Should I Quit My Job Cold Turkey?
So currently in a bit of a difficult situation at work. At a top BB in a role I absolutely cannot stand and am very much disliked by my manager and MD which has made the work pretty difficult. I get interviews extremely easy given my profile (2.5 years at BB, Top Grades, etc.) but don't really have a whole lot of time to study for them outside of work as I've been pulling 100-110 hrs a week at work for a long time. Would it be best to just quit after I get my bonus in 6 weeks? I have enough in savings, etc. to be fine for over a year but honestly I think I just need a month or 2 to regroup and find something that is more fulfilling than this bs. How frowned upon would it be to be unemployed when applying to other banks in this environment?
Are you in risk management, looking to lateral into IB?
Also, it always seems more challenging inverviewing for a new job when you don't have a job; just a subconscious stigma attached to it, right or wrong. That said, doesn't mean it has to be a substantial stigma.
If it were me, I'd find the time to job-search while still employed. Yes, it's tougher, but I would just grind a little harder and see if it's doable. If not, you can always then quit and devote full-time to job search.
yeah I'm in credit risk at a top bb but we don't really have internal mobility and the bank is one of those cheap fuck firms that pays less "for the name"
Yeah, that's a tough call. I don't know if there is a "hot lateral market" in risk management, like there is in IB. And if you are
going for IB, just seems like you'll have a better shot at the transition if you have a current job at a big brand name, as opposed to a former job.
Are you actually working 100-110 hours a week in risk management? What the fuck?
Do you have any connects at some of the other BBs in risk you can talk to?
We had 14 juniors on my team, it's now 8....... LOL another topic for another day but my group is slow AF at bringing in laterals so with WFH/COVID we've been having like 2 people quit for each person hired. We had one guy that was here for a few weeks and left lol it's that bad.
I would get in LinkedIn and just start applying. The lateral market is so hot right now. I know people at TD/Mizhuho/Nomura/Scotia type banks getting interviews at top BBs and EBs just cold applying. Banks are even hiring juniors with no finance experience.
Sunt sint aut dolorem blanditiis. Minima et est nostrum at molestiae cum. Vitae animi corporis delectus debitis sed nostrum ad.
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...