VP looking to change career paths -- Should he have all the answers on Day 1 of his new job?

Hi Guys, 

I am working as a VP doing Fundamental research at a BB and with all the interest that Systematic strategies have started generating since last couple of years, now really excited to move to a Systematic shop where I can leverage my background in Fixed income research and education in Statistics to build Quantitative Investment models. 

However, having never worked in this space earlier, I obviously would require some training and would not be having all the answers on Day 1. Given I am already at a mid-senior level position and most of the open reqs require me to lead a team as well. 

Question:
In such a situation for someone like myself, who would be getting in as a VP, leading the team and asking questions about things that do not make sense to his junior team members (I prefer asking questions about small things esp. when I am learning something new, so I am sure I am fully understanding it).

Would this give a wrong impression to my manager? Would it look as if I am not competent for the job?

Thank you everyone in advance! 

 
 

2 Comments
 

Based on previous WSO threads, here are some insights:

  1. Transitioning to a New Role:

    • It's common for professionals, even at the VP level, to transition into new roles or fields where they may not have all the answers initially. This is especially true when moving from Fundamental research to Systematic strategies.
  2. Learning Curve:

    • Emphasize your willingness to learn and adapt. Highlight your background in Fixed Income research and education in Statistics as strong foundations for building Quantitative Investment models.
  3. Asking Questions:

    • Asking questions, especially when learning something new, is crucial. It shows your commitment to understanding the nuances of the new role. It's better to ask and ensure clarity than to make mistakes due to assumptions.
  4. Perception by Manager and Team:

    • Transparency is key. Communicate with your manager about your learning process and the areas where you might need initial guidance. This can help set the right expectations.
    • Leading a team while learning can be challenging, but it also provides an opportunity to foster a collaborative environment. Encourage your team to share their expertise and insights.
  5. Competence Concerns:

    • Competence is not just about having all the answers but also about knowing how to find them and leveraging your team's strengths. Demonstrating your problem-solving skills and ability to integrate new knowledge will reinforce your competence.

In summary, transitioning to a new field as a VP involves a learning curve, and asking questions is a part of that process. Clear communication with your manager and team about your learning journey can help manage perceptions and demonstrate your commitment to mastering the new role.

Sources: My VP literally hates me as a person, but my actual manager loves me. How will this play out, Incompetent Associate makes me look bad, Way too early for a promotion? - Advice, Family Office Private Equity, Bad team culture: A vent

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

Est aut error qui recusandae ea aliquid recusandae. Perferendis dolorum deleniti ab dolore ratione illum. Laboriosam quo natus temporibus repellat dolor voluptatem. Ex nulla sed repellat.

Vel corrupti at ea eos dolor quia. Eos facilis et aut. Excepturi facilis amet sed rerum velit voluptate sint.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan 01 97.1%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (15) $434
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (79) $150
  • Intern/Summer Analyst (73) $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
kanon's picture
kanon
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
dosk17's picture
dosk17
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
CompBanker's picture
CompBanker
98.9
8
GameTheory's picture
GameTheory
98.9
9
DrApeman's picture
DrApeman
98.9
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...”