Two Buyside Offers - AM or PE
I need some advice. I recently received an offer for a buy-side job at a small firm that would require me to move. Upon receiving the offer, I received an email from a large AM (think Fidelity, Invesco, etc) for a Fixed Income Research position. I have not signed anything yet but verbally committed to the NYC job. The AM shop is 15 minutes from my house and would be a great role. I do not have an offer in hand and would need to go through a video interview and a super day. I asked the recruiter about the length of the process and she said it would be another 2.5 weeks which I do not have. Should I decline the offer I have now and run the risk of not getting this job? Or just go with the first offer?
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