Lateral Process Thoughts

First time, long time. Currently, I am going through a lateral recruiting process. I got into it by reaching out to the group head. He noted that they were thinking about hiring at my position (unique product experience), but hadn't kicked off a process yet. He then connected me with one of his MDs, where the conversation went well, and the MD would get the internal process going. HR was slow getting things going, but they ended up putting up a number of online postings for the role, and then HR scheduled a couple of calls for me with someone more junior and someone more senior in another reporting line, albeit in the same global group. I haven't heard back thereafter after checking in.


I'm not really sure what to make of this. Usually, in my past experience, HR gets involved at the end of an interview process to get approvals and finalize paperwork, while the candidate's interactions would really be just with the team, and I've never had a process where I spoke to the most senior people first and then more junior people. Not sure what to make of the outlook on this process. Should I expect that they used my initial interest to kick off a full recruiting and resume screening process? Or is HR just doing what they need to do to fulfill compliance requirements?


Normally, I don't really stress about these things, but it's a tough market right now, and I'm sure there are thousands of candidates floating around out there.

 

Nisi molestiae est laboriosam incidunt est ea. Tempore earum id unde unde. Voluptate voluptatem sequi amet est ad omnis natus et. Nihil optio eos quis esse. Qui distinctio qui ipsam qui quisquam. Voluptas perferendis rerum aperiam ea autem sed vel. Est soluta illum fugit repellat.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Perella Weinberg Partners New 98.9%
  • Lazard Freres 01 98.3%
  • Harris Williams & Co. 24 97.7%
  • Goldman Sachs 16 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.9%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 05 97.7%
  • Moelis & Company 01 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.9%
  • Perella Weinberg Partners 18 98.3%
  • Goldman Sachs 16 97.7%
  • Moelis & Company 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (21) $373
  • Associates (91) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (68) $168
  • 1st Year Analyst (206) $159
  • Intern/Summer Analyst (148) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
kanon's picture
kanon
98.9
6
dosk17's picture
dosk17
98.9
7
GameTheory's picture
GameTheory
98.9
8
CompBanker's picture
CompBanker
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”