{ "media_type": "text", "post_content": "Thoughts on leaving IBD to switch internally to Risk? Thinking of it seriously", "post_id": "60fed5ab1470640022c48246", "reply_count": 8, "vote_count": 2, "bowl_id": "5c04d0b643b531001738b601", "bowl_name": "Investment Banking - IBD" }

Thoughts on leaving IBD to switch internally to Risk? Thinking of it seriously

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DM to know more if moving to risk is a good idea...

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Potentially a good move, depending on what you're looking for. Pro: 1. Arguably better career longevity 2. Better WLB 3. Exposure to internal firm senior management 4. Build more niched / specialized skillsets 5. If you're already in IBD now, there's always opportunity to move back to IBD in the future Con: 1. Lower compensation growth over time (but all-in higher $ earned / hours worked) 2. Focused projects, i.e. less variety in clients / project-types - can get repetitive down the road (2 to 3 years down) Neutral: Different exit ops if you stay in Risk for an extended period of time --- if you move to Risk for 1 year and exit, your exit options will likely widen, but that goes away past the 1 year mark, as you will be seen more as a subject matter expert in risk by then

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IMO Natural move to some extent, many people usually go internally from IBK to COO or Risk

Why are you going to risk?

Better hours, yet interesting work and transferable skills

Is it something about risk specifically you like or is the work life the main area of attraction for you? If the latter have you thought about capital markets groups, or even secondaries / coinvest shops?

It depends on what in risk you would moving to as they vary widely - credit/liquidity etc. and even within risk, depends on team but I’ve seen that done so many times.

What kind of risk?

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