F10 Treasury to Corp Dev M&A

Can anyone provide some insight into how realistic jumping internally from the Treasury of a huge F10 to their Corp Development team could be? Mind you, they are in different buildings in different towns, so networking isn't impossible but would definitely be a challenge.

5 Comments
 
Best Response

definitely possible, if only because transitioning to another department can be done within corporate finance. Now, it may be a little different (the one that I did was more of a leadership development program, so you had weight on where you wanted to rotate into). Treasury is a pretty cool function: you get your own desk, you deal with stuff like hedging, FX rates, credit swaps. I think you'll really like it. Believe me when i say this: beats internal audit by a MILE, and is usually on par or better than FP&A (very dependent on group. some are heavy forecasting and finance, some are heavy Journal entries). Best of luck!

There's a closer meaning to my user name. Try reading it quickly. Perhaps you will then understand ;P
 
alpha_q

definitely possible, if only because transitioning to another department can be done within corporate finance. Now, it may be a little different (the one that I did was more of a leadership development program, so you had weight on where you wanted to rotate into). Treasury is a pretty cool function: you get your own desk, you deal with stuff like hedging, FX rates, credit swaps. I think you'll really like it. Believe me when i say this: beats internal audit by a MILE, and is usually on par or better than FP&A (very dependent on group. some are heavy forecasting and finance, some are heavy Journal entries). Best of luck!

I'm a little confused by what you mean. I'm looking to transition out of treasury and I've been in it for ~4 years on both the Ops side (boring just like internal audit) and the funding side (a little better). Neither really allow me to weigh in on any strategic decision. Within short term funding, the extremely limited amount of risk is controlled by policy. I'm more interested in long-term investments that use fundamental research and risk factors. I did CB prior to joining treasury and still find that more exciting than what I have done recently. Currently I'm on L3 of the CFA, and leaning against (instead of for) an MBA.

Can anyone else weigh in on this for me?

 

Deleniti qui dolore aperiam eius temporibus. Placeat accusantium ducimus quas et nulla voluptate. Quae ullam ut id quia. Sequi voluptatum nihil quis dolore recusandae maxime.

Animi eos quia dolor dicta officia excepturi. Quibusdam eos doloremque veritatis.

Neque quo eum veniam. Est expedita nostrum nam eum. Voluptas doloribus possimus est eaque.

Velit voluptate officia fugit laborum. Velit modi vel veritatis pariatur.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan 01 97.1%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (15) $434
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (79) $150
  • Intern/Summer Analyst (73) $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
kanon's picture
kanon
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
dosk17's picture
dosk17
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
DrApeman's picture
DrApeman
98.9
8
GameTheory's picture
GameTheory
98.9
9
CompBanker's picture
CompBanker
98.9
10
bolo up's picture
bolo up
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...”