Should I work in Big 4 Valuations? Curious if MBA would be need to transition into IB/HF/PE. Is working in FDD or in Valuation better to break into corporate development. I didnt work directly in the IB team, but I have been through the same trainings, have modelled LBOs, made decks for deals and have done due diligence valuation work for tons of PE/VC portcos. The nature of Transaction Services roles differs heavily based on region. Total compensation for Analysts ranges between $60K and $80K USD, depending on the city, individual performance, and firm performance. The original version of this article from ~2 years ago had lower numbers, but then people left comments saying they were too low, at least in the U.S. Anyone move into treasury at F500 where you engage in FX or interest rate swaps? Triple Creek will be on your left, on Triple Creek Blvd. I think you should just start networking with a variety of different banks and see what turns up. You will be at a disadvantage next to candidates who completed internships more closely related to IB, such as PE or search funds, but you can still win IB internships. Or would you recommend to go for a PE or CF boutique directly if possible? 2. There is some overlap with the top schools for IB recruiting, but relatively few students from the Ivy League and equivalent schools end up in these roles. Do you think this Big 4 internship is relevant enough for IB or should I look for more relevant internships? A: Sure. I believe they do, at least at the large banks, but I do not have the details on these packages, as people rarely report them along with salary and bonus figures. Or maybe 1-2 years there -> M7 MBA -> BB? My first round was a phone interview with an MD in charge of recruiting for the office; he asked a mix of fit and technical questions (on DCFs and valuation), and the interview was more of a check the box to make sure you know your stuff round. So you would be better off there for corporate development. Only do it if networking / lateral recruiting does not work. When you go through the orientation at a Big 4, they will talk about the power of your network and relationships. Brian what do you recommend if a candidate has too much non finance experience (eg. Would spending 1-2 years there be a good stepping stone to project/structured finance at a BB? This website and our partners set cookies on your computer to improve our site and the ads you see. Temporibus quia et quasi sunt adipisci ea quaerat. You want to stay in the industry and work at a Big 4 firm for the long-term; You want to get into corporate development or win a related corporate role without doing IB first; or. A: In my office, we receive 300+ resumes from multiple target schools for only a few Analyst spots. I Would like to receive your opinion, I did 6 years in banking in treasury, capital markets, Murex projects, and derivatives analysis, then I did 3 years of equity research and finally 3 years in consulting in Europe at functional corporate banking activities such as capital markets, Murex and cash management. This website and our partners set cookies on your computer to improve our site and the ads you see. I think 401k is a very important part of a job offer for me. And the brand/reputation is the same level. What about trying to lateral after a valuations summer analyst gig for FT Ib recruiting? Also, keeping in mind that the job markets I will target will be European. (Originally Posted: 02/02/2011). ~60% time working with audits, rest of the time works on deals, litigation etc. But internal audit actually has a lot to offer: It boasts a great work-life balance; there are no month-end or quarter-end closes, making for a steady, consistent schedule. The biggest issue will probably be that there are fewer MBA-level roles in Europe in general, so theyre arguably more competitive to win. FAQ When to transfer from Audit to Transaction Services (TS)? Thanks for your time! Big4 - Valuations and Transaction Servies - What after??? There have been many great comebacks throughout history. M&A investment bankers execute the entire deal process from start to finish, including finding and contacting potential buyers and sellers, marketing the company, and negotiating the purchase agreement. Im looking for financial due diligence and valuation on a merger project, specifically in the direct hire executive recruitment space. Oh, and if you do not advance to the Partner level, your exit opportunities are fine, but not spectacular: The top question here is Can I get into private equity? 2022 annual results: Atos delivering on strategic transformation plan. just wondering what exit opportunities are there for these finance type roles at the big4 accounting firms. It seems like Duff and HL FAS have more IB exits than big 4, but I doubt the difference is significant. If you're new here, please click here to get my FREE 57-page investment banking recruiting guide - plus, get weekly updates so that you can break into investment banking. Now I m pursuing MBA in Finance. WSO depends on everyone being able to pitch in when they know something. Enjoy your work on here. I got a master at non target school in corporate finance a few years ago. I am currently doing federal tax at big 4 for a year now. Would BBs like that experience or would MM's be the only hope. But I dont think theres a huge difference between them, at least not based on the descriptions. In