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To lateral to NYC from a B-tier bank in a B-tier city, here’s a structured approach based on the most helpful WSO content:

1. Leverage Your Current Network:

   • Build strong relationships within your current group and bank. A good internal network can help you get introductions to NYC teams or other banks.
   • Use your contacts in your current city to connect with people in NYC. Even if they aren’t in the groups you’re targeting, they might know someone who is.

2. Targeted Networking:

   • Focus on LinkedIn and alumni networks to identify professionals in the specific groups you’re interested in. Cold email or message them with a concise and tailored pitch about your interest in their group and NYC.
   • If you’ve had calls with NYC bankers but not in your desired groups, ask them for referrals or introductions to people in those groups.

3. Timing and Persistence:

   • Lateral positions often open up after bonuses are paid out (end of June/beginning of July). Keep an eye on job postings and set up alerts on platforms like LinkedIn and Indeed.
   • Be persistent with follow-ups, but ensure you’re adding value or showing genuine interest in each interaction.

4. Position Yourself Strategically:

   • Highlight your experience and how it aligns with the groups you’re targeting. If your current group’s work overlaps with their focus, emphasize that.
   • Be flexible about the role and communicate your willingness to take a step back (e.g., A1 or A2) if necessary to make the switch.

5. Consider the Unstructured Nature of Lateraling:

   • The lateraling process is often unstructured. Many banks don’t post openings publicly, so proactive outreach is key. Cold emailing banks or reaching out to friends in NYC can uncover hidden opportunities.

6. Be Prepared for Interviews:

   • NYC banks will likely test your technical skills and cultural fit. Ensure you’re ready to pass modeling tests and articulate why you want to move to NYC and the specific group.

By combining these strategies, you can increase your chances of lateraling to NYC and landing a role in one of your target groups.

Sources: Transitioning from Tech Sales to IB, 2017 Commercial/Corporate Banking Bonuses, https://www.wallstreetoasis.com/forum/private-equity/going-from-mm-investment-bank-to-mega-fund?customgpt=1, Lateralling Job Market, Canada to NYC Lateral