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

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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.


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

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