How risky is full-time recruiting?

Say someone wants to recruit for another office(LA to NY) in IB, and they haven't built connections in NY because they recruited solely for LA. When reaching out to investment bankers, does it leak out often that you're recruiting to another office? How does one mitigate this risk?

Comments (7)

 
  • Analyst 1 in IB - Ind
Jan 12, 2021 - 5:09pm

Yea right, the guy will jot down your name & bank, go quickly do a linkedin search to see which of his pals from college is working in your office and reach out to them to flag you... I think you're forgetting that bankers are working 100+ hours every week during WFH on a consistent basis, so the last thing a banker will care if you are interning at another bank but want to jump ship to his...

 
  • Intern in IB - Ind
Jan 12, 2021 - 5:31pm

sorry for how the original post may have come off; just concerned(perhaps for no reason) that my return may be compromised

 
  • Analyst 1 in IB - Ind
Jan 12, 2021 - 5:57pm

No worries, I would not worry about it. No one will spend an additional second these days for an Incoming SA in another bank. Maybe there is like a 1 in 10,000 chance that his frat-mate works in your group lol who knows. Also if you start networking with them towards the end of the summer, it may seem like you are not on track to get a return offer so you're testing the waters for their bank as a backup plan. It's your career so you should be the one taking the risk and making the decision...

 
  • Intern in IB - Ind
Jan 12, 2021 - 6:10pm

That makes sense; I could see how reaching out in the summer would be perceived like that. Would you recommend that I start reaching out now to develop a baseline connection and then reach out again in the summer to ask about full-time processes?

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