How will remote work affect banking post-COVID?

Once things return to normal, I’m really hoping that banks will allow more flexible work arrangements. For example, I would much rather leave the office at 7 or 8 and spend the rest of the night working from my apartment as opposed to being in the office until the early hours. Doesn’t seem far-fetched to me now that companies understand their employees can work productively from home.

Any predictions for how your job will (or will not) be affected by remote work?

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Like most things, I think it'll be on a case-by-case basis - especially in the middle-market. 

There's either getting things done or, not getting things done. If you can get things done well and on-time, you can work remotely from the moon. 

We only have one MD who was uber-against the WFH life for junior bankers, and this guy is universally despised in the office. He went through a beating in his junior banker years and feels that everyone must stare deeply into the pixels of their monitor until they need prescription glasses. 

 

Yep, boomer facetime culture is deeply ingrained in many firms so I’m skeptical. But I will say that MDs in my group have come to embrace WFH more now as compared to pre-COVID

 

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