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In the context of an investment bank (I’ve worked at both US and UK ones, though they are all multinationals really), MDs would really just be higher ranking mi
by decafninja 5y ago
In the context of an investment bank (I’ve worked at both US and UK ones, though they are all multinationals really), MDs would really just be higher ranking middle managers. The highest ranked would be direct reports to the C level. Some are line of business or department heads. I know some traders were MDs despite being “individual contributors” and not desk heads, etc.
Tech MDs, as with tech employees in general, we’re always lower in status than business ones.
Probably the first level of title that is actually meaningful though. There are legions of “Vice Presidents” and “Directors” at investment banks. Whereas MDs are comparatively much rarer.
- MattPalmer1086 5y agoRecognise the investment banking job title inflation! When a couple of people who used to work for me suddenly became Vice President, I congratulated them on their meteroic rise. Yeah, not so much they pointed out... :)
- decafninja 5y agoSimilar thing happened to me when I was interviewing around. My resume and LinkedIn had my title as “Vice President”. It apparently intimidated more than one interviewer at the SV tech companies I Was targeting. I came to the conclusion the title hurt me more than helped, since I had no desire to remain in the finance industry. So I replaced it with just a generic “senior SWE” title.