Breaking into Tech Corporate Banking
Hi all! Been 2 years as an Analyst in corporate banking in a oil and gas / metals space, and want to transition to Tech corporate banking. I have a few tech deals I've worked on as a 'volunteer' (basically how my team is structured; they let me work on other deals in sister teams) and have some things to state on my resume, but definitely less experienced when it comes to other candidates with direct tech corporate banking experience. Does anyone have any experience transitioning to a different industry within banking? Would love to hear how you did so, and any advice! Thank you in advance.
Transitioning to Tech Corporate Banking is definitely achievable, especially with the experience you've already built. Based on the most helpful WSO content, here are some actionable steps and advice:
Leverage Your Existing Experience: Highlight the tech deals you've worked on, even if they were as a "volunteer." Frame them on your resume and in interviews as valuable exposure to the tech space. Emphasize any specific contributions or insights you brought to those deals.
Network Strategically: Reach out to professionals in tech corporate banking, especially within your current firm if possible. Many banks have internal mobility programs or are open to lateral moves. Use LinkedIn or alumni networks to connect with individuals in tech-focused teams and seek informational interviews to understand their work and express your interest.
Upskill and Demonstrate Interest in Tech: Show your commitment to the tech space by staying informed about industry trends, major players, and recent deals. Consider supplementing your knowledge with resources like tech-focused podcasts, books (e.g., Zero to One or The Cold Start Problem), or even basic coding knowledge if relevant.
Tailor Your Pitch: In interviews or conversations, articulate why you're passionate about tech corporate banking and how your skills from oil and gas/metals translate. For example, emphasize your ability to analyze complex industries, manage client relationships, and structure deals—skills that are transferable across sectors.
Internal Moves as a Stepping Stone: If transitioning directly to a tech-focused team externally seems challenging, consider moving internally first. Many banks have innovation or tech-focused groups where you can gain more direct exposure to the tech industry while leveraging your existing network.
Be Persistent and Patient: Transitioning industries within banking can take time, especially if you're competing with candidates who have direct experience. Keep building your tech-related experience and networking until the right opportunity arises.
By combining your existing experience, networking efforts, and a clear passion for the tech space, you'll position yourself as a strong candidate for tech corporate banking roles.
Sources: For Those Considering Banking - Some Broad Advice, Exit opps for tech bankers, https://www.wallstreetoasis.com/forum/trading/move-to-tech-in-search-of-better-wlb?customgpt=1, Transitioning from Tech Sales to IB, BB Analyst Impacted By Layoffs - Looking for Insight
Saepe quod perferendis et dolor qui quo facere. Consectetur natus iste fugiat quidem alias neque velit. Quia ut quisquam quasi veritatis alias nemo dolore. Rem tenetur facilis animi ab et similique et beatae. Ipsum nam aspernatur quia accusamus.
Neque porro natus labore. Ipsa consequuntur amet quo non qui. Commodi dolorum maiores numquam dolores autem et dicta temporibus. Et quaerat et rerum fuga.
Accusantium consequatur ut explicabo autem maxime aut in. Quia quis omnis impedit tempore voluptas. Quae numquam aut ad ipsum a. Omnis tempora rerum blanditiis culpa dicta quas temporibus.
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...