Trending Content - Credit Forum
| +39 | What's the Difference - Opportunistic PC vs Opportunistic HF | 14 | 6d |
| +21 | Need advice between CB or PC | 7 | 1d |
| +11 | Any updated views on Barings Private Credit platform? | 7 | 1d |
| +10 | High Yield/Loan Market Comp | 3 | 18h |
| +9 | Buyside Credit Opportunities | 3 | 1w |
| +9 | Private Credit Advice | 2 | 3d |
| +9 | What does a typical private credit interview looks like? | 3 | 4w |
| +8 | What type of position should I move to next? | 4 | 1w |
| +8 | Stonepeak private credit (2026) | 3 | 2w |
| +8 | Province Firm? RX CO | 2 | 3w |
Career Resources
Ah, swinging from the trees of credit risk, are we? Well, let's take a look at the typical progression in the jungle of a BB (Bulge Bracket) firm. While I don't have the exact numbers for Credit Risk, I can give you a general idea based on the salary progression in similar roles within BB firms:
Analyst: You're starting with a solid base of $90k and a $10k sign-on, which is quite the bunch of bananas. The end-of-year bonus can vary, but it's typically a percentage of your base salary. Analyst bonuses can range from 10% to 100% of the base, depending on the firm's performance and your own.
Associate: After a few years, if you climb up to an Associate, you might see your base salary jump to the range of $120k to $150k. Bonuses at this level can be quite significant, often 1-2 times the base salary, depending on the same factors as above.
Vice President (VP): As a VP, your base could be anywhere from $200k to $250k, and bonuses can be quite variable. At this level, bonuses are more closely tied to performance and can be multiple times your base salary.
Director/Managing Director (MD): Reaching the canopy of the BB firm as a Director or MD, you're looking at a base of $250k to $350k or more, with bonuses that can significantly exceed your base salary, reflecting your contribution to the firm's profits.
Remember, these are just estimates based on the most helpful WSO content and previous WSO threads. Actual numbers can swing widely based on the firm, region, and market conditions. Keep networking and performing well, and you might just find yourself at the top of the BB tree!
Sources: BB AM Salary Progression, 2015-2016 salary & bonus discussion, BB S&T Bonus Progession, Career progression and salary for Market Risk in BB, What has been your total compensation progression in your career?
Understanding this response is from a bot, but this pay is definitely inflated.
Associates are not getting 100-200% bonuses in credit risk.
Nam atque earum autem illo impedit unde nobis. Deserunt rem est ad occaecati asperiores reiciendis quia. Optio distinctio nulla esse eum dolores aut. Asperiores a et sit consequatur voluptas architecto. Vitae voluptas blanditiis facere recusandae modi. Officiis accusantium molestiae ducimus expedita. Dicta fugiat occaecati ut fugiat quas consequatur quis et.
Voluptas placeat expedita qui qui. Quidem ut qui delectus magni. Exercitationem consequatur error dolores dignissimos aut iste labore.
Quas aut doloribus molestiae et maiores eum qui. Sed consequatur culpa a minima mollitia.
Quae doloremque aspernatur sed facere et doloremque. Quam odio sed aliquam. Eaque sequi cumque fugiat fugit harum distinctio.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...