Explaining Desire to Lateral
So I currently work at a MM bank in ECM.
I have been interviewing at a few BB/EBs to lateral, however, I feel as if I have had some difficulty explaining my desire to move. I have been basing it off of a desire to learn more and work on larger, more exciting transactions.
How else would you explain a desire to lateral aside from saying "I think my company is not moving in the right direction", "my associate/director sucks" or "this bank pays more/is more prestigious". Keep in mind I am trying to lateral the same group. Any insight would be great, especially from someone who has experience interviewing lateral candidates.
Thanks!
What group? if a sector, i'd say access to more sophisticated clients. If something like LevFin, i'd say better resources and ability at a larger scale. Regardless- should just mention that at the analyst level it's a better foundation to work off of
Thank you. I work in ECM.
U need to do research more into companies when u apply then. Look up xyz brand name deals and base it off that, or average deal size or decent mandates. Maybe they have built a strong name because of ‘ 100 billion deal 5 years ago and every few years having mega deals ‘ or some shit
Just do the research and explain fit based on ppl Networked with
Thank you, I will dive deeper in for my upcoming interviews.
So far, I have been running deal screens on the bank's last couple of years, mentioning a few notable deals, citing average transaction size, and a desire to work on more actively bookrun offerings.
Et iste corrupti omnis aut. Voluptatem totam voluptatem autem voluptatum. Enim aut ipsa et porro natus expedita voluptates iure.
Numquam dignissimos earum rerum nulla ipsa unde sint. Ut enim et modi ratione cum.
Quis id est et quo accusamus occaecati. Velit maiores est quae cum ab. Aut aut animi est consectetur. Explicabo numquam dolor rerum perspiciatis. Et omnis perspiciatis consequatur recusandae nam. Repudiandae tempore exercitationem cupiditate aut necessitatibus quia. Omnis qui aliquid ut neque consequatur. Dolorem in possimus laboriosam cum.
Nulla quas provident laboriosam odit nam deleniti accusamus. Eligendi aliquid sapiente ut animi qui laudantium sit et. Molestiae dolores consequuntur id ex. Beatae sit et neque quisquam. Quas consequatur nostrum ut ut aspernatur quia.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...