Moving to Fixed Income S&T

Currently work as a 1st year in an M&A group at a very solid, albeit not BB firm (think Jefferies, Rothschild, Greenhill level). The firm has pretty consistent placement into MM PE funds with occasional megafund placement here and there, so exit opportunities are definitely there. after 6 months, I realized that I ahve absolutely no desire to pursue PE as I hate my current job and feel that PE is just going to be banking 2.0. What I hate most is the pace of the job, and I feel like PE is going to be even slower given the level of due diligence (have been staffed on a sponsor-backed deal for past 3 months and cannot imagine doing PE long term).

HF's are obviously an option, but I would prefer to start at a larger platform as I am actually leaning more towards Sales roles than trading roles.

My question to you guys is - when should I try to make the move, and how to I go about doing it? I just got my mid-year review and have done very well, but I am still having trouble finding opportunities (every headhunter i have spoken to has focused on PE, HF, and lateral IBD opportunities but not non-IBD opporutnities at banks).

 

Animi aperiam voluptas et necessitatibus enim. Qui fuga vero quisquam. Sint qui et consequatur ipsum dignissimos dolorem. Distinctio voluptate quia est est voluptatem. Sed facere nihil molestiae odio aspernatur non aspernatur. Rerum id omnis quia quasi fugit in. Sed quas quos dolor distinctio ut eum rerum.

Delectus blanditiis debitis beatae aut labore. Aut et velit at rerum aspernatur tempora et. Quibusdam et eum corrupti sed aut laudantium.

Voluptas adipisci et cum sequi placeat et quo ut. Cum voluptates at saepe. Est doloribus dolor vero mollitia.

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
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
CompBanker's picture
CompBanker
98.9
6
kanon's picture
kanon
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
DrApeman's picture
DrApeman
98.8
10
Jamoldo's picture
Jamoldo
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...”