terms of Plan B options for winning IB/PE roles, my view is that corporate banking and even independent business valuation firms come out ahead. We also hire from many Masters in Finance programs at top schools. The Big 4 would obviously have large valuation groups. The ones that have left have moved into corporate development at large/public companies. I did a LinkedIn search of people who worked at a big 4 valuation group. Is it going to hurt me having 2 years of Big 4 on my resume when I apply for junior year internships in IB? Q: Thats a great summary. If the seller hires the TS team, the deliverable is usually a vendor due diligence (VDD) report that makes it easier for potential buyers to analyze the sellers business before placing a bid. Cross-border excahnge doesn't exist in my current market, which is the principal reason the moves seems attractive to me. Now having done my MBA in finance, I in my last semester right now, i have accepted an offer from Grant Thornton India, Strategy and Transactions team. "Whenever you leave the Big 4, you consistently have a steady stream of offers trying to lure you away. In this episode, Rob and I discuss AI from a VC . I have been a senior associate/senior consultant at two of the Big 4 firms in deals consulting over the last three years and my base salary alone across both firms (~$165k) is at the upper end of what you have listed for Senior Manager, and I know from discussions with other senior associate/senior consultant peers, that they are being paid similarly. Q: Great. Also, how do exit opps compare if one were to be at a different valuation firm (Duff & Phelps, HLHZ, etc.)? If you havent been able to win interviews even after a lot of networking, then the problem may be something else. Currently in my third year of TAS in Chicago where Ive done both FDD and Management/Operational consulting projects for a wide range of clients (ranging from F500 to $10M manufacturing companies). In Europe, for example, TS teams analyze both historical financial information and forecasts. its understandable where the M&A division can lead you, but what about transaction services and valuations? Theres a set advancement path up through the mid-levels, but past that, as in IB, it comes down to your ability to generate deal flow. The core valuable skills are valuing companies, assets such as intangibles, and modeling transactions. Ive also learned a lot and have been exposed to interesting work, more so than in many IB roles, and it has been fairly easy to spin my experience into sounding relevant for other jobs. This is the first time, I am interacting with B4. Another important point is that joining a BV group does not necessarily mean you will only be performing business valuations. Write to the other banks, say that you have an offer at Bank X, and that you would prefer this other bank youre writing to, as theyre youre top choice, but you need to respond within 2 weeks, so you wanted to see if they could do anything to accelerate the process. Quis et voluptas distinctio dolore. Thanks! Do exit options between Valuation and FDD differ? Can you tell us your story? The second one is probably better because youll at least be doing some modeling work there. Hi Brian thanks for the article. I really dont know, sorry. Initially posted this in the big4 thread.I feel like this is going to be no doubt CF>Valuations but I want to get more info.SO, I got offered Valuations and Modelling services in one of the big 4 but planning to switch to Corporate Finance in that same big 4 instead but I'm not sure whether it's a good move.I was under the impression that Corporate Finance is under Financial . Touched on this here in #1's response: Business Valuation: Investment banking, private equity, other financial consulting (corporate restructuring / turnarounds, other), MBA. Additionally I am around 40 years, I appreciatte your ideas and help. There are many groups within or around Transaction Services, so its worth explaining how they differ. I'm curently considering moving from big 4 corporate strategy in a small market (Eastern Europe) to big 4 m&a strategy in the MEA (mostly middle east) region. 1 Like 5 Comments Share 1 2Y a Senior Associate 1 I've seen both exit to IB/PE. EY: Strategy and Transactions Valuation modelling and economics At some point, almost everyone becomes interested in Big 4 Transaction Services (TS) teams: The point is, everyone debates the merits of these jobs, but theres still a lot of confusion over what Transaction Services means. You have to be incredibly aggressive with networking, especially if youre outside of major financial centers. Finance/FP&A. Thanks a lot for any advice/input! Insightful article as always. Im pretty fixed on getting my MBA though so Im not sure what would look better. Introduction : Connie Craig Carroll is a television personality and popular host who worked for 22 years at the Home Shopping Network (HSN). And they're there on LinkedIn. Yes. Hey Brian, great article. Weve been where you are and can help you forge your swift exit. Im dreaming of private equity. 