Looking for some advice…Corp Banking Analyst w 3 years exp
I (24M) have been on the portfolio management side of banking/lending for 3 years now.
Current comp is 115k base + 20-30% bonus in a HCOL. And I’d say that I’m happy with where my career is as of now… However, I do feel like I’m missing out on something more. I would say that I’m definitely someone who is money driven and I do get FOMO hearing about Corp Fin or Non Bank finance positions that offer RSUs/Equity in some sort of additional comp structure. A part of me wants to see what all of that’s about. Im at the point where I can graduate into a relationship (senior) position at the bank or pivot into a different crevice of the industry.
So here’s my question. For people in those positions (and for those who have been in banking alike)…are all of these roles gold mines or is it really case by case? Are the comp structures outright better than banking? Is there more potential for future career earnings because of the developed comp structure? What are the downsides/risks I should consider if switching?
TIA