I am pretty embarrassed writing this. I have been utilizing this forum since I was in master program. And I know this platform is full of people that are smart and probably very successful in their jobs.
I was out of MBA and now in this job for about 8 months. Non-IB background and found a IB job. Its not BB or elite boutique banks if anyone is curious. I didnt have industry knowledge or strong analytical skills and I am constantly frustruted at work. I make mistakes. My work needs a lot of edits. My manager got frustrated because he needs to spend time reviewing / editing my work. One of the managers is quite "hands-on". And he likes to make changes himself and you guys can imagine how I was feeling when he complained to me he spent so much time editing my work. That moment I was so ashamed of myself because my work was not good enough.
It is not likely that I will get fired. Because I still work super hard - i mean, in general it takes me longer to do stuff. I am still willing to spend hours (earlier in the morning / in the evening) than my peers on stuff. I never ask analysts to work late hours. I do those myself. My manager's recent feedback for me was that "you are really hard working. You are good at A, B and C. But you really need to improve on x and x."
I am not sure if this feeling is right but at this stage I dont know if it is the right job for me. I dont dislike the hard works. I think the clients I cover are interesting. I was a top performer at my previous job. I always got good grade at school. These past two weeks i have been almost depressed.
What is the nature of the mistake? Some managers are just hard to work for and it might be more 'subjective' errors. On the other hand, if its stuff like typos or arithmetics then that is another topic of discussion
Weird thing is I am good at modeling.. I am good at factual stuff and not good at telling story / pitching.
I received tons of negative feedback on my slides. Formatting wise is ok but its the contents - my slide is not delivering stories. It does not make the story flowing etc. Same for writing; when it requires writing, my writings only talk about facts but not stories, etc.
My advice for you is to go through a bunch of CIMs and study how the information is presented.
I am 90% sure you are Asian and this is a struggle I have noticed. This isn’t meant to be racist or condescending, but just that there are maybe cultural differences. Not only are you picking up banking but you are picking up a sales culture in which facts are not enough- you need to tell a story and build a narrative. Think you will be fine- just keep observing how people who have been in the industry craft their slides and what kind of verbiage they use. Odds are they are not reinventing the wheel every time. Like anything- practice/ reps make perfect.
If it makes you feel better I am 8 months into the job and have the opposite problem. Fine on content creation, still loads of room for improvement on technicals :) It takes time!
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