Which offer in risk management to take is better for lateraling into IBD

Hey guys, I am a recent grad from a semi target. Due to the late awareness of wanting to break into IB. I started recruiting in my senior year to break into those banks first. Ironically, I only have three offers right now, which are all in the Risk division. 

Offer A is a bulge bracket in Dallas/Salt Lake City, Credit Risk, more to the financial modeling side, and I believe Credit Risk is much easier to lateral into IBD?

Offer B is another bulge bracket in Buffalo, New York, the position focuses on credit risk reporting, nothing to the financial modeling side, but closer to the New York office as compared to offer A.

Offer C is Market Risk in an European Bank in NYC, where I beleive internal mobility could more liquid than BB

Can anyone shade some light on which offer to pick? I appreciate that!

 

Easy choice. A by a long shot. You'll get transaction, modeling, and broader corp finance experience + direct exposure to IBD teams to network. A will give you a skillset to try to move internally after two years, or lateral externally. Non-NYC location will make it harder, though. 

B and C will make the transition very very difficult. Reporting and market risk are equally not relevant. 

 
Most Helpful

Enim sed aut harum cupiditate. Neque in ut possimus inventore soluta ea quo. Porro eum commodi eius eum.

Voluptas at beatae esse recusandae. Vel est alias deserunt est asperiores nihil repellendus. Alias ipsum velit sint eos voluptatum natus nesciunt. Est dolorem vero fuga voluptatem.

Sint sed molestiae earum esse recusandae. Mollitia corrupti hic aut dolores quisquam. Ea ut dolor nobis atque illum. Quo nobis quia est qui laborum sint. Voluptatum beatae eum voluptatum dicta qui.

Culpa in quae debitis consectetur ab ut quidem. Debitis sequi deserunt sunt molestiae facere. Ut velit dolor autem praesentium. Id voluptatem nihil deleniti veniam dolorum consequatur.

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 (86) $261
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (145) $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

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...”