Aug 07, 2023

Breaking into Private Credit from Credit Risk?

Hey everyone! A longtime lurker here.

I have a background in engineering and worked for a top US credit card issuer in their risk management division. I'm currently pursuing an MBA in Europe. I'm interested in finance, and I have been looking IB/PE and Asset Management roles to recruit into after my program ends.

I recently discovered the Private Credit industry and have been reading up on it. Do you think jumping from the credit card risk space to the private credit industry is a realistic bet? In my previous job I was analyzing large transaction datasets for building strategies for authorizing transactions on my company's card portfolios. A lot of the Private Credit terms and jargons that I read about seem similar to my work in the past, and in the end I see both jobs as extending loans to businesses (albeit private credit focuses a lot more on financial analysis than my previous job).

Let me know what you think about it? Is there anything that I can do to strengthen my profile?

I have completed CFA Level 1 and would prepare for Level 2 towards the end of my MBA. I'm currently doing a wall street prep LBO course.

1 Comments
 

Ipsa adipisci hic placeat mollitia iusto. Consequuntur fugit dignissimos distinctio velit veritatis et ut. Maxime commodi modi nesciunt quia. Nesciunt praesentium et ipsa qui sed facilis quae.

courses
Elite Modelling Program
We help you thrive in the most prestigious jobs on Wall Street Oasis
testimonials
What Students Say About WSO
We help you land the role or you get free tuition

Career Advancement Opportunities

June 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

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.8%
  • Evercore 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 05 98.3%
  • JPMorgan No 97.7%
  • Goldman Sachs 02 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (44) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (79) $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
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
dosk17's picture
dosk17
98.9
7
DrApeman's picture
DrApeman
98.9
8
GameTheory's picture
GameTheory
98.9
9
CompBanker's picture
CompBanker
98.9
10
bolo up's picture
bolo up
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...”