Based on the most helpful WSO content, here's some advice for your situation as a VP in Corporate Banking looking for career path alternatives:
Exploring Internal Opportunities: Given your strong political connections within your current firm, you should leverage these to explore any potential internal opportunities that may not be immediately visible. This could include speaking with higher-ups about creating a revenue-generating role for you or expanding your current role to include some business development responsibilities.
Networking: Continue to network both within and outside your current organization. This can open doors to opportunities that may not be advertised. Networking can also provide insights into other firms that might be expanding and looking for someone with your experience.
Middle Market Banking: Transitioning to a Middle Market banking role could indeed be a viable path to a Relationship Manager (RM) position, which aligns with your goal of being in a revenue-generating seat. Middle Market banking can offer substantial opportunities for growth and client interaction.
Broader Financial Services Industry: Look beyond corporate banking and consider other areas within the financial services industry that value the skills and experience you've gained. This could include roles in investment banking, capital markets, or even private equity, where your corporate banking experience would be beneficial.
Exit Opportunities: As for exits to revenue-generating roles from Corporate Banking, some possibilities include moving to investment banking, private equity, or even a sales-oriented role within the financial services industry. Your experience in structuring deals and understanding a company's capital structure can be highly valuable in these areas.
Stay Informed: Keep an eye on industry trends and potential shifts in the market that could create new opportunities. Being proactive and informed can help you position yourself effectively for when the right opportunity arises.
Remember, the key is to be proactive and to keep your ultimate goal in mind while being open to different paths that can lead you there. Your experience and connections are valuable assets that can help you navigate your career transition successfully.
Perspiciatis adipisci pariatur ut vel cumque nulla. Possimus officiis qui velit quis unde. Non delectus eaque nesciunt quia.
Quae rerum aut nam laboriosam. Molestiae vel enim magni. Ut libero beatae quam dolores ea sit quos. Et blanditiis rerum recusandae.
Qui sed quis et eveniet quia inventore nesciunt. Perferendis nobis aut impedit in ipsam.
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Based on the most helpful WSO content, here's some advice for your situation as a VP in Corporate Banking looking for career path alternatives:
Exploring Internal Opportunities: Given your strong political connections within your current firm, you should leverage these to explore any potential internal opportunities that may not be immediately visible. This could include speaking with higher-ups about creating a revenue-generating role for you or expanding your current role to include some business development responsibilities.
Networking: Continue to network both within and outside your current organization. This can open doors to opportunities that may not be advertised. Networking can also provide insights into other firms that might be expanding and looking for someone with your experience.
Middle Market Banking: Transitioning to a Middle Market banking role could indeed be a viable path to a Relationship Manager (RM) position, which aligns with your goal of being in a revenue-generating seat. Middle Market banking can offer substantial opportunities for growth and client interaction.
Broader Financial Services Industry: Look beyond corporate banking and consider other areas within the financial services industry that value the skills and experience you've gained. This could include roles in investment banking, capital markets, or even private equity, where your corporate banking experience would be beneficial.
Exit Opportunities: As for exits to revenue-generating roles from Corporate Banking, some possibilities include moving to investment banking, private equity, or even a sales-oriented role within the financial services industry. Your experience in structuring deals and understanding a company's capital structure can be highly valuable in these areas.
Stay Informed: Keep an eye on industry trends and potential shifts in the market that could create new opportunities. Being proactive and informed can help you position yourself effectively for when the right opportunity arises.
Remember, the key is to be proactive and to keep your ultimate goal in mind while being open to different paths that can lead you there. Your experience and connections are valuable assets that can help you navigate your career transition successfully.
Sources: BB Corporate Banking Exit Opps?, 2017 Commercial/Corporate Banking Bonuses, https://www.wallstreetoasis.com/forum/other/commercial-banking-relationship-manager?customgpt=1, Is Corporate Banking that much worse than IB?, Corporate Banking?
Perspiciatis adipisci pariatur ut vel cumque nulla. Possimus officiis qui velit quis unde. Non delectus eaque nesciunt quia.
Quae rerum aut nam laboriosam. Molestiae vel enim magni. Ut libero beatae quam dolores ea sit quos. Et blanditiis rerum recusandae.
Qui sed quis et eveniet quia inventore nesciunt. Perferendis nobis aut impedit in ipsam.
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