I realize on WSO that most of the readers have a hard on for IB/PE/VC/etc, but just out of curiosity, does anyone know the career progression of the back office at a BB?
So for roles such as finance, accounting, compliance, risk mgmt, etc. To my understanding, salary is the same as FO at the lower levels, but just a very small year end bonus instead of the IB ones?
How many years would it take to move up the ranks in the back office? And how much comp can one expect at each of the levels?
From analyst -> associate -> mgr (VP) -> director?
Doesn't seem like a bad gig to be a VP of finance at a BB to me. If anyone has any info they can share, i'd appreciate it.