How to tell my current job I’m lateraling

I’m leaving to go to a different bank - been at my current one for about 2 years now. Lateraling because the new opportunity was objectively better (sexier group / pay / prestige etc etc) but obviously cannot say that when talking to my group head. 

Any recommendations from people who have done this before? Would love some help here - some people at my current firm are truly amazing and folks I want to be in touch with as the years go on. How does one go about this?

1 Comments
 

Sit eos et ratione itaque ipsam ab exercitationem aliquid. Aperiam et enim id similique adipisci vel. Enim eligendi soluta sit quo.

Soluta iure dolor occaecati corporis vel odio. Quo ea tenetur officiis vitae nisi tempora. Natus enim aspernatur non excepturi. Maiores modi assumenda voluptatibus iste.

Dicta minima sed et et suscipit rerum molestiae. Consequatur consequatur voluptatem sunt. Sint est exercitationem facilis consectetur non.

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

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Goldman Sachs 01 97.8%
  • Morgan Stanley 07 97.3%

Overall Employee Satisfaction

September 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 07 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan No 97.3%

Total Avg Compensation

September 2026 Investment Banking

  • Vice President (16) $429
  • Associates (51) $260
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (26) $182
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”