Hi Monkeys,
Do you know if it is possible to move from London offices of US EBs (hence excluding Lazard here) to offices in the US for a rotation or on a permanent basis?
Anyone working at these firms or knows cases where people were successful in doing so?
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I don't think they have structured programs like the BBs do - but I am sure that it can be done if you have a good reason + reputation internally (top bucket likely).
At boutiques I think it's a bit more group specific - i.e. if the FIG team in NY could use a new analyst and you work in FIG London they might take you. Not all groups have global teams. It's never as easy as 'raising your hand' and it takes some luck/politics, but not impossible
This is what I’ve seen from my experience. A team in NY says they need x more people and it also happens to match with y amount of “international” workers who happen to want to move to NY.
On the other hand I’ve also seen the opposite happen, NY workers being denied a move abroad (in this case it was continental Europe) despite checking all boxes bc NY couldn’t afford the loss
Yes, but usually as third year or A2A.
One associate I personally know transferred permanently from London to NY Evercore 2 years back. He told me it was relatively straightforward that consisted of a few talks with HR and the NY teams.
Salary differential that he achieved thanks to this must have been amazing!
I did this at an asset management firm a few years ago. I spoke to HR and asked my manager for approval, and soon after I had some interviews with the US team before getting the nod. My all-in comp went up almost 40% due to strength of USD and higher comp in the US generally, but COL was significantly higher vs London. Overall, net positive financially for sure, esp. because the difference increased over time. Not to mention the phenomenal personal and professional experience. I would highly encourage a similar move.
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