ft recruiting/transferring locations
hi, i'm a current junior at a west coast school who has accepted an eb tech offer for sa 2024 in the bay area. however, all my family is on the east coast, and I feel like I only recruited on the west coast because most of my peers were doing the same. College is one thing, but I don't really want to be away from my family when I start working full time, so I want to some how get to NY for full time.
I essentially have 2 options.
1 is to ask the bank to transfer to east coast after SA - I've seen some people transfer from west coast or midwest to ny, but not too many - idk what the best way or time is to even ask about this. Would it make sense to make my intentions known relatively early on, or wait until after getting a return offer (assuming I do) to say what I want.
Option 2 is to full time recruit for another bank (preferably eb). I'm not rly in any clubs so I don't have a sizable network, especially on the east coast. I also don't even know where/when to get started on this. I have a decent resume and great GPA with hard double major. Don't know how feasible this is going to be because of market conditions too.
Honestly, I'd prefer option 1 because I do like the company i'm gonna be working at. Let me know what you guys think and what I should do/how I should do it.
Based on the highest ranked content on WSO, here's a breakdown of your two options for transferring to the East Coast:
Option 1: Transfer within the same bank post-SA - Timing: It's generally advisable to express your interest in transferring locations early on, but after you've proven your value. This means you should wait until you've made a positive impression and ideally after you've secured a return offer. - Approach: Build relationships with team members in the NY office if possible. Networking internally can help when requesting a transfer. - Considerations: Transfers can depend on headcount needs and performance. Ensure you're a top performer to increase your chances.
Option 2: Full-time recruiting at another bank - Networking: Start building your network on the East Coast as soon as possible. Use LinkedIn, alumni networks, and any connections you may have, even if they're not direct. - Resume and GPA: Leverage your strong academic background when reaching out to potential connections or during interviews. - Market Conditions: Stay informed about the hiring landscape and be flexible with your approach. Market conditions can affect hiring, so be prepared for a potentially challenging recruiting process.
Given your preference for Option 1, focus on excelling in your summer analyst role and make strategic connections within the firm. If you perform well and express your desire to move to the East Coast tactfully and at the right time, you may find that your bank is willing to accommodate your request. Remember, internal transfers are often seen as a win-win when a valuable employee wants to stay within the company. Good luck!
Sources: Incoming SA in a BB FIG group (MS/GS/JPM), but long-term goals are PE. How should I approach the summer?, Eight Habits of Top Bucket IBD Summers, SA Lateral, Q&A - 1st year Corporate Banking Analyst, Intern Advice Needed
Could you pm me? Wondering the same
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