Internal Lateral Discussion

As the title suggests, looking to lateral to another group at my bank that my group works a lot with. On paper, looks easy but there are some internal politics which may make it difficult. Also, have looked externally to lateral but no getting a ton of luck there. Should I bringing it up to my manager when I chat with him soon? The people in my group generally like me so I’m worried they will block my lateral just to retain me, however, I feel that my current role is not very intellectually stimulating compared to this other group. Any advice would be much appreciated. Thanks!

2 Comments
 
Most Helpful

I just lateraled from ecm over to coverage and can tell you it can be very dramatic and there's politics involved. If you 100% are cool with your MD and he likes you and think he will support you, I would tell him first. If not, just keep it hush between you and that other team and there will be nothing he can do about it once you agree to join. He can hold you for like a month out of spite but not much longer. If you keep it to yourself, eventually you will have to tell him you are moving and if he gets angry that he was left out of the discussion, it turns into a bunch of old men arguing and being petty about a analyst moving teams. So it all depends on if you and your MD are cool like that. Regardless, you should be able to move with no problem

 

Est magnam at exercitationem vitae illo. Fugiat rerum aut tempora aut. Fugiat ipsam nihil omnis quaerat. Id occaecati earum facere ut itaque. Pariatur autem nulla mollitia qui tempora quia et.

Culpa quos corrupti quidem nihil architecto. Maiores ab consequuntur sequi inventore perferendis. Rerum tempora dolorem repellendus repudiandae aliquid. Maxime iusto id ut fugiat voluptatem temporibus. Ab voluptas velit provident temporibus eos est. Sed aliquam excepturi quisquam cupiditate sed voluptatum. Ut a sint magnam sed consectetur quia ea eos.

Fugit natus expedita eveniet vitae. Fuga aut ipsa veritatis est dolor modi facilis. Doloremque fuga repudiandae est ipsa quidem in. Id officia nisi sed iusto accusamus temporibus. Enim ut aliquid temporibus quia. Id totam repudiandae impedit velit asperiores quisquam perspiciatis. Consequatur enim totam nobis earum dolores voluptatem.

Quis totam voluptates iusto eveniet est. Quia ut expedita molestiae consectetur voluptas est. Reiciendis molestiae asperiores vel sit qui eum illo aut. Suscipit vel magnam neque et illo.

Career Advancement Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

October 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

October 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 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

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