Moving from NYC to hong kong
I am currently considering the possibility of doing an exchange internally from the NYC office of my bank to the hong kong office. I would like to know what the potential pros and cons of the move would be.
A bit of background: I am a 2nd year associate in a successful group of a top tier bank. The exchange would probably be for 6 or 12 months, preference would be for 6 months as I would like to be backin nyc for a full year for my promotion year (LT planis to be in NYC). I do not speak any Asian language.
What are the pros and cons of such a move? Is there a risk I would not be able to come back to the nyc office? (I don't think so but have you heard of is happening?). Would that blow promotion chances up? Any bonus risk?
I have been told that the technical level of the pitches is lower than in the US but that the client exposure junior people get is higher (which would actually be a positive for me).
Any thoughts would be appreciated.





This is a step backwards, no?
This is a step backwards, no? Why would you go out there? Are you explicitly getting paid more or at least getting promoted?
dabanobo: This is a step
This is a step backwards, no? Why would you go out there? Are you explicitly getting paid more or at least getting promoted?
Partly personal reasons, mostly because of the increased client potential exposure. Rationale is that it would be for less than a year, and I'm still an associate so I can still do it now. I intend on getting promoted in NYC when I come back. Financially it is better I reckon with taxes being lower, etc. but that it not the reason why I'm going there.
I do agree that LT it would probably be a step back.
Hong Kong is an awesome
Hong Kong is an awesome place, and if you can go there for 6-12 months, you'll have a blast. I don't know anything about issues with internally transferring/moving back though, sorry.
HK rocks. Only do it if they
HK rocks. Only do it if they throw some fringe benefits your way, such as temp membership into the American Club. It is really hard to do a lot of "american" style socializing(tennis, golf, etc) without belonging to an expensive club, and of course there is LKF which is awesome.
Go! You only live once and
Go! You only live once and you can't put a price on the opportunity to see the world
Again it depends on what you value, but I'd do it, especially since its only 6 months...
YOLO
YOLO