Accepted Regional IB Offer, should I keep interviewing if I really want to live in NY?
Hey everyone, so I accepted a full-time IB offer at a top-tier mm bank (think Jefferies, Houlihan, Baird) in major non-NYC office (i.e Houston, Chicago, DC). The team, compensation, and rep are all great, but I do still have a strong desire to work in NYC. Since signing, I have been turning down subsequent interviews with other firms in NYC, but as I keep receiving more interviews the desire to be in NY keeps coming up for me again.
Would you guys say that something like Oppenheimer or FT Partners in NYC is worth interviewing and potentially reneging for? How do I reconcile this situation? Should I suck up and try to lateral to the city after 1-2 years at the place I already signed at?
Any advice is much appreciated!
Not worth reneging and burning bridges, especially for those firms. Just maintain your network and recruit FT for NY by leveraging your return offer. If you really like the bank, depending on policies, you may even be able to transfer internally to NY.
Should mention that this is an FT role. But thanks, yeah, internal lateraling has been my main plan so far
This is definetly Jefferies. Baird doesn’t hire for full-time unless you summered there.
HL doesn't too.
Definitely Houston energy as well. JEF chi office is tiny and i dont think they even have a DC office. That's a pretty good place to be. you might learn to like it there despite the sweatiness.
For Oppenheimer and FT Partners, no.
How would you compare HL to an EB?
The city doesn't matter too much in the early years. With the hours you are working its probably better to avoid the NYC rent and save the money for later fun especially if you are at a sweatshop
How is Oppenheimer in 2019?
I think they do lot of financings, with some M&A still sprinkled in there. Their healthcare group is decent, but definitely a notch below some of their comps in the HC space. It really isn't a place I hear too much about anymore tbh, but no news does not necessarily equal bad news.
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