What is the hierarchy of 'Senior Analyst' in BB?

Rank: Monkey | 38

Historically the BB title hierarchy is analyst-associate-VP-ED-MD if the candidates start right after graduation. Nowadays, I've seen many profiles on linkedin with the title 'senior analyst' in BB such as GS, this is mostly seen experienced hires. Does anyone know what is 'senior analyst' in BB? Is this something in between a fresh graduate analyst and associate.


Comments (13)

Best Response
Feb 28,2018

It's a new position between VP and Director.

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Feb 28,2018

Thanks for comment. However it sounds a bit weird, shouldnt the position between VP&Director be called sth like senior VP which makes more sense? Senior analyst sounds more like sth in between analyst&associate.

Feb 28,2018

I am considered a "Senior Analyst" - it was because I was an experienced hire at the analyst level. Not sure how it works at all banks, but I am eligible for promote after one year

Feb 28,2018

That makes sense, thanks. Just curious, would 'senior analyst' still be given to experienced hire with 3+ years experience? Why not directly give 'associate'. As within a bank, it normally takes 2-3 years to become an associate from analyst.

Feb 28,2018

For whatever reason, it doesn't exactly work that way at my bank. In all likelihood, I don't think you would come in as a Senior Analyst with 3+ years experience. There are some people at my bank that have been Analysts in title for more than 4 years. No idea why, but they were internally moved from other parts of the bank.

I came in with 1.5 years experience and became a Senior Analyst. Expecting to get a promotion or lateral to a new group within 12-18 months.

Feb 28,2018

A senior analyst means either A) you're a 3rd year analyst or B) you lateraled in, could/should be an associate, but the bank is doing everything they can to limit comp expense for the group so they want to lump you in with the analysts and the corresponding comp structure. For the latter, its a way to dignify those people by technically separating them from a normal 'analyst'. All banks will try to do this

Feb 28,2018

yea fuck those banks.. Also hate in job postings when they say "Senior Analyst/Associate" or "Senior Associate/VP" and then when you're in the later stages of interviews they drop the hammer and say they're considering you for the lower ranked hierarchy role. This is usually HR. I wish I had enough clout/power to tell her "listen bitch, unless you're gonna give me a $125k base salary and bring me in as an associate, then don't waste my time."

We're not lawyers. We're investment bankers. We didn't go to Harvard. We Went to Wharton!

Feb 28,2018

I always thought those titles were bogus too.

Mr 305

Feb 28,2018
Feb 28,2018

Wouldn't all of this vary at different BBs? Not everyone has an ED role. Some have an SVP role, some AVP roles. Others have generic "Officer" role that can be at a couple of different levels in the hierarchy. I think it just depends on the BB.

Feb 28,2018

Throwaway account here.

JP Morgan for example has the following bands/ranks (job level) and corresponding names... If one doesn't have these, generally they'll eventually be harmonized...

501 - analyst
502 - Analyst
601 - associate
602 - associate
603 - vp, vice president
604 - Ed, executive director
605 - MD, managing director

For analyst and associate, there are as you see two levels.. one can call themselves senior if they are the second level but I've never really heard it... There is no such thing as first second, or third year or whatever meaning anything with respect to promotion... It is all about performance, scope, influence and impact and if the team actually has a position at the next level.. and, if your not near the next band in terms of total comp, then it takes even longer for promotion. So unless you're coming at a high rank or literally killing it every year for years, expect to spend lots of years to get to, day, get vp. Also, up to 602 level, is mostly within control of your direct manager, 603 and up requires committee approval so there is politics involved too. It is easier to get higher coming in than from within....