Hi,
I just joined a company, I liked the work as per JD, but when I entered the team, I feel there is not much to learn and grow in that particular team. There are different teams in the department in which I am hired. Can I ask the AVP of department to shift me in another team of same department, I have joined the organization 1 week ago, shall I talk to my TL before telling AVP or should not say at all. Will it create any bad image of me infront of my AVP and my TL. Plz suggest..

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If you think you've the skill (honestly) and you would be wasting time in your current role then you should say it...
It's not going to be an easy discussion but it's better to give them a hint before you present your resignation in a few weeks/months, if/when nothing happens.

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Is it an investment bank, you are working for?

Yes

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