International Working on a 1 Year Visa (OPT) Looking for Advice

Hey guys, 

Recently started as an IB analyst in New York on a year one visa (OPT). I have another shot at the lottery next year (maybe two attempts), but the chances are really low. If I am unable to get the visa, I would ideally like to be relocated to London / Canada (my bank has presence in both countries - not sure how big my group is in both country). 

I like my group (also interned last summer) and try to do good work, get along with people, etc,. How should I position myself to ensure I am in a position in one year? Should I also try to network with other banks in London/Canada in case my bank is not willing to relocate me (would also be open to other FO roles if my bank has no IB headcount / ideally would like o stay in IB)? 

Also have the option of getting a STEM masters and come back to my bank / re-recruit (however, heard recruiting is pretty difficult at the masters level). Have a decent profile - non-target school, but 4.0 GPA, double major, etc,. Any advice would be greatly appreciated. 

4 Comments
 

Based on the most helpful WSO content, here are some detailed steps and advice for your situation:

Positioning Yourself for Relocation:

  1. Excel in Your Current Role:

    • Continue to perform exceptionally well in your current role. This includes delivering high-quality work, meeting deadlines, and maintaining a positive relationship with your colleagues and superiors.
  2. Communicate Your Intentions:

    • Have a conversation with your manager or HR about your visa situation and your interest in relocating to London or Canada if necessary. Express your commitment to the firm and your willingness to continue contributing in a different location.
  3. Leverage Internal Networks:

    • Network within your bank to understand the opportunities available in London and Canada. Reach out to colleagues or alumni who are currently working in those locations to get insights and advice.

Networking with Other Banks:

  1. Expand Your Network:

    • Start networking with professionals in other banks in London and Canada. Use LinkedIn, alumni networks, and industry events to make connections.
  2. Informational Interviews:

    • Schedule informational interviews with professionals in your target locations. This will help you understand the market better and potentially open doors for future opportunities.
  3. Stay Open to Other FO Roles:

    • While your preference is to stay in IB, be open to other front office roles that might be available. This flexibility can increase your chances of finding a suitable position.

Considering a STEM Masters:

  1. Evaluate the Benefits:

    • A STEM master's degree can extend your OPT and give you another chance at the visa lottery. It can also enhance your skills and make you more competitive in the job market.
  2. Understand the Recruiting Landscape:

    • Be aware that recruiting at the master's level can be challenging. However, your strong academic profile (4.0 GPA, double major) can work in your favor.
  3. Plan for Re-recruitment:

    • If you decide to pursue a master's degree, stay in touch with your current bank and express your interest in returning. Also, continue networking and applying for positions during your studies.

Additional Tips:

  • Stay Informed:

    • Keep yourself updated on visa policies and any changes that might affect your situation.
  • Seek Mentorship:

    • Find mentors who have gone through similar experiences. They can provide valuable guidance and support.
  • Be Proactive:

    • Take initiative in your job search and networking efforts. The more proactive you are, the better your chances of finding a suitable opportunity.

By following these steps, you can position yourself well for a potential relocation and keep your career on track despite the visa uncertainties.

Sources: International Student - Chance of getting an IBD internship in London?, 1st Yr Banking Analyst Open for Questions, Move from back office to middle office to front office, ~3 months in. I really want to quit banking. What should I do?, The Allure of Investment Banking

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

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