Barclays Corporate Banking Pay and Work Culture?
Hi all,
Got a verbal offer to lateral over to Barclays' International Corporate Banking team in New York as a Senior Associate. Would love to hear about the comp, hours, culture, etc.
From some of the chats I've had with people that are there, tends to be very lifestyle driven and quite chill relative to the American banks at the cost of comp haircut. I also would love to know more about the modeling/coverage that Barclays does and how it looks? (For context my current bank the Corporate Bankers usually help IB with the models). Any insight would be much appreciated
Thanks!
Worked there for a few years up until around 2023... people were nice and culture was friendly, pay (especially bonus) was quite abysmal compared to street (talking less than 10% of base). We unfortunately didn't get much reps with modeling and only used internal tools to model that didn't translate at all to other banks. Work hours was usually 930 - 430 so extremely laid back, guess that's the trade off with the comp
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