Recently Quit Nothing Lined Up - Story Inside
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| +218 | Coverage Banking is Paradise | 27 | 2h |
| +75 | London Recruiting is Paradise | 32 | 3h |
| +75 | My Motivation Is At An All Time High | 13 | 1d |
| +62 | Lost all ambition / don’t care at all anymore | 28 | 19h |
| +52 | Are Canadians still get jobs in the US? | 38 | 3h |
| +32 | Is 7 years in banking enough to retire, or am I delusional? | 23 | 10h |
| +29 | MM IB --> NYC IB? | 14 | 1d |
| +24 | Negotiating VP Sign-On Bonus (NOT Tied to Deferred Comp)? | 21 | 5h |
| +24 | Should I escape the matrix | 3 | 1d |
| +23 | Lawyer moving into Banking | 18 | 1d |
Career Resources
Yeah sorry but you're soft. Your former analysts must really appreciate you fucking off and letting them do all the work
That’s the opposite of what happened.
Where I interned many of the analysts push work back to the associates. The analysts are smarter and outmaneuver them
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Sorry to hear about what you're going through. I can't contribute anything meaningful so will just bump for visibility
No worries, I appreciate it
>“Lateraled to a new firm in the Midwest (NYC/CHI)”
what da
That’s my bad ha
I honestly don't have the experience to give anyone advice on here but I think the only thing to do in this situation is to find a better WLB job in finance or to search another associate position with hopes that you'll have better analysts. While you do that, try to get some more sleep and work on your mental health but you shouldn't let that gap in your resume grow.
Hope you'll get better.
I’m doing everything I can to apply to secure a new position but it’s been tough especially given where we are in the year. I’m hoping the job market will get better soon. I’ve always turned a blind eye to mental health conversations but I’ve learned the hard way that it’s definitely real. Every day has been a struggle. The silver lining is now my eyes are wide open to the topic and it’s definitely made me more empathetic and willing to help others out if I can.
I understand, then I can only tell u to hang in there and try to see things with a better eye (i know it's easier said than done)
Help yourself before helping others. Prayers to you man.
was it a MM or BB? maybe expectations are different than your LMM
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I have a feeling this is WB…?
When I hear stories like this, I always wonder, why didn’t you just churn bad work product to? If they don’t fire underperformed, why not slack off too rather than quit?
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You're probably going to have a hell of a time finding another job in banking. Youll have to compete with others that have not quit their banking jobs
Think really hard about stuff outside ib. Your story will make much more sense and you'll probably be happier
I’m sure it won’t be easy. However, I don’t have any other short stints, expedited A2A promotion, and have solid references.
Staying hopeful that the job market will heat up and other firms will need Associates.
I'm going to be honest here. Do give me MS if I hurt feelings if you must. But I'll also tell you what I recommend.
You messed up badly. Jumping into the ocean with no land or ship in sight is a truly idiotic thing to do in general, let alone in this job market.
I would also argue you aren't as mentally robust or tough as you like to think. Otherwise you wouldn't be here. I say this in the nicest way - consider your options outside of IB. Like a LMM PE or some such where hours are lighter and you can make a bigger impact personally.
Finally - if you want back into IB.
Network. Its the only way. Your CV value to headhunters after not being in a job is very low. Start emailing VPs at targets you want to pursue.
Be open to a role in any US office, you can't limit yourself to one city Like Chicago. You need back on the horse and even if you have to work in Atlanta for a year then just suck it up.
I'm not sure if you could claim you gave up work due to a family illness etc and how much that wpukd be checked. But any story with plausible deniability is better than quitting like you did.
Good luck to you chap. Head up and use that grind to get your networking hat on and hit the emails.
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Sadly it's a Gen Z thing. As a generation in the workplace they are lazy and entitled. Not everyone but as a whole it holds true.
Lots of banks, good BBs and EBs as well, suffer from lazy and disengaged juniors. HR teams protecting them have made this far worse.
I understand the feeling of being the only person working. It's draining.
Not saying you were wrong to leave your current shop, the timing was poor.
Good luck. Networking is your solution. If you're unemployed you should be sending 100+ emails a day and jumping on calls with as many people as possible. Get some gym in so you don't go crazy and catch up on sleep so you're fresh when you are on calls or in front of people.
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