Pigeonholed in NMTC Space / Impact Investing

Good Morning,

I have been working for a CDE (Community Development Entity) in the NMTC (New Markets Tax Credit) space for a little over 4 months now as my first job out of Undergrad (non-target).   The deals we work on are multi-layered and mid-level for complexity.  I have gained some exposure to complex financial modeling as well

I am growing concerned that the longer I stay in this niche business, the more pigeonholed I will become as far as external lateral opportunities are concerned.  I am also afraid that the skillset I am building in the Impact Investing / NMTC line of business won't be transferable to any other areas in Finance should I wish to make a change. 

Would anyone be able to offer insight on this and if I should make the move out of the NMTC / Impact Investment space before it is too late? 

Thank you

 

Et accusamus et enim sequi. Et mollitia ad minima delectus asperiores accusantium incidunt sint. Labore fugit id corporis iusto rem.

Quia cupiditate eligendi molestias qui excepturi. Suscipit soluta odio consequatur perferendis eum eaque deleniti. Non mollitia nobis ut accusantium quisquam expedita libero.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

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
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
Jamoldo's picture
Jamoldo
98.8
10
Linda Abraham's picture
Linda Abraham
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...”