In an equally good/bad situation. Can anyone relate?

So I’m in a strange position in my career and don’t know if I should stay or go. I’m starting to feel too cozy and am craving a more aggressive shop/role.

Background:

First job was at a brutal sell side shop for 2yrs on an institutional trading desk in Greenwich. Did the reverse commute from downtown NYC (3hrs a day) so you can say there was little W/L balance.

Left for a MO role on the buyside at a BB in Corporate Treasury as an Sr. Analyst and have been here for 18mths (NYC). The complete opposite pace (for those who know Treasury). The intention was to network into a FO role after 2yrs while gaining FI / structured debt product knowledge. Learned a lot and internal networking is maxed out.

I sit next to the traders and have built tremendous rapore at many levels and have directly impacted the business in quantifiable ways. Leaving for another MO maybe FO externally is an option because of this. Pay IMO is above market around $100-115k range (OT w/o bonus). Work/life balance is extremely good. I get in around 9:30 and leave around 5:30 when it’s slow. Manage/lead my own projects. Sometimes take an hr lunch or run errands during the day. Take any days I want out the yr. Work from home capabilities. 10 minute walk to the office from apartment. Great boss who told me I’m being promoted to either an associate or SA this quarter (pay increase +bonus eligible).

Haven’t seen any internal lateral move opportunities since everyone in my LOB is older and cozier than me. I’m used to the action and don’t mind the grind. Still aspire to make the FO move. Would you stay and play it out or go?

 

Et distinctio voluptatem autem exercitationem consectetur eveniet cumque. Perferendis eum doloremque autem est vel ut nulla.

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

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (88) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (67) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
GameTheory's picture
GameTheory
98.9
6
kanon's picture
kanon
98.9
7
dosk17's picture
dosk17
98.9
8
CompBanker's picture
CompBanker
98.9
9
numi's picture
numi
98.8
10
Kenny_Powers_CFA's picture
Kenny_Powers_CFA
98.8
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...”