Questions about CLT Corporate banking
Hello, I am currently attending UNC and have an interest in working in corporate banking, specifically in CLT. I was curious how difficult it is to break into versus IB? I would preferably like to work at one of the bigger banks in CLT (ie BofA, Wells, Truist, 5th3rd). It is hard to find info on Corporate banking in general, let alone CLT CB, so I was hoping to learn more about it from here either from people who know about the roles or are in the roles. How difficult is it to break in? Whats the pay structure like for CLT vs NYC? I am not really interested in exit opps as I am looking to be a career banker.
Thanks in advance and happy Easter weekend!
Would recommend just emailing current bankers to learn more. You don't have to know anything CLT specific to start. You'll pick it up slowly while speaking with them
That makes sense, is it appropriate to ask things about salary and such tho? I feel like thats a rude thing to ask about
No do not ask about comp for the time being. You should be asking the safe questions to start
Honestly it’s not a big deal to ask if you keep it high level. More specifically, don’t ask them what they make exactly but ask about ranges, what you can expect as an entry level, etc. Reach out to people on LinkedIn and see if you can schedule a quick call
CB is very geographically flexible. Don’t necessarily need to be in NYC or places like that. You certainly can be, but don’t have to be. CLT has a ton of CB opportunity. Lots of big banks are there. Pay structure entry level will be pretty consistent no matter where you are
And what is it typically at banks in CLT? Alot of salaries are outdated or such a wide range. 80-100k Base with 10-20% bonus?
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