Dec 27, 2021

Associate -> VP switching banks?

Has anyone DiAgoNaLlY hired before? Switched banks for a promotion immediately? I know many times people will lateral for more upward mobility. But has anyone WITHIN IB done this?

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6 Comments

Evianstone

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I know this can happen if you have a promotion in hand and are moving to a similar level or lower level firm. But if you are moving upmarket, then I don’t see it happening for most firms.

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Authored by: Certified Investment Banking Professional - Vice PresidentCertified Investment Banking Pro

VP in IB-M&A

Agree, moved as Associate 3 to VP from same level BB to another BB

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Authored by: Certified Investment Banking Professional - Vice PresidentCertified Investment Banking Pro

ebitdurrrr

Former co-worker of mine lateraled from Assoc 3 at a MM product group to VP at a quasi-BB coverage group.

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Authored by: Certified Private Equity Professional - 2nd Year AssociateCertified Private Equity Pro

ctrl_scroll lock

Totally doable. Moved a few month ago from An1.5 at a MM in Toronto to Associate FIG Coverage at a MM in NYC

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Work fast, sleep faster

Works at Evercore

My friend just did EVR Associate -> Allen VP last month.

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Authored by: Certified Investment Banking Professional - Vice PresidentCertified Investment Banking Pro

AltRightWarlord

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Associate -> VP switching banks?

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Associate -> VP switching banks?

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