I HATE Being An Investment Banker (Life Rant)

[mamba]

Who do you know making 100k working for someone else and not at least working 60 hours breh

I do. I'm not in banking. I don't average more than 50 hours per week, breh.

I-banking money is nice. But, I'm not working 80 hours per week. My health and shyt is more important than money.

 

[the cac mamba]

...I got this white dude fired in such a despicable flamboyant brazen way .

u mind elaboratin on this

 

[Reality]

I do. I'm not in banking. I don't average more than 50 hours per week, breh.

I-banking money is nice. But, I'm not working 80 hours per week. My health and shyt is more important than money.

What do you do?

Please don't say you have certs.

 

[Theraflu]

What do you do?

Please don't say you have certs.

 

[duckbutta]

u mind elaboratin on this

I do IT management for our virtualization department...we get customers who come in...say "virtualize our IT infrastructure" and I tell them the best way to do it...how much it cost...then have the guys I manage build the infrastructure...

So that means I see the contract for what they are paying...and project importance is primarily based on who pace the most...you paying millions of dollars, you go to the top of the list, etc...

Had this white dude...an account manager dude...just sign a customer to a contract without even meeting me...which means we had to stop what we were doing to move his shyt to the top of the list...and he knows that is a no no....we would have been sitting in a courtroom if we did not meat the deadline...

So I had a straight man to man talk to him and told him don't ever do that shyt again...don't ever go over my head like that again...

He turned right around and did it barely a month later...

So I sad fukk it...called his bluff...didn't do the project...I just kept his shyt on the bottom of the pile...

He went all the way to the c level management people...that is who I report to... well really only one c level guy, the one that hired me...he didn't even come talk to me about it at all...

Problem is...the c level people don't know the numbers on the contract unless someone tells them...I am one of the first people to know it...

So they come to me like "hey duckbutta can you do this guy stuff"...I say "pick one of these mulitmillion dollar contracts for us to stop working on to work on his 100 thousand dollar contract"

They not going to put that in writing...them c level people will get roasted...pretty much telling me to toss away millions to make a few hundred thousand...

They leave it as "well we trust you make the right decision" aka they not going to do anything...

We did not do that contract...the customer did not sue buy threatened to for months...then every project for one of his clients just automatically went to the bottom of the pile...even after he started doing it the right way...i would have all these meetings with all his customers about all this shyt they wanted and still just toss them shyts in a random corner...he starts losing clients cause none of their projects get done...his boss starts getting in his ass...and then poof all of a sudden he being paid more money than his accounts make...poof he is fired...took about a year....

In the last few weeks he knew what I was doing and knew how it was going to end and tried to come and apologize but I pretty much just told him "nah i told you not to do it again but you did...and I got to let these other people at work know I'm not the guy to fukk around with"

His feelings were more hurt than all the white execs didn't swoop in and save him over what I was doing to him though...that they sided with me...every time he would mention me not doing his contracts them execs would feed him some shyt like "well you need to make him understand how important it is"

 

[fukkyalifestyle]

Not saying black people don't have it bad, but imagine if you were arab? Like Muhammhed Sheik Ali is getting hired or promoted in this day and age.

 

[Mr Uncle Leroy]

This is a rant so pardon my incoherence

I'm sitting outside my office building on a break I have to write this because my life fukking sucks right now. I work at an investment bank, a very big one (JP,UBS etc)

I have a BSc, MSci and I'm CFA level two educated. I recently got hired as an associate in January. I was previously an analyst where I had little exposure and now I have my own work and serious contact with clients the reality of this is all hitting.

I left my old finance job to work in the family business for 18 months and honestly nothing will compare to working for yourself but I needed to get back to work. Working for family good but was only to help out.

Investment Banking is the worst job ive ever had. I've worked in call centres during college, retail, being a waiter but no job has made has been as ridiculous as IB.

1. It's not diverse. All the IB firms do all this affirmative action and equal opportunity big talk to make it SEEM like they're diverse but it's B.S check the directory of every main IB firm. There's like 4 black people per 100 whites.

They like EVERYONE but blacks. The tipping point was this week. I've been working with a black charity which helps place black kids in Wall Street bank internships. These kids are smart, have experience and we spend months prepping them interviews. Only one of them secured a role.

Mean while I have this new intern shadowing me today he is dumb as a brick and lacks basic common sense and he is somehow there.

I've been observing that in every division there's the same pattern (2 black men, 2 black women and that's it). I'm pretty certain they're only there to fill a quota. and legalities

You spend your days working with literally people like Don Sterling ALL my clients I'm working with on deals are ALL senile and old and you can tell the ones who don't wanna be doing business with a black dude

Last week I had to go Vienna for a day to meet a new client and you should have seen his face when I walked in

To top it all off I interviewed a black girl from another division who was great a few weeks ago and our M.D said she wouldn't be a good 'fit' meanwhile they hired some random blonde chick

The only good thing about people a black investment banker is the money but how much is it really worth though. Yes, I earn a lot but at what cost ?!

