I've been working at Seniors Housing REIT for approximately 1.5 years and have started to look to transition into more of a real estate financing role. I've recently just had a interview in a private capital group of a private real fund. Seemed to go well, however, second round will be in approximately 2-3 weeks. At the same time, I have a interview coming up at a competitor firm to my current firm for a similar role (senior analyst, acquisitions). The role is very similar along with additional responsibility.
I'm looking for some advice here....should I make the jump into a same role if offered? My end goal has always been multi res/commercial/office space and not just Seniors housing on the financing side of things. I feel if I were to take the acquisitions role at the competitor firm, I'll have to stick out at least 2-3 years to insure I don't come across as a flight risk.
Side Note: My current firm there is too much micro management and office politics and that has also been wearing me down.
Any insight/advice is very much appreciated.
If you get a promotion every time you switch firms, it's not going to be looked down upon like it would be if you were just jumping firm to firm in the same position. It's understandable to jump ship for a promotion/pay-raise. It's business, and we're all rational actors.
Disagree with the fact that you won't be viewed as a flight risk. You will be. Most hiring managers for these positions want stable, steady performers. Not superstars who will leave at the next best offer that pays more. However, I do agree with the fact that it's a business and we're all rational actors. Nobody will fault you for doing what's best for you.
Is there a way to negotiate for a different title..i.e Manager in my upcoming interview if they're interested in me?
So the competitor firm is also offering the same role I'm currently in (Senior Investment Analyst), however, with additional responsibilities. If they were to change the title to Manager, I'd be much more interested.
Is there a way I can ask for a different title in the interview if they're interested in me? if so, any recommendation as to how?
bump, that's a good question
Does the title of your position really mean that much to you? Hell, there are SVP's who have moderate to little analyst background and need them every time a problem occurs because they can't figure it out themselves. There are also 35+ year old analysts who have been working for the same MD for over 10 years and are probably making more than those SVP's.
Title, at the end of the day, is just something to make your resume or LinkedIn profile come off as savvy. If you are competent with your work and can handle these additional responsibilities, the "manager" title doesn't mean anything because your work speak will for itself. If the job is what you want to do or can boost your career, why does it matter if your resume says analyst or manager?
It was more so to allow me too negotiate a higher salary range. Additionally, as I've mentioned before I've only been in my role for approximately 1.5 years. As such, a lateral role at a different firm may come across as flight risk going forward. Atleast, with a role I can justify why I made transitioned into a different firm
Make sure you have your story straight and it shouldn't be an issue at all if you come across well. This stuff happens all the time. Go and see whats out there, just be mindful that the grass isn't always greener and make sure to do your homework on your target firms.
Personally I would be less concerned with title and more concerned with responsibility/comp,
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