Finding a serious finance opportunity in Charlotte

Hi All. This is my first post on WSO. I'm living in Charlotte right now, and trying to get on a serious/ambitious path in finance. I plan on working in CLT for the next couple years then moving back to NYC where I have some low-mid level contacts at some of the banks (GS, MS, JPM), 1 or 2 in IB, through my parents. I have a relatively weak background. I got into UNC out of state, where I had planned on majoring in Business, but had a lot of health problems, and a really weak GPA first semester, and ended up with a BA in Management and Society (that's one major) and a History minor. My GPA was a 2.4, and my major GPA was only around a 2.8 or so, neither of which are on my resume. I worked at a tax accounting office near my house the summer before senior year, then went to work there full-time after graduating, mostly doing accounts receivables/payables, invoices, inputting bank statements, and some tax related work. March of '14 I moved to CLT and in August got a job at one of the banks here working on the loan trading team. The job is really easy, repetitive, and monotonous, and there's not really any room there for upward movement. The management is really weak, and there's a strong mutual dislike, and now they're going to throw all their bch work at me and try to overload me with work. It's pretty much known I'm going to quit, just a matter of when. I want to get a job doing higher level finance, either at one of the major banks, or one of the boutique banks around here. I know there's a lot of opportunities in the city for something more challenging and more in line with what I want to do. I would like to work in an area more market related, ie equities, bonds/FI, real estate, M/A, etc. Anything more challenging, where I can learn, gain experience, have guidance from strong leadership, etc. I'm trying to find another opportunity ASAP, b/c this current one is making me miserable. I don't really have any connections in the city, and now have two positions on my resume that lasted less than 1 full year. I want the next position to be a serious one so that I can stay there 1-2 years and have significant experience, both resume wise and corporate wise. I've been sending out apps, but haven't received much response. Does anyone have any advice, whether situation specific or just in general for the industry? Sorry, I know this post was long, but I don't have much experience yet, and would appreciate any and all help!

 
Best Response

you will have a very difficult/nearly impossible chance with that major and gpa to get into IB or higher level finance. In charlotte youre working for wells or baml back office if not then youll have an even more difficult chance if you are with 5th 3rd or BBT. If you are at wells or baml i would use that and try to climb through the ranks by networking.

 

Debitis laboriosam delectus id harum provident voluptatibus consequatur aut. Dolorum consectetur nam consequuntur ipsum atque iusto qui tenetur. Accusantium distinctio laudantium non vero sapiente. Ea et corporis officiis eum necessitatibus et.

Vel commodi aliquam rem laborum et exercitationem. Explicabo totam id eum quae dolores ea aut.

Sit aspernatur non tempora excepturi totam sit. Nostrum minima id est eveniet dolore qui sed. Ut consequatur sunt consequatur magni sunt. Sint reprehenderit et illum assumenda voluptatem. Quam id repellat alias est est voluptatem doloribus eos.

Molestiae facere fuga tempora voluptatum autem illo facilis. Omnis eius dolores incidunt aliquam nobis. Placeat voluptatem inventore reiciendis tempore sint porro et. Sed accusamus eius aut sint.

"I know you think you understand what you thought I said but I'm not sure you realize that what you heard is not what I meant."

Career Advancement Opportunities

March 2024 Investment Banking

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

Overall Employee Satisfaction

March 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

March 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

March 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (85) $262
  • 3rd+ Year Analyst (13) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (65) $168
  • 1st Year Analyst (198) $159
  • Intern/Summer Analyst (143) $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
kanon's picture
kanon
98.9
5
Secyh62's picture
Secyh62
98.9
6
dosk17's picture
dosk17
98.9
7
CompBanker's picture
CompBanker
98.9
8
GameTheory's picture
GameTheory
98.9
9
bolo up's picture
bolo up
98.8
10
DrApeman's picture
DrApeman
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...”