July 26, 2020
Invest Credit Sales Associate
Application and interview process
The promotion process, as far as I can tell, is fair. You can get promoted to associate if you do a good job by your second year! Early promotions are appearing to be continuously in my favor. There have, however, been some miscommunications with others. Others have reported that the promotion may not have been as straightforward, although I can’t necessarily fully speak to their experience.
The promotion process, as far as I can tell, is fair. You can get promoted to associate if you do a good job by your second year! Early promotions are appearing to be continuously in my favor. There have, however, been some miscommunications with others. Others have reported that the promotion may not have been as straightforward, although I can't necessarily fully speak to their experience.
Bank of America is really fun! At the end of the day, when you’re interviewing for firms, they have very similar credits, systems, and structures. But the deciding factor for me was the people. I definitely connected with the Bank of America staff the most. Plus it was helpful already knowing people who worked there.
There is also a good work/life balance, especially early on. My average hours are from 6:30am to around 6:00pm which isn’t bad at all in this field. I’m also a morning person so these hours are particularly ideal for me. And the hours definitely improve/grow more relaxed the longer I’m here.
I’m excited to go to work everyday. In this environment, I’m motivated to share as many bonds as I can!
July 5, 2020
Investment Banking Analyst
New York, NY
Work-life balance is minimal to be honest. I definitely have to hit a switch in the workplace. Around my analyst class, I’m perfectly comfortable, but around others, I’m definitely hitting that corporate switch.
Overall the culture is pretty good. Once you get into banking, you’ll see certain personalities that aren’t great, but the majority of people are really helpful. For the people that look like me, they’re open to helping out. You might just have to take it upon yourself to reach out.
We have our resource groups, and there have not been many events so far. However, it is picking up steam which is promising. Another analyst had to reach out to make me aware of the resource group mailing list. Initially, awareness of the meetings was low also. At the end of the day, you don't really get to participate in the programs in investment banking.
Mentorship is up to you; I was able to find one myself who was extremely helpful. Currently, I don’t have any formal mentors at the firm (the one during my internship left), but I’ve reached out to leadership and they’ve been helpful. But there’s no program that places you with a mentor, unless you’re an intern.
Relationships with manager(s)
My managers try sometimes, but it’s limited interactions. Most of the time when you’re talking to them, you’re discussing a deal. I wouldn’t say that the relationship is bad, but it’s nothing great. It’s just the nature of investment banking overall. People are always busy and stuck in their own lane.