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@roberto I have followed a similar path but I didn’t start working in corporate finance until I started pursuing my MSF(which has no relation to what I am doing ). And I assume you are also young like myself. I think it really depends what bank you currently work at. I work at a regional bank ($25B) with high visibility throughout the company.
To your question. I also was nervous working in corporate finance which has little to no transfer value to CFA related jobs. I am not sure about the “visibility” in top 20 banks but I had multiple opportunities in the 1.5 years I was here (Twice asked to interview for CFA related jobs, capital markets and risk management) I interviewed for one which they told me I was “over qualified” aka “we changed our mind but still want you to stay at the company” and the other I turned down because I was already talking to the place I am about to start at.
So now I am entering the investment field with a small asset management firm, but the 1.5 years I feared I was wasting gave me 1) A real network of upper management in a commercial bank which is highly visible in the state and region and which I will immediately start calling on some of them. 2) Time to wait for a job where I would actually manage money instead of selling insurance at Edward Jones 3) relatively slow paced job that helped me to pass the first 2 CFA tests.
So if you trust your bank to recognize talent and give you the opportunity for a horizontal move, I would not stress. If they are oblivious and bureaucratic and you doubt their meritocracy then start looking to leave, but if you develop a decent network while there I don’t think it is a waste of time. Especially being young, a network can not be gained solely through an MBA or CFA and thus is often much more valuable. |
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