Background: I'm an SVP in a commercial banking credit role at a medium-sized bank. My job is "fine" and there is nothing intolerable about it except that I am bored to tears doing it. In addition, the firm is going through some growing pains and making poor decisions about how to navigate this path. I have seen this movie before at a previous bank where we went through the same things and made the same mistakes. Given these factors, I had decided a couple weeks ago to start cultivating new options. I am relatively well-compensated for the level of work that I do and I have a great deal of liberty to manage myself.
Situation: I've been approached by one of our clients who is in search of a CFO and I've sat for a couple interviews. This company is relatively young and small (think
Think about what you want to do long-term and whether you can accomplish that in your current role or in the new role.
Far beit from me to advise (mid-30s in Corporate Development), but I'd jump -- especially if you're bored. Help grow the business and move on to bigger and better things (or stay there and profit...)
I find it very difficult to see myself in my current role for the long-term. The only reason to stay would be compensation and potential for advancement within the bank. That said, I do not work in the same city as the HQ (and am unwilling to move there) so I will forever be out of the loop on new jobs because we all know banks/corporations are unwilling to embrace the working remote paradigm. I do not think they, if asked, could articulate a long-term plan for me.
If I stayed and took higher compensation but had to keep doing the same job for the intermediate term, I would still be feeling out other options.
What I want to avoid is taking this opportunity because its the first one to come across my desk since I've made this decision. I do think it's actually a good company with good prospects and I'd enjoy the challenge, but still want some food for thought.
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