1st year analyst, bb lateral
I'm currently a first-year analyst considering lateraling to a bb from a mm bank. My primary motivation is that my current group is systemically understaffed until the summer at the earliest (A to VP and above coverage ratio of less than 1) and it's hindering my ability to learn new things (no one has the time to teach me and we all agree that that is the case). The jump would entail changing industry groups.
Pros: New 10k signing bonus, guaranteed top bucket bonus buyout, better name
Cons: Switching industries, burning bridges at the old bank, effect on resume
Anyone have any advice on this? I'm particularly worried about changing industry groups and damaging future buyside exit opportunities
Thanks for your thoughts