Having doubts about sales career (Corporate Banking)
Currently a 1st year VP in Corp Banking in a product group at a large, non-BB bank. Spent my Analyst years at a BB. I realized I don’t have the personality type to be a sales guy for the rest of my career.
Some of the other corporate bankers at my firm are stereotypical sales guys, while I take a different approach. I’ve realized that I have the most success when I’m being an advisor first rather than a salesperson, which in my case means continuously showing prospects/clients different deals that were done in the market (basically highly detailed comps), helping them strategize on optimal deal structures, and providing other market research/analytics. Sounds simple but the majority of guys on my team absolutely do not do this.
I had a performance review recently and the MD’s gave me this feedback: “You’re going to win deals simply because people trust you and what you offer. Clients are going to call you for your advice and research first and the opportunities to win business will follow just as you’ve shown us so far this year.”
Despite this feedback and being a Top 5 guy among VP’s based on fees/revenue brought in, I’m still being pushed to be more salesy even when my approach is clearly working. I don’t know if I should just move to another bank that allows me to do what has clearly worked for me, or if there’s another job role/position that is a better fit for what I’m good at, which is not direct sales.
Bump
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