RE Banking Elder advice
I am brand new to the forum as a youngin just beginning my career; interned this summer at a mid-sized bank on the CRE lending side in a HCOL city, really enjoyed it and will likely be returning as an analyst next summer (return offer). I see a lot of analysts and other younger people on this site, but am curious how many people deep into their careers (15+ years, at director levels, etc) are active on this forum. If so, any warnings or advice for senior year of college and beginning the foundations of a career in banking/CRE in 2023? I have read a lot on this forum about the quality of analysts being down this year, even fellow interns seemed a bit under prepared to me. How can I stand out?
Couple of pieces of advice:
* Network not just with your intern/analyst class or group, but with all of the "middle/back office" groups (finance, ops, hr, admins, etc) as well. You never know when that admin or accountant is going to leave for xyz firm and then give you a call because they heard of a spot that you might be interested in. Also, it just makes you a nicer, more round person if you aren't a stuck up asshole and actually understand how those groups help you.
* Don't be lazy and read everything. Read every word of those OMs, IC memos, appraisals, construction reports, etc. It is super frustrating when you are a busy senior to get asked a question that is answered somewhere if you would have done your homework. By all means ask if you don't understand something, but at least try and understand it first.
* fake it until you make it. For your first job out of school, you are probably going to feel a little bit like an alien on a new planet. Observe others and do what they do. Once you are more comfortable, you are free to be a bit more "yourself" but the first few years are somewhat about assimilating to the culture. You can be fun and quirky on your own time, only bring it to the office when you are sure it isn't going to be an issue.
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