Sep 29, 2022

Credit Risk at BB advice

Hey everyone,

So I just got an offer for Credit Risk at a BB Citi/JPM/BofA. I'm coming from MM Regional Commercial Banking from a top 10 bank. As of right now I could stick it out at the MM position as it has a direct path to an underwriting role (regional not industry specific, mostly C&I) and eventual RM role. Or, switch to the BB Credit Risk for an Industry group (seems to be similar to what I'm doing now, basically portfolio manager duties for a handful of accounts).

I feel that the BB would obviously open up more doors potentially. However, it seems to be strictly PM as opposed to any origination underwriting whereas I would have a direct path to "Underwriting" at the MM. A bit confused because where I'm at now basically groups PM & UW together, seems BB separates the two. Pretty open to future career paths, was leaning towards the RM route, not sure I'd be able to handle the BB LevFin hours, as that would potentially be an exit if I perform well. So, considering that, any general advice (BB is offering a 30% current raise, but I could stick it out at MM and earn relatively similar within maybe 1-2 years.

1 Comments
 

Repudiandae qui totam id voluptate unde. Facere ut necessitatibus accusamus ut.

Veniam beatae dolorem sunt repellendus quaerat sit dolorem. Inventore officia aliquid suscipit nihil at omnis ipsam molestias. Architecto molestiae ut quo impedit rem.

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

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 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.7%
  • BMO Capital Markets 12 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 (16) $429
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (14) $159
  • 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
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
kanon's picture
kanon
99.0
5
dosk17's picture
dosk17
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
GameTheory's picture
GameTheory
98.9
8
CompBanker's picture
CompBanker
98.9
9
DrApeman's picture
DrApeman
98.9
10
Mimbs's picture
Mimbs
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...”