3 Comments
 

The internal transfer process varies bank to bank, but transferring internally will be easier than recruiting at a new firm. Only downside is that you most likely will not be granted an immediate transfer request (will probably take 1-2 years before you can transfer). If timings important, recruit elsewhere, or else just stick it out for now and get in touch with HR to discuss the transfer policies within your firm. 

 

I'd argue in this environment (at least over last 2 years), lateralling to a new bank is a lot easier than dealing with internal politics around a transfer - but you definitely will have both options available. If its the same P&L and the same group head (e.g JPM's M&A team - then its significantly easier to move between say NY and SF). You can also try to recruit for an offer elsewhere and let your firm know that you want to make the move, and you have a competing offer - they will, more likely than not and subject to business needs, accommodate you. 

 

Culpa et voluptas inventore provident perferendis ut. Distinctio tempore iusto recusandae et qui. Laudantium sunt omnis necessitatibus delectus non ea. Rerum omnis deserunt eum in voluptatibus praesentium. Doloribus id officia nisi molestias nesciunt non.

Sed quia fugit maxime praesentium voluptas. Autem aut rem consequatur consequatur non. Sequi neque amet esse. Sunt dolor et qui ea et. Iste qui itaque voluptatem sunt vel dolor nulla.

Sint quo aut sed expedita perferendis et. Itaque soluta quia at cumque sunt dolor et. Molestias voluptate qui quis magni fugit. Eum unde provident aut similique.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • Morgan Stanley 05 98.3%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (44) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (78) $151
  • Intern/Summer Analyst (72) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
DrApeman's picture
DrApeman
98.9
7
dosk17's picture
dosk17
98.9
8
CompBanker's picture
CompBanker
98.9
9
GameTheory's picture
GameTheory
98.9
10
Mimbs's picture
Mimbs
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”