Based on the most helpful WSO content, it is indeed possible to move from a risk management role to investment banking (IB). There's a specific example in the context where an individual transitioned from risk management to an associate position in IB. This person mentioned it took 7 months of intense networking and preparation to make the change. So, if you're considering such a move, here are some steps that could increase your chances:
Networking: This is crucial. Connect with professionals in the IB sector, attend industry events, and reach out to alumni or any contacts you may have in the field.
Preparation: Brush up on the necessary skills for IB. This could include financial modeling, understanding of financial statements, and valuation techniques.
Education: Sometimes, further education like an MBA can be a helpful bridge to pivot into IB, especially from a more technical role like risk management.
Leverage Your Experience: Highlight how your skills in risk management are transferable to IB. Risk management involves analytical skills and an understanding of the financial markets, which are valuable in IB.
Be Persistent: It may not be an immediate transition and could require patience and persistence.
Remember, while it's possible, such a transition would likely require a junior role in IB to start with, as the skill sets, while overlapping in some areas, are different in others.
If some stranger on WSO (most likely a college student) says no, are you just gonna give up and not try? Just put your head down and grind instead of asking for validation
Yup I went from credit risk management to levfin- basically just need to be aware of internal job postings and immediately reach out to hiring managers and teams you’re interested in
Accusamus et fuga quia sint ipsa ut. Enim repellendus quis culpa repellendus eligendi a sequi.
Nisi sed illo a dolorem consequuntur et. Eum aut et tenetur est. Omnis ut ut excepturi reiciendis excepturi qui.
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Based on the most helpful WSO content, it is indeed possible to move from a risk management role to investment banking (IB). There's a specific example in the context where an individual transitioned from risk management to an associate position in IB. This person mentioned it took 7 months of intense networking and preparation to make the change. So, if you're considering such a move, here are some steps that could increase your chances:
Networking: This is crucial. Connect with professionals in the IB sector, attend industry events, and reach out to alumni or any contacts you may have in the field.
Preparation: Brush up on the necessary skills for IB. This could include financial modeling, understanding of financial statements, and valuation techniques.
Education: Sometimes, further education like an MBA can be a helpful bridge to pivot into IB, especially from a more technical role like risk management.
Leverage Your Experience: Highlight how your skills in risk management are transferable to IB. Risk management involves analytical skills and an understanding of the financial markets, which are valuable in IB.
Be Persistent: It may not be an immediate transition and could require patience and persistence.
Remember, while it's possible, such a transition would likely require a junior role in IB to start with, as the skill sets, while overlapping in some areas, are different in others.
Sources: The best of the back (or middle) office?, IB chance VS Ops sure thing, I don't know if investment banking is right for me anymore, Why do IB directors change shops?, Transitioning from tech to a serious finance job (yes, you read that right)
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If some stranger on WSO (most likely a college student) says no, are you just gonna give up and not try? Just put your head down and grind instead of asking for validation
Comment of the year
Yup I went from credit risk management to levfin- basically just need to be aware of internal job postings and immediately reach out to hiring managers and teams you’re interested in
Accusamus et fuga quia sint ipsa ut. Enim repellendus quis culpa repellendus eligendi a sequi.
Nisi sed illo a dolorem consequuntur et. Eum aut et tenetur est. Omnis ut ut excepturi reiciendis excepturi qui.
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