VP lateral

The VP lateral market, especially for someone with your background, can be tricky but not impossible to navigate. Based on the most helpful WSO content, here’s what you need to know and do:

1. VP Lateral Market Dynamics

• VP Lateral Roles Are Rare: Many firms prefer to promote internally or hire at the Associate level and train up. VPs are seen as a higher risk since firms may not have worked with them before, and the transition from analytical to sourcing-focused roles can be challenging for some.
• Sector-Specific Demand: If your sector is hot in the U.S., that’s a strong advantage. Firms in New York or San Francisco may value your expertise, especially if you can demonstrate deal experience and a network in that sector.
• Product Groups: If you’re open to product groups, this could broaden your options. However, ensure you can articulate how your coverage experience translates to product expertise.

2. How to Keep an Eye Out During Your MBA

• Network Aggressively: Use your time at HBS to build connections. Attend industry events, speaker sessions, and alumni gatherings. Networking is often more impactful than applying cold to LinkedIn postings.
• Leverage Headhunters: Reach out to relevant headhunters early and let them know your goals. Be clear about your preference for VP roles or Senior Associate roles with a clear promotion path.
• Monitor LinkedIn and Team Pages: While LinkedIn postings are a good start, also check team pages of firms you’re targeting. This can give you insights into hiring trends and whether they value MBAs for mid-level roles.
• Stay in Touch with Your Current Team: Even if you’re looking to pivot, maintaining a good relationship with your current team is crucial. They could provide references or even help with introductions in the U.S.

3. Tips for Success

• Be Strategic About Your MBA: Use your MBA to position yourself as a strong candidate for U.S. roles. Highlight your international experience and sector expertise.
• Focus on References: Strong references will be critical for VP roles. Ensure your current team and past colleagues can vouch for your abilities beyond just being a "great Associate."
• Be Persistent: The VP lateral market is competitive, and processes can be stringent. Don’t get discouraged if you face rejections—persistence and networking are key.

Given your background and the hot sector you’re in, you’re in a strong position to make the move. Just ensure you’re proactive and strategic during your MBA stint. Good luck, boss!

Sources: No VP Promote from Sr. Associate - Seeking Advice, No VP Promote from Sr. Associate - Seeking Advice, "We don't hire VPs", Q&A - Post-MBA VP, Senior Associate Recruiting - Timeline for Recruiter Outreach