Lateral Banks or Stay?
Hi - I am an Analyst 2 specializing in technology at a mid-market banking firm. I am currently on track for promotion to Analyst 3. My typical workday spans from 9am - 8pm, with remote work days on Fridays allowing me to conclude at ~5pm. My group is relatively a relaxed environment. My focus is on a particularly interesting vertical within tmt, which fortunately entails fewer working hours compared to my peers. The senior bankers I work for bring in a good amount of deals, they are reasonable and don’t require too many sprints.
However, the nature and scale of the deals I'm involved in, primarily <100 in ttv and not predominantly m&a, might not be ideal to transition to PE should I ever recruit for it.
Despite my consideration for other opportunities, I find my current role and group satisfying, and could envision a longer tenure here if the opportunity presents itself. I'm aware that most private equity roles typically last for two years, so I'm also a bit hesitant on that path. From my current standpoint, persisting in technology investment banking may seem to be the most viable long term option.
My question is: should I continue to work for my current group or look for lateral opportunities at places with larger deals and more focus on m&a?
I welcome and would appreciate any insights or advice on this matter.
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