FT re-recruiting networking

When networking with other banks for FT recruiting, during your SA stint, would you recommend reaching out to folks who worked at the firm you're doing your SA at and lateraled to a better bank in hopes of finding a point of commonality or does the increased possibility of it getting back to your group outweigh the benefits?

 

Based on the most helpful WSO content, when networking for FT recruiting during your SA stint, reaching out to individuals who have lateraled from your current firm to another can indeed provide a valuable point of commonality. This strategy can be particularly effective because:

  1. Shared Experience: These individuals understand the culture and work environment of your current firm, which can lead to more meaningful conversations about why you're considering a move.
  2. Empathy: They've been in your shoes and can offer specific advice on navigating the lateral move process based on their own experiences.
  3. Insider Insights: They can provide insights into the differences between the firms, helping you make a more informed decision about whether a lateral move is right for you.

However, it's crucial to approach this networking strategy with caution to minimize the risk of it getting back to your current group. Here are some tips to do so effectively:

  • Discretion is Key: Ensure that your conversations are discreet and professional. Emphasize that you're exploring options to find the best fit for your career goals.
  • Use Personal Email: Communicate outside of work hours and use personal email accounts or LinkedIn messages for outreach to maintain privacy.
  • Frame Your Approach Positively: When discussing your current firm and reasons for wanting to explore other opportunities, focus on your career aspirations and fit rather than any negative aspects of your current situation.
  • Seek Confidentiality: Gently request that your discussions remain confidential due to the sensitive nature of exploring opportunities while still employed.

While there is always a risk that your networking efforts could be discovered by your current group, the benefits of connecting with individuals who have successfully made a lateral move can outweigh the risks if handled thoughtfully and strategically.

Sources: 20 Most Frequently Asked Questions - London Edition, How to Navigate FT Recruiting: Learn from My Successes/Failures, SA Lateral, Some Thoughts on Networking, Advice for Networking Calls for SA Recruiting

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

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