Does anyone out there know what a Credit Analyst is? Take your time, there’s really no rush to answer. I have all day. Give up?? You sure? Alright, a Credit Analyst is a guy who measures the potential exposure risk for trade credit lines against a Firm’s tolerance level based on Internal ratings and trade limit distinctions. For example, if you are Cititbank and you want to trade $50,000,000 in Credit Default SWAPS over a period of say 5 years, you’d go and get a Credit Line to do so, and this is what I do for a living, only my entire portfolio consists of about $10 Billion in Notional moolah at Bear Stearns.
I started yesterday and have been enjoying myself immensely. Now granted is has only been 2 days, but I can see myself really digging into the line of work, in this kind of environment, making this kind of money. Maybe the satisfactory contrast between this job and my others since fininshing college is what’s making this such a pleasure. All I know is that I’m happy. Not that any of you fuckers care.
To detail my first day, which was yesterday, would be kind of difficult at this juncture seeing as how I seem to have forgotten about most of it. Not on account of a bad experience; rather a state of amnesiac euphoria: I don’t remember most of it. It’s similar to having mind-numbing sex, you blank afterwards. Or at least I do. Maybe I should get that checked out. Anyway, here are the bullet points: 1. Orientation - bored to tears, got free Bear Stearns work bag. 2. Lunch - with 2 team members and 1 Managing Director. 3. The cafeteria has GREAT food and it’s dirt CHEAP. 4. I learned exactly what it is I’ll be doing. And that’s about it. I took the train home absolutely elated and filled with glee, which is the same thing but is repeated for effect. It’s kind of like those kids you see on Christmas specials with stop-motion animation, you know, the retarded ones. Island of Misfit Toys anyone?
I’m actually posting this from work on my lunch break having just devoured some seasoned chicken with garlic orzo and steamed carrots. I hate steamed carrots and so do you. However, these were damn good. So enough about carrots, I have to go look over some Prospectus’ from JPMorgan Chase. Gremmie out.