sultanoflondon

Hi all,

I hope to go into the finance industry, Sales & Trading or such like in the future in a trading firm or bank in the US, hopefully NYC.

Is it common for a bank, for example a Bulge Bracket, like JPMorgan or Bank of America or such like, to sponsor a UK citizen to come to live and work in the US for them? I don't really have family in the US, maybe some far off family members that wouldn't make a good application.

Thanks!

Michael

Wall street jobs are very competitive (most don't get there) so you'll likely have to get experience in the UK to have a chance. For Americans to get a foot in the door directly out of a university, they likely need to be the cream of the crop from a prestigious university.

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md95065

No.
It does happen but it is definitely not common.

MsElui

my husband worked in IT for one of the banks you mentioned and they brought him across.

Pulaski

As a new graduate there isn't a hope in hell. Get some experience and become a star manager and it's certainly possible. Think of it as a 5-10 year plan.
There are no "degrees of suitability" for family sponsorship for a US visa. Either the family relationship is close enough (spouse, parents, children 21+, siblings), or they're not (aunts/uncles, nieces/nephews, cousins, and anyone more distantly related)

Are you open to international internet dating?

JAJ

Why not London? You're previous posts say you're a British citizen and not American, so you don't need a visa for London. But you do need one for New York. It makes a difference.

Chances are higher if you have had a successful number of years in their U.K. operation.

hungryhorace

On the contrary, I used to work in the square mile and it is VERY common for this to occur. Colleagues at trading and IT posts were regularly offered placements with the firm in NYC and SFO.

Hotscot

Interesting.

Could you clarify though?

What about,

Experience/Education level/Contacts?

Pulaski

#5 pt1, above.

Hotscot

That's what I'd assume but I was wondering if Horace's take was any different.
Or does his #7 assume an appropriate advanced education and relevant experience?

md95065

You are talking about transfers within a company.

I took the OP's question to be primarily about the possibility of being hired "off the street" by a U.S. bank.

sultanoflondon

That's right.

But, if a transfer happened, that would be great.

But I don't think it happens in finance much.

Michael

IT, oil and gas, and finance are probably the three most likely to transfer employees. However if someone is an average performer in any of those, the chances become slim.

hungryhorace

The current salaries to people being offered these moves were I would say ~6 figures and above. Management / Graduate Leadership Scheme / Top IT staff.

hungryhorace

You're wrong. Finance is where it happens the most, as they have 1) the money 2) the skilled staff that warrants their expertise in another country.