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
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