Being an Indispensable Analyst/ Associate
How does a junior become indispensable to his/her senior bankers? How do you become a true asset to your VP or MD--someone they'll include in negotiations if they get another offer, fight for during bonus season, or stand up for during layoffs?
(As background, have been working for a few months as the sole analyst in a small group with several deals upcoming. Any specific suggestions pertaining to 'deal time' would also be appreciated.)
Be fast, efficient, and most important...produce perfect work. Good luck doing all three at 4am.
Learn from her: http://reviews.aalbc.com/karrine_steffans_2007.htm
http://en.wikipedia.org/wiki/Karrine_Steffans
In sales and trading, learn an obscure product really well. If you are one of only a few people with a valuable skillset that makes money for the firm, you are indispensable at any age.
This is a legit point... but let's keep this IB/cap mkts focused considering this is the "IB Bullpen."
Hate to break it to you, but everyone is replacable.
No ugly surprises, double check your work and always say yes with a smile.
After a year or two, you get license to be a little more frank and direct with the people that you work well with.
Probably isn't such thing as an indispensable analyst, maybe associate but that's still pushing it. The only indispensable people are the ones with the relationships and that bring in deals.
Hard work with make few mistakes and a good attitude will serve you just fine.
Personally agree, don't think seniors will step up for the juniors if it's hard time for them (if it's let go decision time), they might do so if it's something very easy and cost them nothing, i.e., verbally saying you are extremely good, smart, whatever day in day out, or writing a good review for you.
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