Need Advice on Job Offers - be as honest as need be

OK - here is the deal. I have two pending offers and It's time that I make my decision. I am torn on which to go with as they're both pretty different gigs, but seem to have promising upside potential. Here they are:

  1. Infrastructure Banking Associate Role with a large German Bank that has a pretty small New York office - not DB. The MD is building out the Debt Capital Markets team and needs to bring in an infrastructure team to bring in new business and pursue project finance opportunities in US and Canada. Seems like a pretty cool gig and allows my to take a pretty lead role with the team. The bank is a no name in the US.

  2. Private Banking Associate role at JPM working with an Alternatives Investments group on business development and fund launches to PB clients. Good upside potential to move into a senior banking role and move up within JPM private banking.

What do you guys think? I'm currently a corporate finance analyst at a PE shop and pretty unhappy.

Thanks for the advice.

 
Best Response
  1. is banking what you want to do? you say you are at a PE shop now, where you an banking analyst beforehand? Seems like a good opportunity to learn a lot and build on some skills / network.

  2. JPM's private banking job is great, i dont know about the associate level though. I know being an analyst there will help you transition to other finance-related jobs. If you feel like doing PWM, asset management for a career track, then I would suggest private banking, if not, then prob the other job.

Hours wise, I'm going to say the banking job will be worse so think about how hard you want to work.

 

I'd take #1 on the sole reason you said you'd be able to take a "lead role". Plus, its still IB un-like your 2nd option.

I'm not a fan of PB so I might be biased.

 

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