IB Ops Analyst Program at BB or Commercial Banking Analyst Program at another BB
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
Trending Content
Career Resources
WSO Free Modeling Series - Now Open Through
April 30, 2024
9 Free Financial Modeling Lessons
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
+Bonus: Get 27 financial modeling templates in swipe file
+Bonus: Get 27 financial modeling templates in swipe file
I think both could land you some interesting roles after 12-18 months depending on your networking ability and skills developing outside of working, but I'd like to think that the commercial banking route at Citi would be slightly preferable. I recall a few threads about how commercial banking delves deep into credit analysis, with some folks exiting into corporate banking/leveraged finance with some elbow work. Both could also get you into a top 20 MBA, which you can then use to rebrand should you choose to go that route.
They're both BB's, so should be beneficial in opening up some interesting opportunities outside of immediate financial service institutions (e.g., F500 finance/strategy, boutique strategy shops, corp dev but this is more rare I believe).
Do you have a particular immediate medium term goal in mind with respect to position? And are you still interviewing around?
Yea I'm looking to eventually move into Corporate/Investment Banking
I see. If these offers are exploding I would opt to go for either, with perhaps a slight preference for the commercial banking role. If they aren't exploding and you have a period of time, I would make one last push networking wise and see if you can land something. I wouldn't really focus on BB/MM necessarily since FT slots may very well be populated, but regional boutiques might have a last minute need which would be helpful for you.
On balance I think you should get to your end game as soon as possible if indeed your goal is banking. It's far easier to lateral from even a no name boutique to a MM/BB, as your skills are quite relevant and transferable. Hope this was of some help for you :)
Go for the Commercial role. I personally know someone who went from CB Analyst to IB in under a year just by putting in the work. CIB Ops isn't as applicable to FO IB roles as the title leads you to believe. Ops is a tough gig to transfer into an FO from, I can't overstate that. The Commercial role will benefit you more, and you'll most likely enjoy the work much more too
Ops at a BB vs Commercial banking at BB (Originally Posted: 01/17/2017)
Im gonna make this post short. I KNOW both arent ideal roles. I really want to transfer to IB through hard, hard networking and being a good performer and maybe doing things on the side.
Having said that, I know the switch is possible to IB but out of these two roles: Ops at BB vs. Commercial banking at bb, which one is more relevant and can make my switch potentially easier?
EDIT:
Additionally, if I were to turn down an offer for Ops at a BB, would I be blacklisted from the firm for future applications??
The fact that you are even asking this question is mind boggling. Look at both job descriptions. Both aren't IB but one will give you a definitive skill set that is applicable while the other will likely do nothing but put a BB name on the resume.
And just to save you some time to figure it out which is better it's rather clear its commercial banking. While your goal may be IB which would be a rather hard transition if I may suggest try and do DCM. The skill set is far more transferable.
But if your hell bent on IB best of luck.
Thank you for the reply. I was sure that it was commercial banking as well. I just dont know how much a brand name matters in the industry, even if its for an unrelated role.
Well your post states that they are both BB so brand name is irrelevant.
Et non maiores ullam doloribus corrupti corporis voluptas. Eaque dolore numquam eos ratione doloribus laborum est. Culpa sunt minus ullam delectus delectus soluta. Atque ut aspernatur atque perspiciatis. Dolores rem eaque ut. Sapiente et ab quibusdam delectus fugiat aut autem. Ut odio et vel repudiandae voluptatem quo autem incidunt.
Deleniti commodi et enim impedit minima sed. Repellendus aperiam et quasi reiciendis et. Qui nisi aliquam voluptates ullam.
Ratione quam soluta voluptas dolorum. Tenetur expedita ut odio nam odit. Enim pariatur omnis nulla molestiae sit quos.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...