Am I biting off more than I can chew?
Will probably have to delete this to maintain anonymity, but really need guidance from any WSO members that may have experience with situations similar to mine. I'm concerned that I may be heading for a pretty serious reality check.
For context, my current role is somewhat of a cakewalk for me. I'm an analyst at (redacted). I spend most of my time running typical PE analyst processes like modeling out LBOs, compiling research for new opps, and redlining legal docs. The thing is, given that we're (redacted), my hours are shockingly easy and the standards aren't terribly high. There really isn't any need for busy work, (redacted), etc., nobody cares about facetime, and the work that is expected of me typically.
I hold my work to traditional banking/PE standards and I'm often told I put more pressure on myself than needed. Frankly, I've worried that I'll stagnate in this environment or struggle to lateral in the future if needed - despite getting very unique experience, e.g., tons of room to take responsibility on deals, direct exposure to impressive people / management teams, extremely unique deals / deal structures.
Anyway, my situation is as follows: a former senior member reached out to me privately and asked to meet. I agreed and, essentially, he told me that he's now working for a larger multinational corporation ($20bn+ EV) in a space adjacent to ours. They want to start engaging in M&A (which they somehow don't have a ton of history doing), and he's been given the go-ahead to build the appropriate team. From what I gathered, he's asking me if I can head this up with him. Sounds like I'd be spending a lot of time thinking about strategy, building research & opinion decks on targets, and pulling a lot of weight on deal structuring / negotiation.
Cons: I'm young. I've only been out of undergrad for a few years and don't know this space nearly as well as he does. I think he recognizes this to some extent and wants me to support more on the ad hoc research / underwriting side of things once targets are identified. Even still, this seems like a significant increase in title and responsibility. I'm also worried about future career moves once I've officially gone 'corporate'. Last - I'm fairly certain that people typically think of a role like mine as the exit, and I'm a bit reluctant to return to a lifestyle / responsibility profile where stress could be approaching banking levels again.
Pros: Obviously this is an opportunity to take on a ton of responsibility for my age / experience level with very tangible impact that I can point to in post. Also, quote: "You'll be very well taken care of." Not sure what comp looks like for something like this, but I have to imagine it's enough to make me ditch the rosy lifestyle that he knows I've been living...
Would love to get your guys' thoughts on this. Am I going way too far? Or is this the sort of magical, rare opportunity that makes a young MD? Thanks to all in advance.