Are firms open to internal transfers? What's the general process / timeline like? Looking to change groups and location within IBD.

like
Posting as :
works at
You are currently posting as works at

Completely depends on the bank. Generally would discuss with a manager with decision making power. Best bet it to make it sound like your main focus is changing location and having a good reason for it. I moved from NY to Chicago, team was supportive even though it meant switching teams. Didn’t take offense to it because they knew I had my reasons for wanting to be in Chicago.

like

There is a reason the metrics are for joiners / movers / leavers. Managers are measured on internal mobility.

Related Posts

Do you always send a thank you note on all your interviews? What if you forgot to send one, is that a sign you might not get the job?

like

Anyone willing to share insight on PPMD life at Grant Thornton? I am assuming it is a smaller footprint, size, etc. and that there is a tradeoff versus a Big4 on staff and practice size/comp/quality of life/brutal hours otherwise it wouldn’t be worth it.

Doing due diligence for the very early stages of a conversation with them and trying to gather info.

Appreciate your thoughts.

like

Guys today i sign joining form, when will i get appointment letter? Any idea

like

Anyone know what salary band is for Deloitte Advisory - Business and Finance Transformation? 8 YOE, MBA, and as stated above Manager level.

like

For those who have gone to therapy, when did you know you needed to go/if it would help? How often do you go?

likehelpful

I have an offer from Netckacker- Senior Software Engineer and Airtel Xlab- Lead Engineer please advise where to join.Both provide similar packages.

like

Any T2 or B4 firms allow remote work? Or at least be placed in a locale outside of home office?

If so please dm - am looking.

like

Money or looks?

Can schools see which other schools you send your gmat scores to?

like

Traveling to Jamaica next month. Roaming around Kingston for 2 days. I will be there for 2 more days thereafter. Where else apart from Kingston would you recommend I set up shop to hit the local attractions? What are the two/three must see places in Jamaica?

like

Anyone here play fortnite on pc?? pls carry me

like

People who have left customer support jobs, what would it take for you to get back into the industry?

like

First year problems

Post Photo
likefunny

Hypothesis: Advertising tries too hard to be substantive.

Experiment: What if we made advertising dumb again?

Results: Tide, "Dilly Dilly"

Conclusion: Ads aren't a platform for intellectualism.

likesmartupliftingfunny

I have an offer from Mercer to join as module lead with 12.5 fix CTC and annual incentive plan which is not clearly mentioned in offer letter. My joining date is 31st October so as per company policy anyone joining after 1st oct won't be eligible for appraisal cycle nor for annual incentive plan..which makes my package 12.5 lacs for next one and a half year.
Not sure if it would be a wise decision, current CTC is 9.08 lacs Mercer

like

Toronto banks: remote or not? They sometimes post jobs where it doesn’t say it’s remote, but no branch/ location/address either. Then you get an interview and they tell you it’s remote/hybrid(1-2-3days, take your pick)/on-site. So, if you work at TD, Scotia, RBC, could you let everybody know in the comments what’s the deal for each? Are you remote, on-site, hybrid of some sort?

like

I want the public to give cops a fair chance. I have seen police brutality upfront and I despise it, but I've met some cops that are genuinely nice people.

likeuplifting

I am put Incharge of ordering snacks is there any suggestions on unhealthy and healthy snacks you guys suggest I get

likesmart

What’re the thoughts on Apple Watch Ultra? I dive occasionally and it seems fairly interesting that it runs the Bühlmann decompression algorithm for a dive watch. Seems alright for recreational diving although it’s nearly the same price as Shearwater and they’re much more capable.

like

Anyone knows how is Emirates NMD client in Synechron, And do we need to give client interview after joining?

Additional Posts in Investment Banking - IBD

Anyone here ski? I drunkenly bought an epic pass and am in the final stages of lateraling to a MM/BB coverage. How dumb of a move was that purchase / will I be able to use it? Was able to go quite a few times at current bank as an analyst

like

Has anyone used the coaching platform Office Hours for laterals and buyside recruiting training? They connected with me on LinkedIn and I hadn’t heard much about them so curious if their service is worth the price tag

like

When I hear the 90-100 hrs a week in banking, is that time nonstop work or is that including waiting time? I work in TAS right now, and so far the hours seem way lighter than I expected.

likesmart
like

Hi all, am wondering how chartered accounting qualifications are viewed in IB? I’m in a role at the moment that is putting me through the ACCA (UK) qualification. Is it worth waiting the 3 years to complete this before applying to entry level IB roles or does it not carry much weight? Thanks

like

I have a first round IB interview at Baird coming up, does anyone have any insight? <1 YOE

like

I am taking series 79 soon, wondering how important is it I know all the dates? I know the major ones but I’m going through knopman and there are so many “xx must do xx within 10 days, 30 days, 40 days, 6 months” etc.

And names of every single rule (I can recognize all rules and explain them but… I had a question on knopman ask me if the answer was section 338(h)10 or 338(h)11. Could really use some insight if anyone has anything

like

What do you say when people act impressed that you're a young VP, not realizing that there are a ton of VPs at a bank?

like

What’s the perception of Lincoln in the IBD space? Are the exit opportunities on par with other MM programs into HF or PE?

like

Houlihan Lokey vs Lincoln International? I’m at HL but the commute is an hr + while lincoln is a 15 minute drive for me. Would it be a downgrade to make a move?

like

Just read about Salesforce takeover of Slack for $27.7bn (54% premium and 26x sales NTM), and the subsequent reaction of Salesforce stock -10%

Salesforce is trying to compete with Microsoft, which offers teams bundled with O365 for free, however, the PF rev is only 40% of the MSFT commercial cloud business

The price seems exaggerated, but given the massive potential synergies + impressive unit economics of slack, why has the market reacted so poorly?

Was it a bold move from Salesforce?

like

Anyone have any insights/info on Evercore Complex Situations Group? Thanks in advance.

like

Do people think it’s important to have an on-line professional profile?

like

Anyone have an idea what a corp dev associate role should pay in a mid-sized publicly traded tech firm? Wondering if the pay bumps IB analysts are getting will translate into higher pay in corporate development. Wouldn't want to leave for less than 100k base / 130k all in. Is that reasonable?

like

Just curious, as an A&A, how much money do you actually save / invest vs. spend? I find it difficult to save up tbh. Does it get easier once you move up or your spending just catches up with your pay

like

Anyone here thinking of switching to consulting for better WLB? Would you lateral to a business analyst position or get an MBA and join as a consultant?

like

What side business or gigs do you guys do to complement your salary if any? I’m looking to maximize my income and use my skills somehow to make money on the side.

like

Lazard PCA: Anybody know what culture and Associate comp is like?

like

Are you in need of a loan I offer global alternative funding hit me up for more informations if you are interested.

like

How many of you are working this weekend?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Send download link to your phone

OR

Scan your QR code to download
Fishbowl app on your mobile

By continuing you agree to Terms of Use and Privacy Policy.

Messaging rates may apply

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal