Nov 05, 2023

From Corporate Banking to Debt Advisory ?

Currently associate in a tier I Corporate Bank (JPM / BAML / Citi) I’ll interview for a position at an  EB (Moelis/Rothschild/Lazard) in their debt advisory team. 

Don’t have any offer yet but I’m starting to think seriously about it and on whether it makes sense 

I’m currently senior associate and have excellent relationships with people in my group. I feel I can progress well in my firm where I work on interesting assignments (rating advisory , acquisition financing ect) and have decent WLB

Mixed feelings here as I think the move would allow me to have good deal exposure, to go outside my comfort zone, increase comp, build a new network, be in a closer position to clients, etc.

on the other side I don’t want to leave a good position where I am happy today for grass is greener reasons and regret afterwards…

… in the meantime I’m thinking that building a career is also being able to leave somewhere to rebound somewhere else rather than languish in a single experience 


… but what if happiness was being able to be content with what we have when objectively good enough ?


any advice ?

 

If you find what you do interesting, I wouldn't move. "Grass is always greener" indeed.

Not only that, but there are lateral moves which would make more sense? That don't carry the same risks. Why not try moving to IG Loan Origination/Leveraged Finance at your bank?

 

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