Burnout due to VPs, help
All,
Feeling at the border of burnout right now and would appreciate some feedback maybe to get back down to earth / chill about the whole situation.
Joined a top bank in a sector team at the senior associate level, following years within a specific industry (e.g strat manager at Google before landing in TMT at EB…). Currently shocked by the level of a few VPs / staffers (seem to be relative only to this team within the bank though), that are working me like a dog. Can’t support to be managed by people who lack that much of knowledge and can’t reproduce a third of what juniors can do for them.
Heard they are lateral/nepo hires, and they come from different industries so they basically lack technical background (can’t even model a simple DCF…), but they also don’t have the decency to have sector nor players knowledge (told them about major players in our industry and they told me they never heard about them…). Will do shit like copy pasting text from an LOI into another document without adjusting wording, or deleting your PPT without creating rider version.
Don’t know what to do at this stage as they are feeling super insecure on a daily basis due to most juniors being better than them, making our life super hard.
Should I jump as much as possible, after bonus hit? Should I report to our MDs that working with such VPs is a nightmare? At this stage can consider every scenario…
Thank you
bump
How can they be VP without sector or technical knowledge, am genuinely curious. Wouldn’t they need this to check your work? Who provides you guidance when modeling complex scenarios?
They don’t. They let juniors do all the modeling by themselves and pray that we manage to achieve MD guidance. They have never reviewed one single model I did because they can’t even trace an index match, do a sumifs etc.
I have honestly never experienced that. If you make a mistake in an LBO model they wouldn’t know.
Same thing happened to me. In my case, nothing helped and I ended up lateraling. The only two pieces of advice I can offer are:
1. Don't try to have a professional conversation with your VP
2. Don't talk to your MD. They already know and don't care.
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