Just moved up to NYC, looking at other opportunities within the area. Been in banking/finance for 3-4 years, what other opportunities would be a good pivot move? Not looking to take a drastic pay cut but looking to explore options (100k min) Thanks!
Is 100k just base or total comp?
Base right now is 102, bonus structure is bogus (5-10k based on perf).
What's your overall yoe? And what is your primary role currently, you can possibly move into more front office/sales but it depends on your skillset and referrals etc. Sales at a quality company can easily put you over 100k, Bloomberg sales for reference usually 120k+
Overall YOE is 2.5 years (was in rotational program), hopping between back/middle office roles in treasury and other businesses. Typical finance - FP&A roles, think pivoting - currently make about 110-112 all In. Trying to see what’s realistic pivot, open upward trajectory, and not looking to take drastic pay cuts now
Are you currently in NYC or Virgina? Because you would need more than 112k to retain your same quality of life in NYC. You need to keep that in mind as well. Sales is more visible, and can definitely be better in terms of upward trajectory and compensation.
Looking for more of the same or to switch industries? Were you front office? Back office?
Back office finance, looking to get into a different industry. Been looking into consulting, startups, is it easy to make a switch from back/middle office finance to consulting/PE shop?
Wasy to move from back office to back office, but it sounds like you want to move from back office to front. And thats really hard. I know guys who had a terrible time moving from hedgefunds to PE. You might have an in with consulting if you can create a structured project based resume