Should I Lateral?

Hey all,

Getting close to wrapping up my first year at a NYC-based shop (lower tier bank). 
 

I really like the team I work with and the compensation is street, however I am lacking in terms of experience. Not much deal flow and a lot of pitching and financing work.

The pros are that I don’t really work very much (usually done by 9PM) and don’t work many weekends. Team is very nice and environment is low stress. Friends have been telling me I should start looking for other places as my exit opps will likely be not so great here.

Feel like I need to leave for my own professional well being / better prestige on my resume but can’t wrap my head around that I may be leaving something good here. 
 

Is anyone in a similar situation? Constantly asking myself how bad it can really get at other places, and what I may be giving up long term by staying here 

 

I mean if you’re getting paid well, low stress, good WLB and like the culture/team why are you worried about exit ops?

You sound like you’re in a really good place so why not just stay and progress? Just my thoughts.

 

Omnis ut adipisci occaecati consequatur animi. Et tempore sed id aperiam rerum odio tempore. Eius accusamus harum dolores est.

In dolor enim ex illo ratione excepturi. Recusandae cum dolores voluptate optio. Et blanditiis asperiores aliquid temporibus recusandae. Dolores iusto doloremque suscipit eos. Cumque ab cumque est quisquam sunt.

Asperiores incidunt ut quod molestiae alias enim qui vel. Consequatur corrupti hic ut reiciendis.

Career Advancement Opportunities

June 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Perella Weinberg Partners New 98.9%
  • Lazard Freres 01 98.3%
  • Harris Williams & Co. 24 97.7%
  • Goldman Sachs 17 97.1%

Overall Employee Satisfaction

June 2024 Investment Banking

  • Harris Williams & Co. 19 99.4%
  • JPMorgan Chase 10 98.9%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 05 97.7%
  • Moelis & Company 01 97.1%

Professional Growth Opportunities

June 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.9%
  • Perella Weinberg Partners 18 98.3%
  • Goldman Sachs 16 97.7%
  • Moelis & Company 05 97.1%

Total Avg Compensation

June 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (22) $375
  • Associates (93) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (69) $168
  • 1st Year Analyst (206) $159
  • Intern/Summer Analyst (149) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
GameTheory's picture
GameTheory
98.9
6
kanon's picture
kanon
98.9
7
CompBanker's picture
CompBanker
98.9
8
dosk17's picture
dosk17
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”