Historically the BB title hierarchy is analyst-associate-VP-ED-MD if the candidates start right after graduation. Nowadays, I've seen many profiles on linkedin with the title 'senior analyst' in BB such as GS, this is mostly seen experienced hires. Does anyone know what is 'senior analyst' in BB? Is this something in between a fresh graduate analyst and associate.
Thanks.
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It's a new position between VP and Director.
Thanks for comment. However it sounds a bit weird, shouldnt the position between VP&Director be called sth like senior VP which makes more sense? Senior analyst sounds more like sth in between analyst&associate.
I am considered a "Senior Analyst" - it was because I was an experienced hire at the analyst level. Not sure how it works at all banks, but I am eligible for promote after one year
That makes sense, thanks. Just curious, would 'senior analyst' still be given to experienced hire with 3+ years experience? Why not directly give 'associate'. As within a bank, it normally takes 2-3 years to become an associate from analyst.
For whatever reason, it doesn't exactly work that way at my bank. In all likelihood, I don't think you would come in as a Senior Analyst with 3+ years experience. There are some people at my bank that have been Analysts in title for more than 4 years. No idea why, but they were internally moved from other parts of the bank.
I came in with 1.5 years experience and became a Senior Analyst. Expecting to get a promotion or lateral to a new group within 12-18 months.
A senior analyst means either A) you're a 3rd year analyst or B) you lateraled in, could/should be an associate, but the bank is doing everything they can to limit comp expense for the group so they want to lump you in with the analysts and the corresponding comp structure. For the latter, its a way to dignify those people by technically separating them from a normal 'analyst'. All banks will try to do this
yea fuck those banks.. Also hate in job postings when they say "Senior Analyst/Associate" or "Senior Associate/VP" and then when you're in the later stages of interviews they drop the hammer and say they're considering you for the lower ranked hierarchy role. This is usually HR. I wish I had enough clout/power to tell her "listen bitch, unless you're gonna give me a $125k base salary and bring me in as an associate, then don't waste my time."
I always thought those titles were bogus too.
I'm an MI - managing intern.
Wouldn't all of this vary at different BBs? Not everyone has an ED role. Some have an SVP role, some AVP roles. Others have generic "Officer" role that can be at a couple of different levels in the hierarchy. I think it just depends on the BB.
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