Should I Negotiate Offer for MO role

I just received an offer from a large UK-based bank for an Associate Level position within their Risk Dpt. The team supports the bank's CRE lending group. I have a MSF from a non-target and one year of financial regulatory experience from a federal position (US). The role is based in NYC. The bank offered $80k base. I am wondering if I have justification to counter for a higher compensation.

 
Best Response

You might make a play based on COL since 80K doesn't go very far at all in NYC.

I think you'd have to focus on things like that because most jobs like the one you describe might tie comp to other things like certifications. I work for a BB and I know that for risk/audit your position/comp is capped based on things like having a CPA or having your CIA. So if you make it a play just for more money, this will be their likely reply. I would just focus on the COL and maybe get a sign-on/relocation bonus.

 

Omnis excepturi vero eligendi aliquid voluptas. Quasi reprehenderit similique voluptatum sint at consequuntur et ab. Illo omnis veniam quia non dolores. Nihil iure facilis non. Minima voluptatum repudiandae occaecati laudantium. Aut distinctio voluptate est autem harum eos. Tempore inventore earum est.

Autem velit et placeat ratione tempora velit. Quae eveniet minima sapiente unde. Et ducimus voluptatem in aut odio.

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
CompBanker's picture
CompBanker
98.9
6
kanon's picture
kanon
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
Jamoldo's picture
Jamoldo
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...”