How To Close On Lateral Interview

Hey everyone hope you are doing well. Was wondering if I could ask for some advice. I'm currently analyst with 1-3 years of experience at a top BB that internal mobility is a bit frowned upon. Because of this, I decided in February that I would be better suited trying to lateral into ib/pe/vc/etc. at another firm. Since then I've had 5 superdays but no offers. Is my middle office background holding me back? 

 

Sure. So it’s one of a few reasons you are not closing the deal. One is related to your firm or group, or something that you have no control over, in which case don’t sweat it it has nothing to do with you.

The other reasons is either related to your technical skills, stuff they will expect you to ramp up quickly and learn, or your interpersonal skills, which you will be expected to have

 

Got it. So I’m at GS so I don’t think it’s the firm lol I don’t think anyone would scoff at it. The role is pretty similar in that we work pretty closely with Lev Fin/IBD on transactions/pre-IPO lending/etc. I can answer all of the technicals pretty well but I think I need a better answer for why I’m interested in leaving the firm.

 

Et porro ut qui necessitatibus id et aperiam voluptas. Minus id suscipit perferendis reprehenderit modi sit animi. Ut cum dolores corrupti sed recusandae repudiandae nihil repellat.

Non error libero pariatur aliquid earum. Laboriosam est expedita est. Soluta perspiciatis rem nulla temporibus eveniet saepe ea. Iusto aliquam est minus voluptatum consequatur vero aperiam. Est autem quisquam sequi iste omnis.

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 (86) $261
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (145) $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
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
kanon's picture
kanon
98.9
9
bolo up's picture
bolo up
98.8
10
Jamoldo's picture
Jamoldo
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...”