Hey guys I'm a second-year associate at a new French bank trying to build a good ER team (pretty obvious). My analyst hopes that I do all the research and he/she does all the client interaction. He doesn't teach me at all but was very picky of my model/note, even grammar/typos in internal emails (I'm not native but I have very good academic records)
For example, he requests that I work five days in the office, arrive around 7am (even if I live in NJ), and do a news write-up just for him (rarely published) before 8am. When hired, I had 1-year experience and I was hired as the only associate on the team. He constantly compares me with some 5-y associates on other teams and implies that I'm overpaid. (I'm indeed paid more than other second year associates but they are not the only associate on the team).
I talked to his previous associates, one of them felt exactly the same and suggest that I lateral ASAP. I've been passively looking for a while but the market right now is not good at all. I may have to accept a lower package.
My mental health is getting worse, I wasn't able to focus and perform as I could and it's forming a vicious circle. My manager is getting more hostile everyday and I can see myself fired by the end of the year.
Should I just go ahead and do the bare minimum until I got an offer, or should I go explain my mental health issue, request some time off and give this job another shot?
Thanks for all the suggestions.
If what your saying is true, send me the location, will bring my bat to your office and wait around the corner after work
I will be lying if I say I never had that thought
I would definitely start to look. I assume you're supposed to be in by 7am and leave no earlier than 5pm? What sector are you covering?
I normally leave around 6:30-7pm, or 9pm during earnings. Healthcare
While I'm sympathizing with your situation, your hours seem fine and reasonable. I think people have to remember that commuting to the the office 5 days a week had been the norm for decades until this pandemic. You also made the choice of living in NJ with a longer commute time than those who live in the city. That said, perhaps your complaints are more about not getting properly mentored and I agree that you should lateral / move as soon as possible especially if you feel that your mental health is deteriorating.
What's your analyst's reputation internally? I assume the DoR has an idea of what's going on if previous associates have turned over due to the same issue.
In that case, one of the best case scenarios would be to switch teams if you could have a conversation with someone other than your analyst. It's also very possible he manages relations internally, with his associates as the exception.
On the flip side, it sounds like you're getting decent experience (at the expense of your mental health). If the above isn't possible, I would try to remind yourself that you're learning, but to keep looking elsewhere as you are. And don't be afraid to explain why you're looking elsewhere. When I was recruiting I spoke to my now analyst about how I didn't want to end up working for some jerk and when I spoke with him (as well as the DoR later on) they both said the same thing: we have a no a-holes policy here. I say this to remind you THERE ARE decent shops out there. You might just need to be open about the experience and talk to a few people to find out who they are. A good analyst will connect you with his associates (and former associates) to speak to their work style, associate treatment, etc.
Edit: Want to say I agree with Anonymous_IV about the commute thing. That was your decision and you have to own it. The quicker you can get through the "woe is me" mentality, the better off you'll be. And then you can focus on getting out of your current situation.
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