2022 Corp Fin Comp Megathread

Curious to see comp across corporate finance roles.

Reading the IB bonus thread has me feeling bad about myself so let's get something going here.

Job: Corporate Strategy 

Experience: 2nd year associate, 4.5 years total exp

Industry: Bank (major BB

Base: 105k

Bonus: ~20k

Hours: ~70 hours/week

City: NYC

Comments (35)

  • Assist. VP in PE - Other
Jan 16, 2022 - 12:20pm

Job: Corporate Finance

Experience: AVP, >7 years exp (accounting background)

Industry: Alternative Investments (PE, various debt, RE, etc)

Base: $170k

Bonus: ~$60k

Hours: less than 40 hrs/wk

City: NYC/LA/SF

Most Helpful
Jan 18, 2022 - 4:46pm

I work for a large (national level) consumer/commercial/retail bank. I started out of college in a very small/specialized (non-IB) BB analyst program, and then left at 13mo to join a later stage startup looking to hire sometime from my team with my skillset/experience (analytics &product strategy focused). I received a big title and comp boost when I did so (90k target to 150k target). My startup was then very shortly after acquired by my current firm, and that is how I ended up at ~165k for 2022.

My role is essentially to be the business analyst (albeit I am leveled as a manager) for a core BU function.This is not a role that is readily available and I absolutely lucked into my situation. If I was to leave my current role and look elsewhere, I would struggle to find something paying over ~125k all-in without switching over to consulting or banking (had both as options out of undergrad, albeit not at a MBB/BB).

Plan for now is to spend ~2 years at my current firm and then switch to MBA / MBB.

Alternatively maybe I'll switch over to tech at some point, as I took a number of CS classes at school (top CS target) and I spend a decent amount of time coding in my current role

  • Intern in IB - Cov
Jan 20, 2022 - 5:04pm

Did you start in commercial banking straight out of undergrad?

Jan 21, 2022 - 6:33pm

Depends on your role, I am in sales, pre-COVID I actually traveled about 2 days a weeks, mainly east coast, as far west Texas/Chicago meeting client, product and business management don't travel and typical are more in the 50hrs/week range

Jan 20, 2022 - 1:24pm

Job: FLDP (Undergrad)

Experience: 0 YOE, Start Position in July 2022

Industry: Industrials

Base: 67k

Signing: 5k

Hours: ~50/week (Told by connections in the program)

City: Tier 3 Midwest

Jan 25, 2022 - 11:02am

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Jan 25, 2022 - 9:27pm

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