Questions About BofA Securitized Products

I'm hoping to get some more color on what the culture and team looks like and any help is appreciated. 

  1. What are the general hours like?
  2. How is full-time comp bonus-wise?
  3. Is the MBS or ABS business better/stronger?
  4. What do typical exits look like? I don't want to pigeonhole myself into securitization forever so trying to keep broad exposure.
  5. How open is the team to transferring internally? For example if I become more interested in other areas of S&T or banking/structuring, etc.
  6. Any weekend work?
  7. How do the MD's treat the juniors? How often are team socials/outings? How's junior culture?
 

Deserunt est facere illum molestiae animi officia mollitia. Id vitae asperiores officia non ut fuga aut. Ipsum consequatur nobis occaecati perspiciatis aut enim nesciunt est. Maiores expedita sint iusto voluptatem sapiente eum placeat. Sunt occaecati debitis enim.

Ut tenetur et ea. Qui repellat officia molestiae eius libero.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

June 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Perella Weinberg Partners New 98.9%
  • Lazard Freres 01 98.3%
  • Harris Williams & Co. 24 97.7%
  • Goldman Sachs 16 97.1%

Overall Employee Satisfaction

June 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.9%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 05 97.7%
  • Moelis & Company 01 97.1%

Professional Growth Opportunities

June 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.9%
  • Perella Weinberg Partners 18 98.3%
  • Goldman Sachs 16 97.7%
  • Moelis & Company 05 97.1%

Total Avg Compensation

June 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (21) $373
  • Associates (92) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (68) $168
  • 1st Year Analyst (206) $159
  • Intern/Summer Analyst (148) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
GameTheory's picture
GameTheory
98.9
6
dosk17's picture
dosk17
98.9
7
CompBanker's picture
CompBanker
98.9
8
kanon's picture
kanon
98.9
9
numi's picture
numi
98.8
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”