BAML Global Transaction Services vs Goldman Sachs Regulatory Controllers

NewStreet's picture
Rank: Chimp | 13

I need some advice on deciding between an offer from Bank of America Merrill Lynch and Goldman Sachs as a first yr analyst. The position at BAML is in Global Transaction Services, and GS is within the Regulatory Controllers group in the Finance Division. Both are starting at the same salary, 65k and include overtime pay plus yearly bonus. However, I am more interested in which would be better for career growth, with possibly better pay down the road.

Not having come from a business background at my university, I became familiar with the world of banking rather recently, so I am just learning about the career paths available, division transfers, BO vs FO, etc. I hope to grow in either firm and have the chance to make as large of an impact as possible. With that said, I know the positions are not necessarily IB level, or the like, but any sound advice or personal experience would be greatly appreciated. I think these are both great firms, so this is tough for me, and I am open to suggestions.

Thank you.