1st Year Analyst - Raise?

Hey monkeys,I am coming up on the 1-year mark in a month at a GSE lender as an underwriting analyst. There does not seem to be a title progression to chase after, other than becoming a certified MAP underwriter in a couple of years.Regardless, I believe I was able to contribute a sizable amount in my first year, and I wanted to hear your thoughts on asking for a raise if it seems appropriate. I work in a HCOL city, base 65k, and 20k EOY bonus. In a junior role right out of school, I know I do not seem to have too much leverage. But, it does seem healthy to think about it. I believe the standard raise is 5k base raise every year (at my shop as an analyst), but that does not seem to be fair compared to my peers.What do you think?

 

Ut et soluta consequatur exercitationem excepturi. Ullam minima unde nihil corrupti. Iste minus nesciunt voluptatem aliquam delectus ea aut. Repellendus provident dolorum et odio ut corporis necessitatibus. Ex quisquam autem nihil labore et fuga odit eos. Est molestiae numquam adipisci molestiae ipsum.

Providing institutional grade CRE pitch decks and excel models at PCNKO.com

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (20) $385
  • Associates (89) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (67) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
GameTheory's picture
GameTheory
98.9
6
dosk17's picture
dosk17
98.9
7
kanon's picture
kanon
98.9
8
CompBanker's picture
CompBanker
98.9
9
Jamoldo's picture
Jamoldo
98.8
10
numi's picture
numi
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...”