12 YOE a mix of consulting and industry in risk management. MBA. Offer at a financial institution at a SM level risk management $170k, no signup bonus. Good or bad?

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bonus target? base is not bad for sm

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Bonus varies, the offer letter doesn't have anything in writing because apparently the company doesn't give it in writing but in verbal discussions with the hiring manager and recruiter both consistently quoted 20-30% depending on performance (company and individual)

With 12 years experience you should aim at Executive director at the bank (one level below MD)

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Bad. For 12 year of experience minimum base should be 250K (director/ ED at a bank) and the guaranteed bonus for first year

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The role isnt a director level though.Director ranks at Banks are somewhat different than consulting (Big 4, not sure about MBB). Coming out of Big 4, this is the equivalent of a first year advisory director (Lower end of the range) which is really an SM equivalent

Low

What would be ideal? Note this isn't a consulting offer, so no weekends, no travel and no crazy hours during the week

It depends on what type of 12 yoe and what type of MBA. The number provided is lower than top MBA hires out of school (if we include sign on bonus)

This 👆🏻

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