BB IBD Summer in Hong Kong to NY Full time
Hope everyone had a restful thanksgiving!
Recently signed an offer for a non GS/MS BB in Hong Kong for summer 25. I've seen some older threads on this topic, but was curious if anyone had insights as to if it's doable to transfer from HK after the summer to NY for full time. I'm an American citizen so sponsorship wouldn't be an issue.
Would really appreciate any insights at all -- also happy to connect with fellow incoming HK SAs. Cheers!
bump
Based on the most helpful WSO content, here are some insights regarding transferring from a BB IBD Summer Analyst position in Hong Kong to a full-time role in New York:
Language Skills: Proficiency in Chinese, particularly Mandarin, is highly valued in Hong Kong. Candidates with elite Mandarin language abilities often have an edge in securing return offers.
Networking: Networking is crucial but can be challenging. It's often more effective to connect with individuals who have a similar educational background or who have studied abroad. Randomly emailing without common ground may not yield positive results.
Recruitment Process: The recruitment process in Hong Kong can differ from that in New York. Some financial institutions in Hong Kong may not have a structured "intern-to-full-time" recruitment pipeline, which can make transitions more complex.
Citizenship and Visa: As an American citizen, you won't face sponsorship issues, which is a significant advantage when considering a transfer to New York.
Market Conditions: The financial market conditions can impact hiring and transfer opportunities. For instance, during the height of the COVID pandemic, some firms experienced headcount freezes, affecting full-time recruitment.
Company Policies: Each bank may have different policies regarding internal transfers. It's advisable to discuss your intentions with your manager or HR early on to understand the feasibility and process.
For more detailed discussions and personal experiences, you can refer to the following WSO threads: - https://www.wallstreetoasis.com/forum/job-search/2021-summer-analyst-pr…</a">2021 Summer Analyst Program for Hong Kong/Singapore - https://www.wallstreetoasis.com/forum/job-search/2021-summer-analyst-pr…</a">Q&A: HK IBD
These threads provide valuable insights from individuals who have navigated similar paths.
Sources: 2021 Summer Analyst Program for Hong Kong/Singapore, The future of Hong Kong high finance, 2021 Summer Analyst Program for Hong Kong/Singapore, All Citi Summer Analysts 2020 receive full time offer, Q&A: HK IBD
Congrats on JP!
Lmao
Id rather start in HK, assuming you have language skills
make sure you get an offer in writing before you ask about transferring
transfers are possible but honestly why didn’t you just recruit for NY if that’s what you want? This sort of stuff really annoys people
Ya that’s super fair. I did have a few superdays at good banks in ny but fucked all of them up lol. HK is rly cool too just don’t see myself staying there long term
Heard one markets Hong Kong SA converted to NY full-time. Should be doable I think
Oh nice, thx for the input. Do u know what bank this was for? No pressure to answer ofc
Not a bb and that person doesn't have US passport / green card (he studied in the states so he had opt working visa). Should be easier for US citizens
Just do a year there and transfer internally
Yea I’ve seen older threads talking about this. I’m aware GS and MS have designated rotation programs for moving between offices internationally, but not sure about the other BBs policies on this. Thx anyways!
Only Hong kong SA summer intern with little experience but can not go to NYC is doable
Better to get the full time offer and lateral after 1+ yrs than bother with full time recruiting, which is ridiculously competitive even for NYC BB/EB summer analysts shuffling between the same banks. Do you speak Chinese + local / regional languages?
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