Oh and I finally get why people like @Poitier and @marcuz hate bed wenches so much. Black women are literally not rated AT ALL as in AT ALL by our clients (CFO's CEOs etc) while all the white VPs get to travel our black female VP rarely gets to travel ever. They don't see her as a 'face' for the firm.

I just think people need to stop pretending n saying the 'black boys need to study and go college''we just need to work 10 times harder'

All that 'you gotta work twice as hard' shyt our parents told us was LIES.

It's nothing to do with your degree, your presentation these people are always gonna operate the one at a time rule



I hate being an investment banker and Ill advise all black males to run away from this life path.

I wanna go back to family business but pay isn't enough I miss being my own boss

This life is a lie breh's I went through college did all the things people claim black men should do and I'm still no better off

sad but true

thats why you have to make your own opportunities that works for you

 

[MewTwo]

Not saying black people don't have it bad, but imagine if you were arab? Like Muhammhed Sheik Ali is getting hired or promoted in this day and age.

Most of those arabs work briefly for other people before starting their own shyt.

Integrating and hoping for white people to like you is just a waste of time. Best to carve out your own path.

 

[fukkyalifestyle]

Most of those arabs work briefly for other people before starting their own shyt.

Integrating and hoping for white people to like you is just a waste of time. Best to carve out your own path.

That's true, I guess arabs do usually own there own shyt.

 

[ignorethis]

Just African food n hair stuff man and 3 rental houses

I got a friend that is a young investment banker too, he went to Harvard.
You from Houston?

 

[Blackking]

This life is a lie breh's I went through college did all the things people claim black men should do and I'm still no better off

Took me years as a high paid slave to see this truth.....

Get out, start ur own shyt. You stay more than 7 years you'll end up wanting to eliminate crakkers and despising bedwenches.... u dont wanna be in that place.

 

[4fossa]

SO much truth in the OP





I'm trying to be a comic book artist. Cac dominated obviously but there's black artists eating well out there.

 

[CoolazzFemale]

Nothing can be worse than call centers.
Hang in there...If they have that much energy to waste on hating you. Then let them hate till their death.

 

[DrX]

I do IT management for our virtualization department...we get customers who come in...say "virtualize our IT infrastructure" and I tell them the best way to do it...how much it cost...then have the guys I manage build the infrastructure...

So that means I see the contract for what they are paying...and project importance is primarily based on who pace the most...you paying millions of dollars, you go to the top of the list, etc...

Had this white dude...an account manager dude...just sign a customer to a contract without even meeting me...which means we had to stop what we were doing to move his shyt to the top of the list...and he knows that is a no no....we would have been sitting in a courtroom if we did not meat the deadline...

So I had a straight man to man talk to him and told him don't ever do that shyt again...don't ever go over my head like that again...

He turned right around and did it barely a month later...

So I sad fukk it...called his bluff...didn't do the project...I just kept his shyt on the bottom of the pile...

He went all the way to the c level management people...that is who I report to... well really only one c level guy, the one that hired me...he didn't even come talk to me about it at all...

Problem is...the c level people don't know the numbers on the contract unless someone tells them...I am one of the first people to know it...

So they come to me like "hey duckbutta can you do this guy stuff"...I say "pick one of these mulitmillion dollar contracts for us to stop working on to work on his 100 thousand dollar contract"

They not going to put that in writing...them c level people will get roasted...pretty much telling me to toss away millions to make a few hundred thousand...

They leave it as "well we trust you make the right decision" aka they not going to do anything...

We did not do that contract...the customer did not sue buy threatened to for months...then every project for one of his clients just automatically went to the bottom of the pile...even after he started doing it the right way...i would have all these meetings with all his customers about all this shyt they wanted and still just toss them shyts in a random corner...he starts losing clients cause none of their projects get done...his boss starts getting in his ass...and then poof all of a sudden he being paid more money than his accounts make...poof he is fired...took about a year....

In the last few weeks he knew what I was doing and knew how it was going to end and tried to come and apologize but I pretty much just told him "nah i told you not to do it again but you did...and I got to let these other people at work know I'm not the guy to fukk around with"

His feelings were more hurt than all the white execs didn't swoop in and save him over what I was doing to him though...that they sided with me...every time he would mention me not doing his contracts them execs would feed him some shyt like "well you need to make him understand how important it is"

well played, beat them mentally instead of punching them

 

[#1 pick]

I work 40 hours a week in reality work about 16 hours and I am cool with what I made. I make money doing other stuff at work.