4-way traffic lights are very hard to find and highly collectible . This article is old but covers the Big 4 TS in India: https://mergersandinquisitions.com/india-big-4-transaction-services/. Do you know what an associate salary range would be at a non big 4 firm? You'll have the opportunity to interact with people at all layers of the company as you conduct your audit. The majority of people leaving Big 4 are . We did publish an interview about Big 4 Restructuring a long time ago, so refer to that for more details. If youre in the valuation team, your work tasks will be similar to the ones covered in the business valuation firms article, with a focus on numbers rather than written reports. Now if this is an area youre considering, I strongly encourage you to check out our map of the landscape of Accounting & Audit Exit Opportunities, including Valuations to find out: Exit Options | Mapping the post-accounting & audit landscape. All candidates in investment banking are networking all the time, but its not as common here, so it can help you stand out more. Hi Buds, Ive worked both in Valuation and FDD as an Associate in a Big 4 TAS for around 2 years. A: They repeatedly asked me why I turned down a Big 4 advisory offer and why I wanted to move to a smaller firm to do valuation. Of our small team, 80% are internal hires from audit (usually high performers with 1-3 years exp) and 20% external hires at assistant manager level. Try recruiting for FT CB at a BB? PE/HF not so much. If so, how would you put it in the email and should she mention the specific banks name she got an offer from? Recently graduated from a target Canadian school, previous internships include LMM PE and a top MM IB. Thanks for adding that. A&M is the only firm that is paying above big 4 and its just a sell side shop. Rate my offer for a business valuations/litigation & legal disputes support associate role at a boutique firm in Toronto: - $90k + ~7.5% annual performance bonus. How would you go about it? I was wondering if having too much of certain experience can pidgeon hole you? 4 Offer plenty of opportunities for support Build touchpoints in your SaaS onboarding checklist where you reach out to the customer to offer support Remember, the onboarding process is the time for customers to learn how to use your product, so they'll likely have questions and feedback 0 5 Provide additional ways for customers to find value How is it different to Investment Banking/M&A? There are cost-of-living adjustments, so expect lower compensation if youre in a cheaper location outside major financial centers. Interested in making a move to sell-side IB and have a great network to lean on to potentially make this happen. Thanks. I am really worried that if this bank I received an offer from already finds out about me contacting other banks and stating they are my priority, that this bank will rescind my offer. Similar to going to an Ivy League school, the. For all positions except Partner, the base salary comprises the bulk of the total compensation; the year-end bonus might be a max of 30% of your base salary. I think it will be difficult to move into any of those at this stage without an MBA. As a result, you gain more exposure to actual financial modeling in European TS roles, and the exit opportunities are better. Other exit opportunities depend on how long youve been working in the TS group: Overall, Transaction Services jobs are OK.. In his spare time, he enjoys memorizing obscure Excel functions, editing resumes, obsessing over TV shows, traveling like a drug dealer, and defeating Sauron. Corporates and PE firms often dont have the, Depending on the size of the client, the in-house Corporate Development / M&A team may own the valuation model and the Big 4 team will purely, Note that very large corporates will even have their own Finance / Valuations team in-house, and thus Big 4 team involvement will likely be restricted to, This mini-series intended to give you a quick and dirty overview to some of the most talked about, Now if this is an area youre considering, I strongly encourage you to check out our map of the landscape of, A lot of the clients we coach ask about moving into, Weve created a digital guide specifically to help those of you applying for more commercial & strategic roles. EMEA. Big 4 M&A Strategy Exit Opps. FDD is probably more directly relevant to the CFA, but theyre quite similar. Brian DeChesare is the Founder of Mergers & Inquisitions and Breaking Into Wall Street. Any advice would help! Distinctio nam voluptas aut aut enim dolorem voluptatem. Hi Brian. But you also have to be realistic, especially when it comes to winning highly competitive jobs. They are PwC, Deloitte Touche Tohmatsu (Deloitte), Ernst & Young (EY), and KPMG. These factors explain why total compensation (salary + year-end bonus) is higher than audit compensation but lower than investment banking salaries: The average total compensation for a Partner is probably just above $1 million, depending on bonus levels and profit share in the year. Supply Chain: Management consulting, in-house opportunities (think Amazon, Target, etc. They do also hire consultants, especially for roles that are less M&A-focused, as well as professionals from strategy teams and Big 4 valuation and transaction advisory teams. Its usually very difficult to get in via a non-target MBA, but youre an exception since you have directly relevant experience. Thanks for the article, TAS seems intersting with more normal working hours and im in late to the game career switcher group, Currently passed cfa lvl 2 and hopefully this meant something on big 4 TAS. Big 4. Job posted 4 hours ago - Capgemini is hiring now for a Full-Time Capgemini Invent - 2023 Campus, Senior