Really enjoy reading the forum, lots of great advice.
Unfortunately, I was a casualty to a round of layoffs in my firm 3 - 4 months back. I've recently landed an offer to join a risk team for a major oil firm in Houston, but frankly I do have a preference to stay within the function which I've been in for the past three years (structuring). My initial thought process was that I could hold on to this role in the interim and since I already have the experience in structuring I could always make the switch once I put in my time or once an opportunity presents itself. However, I am worried that moving into risk would be detrimental in that jumping back into a front office role would be incredibly difficult once I make the switch.
Just to give an idea on my background, I've worked in structuring for 3 years. Prior to that I was in Market Risk for a bulge bracket.
Any thoughts/advice/input would be greatly appreciated.
How many years into your career are you?
My experience in risk is that it's a better deal for people who have done a good amount of time in front office and bring some front office credibility with them.
On the other hand, what's your next best alternative option?
SSits - thanks for the response.
I'm entering my 7th year working since graduation. I've been in a structuring/origination role for the past 3.5 years or so. Prior to that I worked in market risk.
In one hand, I think there's something to be said about not staying "stale" by actively working and staying current with the market. Truth be told risk is not a bad place to be at all. Additionally, there doesn't seem to be much hiring going on currently. On the flipside though, I'm a bit concerned that making the switch may be viewed in a negative light by future employers (maybe the move to risk shows a lack of direction..etc) since I'm really viewing this opportunity as an interim solution until the market picks up...
Ratione praesentium eius dolorum eum pariatur similique sunt. Enim maiores sit molestiae quidem. Sint officiis tenetur eveniet consequatur voluptatum velit. Iure voluptas necessitatibus commodi laboriosam consequuntur animi similique amet.
Libero officia iure voluptatem. Rerum in commodi corporis. Autem ipsa commodi repellendus rem eos voluptas voluptatibus. Qui esse deleniti et quam eligendi. Non pariatur tenetur ut blanditiis. Sequi voluptatem officia eius praesentium. In sunt aut voluptatem aspernatur impedit doloribus.
Ratione porro quis quis praesentium temporibus provident. Consequatur aperiam unde nihil qui expedita quas laboriosam sint. Vel fugit vel cum voluptatem architecto.
Officiis inventore quia ipsum nemo ea quia ratione. Aut omnis sint assumenda commodi deserunt iste. Enim quo et vero quidem. Velit voluptate dolor facere libero voluptate. Qui pariatur omnis aut ullam voluptates.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...