PE NYC in 2 years

Currently an analyst in BB in HK (think GS/MS/JPM/Barcap), really hope to go back to NYC in 2 years, perhaps through internal transfer or jump on to PE.

Questions:
1. How hard is it to transfer from HK back to NYC, coz certainly bankers in HK do not have as much deal exposure as an NYC banker, rusty tech skills?

  1. How to find headhunters that might connect HK bankers to NYC PE? Is finding headhunters even the right approach? Are there other ways? I never heard of/don't know if HK bankers get called by headhunters, let alone headhunters who are NYC affiliated.

After all, just really wanna come back to the states, it could be a small PE, could be in LA/SF/Boston...not sure.

Any input is appreciated. Thanks everyone.

 
Best Response

Your best bet is to transfer internally. It takes away most of the problems that you're facing. When I was in banking, HR was fairly open for analysts to transfer going into their 3rd year. If you think about it, most analysts leave after their 2nd year and thus everyone really values an analyst with 2 years of experience under their belt. In that case no one really cares whether you were in HK or somewhere else. Also, I think everyone knows that analysts in HK work really hard. It's on your own to figure out whether you can openly talk about this at your bank.

If you have a US citizenship or permanent residence than you can also consider recruiting at other banks for a position in NYC.

I would assume that transferring to PE from HK is pretty tough, however it should be very doable if you transfer to NYC for your 3rd year.

 

It is really hard to come back to the states. That is why students tend to choose MM, elite boutique over BB in Asia.

I agree with wallstasks. Depending on your firm, trasferring internally could be done pretty easily. After a year you should be able to land jobs at NYC PE.

 

I'm sorry that I am going a little off-topic, but to land a job at a BB in HK do you need to be fluent in Chinese/Cantonese? Given Hong Kong's history I would assume English is the language used for business.

Robert Clayton Dean: What is happening? Brill: I blew up the building. Robert Clayton Dean: Why? Brill: Because you made a phone call.
 
J_monkey:
goodL1fe:
I'm sorry that I am going a little off-topic, but to land a job at a BB in HK do you need to be fluent in Chinese/Cantonese? Given Hong Kong's history I would assume English is the language used for business.

S&T- english is fine IBD - I believe Chinese is a must.

Thanks. +1 SB.

Robert Clayton Dean: What is happening? Brill: I blew up the building. Robert Clayton Dean: Why? Brill: Because you made a phone call.
 

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