Hostile manager, crappy dynamic, mental issue

Hey guys I'm a second-year associate at a new French bank trying to build a good ER team (pretty obvious). My analyst hopes that I do all the research and he/she does all the client interaction. He doesn't teach me at all but was very picky of my model/note, even grammar/typos in internal emails (I'm not native but I have very good academic records)

For example, he requests that I work five days in the office, arrive around 7am (even if I live in NJ), and do a news write-up just for him (rarely published) before 8am. When hired, I had 1-year experience and I was hired as the only associate on the team. He constantly compares me with some 5-y associates on other teams and implies that I'm overpaid. (I'm indeed paid more than other second year associates but they are not the only associate on the team). 

I talked to his previous associates, one of them felt exactly the same and suggest that I lateral ASAP. I've been passively looking for a while but the market right now is not good at all. I may have to accept a lower package. 

My mental health is getting worse, I wasn't able to focus and perform as I could and it's forming a vicious circle. My manager is getting more hostile everyday and I can see myself fired by the end of the year. 

Should I just go ahead and do the bare minimum until I got an offer, or should I go explain my mental health issue, request some time off and give this job another shot?

Thanks for all the suggestions. 

 
Funniest

If what your saying is true, send me the location, will bring my bat to your office and wait around the corner after work 

 

While I'm sympathizing with your situation, your hours seem fine and reasonable. I think people have to remember that commuting to the the office 5 days a week had been the norm for decades until this pandemic. You also made the choice of living in NJ with a longer commute time than those who live in the city. That said, perhaps your complaints are more about not getting properly mentored and I agree that you should lateral / move as soon as possible especially if you feel that your mental health is deteriorating.

 
Most Helpful

What's your analyst's reputation internally? I assume the DoR has an idea of what's going on if previous associates have turned over due to the same issue.

In that case, one of the best case scenarios would be to switch teams if you could have a conversation with someone other than your analyst. It's also very possible he manages relations internally, with his associates as the exception.

On the flip side, it sounds like you're getting decent experience (at the expense of your mental health). If the above isn't possible, I would try to remind yourself that you're learning, but to keep looking elsewhere as you are. And don't be afraid to explain why you're looking elsewhere. When I was recruiting I spoke to my now analyst about how I didn't want to end up working for some jerk and when I spoke with him (as well as the DoR later on) they both said the same thing: we have a no a-holes policy here. I say this to remind you THERE ARE decent shops out there. You might just need to be open about the experience and talk to a few people to find out who they are. A good analyst will connect you with his associates (and former associates) to speak to their work style, associate treatment, etc. 

Edit: Want to say I agree with Anonymous_IV about the commute thing. That was your decision and you have to own it. The quicker you can get through the "woe is me" mentality, the better off you'll be. And then you can focus on getting out of your current situation. 

 

Et minus qui tenetur et quo dolorum. Soluta laborum voluptate rerum cupiditate ut veritatis labore. Dolor qui mollitia illo optio eveniet adipisci. Consequatur quaerat quod aliquid fuga veniam dolorem dicta.

Magni deleniti voluptatem quod. Quod perferendis temporibus ullam qui pariatur laborum.

Commodi itaque et sit. Provident aliquid magnam occaecati vitae perspiciatis dolores voluptas. Consequuntur deserunt dolores tempora delectus. Et et ex laudantium numquam ea. Repellendus inventore hic illo ut eaque dolores. Vel sint voluptatem rerum sed ipsum harum facere.

Rem fuga qui voluptatem officiis facilis sed consequatur maiores. Dolore temporibus saepe neque accusamus et vel cum. Corporis rerum quidem libero nisi aspernatur consequatur. Molestias quas qui est possimus. Cupiditate et earum quod nam quod praesentium.

Only two sources I trust, Glenn Beck and singing woodland creatures.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Lazard Freres No 98.8%
  • Harris Williams & Co. 25 98.3%
  • Goldman Sachs 17 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (21) $373
  • Associates (91) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (68) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”