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Mentor
A good analyst is competent at 12 months.
You should be able to add value at the Associate level - not just churning the ‘asks,’ but helping to craft messages.
VP’s can do craft without much oversight and can handle multiple deals at once.
Each role is a stepping stone for the next. Observe the more experienced analysts, take on board all critiques. I can’t trust you to craft messaging if you can’t faultlessly convey the message I’ve crafted.
MD1, does crafting messages include identifying the analysis that needs to be done to drive the story? What else is part of crafting messages?
Mentor
Every analyst can breakdown the business unit financials.
But I’d expect a senior associate to be able to tell the analyst what are the tail/headwinds in each business unit and why they’ve effected those areas. Describe why they’ve over/underperformed and what steps (additional targeted capex, restructuring costs, etc) they’re taking to rectify the problems or continue their industry leadership.
Six months for complex roles
Coach
For analytical work maybe 1-2 year.
However this job evolves as you move up the ladder - as a VP now my role is more client facing and I feel like I’m on the learning curve again.
And as Md you’ll need to learn the sales skills - so yea you almost never feel fully competent until many years as a banker