I made the switch from IB to a product focused corporate banking group late last year. Deal flow is better than my group in IB; however, I am finding the non-deal related work (60-70% of my time) to be absolutely unbearable - compliance, portfolio monitoring, administrative tasks. Literally feels like I am Peter in Office Space slowly dying.
It isn't that the pay is bad, or that my co-workers are jerks/super difficult to work with. It is primarily the amount of of utterly mind numbing tasks that I have to put up with. I am considering going back to IB specifically because of this (pitchbooks are much more interesting in comparison).
My question is, have any of you dealt with this (CB or not)? And if so, did you transition to a smaller firm, the buy side (debt fund), or IB? Any insight would be helpful.