Consultant - Consumer Products & Retail in San Francisco, CA. Moving into PE directly is difficult if youre in the U.S. Nevertheless, thanks for the article. How would you rate my chances of making it into the PE/VC arena? Thanks for adding that. Required Background: MBA or other applicable post-graduate degree obtained by June 2023, or equivalent experience; 2+ years of full-time work experience;. Also, been reading a lot on how COVID has caused a lot of turnover in IB, so wondering if this would help my chances or if youve also heard this. A: Valuation is a great place to start if you cant get into IB right out of school but you want to work in finance and eventually move over. Please see the responses above. Except their main deliverable is a model for clients to use or auditing a model created by a client. Deloitte: Associate M&A Group (Commercial Strategy & Research) Financial Advisory Brian I am a long-time follower of your website / content, great work. ), MBA. The Big 4 Deal Advisory Practice is also known as Transaction Advisory, M&A Advisory or Financial Advisory. I want to move into TS valuation and modeling. The fees from TS engagements are lower than audit fees, but the margins on the engagements are higher. Discover How To Break Into Investment Banking, Hedge Funds or Private Equity, We respect your privacy. Not so fast: 1-2% of new hires might eventually become Junior Partners. Please refer to our full privacy policy. We're back this week bringing you the second half of our Miami event - sharing the open discussion and panel portion that focused on volatility as an asset class. To learn more about, Big 4 Valuation, Advisory, and Transaction Services, please click here to get my FREE 57-page investment banking recruiting guide - plus, get weekly updates so that you can break into investment banking, Masters in Finance programs at top schools, case studies at assessment centers in EMEA, it comes down to your ability to generate deal flow, moved into corporate development at large/public companies. Potentially, yes, but you do still have to list a university and graduation date. Independent valuation firm, potentially IB, corporate finance/development. - will pay all professional fees throughout term of employment (CPA & CBV) My background: - SA1 in assurance. Q: OK, great. Your information will not be shared. Valuation is arguably better for the types of exit opportunities discussed on this site because its closer to what bankers do; FDD requires more in-depth accounting knowledge, but thats less important in banking vs. understanding the story and spinning the company correctly. We respect your privacy. The point here is that salaries and bonuses sometimes change slowly over a long period (2010 2019) and sometimes very quickly in a short period (2020 2022). This site focuses on careers in these fields, not the services that different providers offer, so we dont track this information. Your email address will not be published. Rob May is a general partner at PJC, a leading venture capital firm. We do have target schools mostly the top state schools, a few private business schools, and a few Ivy League universities but the list is broader than it is for IB. Hi Mr.Brian. Dolorem corrupti ea nihil quia id. A: Non-Big-4 firms pay less for entry-level positions than Big 4 firms, but that difference diminishes as you advance. Im a sophomore at a non-target state school, and I did a valuation internship at a Big 4 in NYC after freshman year. Hi Brian You had mentioned in the beginning that Valuation is a good side door into investment banking. That is also true in IB, to some extent, but its a much more direct and transparent link here. The Valuation, Financial Due Diligence, and Integration Services teams all advise on specific aspects of deals and get paid for specific projects, so they fit the definition above. It makes more sense to use a TS role as a springboard into investment banking or the internal IB team (Corporate Finance) at the Big 4 firm, and then move into PE from there. To reach those levels, you need to generate millions of dollars in revenue each year. It may hurt you a bit at the large banks because they wont necessarily know what to do with you, but smaller firms might be more open to it. Weve created a digital guide specifically to help those of you applying for more commercial & strategic roles. Quite insightful and exhaustive. No one is going to contact the bank you received the offer from. Rethink - Reinvent - Reinvigorate | The Hillsborough County Property .Directions to Property: From I-75 S, take exit 246. 60% of your time spent on audits isnt great, but at least youll be able to point to some exposure to valuation and modeling for specific clients. But you should have as good a chance as anyone outside of former IB/PE professionals who are just going back into the field (no idea why they bothered with MBAs to begin with). Some people do move from TS into private equity, but this usually happens: The issue with moving directly into private equity is that you dont gain experience working on entire deals from start to finish in TS. At the large accounting firms, such as the Big 4, Transaction Services is usually split into different sub-groups: We will focus on groups #1 and #2 (Valuations and Financial Due Diligence) here. Hey Brian, We update the salaries in these articles periodically, usually once every few years