An advice for a senior banker looking to make the leap from corporate to investment banking or PE?

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Why bother mate? You're in a cushy line of work, with high barriers to entry and decent hours. You can be a lifer without working too hard, and you'll make way more money than in most industries.
Your best bet in IB is internally. Your best bet into PE is fund management. Even at an ultra-LMM fund, people from B4 deals are better positioned. Even at a tiny fund PWM people are more relevant for IR roles. Either way, better stay put

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Agree with this. IB isn’t all it’s cracked up to be.

Everyone wants it because it sounds “sexy” but you likely have very good hours, quite decent pay, and good seniority. You won’t get that at any IB shop.

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What’s your transferable skillset from corporate banking to IB/PE at a senior level?

Your chances of corporate to IB are extremely slim at a senior level, unless you join a boutique but I would say you’d have to join with an incredible book/network that can generate many many millions in fees…

Not sure how you fit in PE because you won’t be on the investment team (no direct investment experience) and you wouldn’t be considered an operating partner (no operating experience).

smart

Just my opinion, but stay put or find something in private debt (I.e. Golub)

If you have time to study for CFA L2 you have a pretty good job. I did the CFA as a VP for the same reason (prove to myself) and it nearly ruined my life and didn’t add any value to my IB career. I worked 12-15 hours a day, studied 4-5. Didn’t spend any real time with my partner nor saw family and friends. It was like Analyst years all over again…

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I was no where near director level but I was a banker for 2 years and moved to IB operations 2 months ago via contract that will be going perm at the top of the year.

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