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  #11  
Old 12-28-2017, 03:13 PM
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Pretty much anyone who is more than 2 years out of college and is in Investment Banking is a chump, imo.

ETA: Oh, didn't realize it was a research role. Don't mind me.
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  #12  
Old 12-28-2017, 03:22 PM
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Is a VP-level position (I am an AVP now) so she likes the sector and title change.
This is a stupid reason imo. "Because it makes you sound important" would be extraordinarily arrogant (even for you...not judging, just sayin).
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  #13  
Old 12-28-2017, 03:31 PM
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This is a stupid reason imo. "Because it makes you sound important" would be extraordinarily arrogant (even for you...not judging, just sayin).

Plus - everyone at a bank is a VP. That's like 2 years of work experience + MBA + 3 more years.
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  #14  
Old 12-28-2017, 03:31 PM
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6. Same location so geographical issues are moot
Which one puts you in a better position to get to the United State in the future?

-Riley
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  #15  
Old 12-28-2017, 03:31 PM
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Originally Posted by jas66Kent View Post
Have been given an opportunity to move to a bulge bracket IB, and I am mulling over the pros and cons.

1. Hours are worse (50-60/week)
2. Pay is about 2x as much of you include bonuses (50% more in base pay)
3. Role is not as technically oriented (this does bother me a bit)
4. Upward salary mobility would be higher but job security is probably lower than in Actuarial
5. I would probably not be coming back to Actuarial after this move most likely (this bothers me a bit as I spent a lot of time obtaining the actuarial qualification).
6. Same location so geographical issues are moot
7. Wife is more onboard with IB than Actuarial

So what say you AO?

The role is in research btw in the IB. But is client-facing (I would be dealing with hedge funds, asset managers etc..).
What's your ideal job like? What % of your time in analysis/research vs. management vs. client-facing?
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  #16  
Old 12-28-2017, 03:52 PM
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What's your ideal job like? What % of your time in analysis/research vs. management vs. client-facing?
I have been asking myself this a lot lately.

I am at the point where I am beginning to do more managing of work vs getting down and dirty building models, and I am finding the transition difficult. I know managing people is the path I need to take for career progression/higher pay, but I just find it a tad boring. I tend to feel a bit useless not doing some technical work, so I would need about 20% analysis at the minimum in order to feel satisfied at any job.
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Old 12-28-2017, 03:53 PM
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This is a stupid reason imo. "Because it makes you sound important" would be extraordinarily arrogant (even for you...not judging, just sayin).
I know actuarial folks disagree, but titles matter a great deal in the corporate non-actuarial environment.
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  #18  
Old 12-28-2017, 03:53 PM
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What's your ideal job like? What % of your time in analysis/research vs. management vs. client-facing?
... vs. time not at work.
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  #19  
Old 12-28-2017, 03:55 PM
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Which one puts you in a better position to get to the United State in the future?

-Riley
My wife and I will not be returning to the US anytime soon.

I may end up in Brazil. There are aa lot of opportunities there
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  #20  
Old 12-28-2017, 04:01 PM
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someone offered to pay you money for your research skills? where in the uk do i move to?



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