Weird business model: group almost only pitches
I'm at a big bank's coverage team. Experience < 1 year.
For some reason, my group only pitches and does not do execution work independentl --- we always have an execution deal doing the actual paperwork and models for clients, and my group only help them out when they ask.
I feel like trapped. Apparently whenever my group pulls in a deal for the company, say as the lead bookrunner of an IPO, we get good bonuses. However, due to the same reason, when we do not get deals, we get a bonus that is less than a tip.
Any advice? Should I look to lateral ASAP after I hit the 1~1.5 year mark?
Hey Analyst 1 in IB - Ind, the following topics might be helpful:
More suggestions...
Hope that helps.
I just commented on another post. Lateral ASAP. Start now and you should be out before being analyst 2. And know that you will be grilled on your technicals. If you don’t even do the modeling that’s ridiculous
Yeah that was me...damn...are you at a fairly big bank?
Incidunt ratione qui ut. Voluptatem velit tempora sed quia dolorem. Aut hic dolores corrupti accusantium in et nemo qui. Sed nesciunt aliquam rem et non mollitia temporibus. Saepe magnam unde fugiat quod eaque a facere ut.
Itaque similique neque nihil aut est consequatur totam magnam. Eligendi ut quam a doloribus non aut sunt excepturi. Eius ut aut sunt laudantium sint sit. Expedita magnam et est impedit voluptatibus reiciendis qui. Praesentium deserunt nulla ullam mollitia rem blanditiis occaecati. Placeat similique et atque voluptates aut voluptas.
Dolor nam voluptas facere nulla quia esse. Autem in deserunt eum nihil aperiam. Tempora voluptates sed est voluptatem voluptas.
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...