Will my firm block me from covering my sector?

Currently work in corporate strategy at an F500 tech co. Have an offer to be an ER associate at a BB covering my sector. That's great, I want to accept. 

The problem is that I manage our deal/partnership pipeline for dozens of the most important strategic partnerships that my company has. Due to having access to such confidential information, do you think my firm would block me from taking the ER gig if I accepted it? 

Obviously, everyone has access to information when leaving their company, just don't do anything unethical and you are good. I'm just curious on what I should expect if anything at all? Do you guys have anecdotal stories tied to stuff like this?

Comments (5)

Jan 23, 2022 - 10:38pm
tuscon-sun, what's your opinion? Comment below:

No, you won't be blocked. You'll obviously not be able to use any MNPI you have gained through your strategy role (and take huge care to make sure nothing slips to your boss) but after 6 months, you'll be far enough removed that it'll be okay. Especially as an associate without any lead coverage, as long as you don't give out any info, it's fine. 

  • 1
Jan 25, 2022 - 10:30pm
tuscon-sun, what's your opinion? Comment below:

No, if anything, it gives you unique insights into the industry. After a long enough cooling off period, any MNPI you may have had is likely public or less material than it once was. Again, just stressing that you should absolutely keep confidential anything that was confidential while you were in your strategy role. 

  • Analyst 2 in CorpStrat
Jan 24, 2022 - 7:20pm

Sint quod in vero molestias atque. Fugit officia est sit non occaecati et. Placeat excepturi numquam cum hic nihil qui.

Voluptatem qui placeat doloremque alias sapiente amet eius. Quae culpa aut cupiditate. Aut eligendi enim iste officia porro in vero.

Quasi asperiores iusto illum quos ut dolor nobis. Accusantium perferendis ipsa tempora molestiae eum animi. Iusto dolores explicabo quibusdam dolore. Rerum perspiciatis est earum maiores dicta.

Start Discussion

Career Advancement Opportunities

May 2022 Investment Banking

  • Jefferies & Company (▲03) 99.6%
  • RBC Capital Markets (▲07) 99.2%
  • Bank of America Merrill Lynch (▲02) 98.7%
  • Lincoln International (▽02) 98.3%
  • Houlihan Lokey (▲07) 97.9%

Overall Employee Satisfaction

May 2022 Investment Banking

  • Jefferies & Company (▲12) 99.6%
  • Rothschild (▲02) 99.1%
  • Truist Securities (+ +) 98.7%
  • Greenhill (▲06) 98.3%
  • Houlihan Lokey (▲07) 97.9%

Professional Growth Opportunities

May 2022 Investment Banking

  • Jefferies & Company (▲04) 99.6%
  • Bank of America Merrill Lynch (▲06) 99.2%
  • RBC Capital Markets (▲09) 98.7%
  • Lincoln International (▲02) 98.3%
  • Houlihan Lokey (▲06) 97.9%

Total Avg Compensation

May 2022 Investment Banking

  • Director/MD (9) $661
  • Vice President (36) $393
  • Associates (180) $246
  • 2nd Year Analyst (109) $161
  • 3rd+ Year Analyst (17) $156
  • 1st Year Analyst (348) $148
  • Intern/Summer Associate (73) $146
  • Intern/Summer Analyst (272) $91