IB -> PE -> Corp Banking

Your reasoning for considering a shift to Corporate Banking, specifically Corporate Treasury Sales, seems well thought out based on the most helpful WSO content. Here's why your move could make sense:

1. Sales-Focused Role: Corporate Treasury Sales aligns well with your interest in a sales-oriented position. Unlike analytical-heavy roles, this path allows you to leverage relationship-building and client interaction skills, which are critical in sales.

2. Work-Life Balance (WLB): Corporate Banking generally offers better work-life balance compared to Investment Banking. While hours can still be demanding, they are typically more manageable, especially in roles like Treasury Sales.

3. Promotion-Focused Nature: Corporate Banking, particularly in sales roles, often provides a clear path for career progression. The focus on building long-term client relationships and delivering results can lead to steady promotions without the "up or out" culture of IB.

4. Relevant Skillset: Your background in ER and SFO (FoF investing) likely provides a strong foundation in understanding financial products and markets, which can be valuable in a cross-asset sales role. Additionally, your experience in client-facing roles like Buyside IR could further enhance your ability to excel in Treasury Sales.

5. Long-Term Viability: Corporate Banking offers a more sustainable career path for those who prioritize stability and a balanced lifestyle. It also allows for specialization in areas like credit, treasury, or cross-asset sales, which can be rewarding over the long term.

However, there are a few considerations to keep in mind: - Compensation: While Corporate Banking can offer competitive pay, it may not match the earning potential of Private Equity or IB, especially at the senior levels. - Exit Opportunities: Corporate Banking exits are often credit-related or within the same bank. If you're looking for broader exit options, this could be a limitation.

Overall, your reasoning seems sound, especially if your priorities are a sales-focused role, better work-life balance, and a promotion-oriented career path. If these align with your long-term goals, the shift to Corporate Banking could be a great fit.

Sources: Why corporate banking instead of investment banking?, Q&A: Corporate Banking Associate, Corporate Treasury at BB Thoughts, What is corporate banking?, Is Corporate Banking that much worse than IB?