Corporate Development in Switzerland
Hi all, I am an Associate at a Tier 1 BB in London with 3-4 YoE
Was considering exiting IB and move to CorpDev in Switzerland (mainly Zurich) given that I am a bit tired of the hours and also don't want to continue grinding in PE.
Would be great if somebody could provide a bit of color on the move. Specifically the following questions come to mind:
- Timing: majority of manager positions that I see require from 5-8 YoE. Would it make sense to wait given that once I do the move it would be more difficult to climb the ladder at a corporate?
- Any idea of specific comp (base + bonus) that I could expect and for a manager position? I see that the majority of these spots are filled with Big 4 M&A or non-BB fellows - should this mean that comp wise its a big hit?
- Hours expected + vacations in Switzerland?
- I am not Swiss, but speak fluent German. Will this pose problems?
- How relevant is specific sector experience? Have worked mainly in Consumer, Industrials and Services, I guess thats a no for Pharma M&A positions
Any colour would be greatly appreciated!
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