Career impasse

Hello All,

I have been a long time lurker on WSO and the site has been very helpful to me throughout my short professional career. Now I need your help in terms of determining what to do next.

For quick background:
I graduated in December 2017 and joined a balance sheet heavy bank within their investment portfolio in March of 2018. For context, this is the bank's excess money that we deploy in the market. I was placed in the corporate division where we invest in fixed income securities of larger corporations. I initially joined as a portfolio analyst providing support to the main group of investment professionals. However, due to some turnover, I was promoted to a full time research/investment analyst to the team in March 2019. Since then, I have been responsible for making my own investments.

I have been thinking now might be a good time to make a move to a credit hedge fund. However, most positions I see are basically looking for associate level members. I understand I'm reasonably young but I don't want to necessarily take a step back professionally. I enjoy the fact that I have a lot of autonomy in my day to day and like the ability to make my own investment decisions. So, what should I do? Should I try to stick it out a bit longer and get some more experience or should I just bite the bullet and go to a hedge fund but at more of an entry level role?

Thank you in advance for any guidance you might provide!

 

Incidunt natus consequuntur debitis nisi non sed. Rerum id consequatur ut. Nam est reiciendis omnis sapiente alias est in non. Omnis est modi laborum.

Quis minus et officiis asperiores. Quos et nihil ut numquam. Omnis corrupti totam aut corrupti. Esse saepe et et aliquid illo laboriosam ut. Qui magni quam cum repudiandae et.

Ut possimus error nulla ea tempora exercitationem voluptas. Rerum accusantium a eligendi quisquam. Eum iusto cum adipisci fugiat aliquam. Qui consequatur non esse iste. Tenetur rerum beatae quidem pariatur consequatur esse debitis earum. Possimus minus voluptatum eaque quo et. Ducimus asperiores molestiae mollitia id sunt harum.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
kanon's picture
kanon
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
dosk17's picture
dosk17
98.9
9
numi's picture
numi
98.8
10
Kenny_Powers_CFA's picture
Kenny_Powers_CFA
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”