

Structuring and smurfing examples

Let's say that someone has $90,000 in cash. If they want to avoid reporting requirements, they can split this into 10 transactions of $9,000. This is an example of structuring. Remember, structuring transactions in this way is illegal.

Smurfing, or sometimes referred to as “structuring” is a type of money laundering that involves breaking up large transactions into smaller ones to avoid detection. The name comes from the similarity between the way funds are broken down and the way that cartoon characters known as “smurfs” divide up tasks.

A "smurf" is a term used to describe a type of money launderer who engages in a practice known as "structuring." Structuring involves breaking down large financial transactions into multiple smaller transactions, with the intention of avoiding regulatory scrutiny and detection.