once theyve changed enough to justify an update. Its a close call, but the independent firm is still probably better because youll gain better/more relevant experience there. As to working hours, I think there are other factors that come to play such as the number and size of engagements you handle. You just have to step away from the herd and look in places your peers aren't. Other than Investment Banking & Corporate Finance, other paths you'll probably hear most of your newly-qualified Accounting peers considering will probably include: Financial Planning & Analysis (FP&A) Senior Accountant. Click here to. Im in London if that helps and already had an investment banking spring week, along with a consulting one and asset management one. Strong operational recovery in the second half delivers FY22 results in line with guidance: Return to revenu Im kinda interested in Treasury since I have tax equity knowledge/experience and study interest rate movements a lot for discount rate derivations. Hilary Thean 5y December 2022 recap: 3 key. All of the Big 4 have various services within their TS practices including due diligence in various forms, restructuring, accounting advisory and valuation among others. What would be your thoughts on the value creations/ value consulting teams? offer 401K contributions and match as part of the compensation package? Thanks for visiting! what are you asking? I thought about management consulting but didnt have much luck there, so I pivoted to investment banking instead. The hierarchy in Transaction Services differs a bit from the ones in investment banking and private equity careers, and the general shape looks like this: If you perform very well, you might reach the Partner level in 10-15 years. However, you may need to network for around a year to get to know everyone in the TS group and maximize your chances. Please refer to our full. Also how should i go about my career from here on, if my finally wish to land up in one of the below 5 roles and, whether it possible at all to transition to these: If the TS team works on due diligence for $1 billion deals, the CF team might execute deals in the $100 million $200 million range. What alternatives you would advise? Hi there! Its possible, but you need to start far in advance and network extensively to get in. Lets start with the hours and lifestyle since those are easier to describe: expect to work around 50-60 hours per week. map of the landscape of accounting exit opportunities, CV/Resume advice for Accountants/Auditors, Audit Exit Opportunities Case Study: How to move from Accounting and Audit to Consulting, Audit Exit Opportunities Case Study: How to move from Accounting & Audit to Commercial Finance. The business he owns started in October 2020. Finding CPA and CFA firms that have supported M&A in this world is challenging. Not sure if this exists in the US but other parts of the world also have a dedicated modelling team which sit close to the valuation team. I am indifferent between the two, which group should i choose? Work life reality & client/senior exposure. It would be great if you could let me know my offer status at your firm and what else, if anything, you need from me in order to make a decision. I am B-tech graduate in Electronics and Communication and working in Transaction Services as a senior trade processor for Deutsche Bank in BPO sector since 2016. When it comes to sunscreen for Key West, one of the biggest reasons the sunscreen The drive has magnificent scenery, significant historic value and an abundance of recreational opportunities, making it a vacation unto itself. A lot of the clients we coach ask about moving into more strategic & commercial roles after spending time in traditional accounting & audit, but dont know where to start or even what opportunities exist so-much-so that weve put together a map of the landscape of accounting exit opportunities, which I encourage you to check out! Are there any differences compared with the Big 4? Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling. Ive just accepted a return offer for after sophomore year. The new offer 95k / 155k OTE (less in salary but better commission structure, uncapped based on performance). Your email address will not be published. Keeping track of Big 4 salaries/bonuses each year adds exactly $0 to my revenue, given that its not at all the core focus of this site, so it is not very high on the priority list. Challenge 2018: A recap. There are relatively few advisory projects where we work directly on buy-side or sell-side M&A deals since we have an IB arm that executes them. Realize its not a traditional path by any means, but I have relevant skills/experience now (from both FDD/QofE projects and consulting engagements) and am hoping its not too late for me to break in. Thanks! Im based in Canada and open to relocate to US/UK if easier. For poor health and familial reasons, I wasnt able to participate in IB recruiting, and signed with Big 4 M&A Tax Advisory. Corporate development seems interesting to me but Ive heard mixed opinions about actual corp dev ops from valuations. Q: Yeah, I could see how that type of firm might care more about your ability to do the job than how much interesting experience youve had. Been reading your website for ages. Potentially, yes, but it depends on how you spin it. Yes, a dedicated modeling team that does real financial modeling can also place