Networking with a client and life in corporate development post-IB

I'm currently an IB analyst at a BB coverage group specializing in a fairly niche industry, and have limited interest on exiting to PE (particularly outside of my coverage group). I'm content with staying in banking for the medium - long term, however was hoping for some insight from those who have successfully pursued to corporate development route. I'm primarily interested in corporate development for two reasons:

  1. The industry that I cover is relatively receptive to having people with capital markets / M&A background serve as C-suite roles (CEO / CFO) or senior executive roles (i.e. VP corp. dev.)
  2. The significant improvement in work life balance (this coverage group across most banks tend to be grindy due to number of companies in the coverage universe and most clients are pretty demanding). This isn't a concern for me in the near-term (and would probably hate the slow-paced nature of a corporate at the junior level), but want to plan ahead in case the corp. dev route is something I want to pursue

Appreciating that corporate development roles differ vastly between industries and companies, I had a few high-level questions I was hoping for the forum's insight on:

  1. Is there any sensitivity on networking with clients as an employee at a bank? Obviously can't disclose what other engagements you're working on, but want to be cognizant of the fact that as a current employee, I am effectively representing the bank in any discussions with a client
  2. For those that exited to corp. dev., do you have any regrets? My main concern is that the corporate lifestyle would be too slow paced for my personality (albeit this may change as I age), the lead-time to carry out any strategic initiatives, and the additional risk of being a principal instead of an advisor (i.e. fired as a scapegoat for underperforming M&A)
  3. Given my situation, if I were to transfer to corporate, what time would be right? Unlike PE associate recruiting where candidates need to be "malleable", corporates from what I've seen value transactional experience so tenure in a IB role isn't necessarily a con, per se

Thanks in advance

2 Comments
 

Explicabo nostrum est sequi possimus ipsa. Consequatur ipsam dolor sint et natus. Aut beatae expedita voluptatem laboriosam fugiat.

Molestiae vel reiciendis sed harum molestiae. Ducimus tempore voluptatem quos aliquid et est maxime. Molestias quaerat excepturi dicta ducimus. Quia error voluptatem atque omnis incidunt soluta. Itaque provident omnis et architecto eos earum. Enim perferendis optio excepturi aut odit doloremque.

Architecto assumenda nam neque suscipit mollitia id qui. Sint necessitatibus et provident iste velit rerum et. Sint sit rerum autem iste nam.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 01 98.3%
  • BMO Capital Markets 13 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan 01 97.1%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (15) $434
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (80) $150
  • Intern/Summer Analyst (73) $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
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
GameTheory's picture
GameTheory
98.9
7
dosk17's picture
dosk17
98.9
8
CompBanker's picture
CompBanker
98.9
9
DrApeman's picture
DrApeman
98.9
10
bolo up's picture
bolo up
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...”