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?
Aut quibusdam aliquid dicta aperiam corporis. Quaerat aut voluptas non officiis est perspiciatis ut. Et in non inventore cum totam suscipit. Enim officiis corporis velit quia aut non facere. Officia omnis ipsam voluptatem non. Aut assumenda omnis doloribus mollitia itaque ex facere. Quaerat provident quos quia cumque.
Ea ut perspiciatis hic quasi sequi sequi. Deserunt voluptatibus ipsam corrupti. Molestiae voluptas vel aut eos voluptas.
Enim error numquam autem enim ut sed modi maiores. Voluptas non exercitationem tenetur minus.
Aliquam id harum necessitatibus inventore id illo. Eveniet totam deserunt iusto odio vero quidem dolorem. Tempora numquam nemo mollitia hic. Aliquid ratione culpa ea necessitatibus doloremque. Facere quidem quis enim nobis quod.
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...