Got Yelled At by Manager
Like the title says, I got yelled at by my manger. To give some background, I’m at a MM bank in an equity research role. I started around 10 months ago. My first 6-month performance review was stellar but I have since felt like I have fallen behind. I’m not sure what it is but I feel like I am not fully grasping my sector, which is leading me to ask many somewhat simple questions. Yesterday, I asked my manager something a he just went off. Pulled up a list of every associates he ever worked with and said I am the worst of all. Even worse than the only guy he fired. I’m not sure if this is scare tactic or not, but I have been really stressing out over this and have been wondering whether he’ll let me me. Should I start applying elsewhere?
*let me go
Not saying your manager is justified but it surely can't just be because you're asking questions?
Quietly start applying elsewhere. He doesn't sound like an analyst you're actually learning under. If you had a good 6 month review, you have the technical capacity to do the job.
Lol your boss sounds like an asshole. He's the guy that hired you. If you're retarded, then what is he?
At the same time, doubt you're giving the full story. Anyways, I'd start looking around. Can't hurt.
Anyone can move to a garbage LO or startup HF that’s desperate to hire. I would start looking at those. Probably not good for your prospects on the sell side if you’re getting yelled at this soon into the job.
Just say you’re at RayJay 🤣
What makes you think it’s RayJay
Out of curiosity...Dying to know what the question was that triggered your boss? I'm surprised you got chewed out so badly for asking an innocent question only a few months into the seat. Which begs the question...Was it an innocent question? Or was it one so especially dumb that any reasonable person within earshot would blow an aneurism?
In all seriousness! The answer to this question ought to inform next steps IMO...
Couldn’t find one of our old primers I needed to reference.
If it is readily available then it is pretty bad to not be able to find it. After all it is research.
I mean, you probably should have just found it yourself. BUT, your PMs reaction feels like overkill. Punishment exceeds the crime. If it were me, I'd sit down with PM and ask him what's really going on. Clearly it wasn't this isolated question that set him off like this. Seems like he's been biting his lip for some time and you asking for the primer was the straw that broke the camel's back. Communication & transparency are key (as is the case with any relationship) - just ask him. And I don't think it's a bad idea to start shopping for a seat elsewhere, as this doesn't seem like a rosy relationship that will be sustainable over the long run. Good luck dude
Sadly, your manager's behavior is not an anomaly. ER is pretty stressful and a lot of analysts do not cope with the stress well which then manifests into toxic environments. If it is a one-off situation, then I would let it slide. Have a chat with your manager when they seemed to have cooled off and ask how you can improve to be a better associate for them. If the yelling happens pretty frequently, it is time to start applying elsewhere.
Thank you for your advice
This. 2+ years into my seat, and I am pretty much yelled at during every earnings. They later come back to say that the reaction on their part was unwarranted, and that it was merely because the small mistakes that I made pissed them off since a mistake here or there would mean they would have to recheck during a time which is already stressful and deadlines looming. I don't think my job is at risk and i learn plenty from them. They also appreciate me for a lot of value-add research that I initiate on my own.
Any updates OP?
I’ll give shortened version. It all turned out okay. We had this large looming project and the deadline was approaching. Once it was submitted, my MD greatly relaxed and feels like a different person . Honestly, I think he was just stressed out and took it out on me as the new guy. Still not sure what I want to do in terms of exploring other options, but I worry that any time a major project comes up, this cycle will repeat again.
I would schedule a 1 on 1 and talk about it to clear the air. That way you get a better sense of where he's at with you and if you need to make changes. Tbh even if it does feel fine I would look elsewhere asap. I learned the hard way twice and I've been unemployed a year now.
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