Latteral Move
Hello
I have been around the boards for some time and I had a question. I work for a small firm in NYC and I will be honest I just do not like it, especially NYC. I am looking to make a lateral move back home to NH.
I would like to work at a bank still but I also would love to work for a small mom and pop HF. What is the best way to approach this endeavor of leaving. I want to leave after I am done with my first year stint.
anyone?
get a job offer first. they expect you to leave after a one year stint.
You've been there 4 months I'm assuming (July til Now)
What don't you like about NYC, your firm? etc.?
Stick around for 2 years is my feeling, regardless of how much you hate yourself, NYC and your current employment.
I graduated from college wanting to work in IBD. I went to a good school and did really well but I targeted BB firms and did not close the deal. Instead of also applying to top firms that are not BB I applied to some small firms through my alumni network. It was always my plan to work for a firm near home but I did not have any connections, and most wanted experience.
Therefore, it was always my plan to take my 1 year and leave to a firm near home. I just wanted to know how to go about approaching those firms being that I have no contacts. And how to keep it as confidential as possible so my firm does not find out in case I do not get an offer.
Staying for the next year is not really an option because I just do not care to stay here. I am not the type that is trying to move higher and higher and make millions so I am looking to do what makes me happy. I like the work and the hours do not bother me so I want to do this line of work but just closer to where I want to be.
I am looking into other IBD, PE, and HF so my question about how to approach them is for each of this types.
bump
Anyone
I approached alot of small firms right out of undergrad, and although your situation is more complex, I figure you should go to their websites and see what it says about experienced hires. In my experience there was generally a resume drop or a contact listed for experienced hires.
Plus if you're looking in NH (New Hampshire?), I can't imagine this getting back to your employer in NYC. People make lateral moves all the time, if a firm outed you for trying to do so they would probably develop a bad rep. Its very unlikely in my opinion this would happen.
In terms of experience, I would try and stay on for at least a year, because a quick move (as others have mentioned above) will not look good...Finish a year in NY, in the meantime research opportunities in NH, and after a few months of networking you should be ready to go. Hope this helps.
Thanks ZIP, anyone have any advice on approaching these smaller firms, PE, and HF?
bump
Eius sequi sequi voluptates ut earum. Earum cumque iusto qui doloremque. Aliquid et eum recusandae voluptatem. Velit dolores voluptatem dolore ut labore sed sint veritatis. Impedit ut harum doloremque deserunt quisquam est totam.
Fuga earum minima animi voluptatem vero esse ut esse. Perferendis qui omnis molestiae animi itaque harum. Sunt minus commodi ut exercitationem nihil.
Et minus expedita rem. Qui quos eos odit rerum. Libero reprehenderit quam ab voluptas.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...