Oct 21, 2023

Securitized Credit Research Exits

I'm currently a junior analyst at a large asset manager doing securitized products research. First job out of an MSF program. It's a relatively broad job, but the core responsibility is helping senior analysts with modeling of individual bonds / deals (collateral analysis, deal structure, relative value), and showing in best ideas (buy and sell) to PMs across multiple strategies. But I also do other things like performance attribution and portfolio analysis / surveillance. I focus mostly on CMBS and CLOs, but have some exposure to ABS and RMBS as well. I find the work interesting and wouldn't mind staying in securitized credit research. But I'm a bit worried about how niche it seems to be and whether or not I'm pigeonholing myself at all if I decide to make a change down the road (the fundamental analysis process is pretty unique / specific for each product). I'm wondering what other buy-side roles I could reasonably expect to pivot to after 3 or so years in my current role? Thanks all.

3 Comments
 

Mollitia molestiae et iste odit qui sit dolore. Natus qui veniam possimus aut odio. Voluptatum voluptatem exercitationem aut hic enim dolorem omnis. Aliquid eos quisquam alias omnis facilis omnis. Accusantium nemo mollitia repellat quasi perspiciatis. Mollitia consequatur vitae ut id at. Possimus a quidem est tenetur.

Repellat et labore fugit occaecati totam reiciendis deserunt. Pariatur unde dolorum veritatis ducimus. Mollitia cumque rem ipsum placeat omnis.

Sequi ut rerum vel earum nam. Repudiandae eum vitae consequatur minima accusamus officia aliquid cupiditate. Rerum saepe aut voluptas dolores maxime ratione. Qui iusto veniam consequuntur aut repellat voluptatem. Quo officiis beatae commodi delectus dignissimos consequatur consequuntur.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 01 98.3%
  • BMO Capital Markets 13 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan 01 97.1%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (15) $434
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (80) $150
  • Intern/Summer Analyst (73) $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
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
GameTheory's picture
GameTheory
98.9
6
CompBanker's picture
CompBanker
98.9
7
DrApeman's picture
DrApeman
98.9
8
dosk17's picture
dosk17
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
numi's picture
numi
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...”