Wise brethren, I humbly seek your advice
Profile: 10 years work experience post MBA, exp in Front office deal teams, risk , all of it in structured finance.
I am currently in the process of negotiating an offer for Structured Credit Financing role ( front office/deal team) in a European bank . The position is not in NY,LDN,FFT.
I hold a prior live offer from a large buy side credit fund in their FP&A / Finance role which I had received 1 month back (approx 20% hike)
1. Is it safe to use the earlier live offer while negotiating with the bank now?
2. Is there a possibility of it backfiring from HR / hiring manager, if it is disclosed?
- why are you shopping for offers if you currently hold one?
- why didn't you disclose earlier in the interview process that you already held an offer?
3. Is it standard practice in the IB/GM business to negotiate offers based on what the candidate currently holds? Does the HR expect it or is this unprofessional/frowned upon?
4. If I hold a live offer, does that become the base for any future negotiations or is the prior salary itself taken as base for negotiations?
5. How should we provide an estimate for expected salary from the current base and live offer?
Please kindly help.
Adipisci voluptatem porro repudiandae tenetur et voluptatum ea. Dolorem est vero quia dolorum quis. Alias eius culpa soluta. Magni odio quod iste nulla.
Pariatur id et suscipit adipisci impedit fugiat totam voluptatem. Ipsa voluptas vel rerum illum. Quas harum nesciunt consequuntur neque nesciunt. Libero aut minima dolorum doloremque error molestias dolorem. Dolor quibusdam provident esse quis. Maxime molestiae deleniti nulla in alias iure.
Eos vel eum nam voluptas asperiores qui vel. Incidunt error laboriosam ipsum ipsa aut est et rem. Incidunt voluptas delectus eius qui ut deserunt. Velit nobis eos illo voluptatem dolore commodi eos dolore.
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...