Commercial Banking Offer
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Commercial Banking Offer
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April 30, 2024
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This experience won't directly lead you in that direction per se, but if you make the most out of it, network, and have a long term outlook (i.e. make the jump to ER or AM 3-5 years down the road) then you can make it happen for yourself.
Typically people who want to move out of commercial banking have an clearer path if they're trying to network into corporate finance related roles (MM IBD, Corporate Banking, F500) instead of asset management or markets-related roles. However, I do know people who were in BB Corporate Banking (same as commercial banking only working on bigger more complex deals and serves large corporate clients instead of middle market companies) and after 1-2 years and specializing in a specific industry were able to lateral to ER covering the same industry they specialized in while in Corporate Banking. Not sure how easy it is to transfer from Citi Commercial to Citi Corporate, but that would be something I'd suggest to pursuing after a year or so in commercial banking if you end up taking the offer.
If you don't mind saying, what is the location of this offer? Do you have any other offers/potential offers?
Also, b-school.
whats base? 70k?
your main exit opps would be DCM or leve finn. I have also seen someone go into buy-side credit research from commercial banking.
Is GE Capital a commercial bank?
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