Should I quit after 2 month
Lateraled into this position 2 months ago. The new analyst constantly yells, belittles, and gaslights me. I didn’t discern it at the interview and had the greatest regret. I have to see therapist and doctor regularly to keep myself sane. The work load is also crazy and I barely have time to see doctors. And the analyst even wants something like within 10 minutes when I am at the doctor’s office. But it is only 2 months. I don’t know what to do now. I have lost interest in sellside after this. Should I quit now and focus on what I want to do next?
Only based on the info you gave us:
What we don't know is:
Thanks for the comment. I was yelled and belittled even during the first week when my work didn’t fit into his format which changed every month.
I found out people usually quit his group around 1 year and several at 3 or 4 months mark.
You are right. My mistake not doing enough due diligence. Want to warn people this is THE MOST IMPORTANT thing no matter you are new to ER or try to lateral.
Sheesh 3-4 months, sorry to hear that.
Crazy - sorry to hear
This is not normal or appropriate.
Reading this, it sounds like you joined a guy who has a history of being a poor boss and churning out juniors.
I never understand how people like this exist. Unless he is some amazing money making rockstar, isn’t he a liability to his boss? I’m always scared of juniors complaining about me, that I’m always nice for the most part.
If you have decided you are over his BS, perhaps think about standing up for yourself, arguing back against one of his insane demands, and even getting HR involved. Since you are going to quit anyway, might make you feel good to stand up to him since you don’t care if you get let go because of it. If he really is a known scumbag, it won’t hurt your rep.
Thanks for comments, everyone. Glad to know this is not normal. Unfortunately, he is considered a star. Cannot disclose more. The bank just turns a blind eye and keeps hiring. He also likes to hire internationals/minority who need working visa or is generally more tolerant to these manipulations than general Americans and may not quit or leave more easily. But even they find a way out.
That is not normal. Based on what you said, I would assume he's a newly minted analyst. Constant churning new associates will likely hurt one's long term career. You cannot have a sustainable, good franchise without having a stable team of experienced associates to put out high quality research. That said, I do know a couple of analysts whose reputation are less than stellar but they're been in the industry for a while (MDs), are highly ranked, and at reputable shops so it's east for them to get good associates or by hiring experienced associates laterally.People always remember who treat them badly and this is a small industry. One of the way to get to the top is through longevity, knowing a lot of people, and making sure they like you. Many of the buy side clients are former colleagues, associates, school friends… and they're the easiest group of clients who are more likely to stick by you if you treat them right. Much harder to win votes and client times with "differentiated" research.
I had a similar experience 6 months into the sell side. I told my parents I'm basically at boot camp and my boss is an absolute drill sergeant, but I never took anything personally.
Things drastically improved after that. Some analysts are brutal, so I get it.
if he has had other associates leave in such a short time it would mean nothing to him if you left. Try and lateral to another firm and prioritize your health, and explain your situation in interviews.
Sounds like Wolfe
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