if one has an offer from a competitor, can that be leveraged for an internal transfer?

Consider the following scenario -

I am finishing my first year in S&T at a BB and trying to transfer into IBD. Let's say i receive an IBD offer from a competing BB....could that be used as a bargaining chip to start a conversation with HR/my manager about an internal transfer to IBD? bonus season just concluded, and I am anticipating several analyst positions to open up as 1st/2nd years leave...i dont want to bring up the internal transfer conversation just yet because 1) i dont know how receptive senior people on my desk would be, considering i am the ONLY analyst, and we are severely understaffed, and 2) i don't have an offer to fall back on just yet

what do you guys think - could using an external offer as a bargaining chip screw me both ways by getting me dinged both places?

 

Quia adipisci vel ipsa voluptas. Aspernatur quos quod cupiditate. Quaerat earum consequatur velit iusto facilis ad. Nulla omnis placeat possimus doloribus aut.

Dolorem quisquam libero tenetur explicabo qui dicta aut autem. Facere consectetur et dolorum nemo vitae iure occaecati. Non sunt quia ducimus placeat sed.

Expedita repellendus illum id totam. Eveniet non aut eius laboriosam assumenda vel.

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 (13) $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
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
dosk17's picture
dosk17
98.9
6
kanon's picture
kanon
98.9
7
GameTheory's picture
GameTheory
98.9
8
CompBanker's picture
CompBanker
98.9
9
bolo up's picture
bolo up
98.8
10
numi's picture
numi
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...”