boss quit

My boss will leave the company in the next couple of weeks and I am concerned what this means for me.
I work in the corporate finance team of a multinational company but about 80% of my current work comes directly from my boss (of course). I work directly with other leaders in the company for the the remaining 20% of my work. My boss likes to stay in the limelight so it is possible that this might mean more exposure and better work opportunities for me. On the other extreme, with my boss gone, I am concerned if I should be worried about my job.

This is my first gig in finance so I am concerned what my boss's exit means for me. Thoughts?

I have been thinking about switching companies for a while now and have been taking my time to prep for interviews, network, etc. to get a "great" job but now I am concerned if I should just jump on to the next thing that comes up.

Let me know what you think based on what you have seen in the industry. Thanks!

 

mncs are HR machines, if yours is similar to mine, chances are they already had someone lined up that has been groomed to take on this position without skipping a beat. would wait to see who the new person is but i guess it's not bad to have your ear to the ground on other opps in case you don't like the new set up. turnover whether it's internal or external is good, it allows opportunity for you to gain more limelight and people to move up.

 

@"lax88", @"TwoThrones" ... Thanks for your responses... I was concerned because my boss had pigeon-holed me a bit in terms of work mainly because she is a terrible control freak ... she literally did not want me talking to other departments in the organization - which made doing anything worthwhile in my job (corp fin) extremely difficult

Anyway, long story short it seems that her going may actually turn out to be good for me because of greater exposure and responsibility.. fingers crossed..

 

Et velit delectus quos quia minus. Amet qui expedita dolor sed maiores. Est assumenda est magnam doloribus voluptas nisi vitae. Magni voluptatem exercitationem voluptas accusamus maiores eveniet aut. Rerum atque vitae qui distinctio fugiat quae nobis.

Vel earum quos beatae. Itaque non voluptatem sapiente asperiores ad quia occaecati. Consequatur eum ut dolor asperiores unde.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
kanon's picture
kanon
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
dosk17's picture
dosk17
98.9
9
numi's picture
numi
98.8
10
Kenny_Powers_CFA's picture
Kenny_Powers_CFA
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...”