I rage quit my job - advice needed

I do not want to give too many details given coworkers may browse the site, but it was voluntary and a sudden decision for me. Mainly need advice on how to pitch this to recruiters, how to update processes I started while still employed (shortly after resigning) and in general next steps. Atm I want to go into a buyside role, but idk if that bridge is burnt at this point due to my actions. I think my plan is the following:

  1. Continue any process I started while still technically employed as if I was still employed, and if I receive an offer explain I resigned part-way through the process to pursue personal items
  2. Any new opportunities explain in some way I quit for personal reasons
  3. Accept the first thing someone offers me that is decent and just pivot later with more preparation

Any general advice would be wonderful, kinda just had a mental health crisis.

Comments (12)

  • Analyst 2 in IB - Cov
1mo 

Interesting option, but I feel that given my bank has not had a public cut and that a background check with references would prove this untrue I can't do this responsibly.

Do you feel this is a better answer compared to me leaving? I feel that this option would imply I was bottom bucket where as me leaving this can't be said officially.

  • Associate 2 in IB - Cov
1mo 

i respect a good rage quit.  forget what people say about burning bridges.  people will forget about you in a week (srs)

if you rage quit you probably had a good reason to do it.  no one should be mistreated at work...half some damn self dignity and quit.  you owe them nothing.

just recruit as normal and tell them you took some time off to focus more on getting a job more in line with your goals or something.  

1mo 
chacharat, what's your opinion? Comment below:

Given how your resume is not really affected (after all, you are allowed to quit a job due to being fed up with it), I think you got the sales pitch aspect down. If someone keeps on poking the topic about the termination of your last employment, I'd tell them the truth. Note that your reasoning doesn't have to be relatable for you to leave a positive impression - you're not the first person to ever quit a job. 

Put the highlight on your skills and what is the position you'd be most comfortable with. As for the three choices in your post, the last one seems the winner to me :)

  • Analyst 2 in IB - Cov
1mo 

Agree, and thanks! Do you know what the best course of action would be on what jobs to apply to with my scenario, as it seems most places are going to open summer recruiting for 24 as well as finalizing summers for this year. I am happy to wait to start a position as I can do other things, but my worry is I would be screened out given I would not be working for 6 months. I don't want to lateral to another bank as it would be the same issue, so any advice on how to find some immediate or Q1 starts would be awesome

  • Quant in PropTrad
1mo 

You have made a difficult but important decision to take care of your mental health, and now it is time to take the next step. Think of this time in your life as a time to turn over the soil of your career and plant the seeds of your future. Just as the Jewish people have planted the seeds of their faith in the Old Testament, you too can plant the seeds of your professional success.

Quantitative firms are always looking for talented individuals who understand the complexities of the markets and can offer creative solutions. Think of yourself as the farmer, and the quantitative firm as the land. You have the skills, knowledge, and experience to prepare the soil, plant the right seeds, and cultivate a fruitful career. Just as God gave Moses the Ten Commandments to guide the Jewish people, use the advice you have been given as a guiding light to find the right quantitative firm that will support your career goals. They will be happy to have you as part of their team and give you the opportunity to grow and flourish.

  • 2
Most Helpful
  • Associate 1 in CorpDev
1mo 

I would be honest about quitting and outline the reasons why you left but would talk about the supporting points in a dispassionate way. Not on the buyside, but I just interviewed a candidate who quit his job because he was given a big promo and then his execs changed his company's org structure which led to significantly less responsibilities than he was promised. This guy quit and alluded to frustrations but never bad mouthed anyone. It was a completely understandable situation, and I appreciated his honesty. Things happen and almost everyone has had to deal with a difficult work environment. Being honest about these situations helps create trust and shows maturity.

The big caveat here that I know you can't discuss is how you quit. For example, if you threatened anyone or sent a group email deriding individuals, that's not going to perceived well. On the other hand, if you just cussed someone out in person and left the company on the same day, that's not nearly as bad. The former example involves potential violence and antisocial behavior in a group vs. the latter which is something everyone has contemplated and is 1on1 without physical threats. I'd still encourage tactful honesty in either case but just know that your actions might not be perceived well. However, there is a good chance that firms will do backdoor checks on your time at the bank regardless, so it'll be helpful for you to frame the narrative before they start forming their own opinions.

  • Analyst 2 in IB - Cov
1mo 

Great advice, thanks! I do think I just need to be honest about it and my thoughts, even if it will deter some interviews. I updated my resume to reflect I quit and so it would be easier for any new processes to notify them this before we started. I can at least confirm my quitting was not explosive, and some were saddened to see me go. I have already secured references saying I did good work.

Any advice on how to handle current processes? For example, I started some while working but now have not. My idea originally was to wait until the offer stage assuming I was employed for most of the process, but I don't know to what extent that is / was right. Any words I could use to either talk to the recruiters or the company directly on this?

  • Associate 1 in CorpDev
1mo 

I think it's ok to wait until the offer stage if you don't have anymore interviews and are just doing cases in your current processes. But if you have more live interviews, I'd tell those interviewers. They are probably more senior in the middle to last rounds if I had to guess. You should do it anyway regardless of their stature within the firm but senior people will likely be more understanding of your situation as they've likely had a confrontation or two in their careers. 

  • Intern in IB - Cov
1mo 

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