Leaving after 2 years of banking

I lateraled to another bank after a year, how bad would it look to leave after a year from the bank I lateraled to? Honestly just looking for something more aligned with my interests and just feel like my mental health has been at an all time low.

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Leaving your current role after just a year, especially after lateraling, can raise some concerns about stability and commitment on your resume. However, based on the most helpful WSO content, here are some key considerations and advice:

  1. Perception of Stability:

    • Frequent moves can make recruiters or hiring managers question your ability to commit to a role. As one WSO thread highlights, people often view short tenures (under a year or two) with suspicion, assuming you might be "jumping before being pushed."
    • If you have a pattern of short stints, it could create challenges in securing future roles, as some firms may prioritize candidates with a more stable track record.
  2. Mental Health and Priorities:

    • Your mental health is critical. Several WSO contributors emphasize that no job is worth sacrificing your well-being. If your current role is taking a toll on your mental health, it’s worth exploring options that align better with your interests and values.
    • Reflect on what you truly want in your next role. As one user wisely put it, "Never run away from a job, always run towards a new job." This ensures you’re making a thoughtful decision rather than a reactive one.
  3. Resume and Branding:

    • Even if you leave after a year, your prior experience in banking still holds weight. As noted in WSO threads, having "been in banking" is a strong credential that can open doors, even if your tenure at the current firm is shorter.
    • Be prepared to explain your moves clearly and positively. Focus on how you’re seeking roles that align with your passions and long-term goals rather than framing it as dissatisfaction.
  4. Timing and Strategy:

    • If possible, consider staying until you hit the 2-year mark at your current firm. This can help mitigate concerns about job-hopping and give you more time to find the right opportunity.
    • Use this time to network, explore roles that excite you, and ensure your next move is a better fit. As one WSO contributor suggested, "Coast a bit more at work, take a bit longer to respond to emails," and focus on your mental health while planning your exit.
  5. Mental Health Support:

    • If your mental health is at an all-time low, prioritize seeking support. Therapy, fitness, and reconnecting with personal interests can help you navigate this challenging period. Many WSO users have shared how focusing on their health and well-being helped them transition to more fulfilling roles.

Ultimately, while leaving after a year might raise some eyebrows, it’s not a career-ending move—especially if you can articulate your reasons thoughtfully and demonstrate a clear vision for your next step.

Sources: Career Mistake - Left IB too Soon, What is that Analyst skill set everyone is talking about exactly?, https://www.wallstreetoasis.com/forum/private-equity/leave-pe-early-or-stick-it-out-2-years?customgpt=1, https://www.wallstreetoasis.com/forum/investment-banking/breaking-into-private-equity-from-banking?customgpt=1

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

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