Capital Markets Associate Program: Asia
The Capital Markets Associate Program is a sixteen-month program in which you are trained, placed in a business within Capital Markets (unless directly placed) and developed professionally on an ongoing basis.
Placement decisions are made by the regional heads of Equities, Fixed Income and Capital Markets Prime Services prior to the commencement of the program. The placement decisions are based on overall business needs and your preferences, which are discussed during the interview stage.
As a new associate, you are assigned a program manager who carefully manages your career development while you are in the program. The program manager guides you throughout the program and monitors your career development by facilitating the feedback and review process, as well as the advancement process.
Feedback And Review Process
The purpose of the review process is to provide you with relevant feedback on your performance, as well as to advise you on what you need to do to get to the next level. Capital Markets associates are formally reviewed every six months.
The Capital Markets associate review process includes the following stages:
- Goal setting (fall of first year).
- Informal check-ins (winter of first year).
- Initial performance review.
- Final performance review.
You will work with your managers to complete a goal-setting plan. The purpose of the plan is to identify performance objectives and development goals.
Informal check-ins also take place to provide you with the opportunity to receive feedback from your manager before your formal performance reviews. Program managers collect this feedback and then meet with you individually to informally discuss your performance on the desk.
The best feedback, however, is provided on-the-job. We encourage you to check in with your managers to obtain regular feedback on your performance.
Advancement Process And Timeline
After the sixteen-month associate program, you will remain in your business and function, although you will technically exit the program. Ongoing performance and management of the advancement process will then transition to the human resources generalist for your respective business.
Mobility Opportunities
| “Lehman Brothers supports mobility across divisions and regions.” |
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Lehman Brothers supports mobility across divisions and regions. There are many opportunities within the Capital Markets Division and throughout Lehman Brothers for individuals who are looking to be challenged in a different area of the Firm.
Training
After receiving the “One Firm” initial training in New York to provide you with an overview of Lehman Brothers, Capital Markets associates then enter a five-week, new hire training program that runs from early August through mid-September. Training modules include:
- Capital Markets fundamentals — accounting and bond math.
- Divisional product training in Equities, Fixed Income and Capital Markets Prime Services.
- Regulatory certification training for the NASD Series 1 and Series 63 licensing exams.
Team-building exercises and social activities also take place during training.
Your full participation in the training program is important to establishing both your technical and teamwork skills in the Capital Markets environment. All associates are expected to successfully complete the training.