Just received an offer letter from a lending company for a $75K for a loan analyst role. The problem is that this lending company is not really in the commercial space that I want to be in.
Currently, I am at a large CRE firm that is reputable and feel that it looks better on my resume. They are only paying me $62K base tho which sucks. My end goal is asset management, which I have applied to.
Should I just accept and keep interviewing then rescind my acceptance if I find something that is in CRE??
Don’t even see the point of you accepting the offer as it doesn’t seem as if this is something you want to do. What are you gaining by accepting the role? Let’s say you don’t find another position, are you gonna then leave your current and better job for a worse one in a field that is even farther from CRE than you currently are? I don’t see any point of you accepting this position. Rather, I’d say leverage your current position and brand to level up. It’s a hot job market. Network as much as possible, apply to positions you are truly interested in, and I’m sure something you want will come together. After all, how long have you been actively on the job hunt? seems like this is one of the first offers you got and you are wanting to take it because you think nothing else will materialize. If you network and apply aggressively, you can probably get something that pays better and better aligns with your long term goals.
You are right. This position was easy to get due to a head hunter reaching out to me. Never wanted it nor was I interested. I definitely will take what you said into consideration. Plus the raise I feel like isn’t worth it. I’m confident I could get $85K elsewhere if I stick around my current company longer.
There is a higher value being with a brand name company for longer, consdiering you don't even that offer.
So the company giving an offer is well known just not nearly as reputable as my current company.
Why accept if it won’t help you get where you want to be? I don’t think the pay bump is worth it either. Just keep networking and applying. That’s probably a better way to get to where you want to be long term.
I would stick in your current role and keep working towards getting a role in AM.
You’d accept this role and then end up spinning your wheels and want out after 6 months or so. I have been in this exact situation before.
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