Exits from Market Risk at VP level?

Asking for an immigrant friend who finally got permanent residency and is now more comfortable exploring the job market after staying in his position for 6+ years since he no longer needs employer sponsorship to stay in the country. Honestly, hearing this made me sympathetic to the plight of H-1Bs and thankful for my own citizenship, so I really want to help him out.

He is an early 30s VP in Market Risk at a top BB Bank (GS/MS/JPM) with an Ivy-league masters degree in a STEM subject and wants to eventually move to a non-quant front-office role, possibly on the buyside (though this may take more than one jump). He has expressed some interest in trading/investment research. Is this possible at this stage in his career? If so, what path should he target?

I’m just a small-brain sector fundamental analyst so idk what you geniuses on the markets/trading/macro side do. Help & thoughts appreciated.

 
Most Helpful

This will probably require multiple jumps. The easiest way to do it is to transition to a FO role that's adjacent to his current coverage. Roles always open up as people leave, and it's way easier to get hired internally, assuming he's not bad at his job.

But, in order to do that he needs to be transparent with both his own team and the front offices that he wants to make this transition happen. It's way easier if everyone has full disclosure and can work together on this, rather than the "secretive" type of hiring that happens across firms.

 

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