Who has most say for return offers?
incoming bb sa 21, who has most say for return offers.. anlysts/associates/Vp/ MD?
incoming bb sa 21, who has most say for return offers.. anlysts/associates/Vp/ MD?
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I was an sa this summer an can only speak to my experience - I’d say that analyst and associate have the biggest influence since you work very closely with them. My interactions with the vp were limited and I had no direct interaction with my MD or Partner. While my VP did submit a review on my behalf, he explicitly told me during a catch up call that he’d base his feedback on what the analyst and associate said about my work/attitude/etc.
In summary, whose review matters most depends on both how closely those people can speak to you and your work and their seniority.
>bumping three times in under one hour
the absolute state of prospects
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In most cases from what I have experienced, and when I spoke about it with my friends at other banks it's all about Analysts/Associates. You will have to gain their trust first and then maybe you'll get to work with a VP, and then maybe go for coffees with EDs/MDs. So if they never trust you, you will never be able to move up the ladder. Obviously the MDs can always say I don't want to hire this Kid based on my interaction over 2 coffees for X/Y reason. So everyone does matter but first be a reliable intern that can be trusted by analysts and associates.
It's always the people you worked the closest with - meaning, the analyst and associate.
I would say it depends on how well the bank is doing and what stage they are in:
Normal/Good Times: Your analyst/associate that worked directly with you. Typically at this point, their input matters most, and usually, MDs say "hey if you think theyre good for us go ahead". Second, the VP as one of them typically staff and that one will be getting a feel from the associate how you do. Overall it is good to get the VP on your side as they can make or break you sometimes.
Bad Times: MD/upper executives as they determine the numbers of hires. You could be great but unfortunetly someone needs to get cut. After that, VPs typically decide if anyone is redundant and Associates/Analysts' inputs are taken in.
This is just what I've seen tho.
usually the analysts and staffer. The staffer will be the one who is in charge of the interns, but the analysts will report to him/her about how certain interns are doing.
Speaking from my experience. Could be different for you.
For me, the staffer was essentially the final gate keeper. He was the one checking in on interns throughout the summer and conducted the final exit interview at the end of the summer. It’s the Analysts and Associates, however, that gave him the information to make and actual decision on my behalf. So both parties are critical, but the analysts and associates will be the ones that can actually vouch for you. If they tell the staffer to give you an offer in the roundtable then the staffer will usually follow their recommendation (excluding any logistical/ headcount issues).
For me very good reviews from analyst and associates but my Staffer/VP/ED is where my downfall was .
just repeating what a lot of people are saying in in this thread - which is analyst +assoicates have the most say (80 ish%)
even if the MD likes you a lot but he has a couple of analysts/assoc give bad recs when their deciding on offers the md wont go against the anal/asos recs
end of the day your gonna be spending so much time in the trenches with these people so if you want to get a return offer just work hard and have them like you
EQ goes a long way in securing the return offer
Just FYI, “anal” is not a good abbreviation for analyst(s)
ahahah just realizing thats prob not the best move
seen a couple of BB post jobs that use "ANAL position" so just figured
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