Hello everyone,
Was hoping to get some clarification on a career path that I have been researching. It would be for a corporate banker position with some sponsor coverage in a regional I guess you could say bottom tier city / state. There would be an option to go into the sales side or risk / diligence side. With that in mind I had a couple questions:
How rigid are the career paths in corporate banking? Is it common to ask to come in at a higher level if current comp is comparable?
If on the sales side, what does a typical day look like for a junior banker? Lots of cold calling? Or is there a portfolio of accounts given day one? How frustrating is the initial ramp?
How does one differentiate from competitors? How hard is it to win business if these are pretty easy loans that fit in all of these banks wheelhouse?
What are the compensation packages that typically exist here? How does it typically differ from sales to risk? I would be interested to hear about the incentive based component of the comp. What metrics is it based on? Stock options?
What are some other questions that you would ask to learn more about the position?
https://www.udemy.com/relationship-management-in-corporate-banking/lear…
At least give a free link or answer the questions - we can all google “how to be a corporate banker and buy a 6 hour Udemy course for $40.
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