Lifetime banker: Cost of temporarily switching countries?
I am currently a first year analyst at a Canadian investment bank. I completed a couple of lengthy internships prior to my current stint, and I must say that although there are many cons of banking, I genuinely find interest in the work I perform day-to-day and I am fascinated by the work carried out by the more senior bankers. Given my interests and skillset, I have set my goal on becoming a lifetime banker.
Through my relationships I have the been given the opportunity to lateral to an EB in NYC. This EB's dealflow crushes my current bank's dealflow, which I feel is valuable given that greater deal exposure should allow me to develop more technical skills, or at least develop technical skills faster - a valuable proposition given my career goals. However, I would eventually like to move back to Canada. Thus, my question is: Would moving to the US for a couple more years of analyst work or potentially associate work, only to return back to Canada, hinder my ability to climb the ranks back in Canada? I feel like losing out on building/creating relationships in Canada by moving to the US would create a disadvantage for a lifetime banker.
For example, my route could look like:
Year 1: Analyst at Canadian bank
Year 2-4: Analyst at an EB in the US
Year 5+: Return to Canada and climb the ranks
TL;DR --> Assuming I eventually move back to Canada, would the technical skills gained by moving to a bank in the US outweigh the opportunity cost of missing out on building relationships in Canada?
I'd appreciate any thoughts on this. Thanks.
Hey JackOfAllSchwagers, I think you deserve a response...heck, everyone does. We're listening, sorry about the delay ...my best guess at places on WSO that could help:
More suggestions...
Fingers crossed that one of those helps you.
Bump.
Do it! It is going to help you tremendously, you are still at the beginning of your career so you have plenty of time to build relationships in Canada and you can still do that while in the US
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