Being asked to find a different job!

My manager has asked me to find a different position, as there isn't any headcount for a VP promotion and it's up or out. I find it hard to believe as my 2 person team's profit has increased over 100% since I joined a few years ago, but whatever. They did say I'll get paid a bonus for the full years work, but bonuses have been low for the whole group anyways over the past few years (think max $40k for an associate). I've never had a bad performance review, and even this year's formal review was good, so it's a bit out of the blue.

I've been in FI sales for 7 years now, and have worked at multiple BBs in multiple geographic locations covering all kinds of clients. What should I set my sights on?

I feel my experience has become so niche that it's probably not valuable for regular companies, and my visa restricts me quite a bit, as I'd need to find a firm that's big enough to be willing to sponsor and willing to pay the higher wage level that's required. I've looked at internal mobility, but I've been told IBD makes people go back to analyst 2, which would be a big step down from associate 3. A lot of other departments aren't sponsoring visas anymore unfortunately.

If I don't find a job in the next few months I'll be fired and would have to leave the US, which would suck as I've put down roots and have started a family here.

1 Comments
 
Most Helpful

Occaecati voluptate sit ratione sit sint sit quae. Omnis id assumenda asperiores. Architecto voluptatem consequatur libero laboriosam sint consequatur.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.2%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (48) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (83) $151
  • Intern/Summer Analyst (75) $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
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
kanon's picture
kanon
99.0
5
GameTheory's picture
GameTheory
98.9
6
DrApeman's picture
DrApeman
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
CompBanker's picture
CompBanker
98.9
9
dosk17's picture
dosk17
98.9
10
Linda Abraham's picture
Linda Abraham
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...”