Goldman Sachs Offer

Talking with a recruiter for VP position at GS asset management operations based out of Dallas. Need some info on the Base and TC expectations. I have 6 YOE, MBA (non target) Can anybody help? #finance #tc

Goldman Sachs IB-Ops Apr 2, 2021

What is your range?

Deloitte Dito27 OP Apr 2, 2021

Considering my current comp and an oncrement. I am looking for around 160-170 base comp and 20-30 percent of performance bonus.Is that possible??

Goldman Sachs IB-Ops Apr 2, 2021

Possible for VP yes because the band is so large. I'd be surprised if you came in this high in dallas. I don't know the division well but I'd expect probably closer to 130-150

Goldman Sachs IB-Ops Apr 2, 2021

Yeah with 6 YOE you'll barely be VP level. In SLC ops 1-2 year VPs probably average 120-130k all in, maybe a bit more in a good bonus year. Dallas is similar in comp to slc

Bank of America Lionheart9 Apr 4, 2021

Is this a project role or operations daily activity role like trade operations? I'd ask about 170 base plus 20- 30% bonus. For a TC of 215k+ your numbers are spot on even if they try to say 150k is max base..it's not... not even for Dallas standards. Lots of banks have moved roles to Dallas and it's getting to be a competitive mkt.

Deloitte Dito27 OP Apr 4, 2021

This is a project role. Internal strategy and project management group. Does that changes anything?

Bank of America Lionheart9 Apr 4, 2021

PM I would imagine would pay more than daily activity ops roles which are up to 130-150k depending on experience. Did they already give you an offer?

Bank of America Lionheart9 Apr 7, 2021

I think it's fair, but remember their goal is to hire as cheap as possible so if you target is 160 go to 170-175. They will bring it down.