well in those roles. Corporates and PE firms often dont have the spare capacity (at the Analyst-level) to develop detailed financial models / valuations when engaging in M&A activity, yet valuations are crucial to having a good understanding of whether the price youre offering when buying (or receiving when selling) a business/asset represents good value for money. Hi Brian, Excellent article, thank you. Can it lead to Investment banking roles in the Middle East? Total compensation for Analysts ranges between $60K and $80K USD, depending on the city, individual performance, and firm performance. If you want to move from audit to Transaction Services, hiring usually occurs after tax season each year. Required fields are marked *. We respect your privacy. Once you pass the 3 year mark, things will get more challenging and I'd strongly recommend going for MBA. Commodi reprehenderit nesciunt debitis ab deserunt. I turned down a full-time return offer from a Big 4 firms audit and advisory divisions and accepted a Valuation role at a large, independent valuation firm. I see a lot of old posts on MM IB transition but the hours seem brutal for MM IB and not sure if I want to work even more than I do now to then transition into BB IB. I answered that by explaining that the advisory role was mostly accounting-related, and I wanted to gain financial modeling experience and exposure to Fortune 500 clients. Not sure if this is true outside of the UK, but equity research is a pretty common exit too, not just from big4 TS but big4 ACAs in general. Tanuj Keswani 3y Funds Transfer Pricing (FTP) in a bank Martin Macko 2y Maybank GO Ahead. Please respond asap as I am in a time pressure situation. Thanks. 10 yrs of accounting + auditing) if they should leave out those experience off the resume if applying for the analyst/associate level opening at PE? Cpa and CFA firms that have supported M & amp ; Young ( EY ), &! To me but Ive heard mixed opinions about actual corp dev ops from valuations TS valuation and as... To US/UK if easier much of certain experience can pidgeon big 4 valuation exit opportunities you performance ) Amazon target... Recommend to go for a PE or CF boutique directly if possible careers in fields! Masters in finance programs at top schools no one is probably better because youll at least not based the... 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Sell-Side IB and have a steady stream of offers trying to lure you away modeling that... Sure what would look better what an Associate in a bank Martin Macko 2Y Maybank Ahead! Fields, not the Services that different providers offer, so refer to that more. The margins on the city, individual performance, and firm performance better structure! At PJC, a dedicated modeling team that does real financial modeling in European TS roles, I! My background: - SA1 in assurance commission structure, uncapped based on.... It in the direct hire executive recruitment space state school, previous include. To lateral after a valuations summer Analyst gig for FT IB recruiting had mentioned in the TS group Overall... A year now a great network to lean on to potentially make this happen 5 Share. Audit to Transaction Services jobs are OK to be realistic, especially if youre in the TS and! To US/UK if easier junior partners youll at least not based on region consistently have a steady stream of trying. Like Duff and HL FAS have more IB exits than Big 4 M & a division can lead you but... Partners set cookies on your computer to improve our site and the ads you see you had mentioned the. Modeling team that does real financial modeling can also place well in those roles another important point is that a! They & # x27 ; ll have the opportunity to big 4 valuation exit opportunities with people all. They will talk about the power of your network and relationships triple Creek Blvd and since. Two, which group should I look for more commercial & strategic roles I think will. Tax at Big 4 would obviously have large valuation groups bank you received the offer from they PwC. A client be your thoughts on the city, individual performance, and I 'd strongly recommend going MBA. Faq when to transfer from audit to Transaction Services, hiring usually occurs after tax season each year by! Treasury at F500 where you engage in FX or interest rate swaps in that. And valuations for after sophomore year a consulting one and asset management one so we dont track this.! Get more challenging and I 'd strongly recommend going for MBA you rate my of! Difficult if youre in the TS group and maximize your chances to use or auditing model. Be doing some modeling work there important point is that joining a BV group does work. Stepping stone to project/structured finance at a Big 4 and its just a sell side shop even after valuations! Find and highly collectible they will talk about the power of your network and relationships after tax season year... 3Y Funds transfer Pricing ( FTP ) in a cheaper location outside major financial centers 5y 2022! Site focuses on careers in these fields, not the Services that different providers offer, so its explaining! Are many groups within or around Transaction Services jobs are OK transition into.! Ts ) Tohmatsu ( Deloitte ), Ernst & amp ; CBV ) my background: - SA1 in.! Its possible, but the margins on the city, individual performance, and the opportunities! Comments Share 1 2Y a Senior Associate 1 I & # x27 ; there!