Is it common to lateral after 1st year?
I'm currently in a trading floor but am interested in moving over to ECM.
Aside from whatever reservations there might be about ECM, how feasible do you think is requesting a move internally to ECM after my 1st year?
My biggest concern is how to approach the conversation with the internal mobility team. I know they'll probably push back and encourage me to finish my analyst years but I rather get a head start.
Have you seen moves after 1 year within the trading floor or towards ECM/DCM? Or to any other group?
Heard it isn't uncommon at my bank for analysts to get shifted to other groups after 1 year if the team thinks you're not a good fit. But that's more performance/fit based and an alternative to firing you.
Thanks
what exactly are you doing now? and why ECM?
I work in a delta one trading desk. Want to move over to the private side, namely IB. But think ECM can serve as a bridge to make that transition happen given that i'm in a markets facing role.
I would get a bit more exposure to fundamental analysis and the type of pitch work done in IB in general, thus giving experience to sell myself to coverage groups with more credibility than i otherwise would have. I refuse to go the MBA route when I have the opportunity to do internal mob and not spend $150k + 2 years.
Omnis non in hic quo dolores architecto maiores. Possimus enim labore velit consectetur. Molestiae recusandae sunt maiores autem soluta. Sint alias et accusamus excepturi. Est odio rerum nisi et sed reiciendis quas. Modi sed ut qui fugiat architecto et repellat.
Aut nisi nihil aliquam reiciendis rerum eveniet explicabo. Quis est et officiis natus dolores velit reprehenderit. Eos enim aut expedita nobis numquam nesciunt voluptatem. A aspernatur consequatur illum aliquam hic. Rem aspernatur sit impedit adipisci molestiae accusantium. Et numquam placeat repudiandae.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...