Anyone in Corporate Banking? What is typical compensation (base / bonus) for a 1st year VP? What are your hours like?
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Anyone in Corporate Banking? What is typical compensation (base / bonus) for a 1st year VP? What are your hours like?
I’m curious—what evidence are you seeing that men are experiencing reverse discrimination? In financial services, it still seems like most senior leadership positions are held by men. I’m at a conference and overheard a conversation at the next table.
Be honest: how much does company prestige still matter to you? Early on it felt huge, but the older I get, the more I care about the day-to-day experience. Has prestige become less important to you over time?
I’ve started blocking focus time on my calendar and protecting it like a meeting. It felt awkward at first, but it’s helping. What’s one small productivity habit that actually works for you?
Our VP mandated that all cameras must be on for every single internal Zoom call. No one is happy. We’re supposed to be hybrid now, but this feels like a passive-aggressive way to make sure we’re sitting rigidly at our desks in full business casual at home. Was never like this when we were fully remote. Is this a reasonable expectation for a modern workplace?
Hi Everyone, I have been having trouble finding a new job (10 months and counting) as a Project Manager despite my extensive experience in the financial industry, I don't want to speculate on the reasons, but now I'm getting to the point of applying for jobs at Walmart or Costco so I can pay my bills more easily, I'm fine with this because work is work but I can't help but think that there may be other options for work that I'm just not considering, or not know about. Any thoughts? Thanks
135 base 25k bonus 45 hours NYC
I'd second it.. previously worked at another international Bank... VP in corporate banking base around 160-200 (they had internal levels within VP)... Bonus varies on target and group performance but I heard anywhere from 20% - 50%
Total comp. VP base for investment banking at BAML is $250k. Not sure what corporate banking VP is, I would guess around $200k
^ ouch, really??
That’s way too low
That’s so far off it’s not even funny. I would say closer to 80% of investment bankers at the associate level, probably lower the higher you get, and around 65-70 hours a week. Less weekend work than investment banking but it still occurs
@Baml 2 - do you mean 80% of IB on the bonus portion? Or total comp? Is VP base really $135k?
I think Corp VP 1 base at my firm is 180, maybe 200 at VP 2. Don’t know bonus amount
Thanks BAML 2!