Trying to get an understanding of what specific jobs burnt out bankers wind up moving to in tech. The past 6 months aside, tech has been the place to be for the last decade. Bankers have been moving to FAANG+ in droves for strong comp and better WLB. My question is, what jobs are they actually doing? Is it just strategic finance (i.e. glorified FP&A), because if so, isn't the type of work much less interesting? Is it Corp Dev, but if so, is there really much of a career path (given that VP of Corp Dev is pretty much the highest rung you can reach)? I have to assume that bankers aren't heading to Amazon/Google to become engineers, or at least not the majority. So what roles are drawing folks from BBs/EBs to FAANG?
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Curious
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Curious.
I’ve seen corporate finance and biz ops.
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