So I've accepted an offer from a BB (think Citi, JPM, Merrill) in NY and I would ultimately like to end up in London for my second year. How should I go about this? Should I start telling people relatively early to get the wheels in motion or wait for a bit and spring it on everyone around 9 months into my analyst stint? Anyone have experience doing this? Feel free to PM me if you have and don't feel like posting.
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why not wait till your third year? it's rare for second years to be moving about. groups don't always appreciate that.
NYC -> London (Originally Posted: 04/12/2011)
Hi,
I am currently a Junior at a target school (US) and will be interning this summer in IBD at an European bank in NYC. I am European myself and, for personal reasons, I wish to start my career in London.
Is it feasible to land a FT there considering I am doing SA in NYC? Though I really like my bank, I also consider going through FT recruiting, probably through OCR. In this case, do you know if it possible to get an offer abroad this way? If anyone here has done this, please let me know if you have any advice (like networking already with bankers in Europe, etc).
Last summer I also interned at an European bank in NYC. My boss asked my whether I would be interested in working FT for the bank and I told him I want to start in London. So I gave him my application, he forwarded it to the right ppl on London, I got an interview (and AC), nailed it and got an offer.
Just tell everyone (if you know that they like you and are satisfied with your work) that you really want to work for this bank and let them know you want to go to London. They'll help you!
Good luck!
... may I ask which bank it is?
New York --> London (Originally Posted: 06/05/2010)
How would I break into London from the US? I will be a junior next year and I am curious what is the most practical way to go about securing a full time offer for IB at a BB in London.
1) Apply for junior year summer analyst positions directly in London? 2) Spend junior summer in US (NY) at a BB hopefully and somehow transition to London for full time? 3) Start out working in US full time and move over after a few years?
Which of these is the most feasible solution? Would this process be any easier if this was for S&T instead of IB? Also, would it be easier if it was a boutique instead of a BB?
Any thoughts? Thanks guys
do u have an EU passport, because that would make things alot easier
I'm curious as well.
How does an American even interview in London? will they fly you in from across the pond for a face-to-face interview/super day?
I joined the London desk FT after a SA in NY, since it would be a great experience for what I'm doing (S&T).
Doesn't London suck hard at the moment for IB? Bonuses, reputation, deal flow?
NYC to London (Originally Posted: 04/25/2012)
Hey everyone,
So I'm still in undergrad and am hoping to work in IB for a few years after college. However, at some point I'd really like to go to work in London. How easy or hard is it to transition? I have some friends from Europe looking for work in the US and it seems tough (all the immigration paper work, sponsors, job permits, etc). Is it as hard as it seems to move to London? Would it be easier to go to grad school there first and settle in, and then transition into a career? Or just try and get hired straight out?
Regards,
If anything I would move to Asia. Major opportunities are opening up there and many MD's I've met at banks have reiterated that they're shifting a lot of their focus towards that region.
Can anyone comment on how easy it is to go to Asia or latam on the trading side? Does it help as a Spanish speaker down there?
you need to be able to speak spanish...having citizenship is a plus
NYC > London transfer? (Originally Posted: 03/25/2011)
I have signed an offer at a US BB (JPM, Citi, BAML) and will start FT in NY in July. I am originally from the UK and have UK Citizenship etc and was wondering how easy it is to move to a London based team after the first year?
Is it simply a matter of raising my preference or is there going to be a very long process? I assume since I'm already a citizen it would make things much easier. When should I bring up this request? A few months in? Or near the end of my first year?
I suggest mid year review.
What's wrong with NY. It's wayyy better than London.
London is his / her home. It's normal they'd want to go back.
Philly is my home and I can assure you have no desire to go back
There's a pretty big difference between London and Philly.
London has worse weather? Uglier women? Shittier food? Love the EPL tho I'd go for that reason alone.
Worse weather: Yes. Uglier women: You've obviously been to the wrong parts of town. Shittier food: Once again, you've been to the wrong places.
As a place to live London is MUCH nicer than NYC. I grew up outside NYC and work in London now, the neighborhoods in London shit all over even the nicest neighborhoods in NYC. There is nothing in New York that even compares to places like Kensington, Belgravia, Chelsea, Mayfair, Marylebone, etc.
That being said, the Americans I know who dislike London generally tend to be the frat guy types who miss American sports, the bars in Murray Hill, etc. This is totally understandable to miss what you enjoyed in the country you grew up in, but most Americans I know who work in the banks over here tend to agree that London is a hell of allot nicer.
Food in London is just miserable...Fish & Chips and curry? Please.....
In London if you move up the ranks at BB, I heard that majority of your compensation goes in the form of stock options
Is it possible to go from SA in NYC to FT in London? (Originally Posted: 07/24/2011)
Is it safe to secretly contact HR of the same firm across the pond before my internship ends? I'm a little worried that the HR person in London might get in touch with my recruiters / superiors about my intentions... My superiors assume I'm gonna stay here (so i'm guessing they're not happy to hear about my decision). I don't need a Visa to work in the UK if that makes any difference.
So you are looking to screw yourself? Of coarse the HR person will contact the HR person in NY and HR person in NY will contact your boss and your boss will not be happy to hear about this from their lips. Wanting to be somewhere else is ok, but it often results in not getting the offer even if you speak to your boss first. They will only keep you if you are a top notch analyst and they don't want to lose you or they really like you for some reason. Otherwise, chances are they will not make much effort to recommend you to London - they just won't give you a job in NYC.
IF you hate it there then look for a job in London in another firm. Take a chance, but know that you have a great chance of not getting an offer at all. If you get an offer stick with the NYC and move back later. Remember, you are an SA not some hot shot with privilages :)
I was in a similar spot once, but each place could be different.
wait until you have a full time offer at your current firm, sit down with your boss and explain why you'd be interested in London, and then contact HR. If you are at a BB they are usually pretty accommodating for SAs who are interested in a different location or group.
Transfers are routine for FT after SA - especially if you have the necessary paperwork / language skills (e.g. EMEA and APAC).
I'm a BB SA in London wanting to go to NY...let's switch!
I'm glad to have asked this on here first before sending out an email to HR!
@ chunkylover53 yeah absolutely ;)
I think banks have a sort of "no poach" policy when it comes to their offices in other locations. They simply don't want to train and trust you, only to then "lose" you to London. I have never heard of an SA doing an internship at location X and then going FT at location Y, UNLESS there was no headcount at location X, but some at location Y or if for some reason you couldn't get a work visa (which I guess does not apply to you). Most common thing to do is work 1-2 years FT and then transfer. So, unless you are the #1 intern this summer or happen to work a LOT with people from the London office, I would really get the offer first and see then. Also, it's better to talk to your Junior mentor first (or someone you do trust, but is ideally not in your team) and then go ask about previous analysts moving abroad (don't mention right away that you want to move). If they don't know of ANYONE moving after an SA, it's safe to assume you should wait a bit. However, my advice is be VERY careful with what you say (and who you talk to). News travels super fast at a bank and when only 50% (or less) interns are given FT offers, coming across as not completely loyal may quickly work against you in getting an offer at all.
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