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Early in my career, I have made the mistake of not talking a job that I really liked because I wanted to stick with false pride of higher designation even if the pay was staying the same in new job at a lower designation level. But you should also compare work culture and research who will you work with (boss you will report to is going to be very important, even more than work). Also I presume that if the new firm can give you same salary at lower title, perhaps growth in title should be even better comp wise if you get promoted. And at analyst vs Sr analyst levels. It does not even matter. But again, everybody's case is different. People around you will matter a lot.
Pro
Thanks for the feedback!
The only thing that matters is comp. Titles are just titles. Always follow the money. I retired at 35 with 3mm and my MD is still working weekends cause he cant afford to get fired at 55.
10 year+ Tier 1 investment banker here
I did that. Was an ED at a private bank, made a pivot to a wirehouse, took a lower corp title (back to a VP). I was willing to do it bc of the opportunity to build my own book of business at my current firm. Now I make substantially more than even my best year at my old firm, and a high corp title.
Pro
That’s great! I’m glad it worked out.
Yes do it.
Pro
Thanks!
If you really want to work for the company and the comp is the same, I’d take it. I personally don’t worry as much about titles as comp and liking the place I work at