Requesting to move locations from SA to FT?

I’m doing my SA in a satellite office of my bank in a city that I don’t really want to live in full time. Is it inappropriate to ask my bank about moving to NYC next year? I know my return offer would probably be for this city, so who would I ask? is it worth bringing up to HR before I get the return offer (this sounds like a bad idea), or do I wait until I get the offer? originally I planned on just doing some FT recruiting so I could at least get some leverage, but with Covid this seems much more difficult. any tips? don’t want to offend the team I’m working with this summer, so I think I would try to stay in the same group just in their nyc division, but don’t want anyone to take my message the wrong way.

 

go for it but wait until you are already liked within your group and pretty certain you are getting a return offer. I did this last summer and moved cities for FT. the way I went about it was casually mentioning to HR during a phone call that i would be interested in moving cities if a spot opened up, and a month later a spot did.

 

So wait, you raised the issue with HR during your SA job? Or after you got the offer?

And did you move to NYC after starting FT in the satellite city? Or you started in NYC right away for FT?

Were satellite guys you worked with offended/pissed?

 

Asked HR before I got the offer but in the last 2-3 weeks of the internship. And I'm not sure if I was clear, but I interned last summer for SA and will be working FT in the new city (so I haven't moved there yet). Also, this wasn't a move to NYC, It was a move between two other major US cities. They weren't mad, I made it clear the move was for personal reasons and had nothing to do with the group itself

 

Makes sense that you asked -- after all, big decision where you wanna live FT. But didn't you think it was risky -- revealing to your current SA boss that you didn't wanna stay with his unit (knowing HR would probably ask him how you were doing bc you were asking him about transferring)? I mean, he could have been cool about it (sounds like he was), but also could have been offended you didn't wanna stay, which could have motivated him to give you bad review. But sounds like things worked out.

 

Kind of, but I got along well with my team and they weren't the kind of people to give me a bad review for something like that. The bank I worked at also preached about internal mobility all throughout the internship so it seemed acceptable.

 

Aspernatur veritatis vel voluptatem dolor quo. Delectus explicabo dolore laudantium aspernatur incidunt consectetur accusamus. At et nemo corrupti ab autem pariatur.

Blanditiis fugiat aut omnis. Ut non est ea nobis eius. Omnis nostrum vel odio autem est sed.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
Jamoldo's picture
Jamoldo
98.8
10
bolo up's picture
bolo up
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...”