Hi everyone - hope all is well. I am in the middle of pondering a pretty big decision as to whether or not to make a career jump here. I am currently working in multifamily lending at one of the agencies, and have been doing so for a little over 3 years now. My job is essentially to manage all deals that come into us from a couple of our lenders, from structuring the loan to getting it priced and dealing with any issues that occur during the process. I really do enjoy it, but feel like I am just watching the action of these transactions from the GSE world. I want to be involved in the action myself. I have an opportunity to jump ship and join one of our lender partners as an analyst. The analyst will support either the shop's debt side or the investment sales side. Obviously my background is on the debt side, but the IS side intrigues me.
There are several parts of this situation that I am having trouble thinking about. The first being whether or not it is actually a good idea for me to leave my current position for the new one. I know that you kind of have to start out at these debt shops as an analyst, so I have figured that now might be a good time because i'm not getting any younger. I would hate to one day be a 32 year old chick with 'Analyst' in her title. But at the same time, my current situation is pretty nice. I get great benefits working at a large company - steady salary, a month of PTO every year, great data at my company, work from home flexibility (even outside of COVID), etc. I am (maybe too) comfortable here. With the new position, I would take an initial pay cut, would be working much harder, would have little time off, and would have to be in the office 5 days a week, which sounds like hell after having been WFH for almost a year. HOWEVER, the new position presents MUCH greater upside with earning potential, career growth and learning.
The second part of all of this is the debt vs investment sales component. I think IS is a bit more intriguing to me, but I have more knowledge/experience on the debt side. I would love to hear from anyone to the extent they have experience in both of these areas.
If anyone has any insight as to how I should be thinking about all of this, I would love to hear from you.