Networking next steps from here

I am currently working to lateral into banking from a corp dev function.

Almost 2 months ago, I networked with an alum who is VP/D at a low tier BB. The alum asked for my resume at the end of call and I thought the call went well. No movement on the application since then and I was told that I would be notified as soon as the alum hears any update.

Is it a bad move to reach out to other person within the same group to network or is it just best to wait?

 

You should not reach out to anyone else in the group. It gives the impression that you are trying to back channel around the VP. Chances are, there is no open position, or there was, and they decided to not fill it. Take a look at my lateraling guide. If you have solid transaction experience that you can speak to and a well-written resume, you should have no issue networking your way into interviews at other banks.

 

Thanks, and it makes sense. FWIW, posting is still up just no movement. Ive contacted the hr who posted the role but havent heard back. Does it make sense to send a quick follow up to vp after waiting a month since our last correspondence?

 

Omnis tempore aut beatae qui quam id est. Et repudiandae fugiat magnam rerum enim. Quae aut facere officiis soluta.

Voluptatibus minima tempore reprehenderit eius accusamus ipsa tenetur. Dolorem doloribus inventore rerum ullam 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 (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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
kanon's picture
kanon
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
dosk17's picture
dosk17
98.9
9
numi's picture
numi
98.8
10
Kenny_Powers_CFA's picture
Kenny_Powers_CFA
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...”